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Tag: Tech
Inflation in Canada and US, Russia’s Crumbling Economy, and Tech Stocks Underperforming in China – crypto.news
Inflation fears continue to rise in the US as stocks fall sharply, losing earnings, and growth stagnates. This is the most significant daily drop in US stocks in over two years. Bloomberg noted that i...
Alibaba Leads Chinese Tech Stocks Into Another Slump. Why More Pain Could Come.
Text size Alibaba stock is down almost 30% this year. Greg Baker/AFP via Getty Images Chinese tech stocks can’t catch a break. Overseas markets have followed Wall Street lower on Thursday after the ug...
Crypto job market holding up despite tech industry cutbacks
Crypto-specialist recruiters say they have not witnessed a downturn in crypto-related job opportunities Major tech companies have announced a paring back of staff Coinbase is slowing down its hiring T...
Future of Finance and Tech throughout the Davos Week
Place/Date: Davos, Switzerland – May 18th, 2022 at 7:50 pm UTC · 4 min read Source: EmTech Invest Hub The EmTech Invest Hub is back to Davos, Switzerland, May 21-26, 2022 with the series of the ...
CryptoDaily’s Tech Roundup with Adryenn Ashley
CryptoDaily’s Adryenn Ashley rounds up the top 5 in crypto tech news this week Featuring; FLOW launches $725 million ecosystem fund to drive innovation across the FLOW Ecosystem LifeLegacy Launches ...
Tech layoffs and hiring freezes increase as cheap money shrinks
The job market in the tech industry is starting to show some cracks. On Tuesday, streaming giant Netflix (NFLX) confirmed it is laying off 150 workers amid slowing demand. That same day, e-commerce gi...
Mark Mahaney reveals the ‘most insulated’ big cap tech stock
One of the mega-cap technology names continue to be attractive in the face of the current challenging operating environment, says the head of internet research at Evercore ISI. Mark Mahaney’s remarks ...
Tech Mogul Jack Dorsey Doubles Down on Bitcoin, Says BTC a Global Standard for Money Transmission: Report
Former Twitter CEO Jack Dorsey is standing firm on his belief in leading crypto asset Bitcoin (BTC), saying that it will eventually be the global standard for money transmission and the native currenc...
Crypto tech platform Fireblocks unveils new ‘Web3 Engine’ with suite of developer tools » CryptoNinjas
Fireblocks, a blockchain infrastructure & crypto tech provider, announced today the launch of a new, dedicated ‘Web3 Engine’ with a suite of tools for developers to build DeFi, GameFi, and NFT pro...
J.P. Morgan Says Buy Tencent and Alibaba. Why They’re Now Positive on Chinese Tech Stocks.
Text size Regulatory change had come sooner than the analysts had anticipated. Greg Baker/AFP via Getty Images Tencent Holdings and Alibaba Group saw their stock jump Tuesday after catching an upgrade...
‘It’s so horrible that I want to buy it’ — Jim Cramer likes these 2 beaten-down tech names that are still posting white-hot revenue growth
‘It’s so horrible that I want to buy it’ — Jim Cramer likes these 2 beaten-down tech names that are still posting white-hot revenue growth The market doesn’t seem able to find a bottom. The S&P 50...
SecureKloud announces next-gen tech to drive businesses’ digital transformation
SecureKloud Technologies, an IT and cloud service firm that counts AWS and Google among its top partners, has launched four next-generation platforms to help drive digital transformation. The firm, wh...
From Foot-Stomping Grapes To Robots, Clos De La Tech Winery Embraces New And Ancient Technology
Clos de La Tech Pinot Noir Vineyard in Santa Cruz Mountains with Pacific Ocean in Distance Thach In the 1990’s, T.J. Rodgers visited the tiny village of Vosne-Romanée in France and fell in love with t...
Takeprofit Tech Names Diana Peip as Sales Director
Takeprofit Tech, one of the fastest-growing fintech providers, today announced that it has promoted Diana Peip to the position of Sales Director. Peip, who has been working at Takeprofit Tech for more...
Michael ‘Big Short’ Burry Shorts Apple
Infamous investor Michael Burry of “The Big Short” has bet against Apple ( (AAPL) – Get Apple Inc. Report), according to a SEC filing. During the first quarter, Burry, a hedge fund i...
Warren Buffett Buys Stocks On the Dip
Billionaire Warren Buffet has been acquiring stocks on the dip during the recent market downturn and bulking up his stakes in oil companies such as Occidental ( (OXY) – Get Occidental Petroleum ...
What’s happening to tech stocks is ‘kind of unheard of’ — and ‘we are not done,’ analyst says
The brutal rout in tech stocks has rattled even the most veteran of industry followers, who warned that the selling pressure may still get worse. “Right now we are seeing [tech] stocks trade at ...
Taiwan Covid Cases Hit A Daily Record 68,732; Computex Tech Fair Affirms In-Person Return
People wear face masks to help protect against the spread of the coronavirus in Taipei on April 28. … [+] (AP Photo/Chiang Ying-ying) ASSOCIATED PRESS Taiwan, home to many of the world’s largest...
A tech stock bubble just like 2000 has burst, longtime tech CEO says
Longtime tech exec Patrick Spence knows a market cycle when he sees it. And what he sees right now in the form of plunging values for tech stocks is something reminiscent of the tech bubble of 2000, w...
Is it the end of the FAANG era? Why the market has turned against tech stocks
It’s been a brutal start to the year for stock market investors. In fact, the S&P 500 is off to its worst start since 1939, falling over 16% year-to-date. And the once high-flying tech sector is f...
2 Tech Stocks That Now Look Impossibly Cheap
Text size Memory chips from Micron Technology are increasingly vital in the cloud, as well as in the automotive, industrial, and networking markets. Jeremy Erickson/Bloomberg Historically, companies l...
African Media Agency Establishes Crypto Partnership with Tech Next
Leading African PR firm African Media Agency is forming a partnership with Tech Next, a tech-based media enterprise that seeks to educate its readers on digital currency and blockchain trends. African...
3 tech stocks to keep on your watchlist in a volatile market
For quite some time, mega-tech and growth stocks led the markets, indexes, and perhaps even most retail portfolios. Headwinds in 2022 managed to push the Nasdaq into correction territory and numerous ...
CryptoDaily’s Tech Roundup with Adreynn Ashley
I’m Adryenn Ashley for CryptoDaily and here are this week’s top 5 tech announcements in the crypto space for this week. Ledger and OnChainMonkey launch The first NFT-branded Nano X hardware wall...