Tag Archives: year

Better grab those Oreos while you still can, and while they’re still relatively cheap. With global supply chains ensnared by bottlenecks, Mondelez International (MDLZ) expects next year to be nearly as bad as the current one. The snack giant’s CFO addressed the labor and truck shortages mentioned in Mondelez’s third-quarter earnings results — and came around to a dispiriting conclusion.  Although some economists had predicted shipping bottleneck relief could arrive by year’s end, “quite… Source link

Google’s rumored foldable device could release next year with similar camera hardware to what older Pixel phones used prior to this year’s big Pixel 6 overhaul, 9to5Google reports. Reports about the device first emerged this summer, at which point it was expected to launch before the end of the year. Now the device, whose codename appears to have changed from “Passport” to “Pipit,” seems to be on track for a launch in 2022. These latest details have emerged thanks to code… Source link

Google Google News will soon be available again in Spain after the… Source link

The Shiba Inu breed is a muse in the crypto world. Getty Images Shiba inu has has seen astronomical gains over the last year, but Robinhood users have missed out. The meme coin is unlisted on the trading platform, but an online petition is aiming to change that status. Robinhood’s chief said the platform is waiting for more regulatory clarity on further coin listings. The price of the Shiba inu coin has sprinted up exponentially over the last 12 months but people who exclusively use Robinhood… Source link

Bitcoin (BTC-USD) may finish 2021 defined by the same vertigo-inducing price action that took it from under $30,000 to a fresh record near $66,000 within the space of a few months, analysts say. On Thursday, investors booking profits in the wake of the successful launch of two Bitcoin futures-based exchange traded funds (ETFs) last week dragged the digital coin down by about 5% on the day. More new funds are expected to hit the market from issuers like VanEck, Galaxy Digital and Bitwise,… Source link

If you thought home prices couldn’t go any higher, hold on to your hat: Goldman Sachs (GS) economists are forecasting even more price increases in the year ahead. “Our model now projects that home prices will grow a further 16% by the end of 2022,” wrote a Goldman Sachs team of economists led by Jan Hatzius in a recent note. “Of all the shortages afflicting the U.S. economy, the housing shortage might last the longest,” he said.  Home prices are currently up 20% year-over-year. The boom in… Source link

MOSCOW (Reuters) – Adventurous Muscovites may soon be able to travel around parts of Moscow in driverless taxis as Russian tech giant Yandex plans to start testing the autonomous vehicles in the city this year, the company said on Wednesday. Yandex, which operates a raft of services from online search to food delivery, has been testing self-driving technology for more than three years in Russia, Israel and the United States. Robotaxis will available through the company’s Yandex.Go… Source link

A view shows a fragment of a Hyundai Sonata automobile during an event, organized by Yandex company to present the new generation of its self-driving car developed in cooperation with Hyundai, in Moscow, Russia May 27, 2020. Picture taken May 27, 2020. REUTERS/Shamil Zhumatov MOSCOW, Sept 8 (Reuters) – Adventurous Muscovites may soon be able to travel around parts of Moscow in driverless taxis as Russian tech giant Yandex (YNDX.O) plans to start testing the autonomous vehicles in the city… Source link

“Here comes the worst month of year,” warns one market strategist. “Although this bull market has laughed at nearly all the worry signs in 2021, let’s not forget that September is historically the worst month of the year for stocks,” says LPL Financial chief market strategist Ryan Detrick. “Even last year, in the face of a huge rally off the March 2020 lows, we saw a nearly 10% correction in the middle of September,” he added. The S&P 500 (^GSPC) hasn’t had so much as a 5% correction… Source link

(Bloomberg) — Peloton Interactive Inc. tumbled Friday after delivering a disappointing sales outlook, the latest setback in a year marked by product recalls and waning consumer interest. The at-home fitness company disclosed other unwelcome news in its earnings report late Thursday, including that it’s cutting the price of its most popular bike, a move aimed at broadening its customer base but one that will also hurt its bottom line this year. Peloton also said it found a problem with the… Source link