Tag Archives: weeks

Stock futures opened higher Thursday evening to hold gains after a recovery rally, with an initial wave of concerns over the economic impacts of the Omicron variant at least temporarily easing. Contracts on the S&P 500 advanced. The blue-chip index closed higher by 1.4% during the regular session, marking its biggest jump since Oct. 14 Thursday. The Dow and Nasdaq each also advanced. Volatility from earlier this week retreated, and the CBOE Volatility index (^VIX) dipped 10% to below 28. And… Source link

Microsoft CEO Satya Nadella at the company’s shareholders meeting in 2015. (GeekWire File Photo.) Microsoft CEO Satya Nadella sold half of his stake in the company in a series of transactions last week, divesting about 840,000 shares for a sum of more than $285 million, according to a regulatory filing. Nadella sold the shares “for personal financial planning and diversification reasons,” the Redmond-based company said in a statement Monday afternoon. “He is committed to the continued… Source link

Discord is starting to test YouTube integration, just weeks after Google-owned YouTube forced two popular Discord music bots offline. YouTube integration has started appearing in a small number of Discord servers today as part of what appears to be a new test of a collaboration between Discord and YouTube. The feature is called Watch Together, and as the name implies, it allows Discord members to watch YouTube videos together. A test of a similar Discord feature started 10 months ago… Source link

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 Tuesday, September 21, 2021 Two words that hint of volatility, connected by a third An ugly start to September, and the even uglier start to this week’s trading session, can be defined using two alliterative words that often unsettle investors. Correction and contagion. The first word relates to stocks that, as bulls are wont to remind us, usually… Source link

Google is releasing what it says is the fifth and final version of the Android 12 beta, adding that the official release of the full Android 12 operating system is “just a few weeks away.” The new beta release will also be the first one that Pixel 5A owners will be able to install. People who are already running the beta aren’t likely to notice much of a difference, as its focus is on getting developers ready for the impending official Android 12 release, rather than adding new… Source link

Mortgage rates take the biggest leap in 8 weeks as clock ticks on refinancing Despite yet another wave of COVID-19 putting stress on the economy, a long-running survey shows mortgage rates have posted their biggest rise in eight weeks. Analysts say rates jumped because of an encouraging report on hiring in the U.S. If one positive report in the midst of a major COVID flare-up is enough to push rates higher, further signs of economic stability could easily do the same. Experts warn that once the… Source link

Bitcoin dropped below $30,000, breaking below a trading range that had held for the past four weeks and potentially setting up the largest cryptocurrency for deeper price declines. The cryptocurrency was trading around $29,998 at press time and is down about 5% over the past week. Bitcoin has been locked in the broad price range of $30,000 to $40,000 since mid-May, and briefly broke below the $30,000 mark on June 22. The cryptocurrency fleetingly traded at $29,700 a day after the People’s… Source link

EUGENE, OREGON – JUNE 27: Lindsay Flach walks from the track after the Women’s Heptathlon 800 Meters during day ten of the 2020 U.S. Olympic Track & Field Team Trials at Hayward Field on June 27, 2021 in Eugene, Oregon. (Photo by Cliff Hawkins/Getty Images) The most remarkable performance from the final weekend of the U.S. Olympic Track and Field Trials didn’t demolish a world record or send a teenager to Tokyo. In fact, it came from a competitor who quickly fell hopelessly behind in her… Source link

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Cryptocurrencies posted inflows last week after hitting record outflows the previous two, as investors took advantage of price declines in the market, data from digital currency manager CoinShares showed late Tuesday. Inflows into crypto investment products and funds totaled $74 million last week. That followed record outflows of $151 million the previous two weeks, representing 0.3% of assets under management. Bitcoin products continued to see… Source link

Bloomberg The World Economy Is Suddenly Running Low on Everything (Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive the breakneck speed at which demand for goods is recovering and assuage that primal fear of running out. The… Source link