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Tag: Tech
Financier Chanos Sees Golden Opportunity For Amazon, Microsoft, Google
Microsoft (MSFT) – Get Microsoft Corporation Report, Alphabet GOOGL, parent company of Google, and Amazon (AMZN) – Get Amazon.com Inc. Report are respectively the third, fourth and fifth...
AMD Victim of a Bad Blow at a Very Bad Time
The list of difficulties for Advanced Micro Devices (AMD) (AMD) – Get Advanced Micro Devices Inc. Report goes on. And it must be said that the semiconductor manufacturer did not need that. In...
Bitcoin sees sharp decline in correlation with tech equities, Kaiko says
The correlation between Bitcoin (BTC) and Nasdaq 100 reduced this month after reaching a record of .8 last month, according to a new Kaiko report. While Nasdaq closed the week on a positive note of ov...
Blockchain Tech Bridges The Gap In Funding Needs For Environmental Projects
– Advertisement – The digital asset space has been dominated by negative press recently and its lack of ‘utility’ has been at the forefront of some of this criticism. Warren Buffet recentl...
Tencent Leads China Tech Losses as Major Backer Plans to Cut Its Stake
(Bloomberg) — Chinese technology stocks fell as a plan by Tencent Holdings Ltd.’s major backer to further cut its stake in the company fueled concerns more investors may look to take profits fol...
One of China’s Top Tech Investors Sees Crackdown Turning Point
(Bloomberg) — The founder of one of China’s biggest private equity investors said the nation’s tech firms are turning a corner after a recent rout wiped out nearly $2 trillion in market value at...
Tech sentiment ‘feels pretty awful, which is a great sign’: Analyst
The brutal 2022 for stocks amid rising interest rates and soaring inflation has been particularly rough for technology-based growth stocks, and that could be an opportunity for longer term investors. ...
Ferragamo’s New Experiential Retail Playbook Draws On User Generated NFTs And 3D Hologram Tech
NFT creator and minting booth at the Salvatore Ferragamo Greene Street Concept Store in Soho New … [+] York. Shane Drummond/BFA.com Salvatore Ferragamo has opened a 2600 square foot concept stor...
Ontario Tech Firm Plans Car Use Reduction By Gifting $3,500 E-Bikes To 54 Staffers
Tern HSD e-cargo bike. Mobility Holdings Inc Fifty staff of London, Ontario, digital agency Northern Commerce will be presented with $3,500 e-bikes at a presentation on Sunday, June 26. Only one of th...
GogoX, Hong Kong’s First Tech Unicorn Startup, Slumps In Trading Debut
Cofounders Reeve Kwan, Nick Tang and Steven Lam of GoGoVan pose in Kwun Tong. PAUL YEUNG/South China Morning Post via Getty Images Six months after Hong Kong saw its first tech unicorn IPO, another te...
China’s Tech Giants Lost Their Swagger and May Never Get It Back
(Bloomberg) — On trading floors in New York and Hong Kong, the brightening mood toward Chinese technology companies is unmistakable: With stocks like Alibaba Group Holding Ltd. and Tencent Holdi...
CEO Gloom Opens Pathway To Tech Stock Resurgence
Most corporate leaders now expect a recession as soon as next year. Getty Images Most corporate leaders now expect a recession as soon as next year. This is what it means for investors. A survey relea...
JPMorgan China Fund Ramps Up Bets on Tech as Bullish Calls Grow
(Bloomberg) — JPMorgan Asset Management is doubling down on China tech stocks after enduring a tumultuous selloff, betting that an easing of regulatory crackdowns and attractive valuations will ...
Taiwan’s Momentum As Tech Hub “Waning,” AmCham Taiwan Says
Taiwan in the past three decades has turned itself into one of the world’s most important production … [+] centers for semiconductors. (Photo credit should read TAO-CHUAN YEH/AFP via Getty...
Jeff Kilburg makes a case for owning tech stocks
Now is the time to selectively add high-quality, beaten down tech stocks to your investment portfolio, says Jeff Kilburg. He’s the Chief Investment Officer at Sanctuary Wealth. Why does Kilburg ...
What investors in tech stocks should do now, according to a portfolio manager
It’s been a very painful few months for holders of tech stocks, and that means one should be actively thinking through an action plan o what do if once-hot momentum names in a portfolio are down...
Here’s Where Investors Took Cover in Miserable Week for Tech Stocks
(Bloomberg) — It’s been an ugly week for tech stocks. But it turns out that investors who stuck with the likes of Oracle Corp. and Cisco Systems Inc. — cash generating, dividend-paying com...
Stock Market Today: The Dow Edged Higher, While Tech Stocks Rallied
Text size A trader works on the floor of the New York Stock Exchange. Spencer Platt/Getty Images The stock market largely gained on Friday, closing out a volatile week of trading. Stability in the bon...
$9 Billion For Climate Tech Startups, Tesla’s Tough Quarter And Flooding In Yellowstone
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. More than $2.5 billion in the first quart...
Employee quits after red flags at first crypto job, stays in blockchain for the tech
Crypto startups have a significant role to play in the development of the entire blockchain industry. However, while many business owners have big ideas that aim to change the world, some fail to inve...
Chinese Education Tycoon Regains Billionaire Status By Pivoting To Livestreamed Sales
Yu Minhong, founder and chairman of New Oriental Education & Technology Group Inc. (Photo by Visual … [+] China Group via Getty Images/Visual China Group via Getty Images) Visual China Group...
Why beaten-down tech stocks could lead the next rally
Stocks are getting slammed after Federal Reserve raised interest rates by 0.75% on Wednesday, the most since 1994. With the S&P 500 in a bear market and the Nasdaq down 30% this year, it might see...
Orlando Bravo warns there’s ‘more pain to come’ for the tech sector
Private equity boss Orlando Bravo has a somber warning for the technology industry. “I think there’s more pain to come,” Bravo, founder of buyout firm Thoma Bravo, told CNBC’s ...