In recent months, and more incisively in the last week, the Nasdaq tech index has suffered a humility cold shower by seeing billions burn. After the crypto sector, the tech stock index also collapses:...
Tag: Tech
The Tech Selloff Is Ugly. But the 2000 and 2008 Crashes Were Far Worse.
Text size The Nasdaq Composite is down 27% from its peak. Michael Nagle/Bloomberg Technology stocks were some of the biggest victims amid the recent market rout. But they still have a long way to go t...
Jim Cramer Says It’s Time to Buy the Dip in Profitable Tech Stocks; Here Are 2 Names Analysts Like
Markets have well and truly changed direction from last year’s bullish trends. The downward shift has brought us a major selloff, and declines of 27% and more in the tech-heavy NASDAQ index. For inves...
Dow Falls 300 Points As Red-Hot Inflation Report And Sinking Tech Stocks Drag Markets Lower
Topline The stock finished lower yet again on Wednesday after consumer prices came in higher than expected, and although experts think inflation may have peaked, the Federal Reserve may still need to ...
The Aussie Tech Billionaire Who Bet Big Against Coal, Making Enemies At Home And Admirers In The U.S.
AGL plans to keep its Loy Yang coal plant, pictured above, in Victoria, Australia, running until 2032. Photo by Carla Gottgens/Bloomberg Wearing blue jeans and a black pair of R.M. Williams boots, wit...
TZ APAC And NUS Computing Partner Up To Build A Strong Pipeline Of Tech Innovators
Advertisement     TZ APAC, a leading Asia-based blockchain company supporting the Tezos ecosystem is excited to announce its partnership with the National University o...
Market is signaling to buy beaten-down, profitable tech names
CNBC’s Jim Cramer on Tuesday stressed the importance of changing market strategies when the market shifts, saying right now the market says to buy beaten-down tech growth names. “Many tech...
Europe: new rules on big tech coming soon
In Europe, the implementation of the Digital Markets Act (DMA) for big tech slips to spring 2023. New DMA for big tech in Europe expected in 2023 The new legal provisions on the big tech sector are aw...
Tech Stocks in Their Lows, Losing Over $1T Since Federal Reserve Raised Interest Rates
Speaking at a news conference, Powell noted that the Federal Reserve understands the “hardship” inflation is causing and how it is affecting tech and other stocks. Stocks at large, especially tech sto...
Cathie Wood: The ARK Founder Indicates The End Of Bear Market, Bullish About Blockchain Tech
Cathie Wood recently expressed her optimistic views about the crypto industry in a new video update. Bitcoin (BTC) dropping along with the stock market is a temporary phenomenon, highlights the ...
Tech companies are slowing hiring or announcing layoffs. Is this the beginning of a cooler job market?
The tech industry’s hiring boom seems to be slowing down. The sector proved to be impressively resilient during the pandemic, posting better growth and results than most other sectors. But that appear...
NUS Computing Joins Forces with TZ APAC to Develop Singapore’s Next Generation of Tech Innovators
SINGAPORE, SG, 10th May, 2022, Today, TZ APAC, the leading Asia-based blockchain adoption entity supporting the Tezos ecosystem, announced a partnership with the National University of Singapore Schoo...
SEC Fines Tech Giant Nvidia for Alleged ‘Inadequate Disclosures’ on Impact of Crypto Mining on Revenue
The U.S. Securities and Exchange Commission (SEC) is fining tech giant Nvidia for inadequately disclosing how much crypto mining directly impacted the company’s revenue stream. According to a recent s...
CTO of tech used in Bitcoin-Qt wallet thinks crypto is a “Ponzi scheme”
The CTO of the popular programming framework Qt — which tech giants like Adobe use, Tesla, Blackberry, Google, and Blizzard — called cryptocurrency a “Ponzi scheme” on May 6. However, the company has ...
‘African Fintechs Have a Greater Scale Potential Than Other Tech Startups’ – Interview Bitcoin News
The African fintech industry has grown rapidly over the past few years and this has caught the attention of some well-resourced venture capital (VC) firms. As one would expect, Nigerian fintech startu...
Google Set Up A Web3 Team: As It Sees Great Potential For Crypto Tech Support
Google is in the works to create a team as it focuses on Web3 and blockchain technology. Several customers ask them to increase their Web3 and crypto-related tech support, highlighted the Vice P...
Google Forms Web3 Team — Sees Tremendous Potential, Demand for Crypto Tech Support – Featured Bitcoin News
Google is establishing a Web3 team within its cloud unit, noting that “it is a market that is already demonstrating tremendous potential.” A Google executive explained: “We’re providing technologies f...
Peter Schiff says overpriced tech stocks are ‘going to collapse’ as air comes out of that bubble — here are the top 5 investments he’s making instead
Peter Schiff says overpriced tech stocks are ‘going to collapse’ as air comes out of that bubble — here are the top 5 investments he’s making instead 2022 has delivered a blunt reality check to invest...
Miami Tech Spring: TokenSociety Offers Curated NFT Experiences to Rival Bitcoin Miami
Miami, Florida, 7th May, 2022, Chainwire “The Gay Aliens Society x Trippy Labs series of highly curated fNFT collectors events surpassed expectations as some of the biggest names in Web3 attended the...
Paul Meeks: ‘I wouldn’t go all in tech, but I’d go some in tech now’
It wouldn’t hurt for investors to selectively switch back to the tech stocks now, says ISWM’s Pail Meeks. The tech-heavy Nasdaq Composite is down 22% for the year at present. Tech names he...
Dow Jones Plunges; Tesla Dives On This Elon Musk Twitter Move; Apple, Microsoft Fall As Tech Tumbles
The Dow Jones plunged as the stock market got crushed. Tesla (TSLA) took a dive amid reports Elon Musk could become temporary CEO of Twitter (TWTR) if he completes his takeover. Apple (AAPL) and Micro...
This trader predicted the bond meltdown, tech selloff and oil’s surge. Here’s what she says is coming next.
Fade the Fed anyone? Stocks are headed south, following a big Wall Street rally stemming from perceptions Federal Reserve Chair Jerome Powell and co. may be less hawkish than markets think. A short-li...
Dow Plunges 1,100 Points, Tech Shares Crater As Stocks Erase Gains From Post-Fed Rally
Topline The stock market moved sharply lower on Thursday, reversing all of its gains from the previous session when the Federal Reserve raised interest rates by a half-percentage point, as volatility ...
Soft-FX’s All-in-one Crypto Exchange Solution Allows Businesses to Explore a Full-Fledged White Label Tech Model
Following several years of development and market research, Soft-FX, a global provider of digital trading software, rolls out an upgraded version of their solution that provides a technological framew...
The Perspektywy Women in Tech Summit June 7-8 Warsaw
The biggest event for women in technology in Europe is returning to Warsaw and to the offline formula. The capital city will once again become the place for discussion about the newest technologies, t...
Powell Gives Tech a Lift by Taking Larger Hikes off the Table
(Bloomberg) — The Federal Reserve gave a much needed shot in the arm of technology stocks on Wednesday by ruling out an more aggressive rate hike path and reassuring the U.S. economy remains str...
Jack Ma ‘Arrest’ and SEC’s DiDi Investigation Whack China Tech Stocks
Mainland traders will have a nasty shock on their hands when they return to their computer screens on Thursday after a long holiday. The Hong Kong market saw heavy selling here on Wednesday in Chinese...
Here’s how China’s tech giants are banking on NFTs frenzy despite crypto ban
Non-fungible tokens (NFTs) were the subject of a warning from a collection of Chinese industry associations in the middle of April, cautioning of the possible financial hazards associated with them. A...