Microsoft, which is laying off nearly 1,000 workers across multiple divisions, reports its fiscal first-quarter results after market close on Oct. 25. With fears of a recession looming, Axios and Busi...
Tag: Computing
ARK Innovation ETF Closed Below Its Covid-Era Low. Why It Might Stay There.
Cathie Wood’s flagship exchange-traded fund finally closed below its early pandemic lows on Friday, after slipping below that line in intraday trading twice this week. The $7.1 billion ARK Innovation ...
Quantum computers could ‘massively’ change computing world; What it means for Bitcoin
In today’s technological society, new advances are constantly being put forward, and innovative solutions are being developed, including the never-ending work on the creation of a quantum computer wit...
Investing in the Future of Digitization and Computing
Of course, any discussion about digitization enabled by crypto will be incomplete without what feels like the oldest use case of them all: Allowing patients to digitize their medical records to enable...
Taiwan Semi reports stronger-than-forecast profit
Third-party silicon-wafer manufacturer reported Taiwan Semiconductor Manufacturing Co. reported a stronger-than-forecast 80% increase in profit for the third quarter. The chipmaker said earnings rose ...
U.S. Suppliers Halt Operations at Top Chinese Memory Chip Maker
BEIJING–U.S. chip-equipment suppliers are pulling out staff based at China’s leading memory-chip maker and pausing business activities there, according to people familiar with the matter, as they grap...
Layoffs at Intel Could Spell a Bitter Winter for Tech. It’s Not All Bad News.
Intel looks set to be the latest tech company to announce job cuts in the face of a gloomy macro outlook—a sign that a bitter winter is coming for the sector. From a more macro perspective, there are ...
AMD Cuts Revenue Forecast Amid Worst Slump in PC Shipments in Years
Listen to article (1 minute) Advanced Micro Devices cut its revenue forecast for the most recent quarter citing weaker-than-expected demand for the personal computers that use its chips. The chip make...
These 20 stocks in the S&P 500 tumbled between 20% and 30% in September
Stocks declined again on Friday, closing out September with large losses across the board as the rally from the June lows partway through August faded into memory. The S&P 500 SPX fell 1.5% on Fri...
It’s Time to Buy Tech Again. Here Are 20 Stocks to Start With.
One cruel truth the stock market confirmed this past week is that trying to pick the bottom for technology stocks is a fool’s errand. The Nasdaq Composite’s terrible September—it was down 10.5% on the...
Can quantum computing break Bitcoin?
Let me start this piece off with a disclaimer. I don’t have a brain anywhere near big enough to come close to understanding what quantum computing is. Having said that, I am super curious as to its po...
Intel Introduces Videogame Graphics Chips to Challenge Nvidia
Sept. 27, 2022 3:02 pm ET Listen to article (2 minutes) Intel plans to start selling graphics chips for videogamers next month, aiming to get a piece of a lucrative market dominated by competitors Nvi...
Top 5 Distributed Computing Tokens below $1M Market Capitalization
Distributed Computing is just the distribution of computer data and components of an interconnected network of computers under stable communication. Distributed Computing Tokens have a total market ca...
If chip production is recovering, why are automakers still making fewer cars?
Automakers trimmed 76,000 vehicles from global production plans in mid-September, according to analysts from AutoForecast Solutions. They’ll produce about 3.23 million fewer this year than planned, th...
Oracle’s Ellison’s Compensation Topped $130 Million Last Fiscal Year
Sept. 23, 2022 8:24 pm ET Listen to article (2 minutes) Oracle top executives are again among the highest-paid at big U.S. companies, thanks to a decision last year to give them more time to earn stoc...
ETH Merge Forks, Quantum Computing, Biden Draining Oil Reserves, DOJ Targets Criminal Crypto Use — Week in Review – The Weekly Bitcoin News
With the Ethereum Merge event now successfully completed, new proof-of-work (PoW) forks have emerged to vie for miner acceptance. This, as the United States government, has warned that the post-quantu...
Alibaba Pours $1 Billion Into Cloud Computing. The Move Is Critical for Its Growth.
Text size Alibaba stock has tumbled since early 2021 amid waves of regulatory pressures. Greg Baker/AFP via Getty Images Alibaba will invest $1 billion into its cloud computing division, doubling down...
Netflix chief accounting officer gives up $2.4 million position after just 4 months on the job
Netflix Inc. is seeking a new chief accounting officer after its current one quit the role after less than four months. The streaming giant NFLX, -5.69% said in a regulatory filing Friday that Ken Bar...
Amazon, Microsoft, Google Face UK Probe Over Dominance in Cloud Computing
There are also plans to investigate digital markets including personal messaging and virtual assistants in 2023. The UK media regulator Ofcom has launched an investigation into the positions of compan...
These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year
This may surprise you: Wall Street analysts expect earnings for the S&P 500 to increase 8% during 2023, despite all the buzz about a possible recession as the Federal Reserve tightens monetary pol...