A new startup called Happaning wants to make video a more immersive experience by allowing people to watch the same event from multiple perspectives. Or, as co-founder and CEO Andrew Eniwumide likes to say, it’s “Google Street View, but with video.” The company believes its unique technology offering these multi-vantage point videos could ultimately do more than just introduce a new user experience for video — it could solve other issues with misinformation or deep fakes, for… Source link
Read More »US STOCKS-Wall Street falls on worries over slowing economic recovery
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Drugmakers Amgen, Merck weigh on Dow after rating cuts * Boeing drops after Ryanair ends jet order talks * Tinder parent Match Group jumps on joining S&P 500 * Indexes down: Dow 0.72%, S&P 0.42%, Nasdaq 0.02% (Updates to open) By Shashank Nayar Sept 7 (Reuters) – The Dow Jones and S&P 500 fell on Tuesday, as worries over the slowing pace of economic recovery overshadowed hopes that the… Source link
Read More »Wall Street aims to build on gains as COVID-era benefits expire
Stocks dipped in early trading on Tuesday, with Wall Street indices hovering close to last week’s record highs, with analysts closely watching the end of pandemic-era jobless benefits and its impact on the labor market as the COVID-19 pandemic clouds the outlook. Last week, the S&P 500 Index set an all-time high, and the Nasdaq Composite briefly hitting an intraday record, despite August’s jobs data falling far short of market expectations. While payrolls showed the economy creating a… Source link
Read More »What the Tech? How to Blur Your House from Google Street View
Posted: Aug 29, 2021 12:46 PM CDT by Alabama News Network Staff You’ve probably looked at your house on Google Earth or Google Street view. Maybe you’vevirtually walked down your street to see the neighborhood. Initially, you might have thought it was pretty cool. But to someone looking to break into houses, those images give the bad guys a lot of information to help them decide which house to… Source link
Read More »Wall Street is chasing stocks higher: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, August 25, 2021 S&P 500 targets are rising left and right The calendar today reads August 25, but it’s starting to feel like the year is over. Starbucks (SBUX) unleashed its Pumpkin Spice Latte on the masses Monday; the chain’s holiday-themed cups are now right around the corner. And Wall Street strategists have been issuing revised… Source link
Read More »Why one Wall Street strategist is a bitcoin skeptic
Bitcoin (BTC-USD) may be holding above $46,000 Monday, but one prominent Wall Street strategist is still somewhat skeptical of the cryptocurrency. At a recent Yahoo Finance Plus webinar, Liz Ann Sonders, chief investment strategist at Charles Schwab, explained her principle misgiving about bitcoin, being careful to emphasize she doesn’t completely dismiss the cryptocurrency altogether. “I am an admitted skeptic to some degree. I’m not on either end of the spectrum — meaning I’m a skeptic,… Source link
Read More »Papa John’s Epic Stuffed Crust pizza helps chain beat Wall Street sales forecast
An increase in mobility as more people get vaccinated for COVID-19 hasn’t changed much for the trajectory of Papa John’s (PZZA) business. The pizza joint clobbered Wall Street sales and profit forecasts on Thursday, powered by demand for new Epic Stuffed Crust pizza and Papadia sandwiches. Here is how Papa John’s performed compared to Wall Street analyst forecasts for the second quarter: Adjusted Diluted EPS: $0.93 vs. $0.73 Net Sales: $515 million vs. $494.4 million Systemwide North America… Source link
Read More »Everybody take the week off, Wall Street firm tells staff
By David French and Jessica DiNapoli NEW YORK (Reuters) – No calls, no emails and no meetings. That’s the order this week from Aquiline Capital Partners to its staff. The private equity firm is putting all employees on vacation, people familiar with the matter said. It’s an unusual move intended to recognize employees and avoid burnout from the physical and mental pressure of the COVID-19 pandemic and the frenetic pace of dealmaking. Aquiline has more than $6 billion in assets and over 60… Source link
Read More »Futures inch higher after Delta-variant selloff drags on Wall Street
Stock market futures rose in Monday’s after-hours session, indicating Wall Street would open higher on Tuesday, after rising COVID-19 infections reasserted themselves and ricocheted across markets. During Monday’s session, major benchmarks suffered their worst declines of 2021, overwhelming quarterly earnings that have almost uniformly reflected a strong rebound. The rising case count driven by the Delta variant — a more communicable form of COVID-19 — pushed the Nasdaq and S&P 500 to… Source link
Read More »Wall Street dives as COVID-Delta variant worries swamp earnings; Robinhood seeks $35B valuation
Stocks sank on Monday, pushing Wall Street benchmarks lower even as second-quarter earnings results reflect a strengthening economic rebound, as rising worries over inflation and the resurgence of new COVID-19 infections rattled investors. This week’s batch of earnings will include industry leaders like Netflix (NFLX) and Johnson & Johnson (JNJ), offering a fuller picture of how companies are faring as more parts of the economy reopened in the spring and early summer. All eyes will also be on… Source link
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