Nasdaq, S&P and Dow Jones futures tumble as market braces for Archegos fallout – Seeking Alpha

[ad_1] Nasdaq, S&P and Dow Jones futures tumble as market braces for Archegos falloutSeeking Alpha Stock futures fall as banks slide; media stocks rebound from last week’s salesCNBC Dow Jones, Nasdaq 100 hampered by tax hike talks, Archegos block salesDailyFX Late-buying spree pushes U.S. stock indices up across the boardYahoo finance Stock futures drop after … Read more

Visa now settles USDC stablecoin payments on the Ethereum blockchain

[ad_1] Visa announced Monday that it is now settling payments in the USDC stablecoin on the Ethereum blockchain. This development means that Visa has become the first major payments network to use stablecoin as a settlement currency. Until now, Visa has settled payments in fiat currencies only. For its new USDC settlement capability, Visa is … Read more

Jeff Bezos urged Amazon executives to fight harder ahead of social media clash with lawmakers: Recode

[ad_1] Amazon.com Inc.of (NASDAQ: AMZN) The social media feud with prominent U.S. lawmakers last week was the result of senior business executives following a broad tenure by CEO Jeff Bezos, according to a Recode report. What happened: Bezos has called on company officials to vigorously fight criticism from U.S. Senators Bernie Sanders (D-Vt.) And Elizabeth … Read more

Credit Suisse and Nomura hit by losses at hedge fund Archegos Capital

[ad_1] Nomura and Credit Suisse said on Monday that profits could take “significant” hits after a client of their brokerage services defaulted on margin calls last week, disrupting Wall Street. Shares of both banks plunged on Monday, wiping billions of dollars from their market capitalization. A margin call by a broker forces a client to … Read more

Meet Boston Dynamics’ next commercial robot, Stretch

[ad_1] Stretch is a mobile box moving robot, with a strong arm and a large mobile base. The base is the same size as a pallet, so it can fit anywhere a pallet fits. Stretch’s additional arm joints allow it to reach the top of the truck. Stretch, in its compact folded fashion. After 28 … Read more

Before Easter, Amazon workers in Germany to strike for 4 days

[ad_1] Workers at six of Amazon’s facilities in Germany plan to go on strike from Sunday. What Happened: Amazon.com, Inc (NASDAQ: AMZN) Union Verdi said its employees at six Amazon sites in Germany would go on strike for four days starting Sunday night. Verdi aims to push Amazon to recognize collective agreements, Reuters reports. According … Read more

Trump’s former pandemic coordinator suggests that a successful response could have cost hundreds of thousands of lives.

[ad_1] In interviews broadcast on CNN on Sunday evening, former President Donald J. Trump’s pandemic officials confirmed in clear and unequivocal terms what was already an open secret in Washington: the response to the pandemic of administration was riddled with dysfunction, and discord, untruths and infighting were very likely costing many lives. Dr Deborah L. … Read more

Alibaba-backed Bilibili Closes On Hong Kong Business Debut

[ad_1] By Scott Murdoch and Donny Kwok HONG KONG (Reuters) – Bilibili Inc, which is backed by Alibaba Group, closed 1% below its quote price on Monday when it debuted in Hong Kong as analysts said a U.S. regulatory crackdown on Foreign listed companies had generated enthusiasm for the Chinese online video site. . It … Read more