Bloomberg

Google Labs Starts Up A Blockchain Division

Enlarge (credit: Sean Gallup | Getty Images) Here's a fun new report from Bloomberg: Google is forming a blockchain division. The news comes hot on the heels of a Bloomberg report from yesterday that quoted Google's president of...
Related topics: Google, Blockchain, Gallup

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Grantham's Super Bubble Leading To Doomsday Forgets The Fed Put

Grantham's Super Bubble Leading To Doomsday Forgets The Fed Put By Ven Ram, Bloomberg markets live cross-asset strategist It’s not quite the message you would perhaps like to hear going into a Friday, but picture this: an adrenaline...
Related topics: Fed

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Its The Estimates, Not The Earnings, That Are Wrong

Barry Ritholtz, Bloomberg Opinion Columnist and Ritholtz Wealth Management Chairman and CIO says we’ve had an amazing run on the S&P in the past decade. He speaks on “Bloomberg Surveillance”.   Amazing Run in Past Decade,...

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Nikel Etn (jjn) Hits New 52-week High

Investors seeking momentum may have iPath Series B Bloomberg Nickel Subindex Total Return ETN JJN on radar now. The fund recently hit a new 52-week high. Shares of JJN are up approximately 53% from their 52-week low of $20.71/share.But could there...

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Secretive Hedge Fund Renaissance Technologies' Reportedly Sees $15 Billion In Outflows Despite...

Jim Simons.AP Images / Jason DecrowRenaissance Technologies has seen almost $15 billion in outflows over the past 14 months, according to a Bloomberg report.The investors' redemptions come even as the hedge fund delivered double-digit returns...
Related topics: Hedge Funds

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The Inventor Of Playstation Thinks The Metaverse Is Pointless

Inventor of the PlayStation Ken Kutaragi, pictured here in 2005, holds up a PlayStation 3.REUTERS/Fred Prouser FSP/HK PlayStation inventor Ken Kutaragi told Bloomberg he's not impressed by the metaverse. "I can't see the point of doing...
Related topics: Playstation, Reuters

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Crypto.com Loses $34 Million In Hack That Affected 483 Accounts

In an interview with Bloomberg TV, Crypto.com's Chief Executive Kris Marszalek has admitted that 400 customer accounts were compromised by hackers. He said his team detected unauthorized transactions made from the accounts, but that they'd...
Related topics: Hackers, Computer Security

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Modeling Vladimir Putin

That is the subject of my latest Bloomberg column, here is one excerpt: Economists typically define rationality as the effective use of means to achieve ends — spending your money for maximum enjoyment, for example. That is fine for some...
Related topics: Vladimir Putin

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A Technical Sell-signal With A 100% Hit-rate For Dip-buyers Just Triggered

A Technical Sell-Signal With A 100% Hit-Rate For Dip-Buyers Just Triggered By Mark Cudmore, Bloomberg Markets Live commentator and analyst It’s crunch time for the buy-the-dip crowd. The S&P 500 is threatening to close below its...

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Xbox Reportedly Won’t Make Every Activision Blizzard Game Exclusive Following Acquisition

In an interview with Bloomberg, the freshly ordained CEO of Microsoft Gaming, Phil Spencer, revealed that Xbox won’t be making every Activision Blizzard title an exclusive, no matter how tempting that might be.  “I’ll just say to players out...
Related topics: Xbox, Microsoft

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The People Who Played "call Of Duty" In Real Life Are Getting Worried

The People Who Played "Call Of Duty" In Real Life Are Getting Worried By Michael Every of Rabobank Call of Duty; Duty of Care I didn’t want to focus on Russia-Ukraine again today. However, when Bloomberg thinks Microsoft buying...
Related topics: Michael Bloomberg, Russia, Ukraine, Microsoft (MSFT)

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Covid-infected Hamsters In Pet Shop Trigger Animal Cull In Hong Kong

Enlarge / Workers with Hong Kong's Agriculture, Fisheries and Conservation Department inspect the Little Boss pet store in Hong Kong, China, on Tuesday, January 18, 2022. (credit: Getty | Bloomberg) Authorities in Hong Kong are planning to...
Related topics: Hong Kong, China

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Joe Biden Calls Early Lid After Spending Long Weekend In Delaware

Joe Biden called an early travel-photo lid on Tuesday after taking a long weekend vacation. “Biden won’t be leaving the grounds today and reporters won’t be seeing him today,” a Bloomberg White House reporter said. The White...
Related topics: Joe Biden, Usa Photos, White House

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Bonds, Stocks, & Bitcoin Battered As "rage-hike" Fears Grow

Bonds, Stocks, & Bitcoin Battered As "Rage-Hike" Fears Grow Today saw both bonds and stocks battered, creating the biggest daily aggregate loss (10Y TSY Px plus S&P 500) since March 2021... Source: Bloomberg In fact, a combined...
Related topics: Bitcoin

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Paypal Nearing Launch Of Stablecoin

As reported on BNN Bloomberg, PayPal is approaching the launch of its stablecoin. This, as the company is reported to be developing the technology to deliver more payment options for its platform. Launch of PayPal Stablecoin According to Bloomberg,...

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10 Tuesday Am Reads

My Two-for-Tuesday morning train WFH reads: • Want a 19% Pay Boost? Get a New Job City hiring is bouncing back from Covid, recruiter says Number of jobs available in 2021 now same as in 2019 (Bloomberg) see also As Employers Scramble to Fill Jobs,...

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Banks The New Favorites For Europe Equities Bulls

Banks The New Favorites For Europe Equities Bulls By Bloomberg Markets Live analysts and commentators, Jan-Patrick Barnert and Michael Msika After a dismal decade, European banking stocks are finally on a tear, and bulls say the...
Related topics: Banking, Michael Bloomberg

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Report: Apple’s First Ar/vr Headset Faces Delays

Enlarge / The "Sword of Damocles" head-mounted display, the original augmented reality headset, circa 1968. (credit: Ivan Sutherland) Apple may delay the launch of its first mixed reality headset, according to Bloomberg. Multiple sources...
Related topics: Apple

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Americans Will Drive Less And Make Fewer Shopping Trips In 2022 Because Of Pricey Gasoline And...

Target CEO Brian Cornell said Americans will make fewer shopping trips this year, Bloomberg reported.QualityHD/Shutterstock Target CEO Brian Cornell said Americans will make fewer shopping trips in 2022, Bloomberg reported. Shoppers are likely to...

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Bitcoin Is Losing Its Dominance Over Other Cryptocurrencies In Payments To Merchants, Crypto...

Blue bitcoinYuichiro Chino Bitcoin's leaderboard position in crypto payments to merchants is falling, according to BitPay. Bitcoin use at merchants that use BitPay fell to 65% in 2021 from 92% in 2020, the company told Bloomberg. Ether and...
Related topics: Bitcoin

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