The U.S. Federal Reserve could raise interest rates by as much as 75 basis points on Wednesday. Still, the President of EMJ Capital says now is the time to go shopping for the “profitless”...
Tag: Tech
Elon Musk Is No Longer a $200 Billion Man
Recession fears affect almost everyone. Even the richest man in the world, who has just left the most select club on the planet. Elon Musk, the CEO of electric vehicle manufacturer Tesla (TSLA) R...
Roadside Suction Vent Touted As Anti-Pollution Tech That Could Prevent Motor Vehicle Bans
Roadvent in action. Roadvent Roadside pollution suction technology could be a “viable alternative to banning [motor] traffic,” says a public health expert. Frank Kelly, the Battcock Chair in Community...
Cloud Sector Boom Accelerated By Digital Transformation
The rise of cloud computing has been one of the dominant trends shaping technology over the past decade. Enterprises have overcome initial concerns over security, regulation and cost to embrace the ou...
Ark Invest CEO Cathie Wood’s Net Worth Slashed By 65% As Tech Bets Sour In 2022
Ark’s flagship ETF is crashing but Wood is doubling down, increasing her stake in her firm and betting on tech outfits like Tesla, Zoom and Coinbase to eventually rebound. Cathie Wood became a cult he...
Richard Branson Targets Tech Firms Hosting Fraudulent Crypto Ads
British tycoon Sir Richard Branson, a known bitcoin advocate, targets tech firms publishing fraudulent crypto schemes using his name. The founder of the Virgin Group, which controls over 400 companies...
3 Beaten Down Stocks to Buy Now
People treat stocks differently than they do any other kind of purchase. Nobody walks into a Best Buy and sees the 65-inch television they always wanted on sale at 50% off and questions the intrinsic ...
If You Thought the Tech Rout Was Bad, Spare a Dime for Retailers
(Bloomberg) — For all that the slump in technology stocks has headlined a treacherous year for global equity markets, there’s one sector that’s faring even worse. Most Read from Bloomberg The MS...
Avoid ‘bogus’ tech companies that should’ve never gone public
CNBC’s Jim Cramer said Friday that several tech firms that went public in recent years are beginning to realize their missteps, and he warned investors to take their dollars elsewhere. “Th...
Tech CEOs tell me they’re sick of spoiled Silicon Valley employees
CNBC’s Jim Cramer on Thursday said that he expects a “tech exodus” from California in the future, with one of the drivers being tech leaders’ dissatisfaction with their employe...
Latest Tech Trends in Crypto Market
The metaverse is inarguably one of the hottest topics on the crypto tech scene today. Getting well acquainted with the latest tech trends in the crypto industry is most likely the big cheese step to g...
3 Tech Stocks These Tiger Cubs Agree On
Summary The two investors are known for their focus on tech. They both had positions in MicrosoftMSFT , UberUBER and ServiceNowNOW as of the first quarter. Legendary investor Julian Robertson (Trades,...
China’s Securities Regulator Denies Conducting Review Of Ant Group’s IPO
The Ant Group and Alibaba Group logos are displayed behind a reception desk at the company’s headquarters in Hangzhou, China. Qilai Shen/Bloomberg China’s securities regulator said that it isn’t...
Tech Giant PayPal Beefs Up Support for Bitcoin (BTC), Ethereum (ETH) and Two More Crypto Assets
PayPal now allows select users to transfer Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) directly between the platform and external crypto addresses. In a new statement, Jose Fe...
Euronext launches Euronext Tech Leaders
Euronext, the company that manages the stock markets in Amsterdam and Paris and which from 2021 has also expanded to Milan, is launching a basket of technology stocks called Euronext Tech Leaders, a n...
What stocks should I buy now if we’re nearing a market bottom? Evercore likes these 3 hyper-growth tech plays to provide an ‘additional boost’ in a comeback rally
What stocks should I buy now if we’re nearing a market bottom? Evercore likes these 3 hyper-growth tech plays to provide an ‘additional boost’ in a comeback rally Despite all three m...
Apple To Take On Affirm And Klarna With Entry Into Buy Now Pay Later
Getty Images Key Takeaways Apple held its WWDC keynote on Monday, announcing iOS 16, the new M2 chip and multiple other new features and technology They also announced a foray into the Buy Now Pay Lat...
Cramer greenlights tech stocks, says Target news suggests inflation is peaking
CNBC’s Jim Cramer on Tuesday gave investors his blessing to consider purchasing beaten-down tech stocks after Target‘s latest quarter indicated good news for the Federal Reserve‘s fi...
S&P 500: This Beat-Up Mega Tech Stock Is Your Best Bet, Analysts Say
Falling big-cap tech and tech-related stocks are a big reason the S&P 500 is struggling this year. But analysts have their favorite if you’re looking to play a rebound. X Analysts who follow...
U.K. government puts focus on crypto tech to optimize market activities
As part of its effort to become a global “crypto hub,” the United Kingdom is set to begin live testing blockchain technology for traditional market activities such as trading and settlement of stocks ...
Citigroup Goes on Hiring Spree Amid Layoffs in Tech and Crypto Industries
Citigroup has announced its intention to hire 4,000 new staff reversing the trend of layoffs in the industry. The company noted that the move was made to keep up with the digital demands of institutio...
End Of Evaluations Overflow Era? A Unique Method For Investors To Determine Startup Value
The relatively new generation of entrepreneurs has probably only known the “easy money” era, a time that has also made investors more competitive, less meticulous in their decision-making ...
Coinbase Shifts To Kubernetes To Scale Its Tech Stack
Coinbase is introducing a key change to its tech stack, one that would likely affect the exchange’s overall stability. Earlier today, Coinbase has announced that it will be moving its container ...
Crypto and Tech Stocks Vulnerable to Quantitative Tightening Says Survey
Crypto, along with tech stocks, stand out as particularly vulnerable to quantitative tightening, according to a recent survey. As part of its bid to raise interest rates amid surging inflation, the Fe...
IBC Group, NFT Tech, and Faith Tribe to Launch Fashion-Focused Launchpad
Venhuizen, Netherlands, 6th June, 2022, Chainwire Web3 and Crypto incubators NFT Tech (NEO: NFT) and IBC Group have partnered with the open-source fashion design platform, Faith Tribe, to launch Fashi...
Tech and Crypto in Peril as Fed Ends Liquidity Binge: Bloomberg Markets Survey
(Bloomberg) — The speculative darlings of the easy-money era — technology stocks and cryptocurrencies — are acutely vulnerable now that the Federal Reserve is shrinking its nearly $9...
Opinion: As tech melts down, a truth remains: Semiconductors are eating the world
Everyone’s favorite trade in the stock market, technology, has gone the way of the dodo. Oil and value stocks are all the rage. But one part of technology — semiconductors — is vital not only to the t...