The Dow Jones Industrial Average fought back to even Monday as tech stocks rallied. Twitter (TWTR) spiked as Tesla (TSLA) CEO Elon Musk struck a deal to acquire TWTR for 54.20 a share. In contrast, th...
Tag: Tech
Elon Musk buys Twitter for $44 billion in one of the biggest tech acquisitions of all time
Tesla Billionaire and tech tycoon Elon Musk has bought social media giant Twitter in a very public bid to unlock Twitter’s extraordinary potential. Earlier today, Twitter shares halted as the world h...
Nasdaq futures are slightly lower ahead of Big Tech earnings
Nasdaq 100 futures fell slightly Monday evening after stocks bounced in the afternoon and ahead of Big Tech earnings. Futures tied to the tech focused index fell 0.1%. Dow Jones Industrial Average fut...
With tech earnings reports to roll in this week what to expect from chipmakers?
After a shaky start to the year, it’s possible that semiconductor stocks could be the focus of this week’s tech earnings reports. Signs of recovery that were shown in 2021 were short-lived as the chip...
Major tech stocks lose $2.4 trillion in market cap from their 2021 all-time highs
Recent price action in the market related to FANG (Facebook, Alphabet, Netflix, and Google) stocks indicates that it could be time to take off the rose-tinted glasses. While stock indexes have mostly...
If We All Shared Our Idle Devices We Could Kill Big Tech
Computesharing: We need to fundamentally change the way we monetize and power the internet, says Bob Miles the CEO of Salad Technologies. If you’re involved with cryptocurrency, you’ve probably heard ...
Tech Giants Face Landmark Fines Under EU’s New Content Rules
(Bloomberg) — The world’s biggest technology companies could face billions of dollars in fines for breaches of new European Union legislation after lawmakers reached an agreement on its scope ea...
Contrarian Who Called China Tech Selloff Says It’s Not Over Yet
(Bloomberg) — Manuel Muehl told investors to sell Chinese technology stocks last summer when nearly all of his peers were saying buy. Most Read from Bloomberg Nine months and about a trillion do...
How Web 3.0 apps must adapt to become next-gen of tech, explained
Unlike Web 2.0 applications, offerings built on Web 3.0 are enabling users with true data ownership. Web 2.0 brought about a major change to how the world views the internet, introducing online platfo...
Cathie Wood Watch: Ark Adds to Tech Favorites, Swaps EV Producers
Renowned investor Cathie Wood, chief executive of Ark Investment management, on Thursday continued to bulk up on some of her favorite technology stocks. She also bought shares of one major electric-ve...
Malaysian Investment Firm Makes $150 Mln Push Into Blockchain Tech
Malaysia-based investment holding company HWGC Holdings on Friday said it plans to acquire two financial technology companies to expand its push into blockchain technology. HWGC signed a memorandum of...
AI Startups Finally Getting Onboard With AI Ethics And Loving It, Including Those Newbie Autonomous Self-Driving Car Tech Firms Too
AI startups are increasingly embracing AI ethics, though this is trickier than it might seem at … [+] first glance. getty Fail fast, fail often. Whatever you are thinking, think bigger. Fake it ...
Innovative Tech Leader Is Transforming the Restaurant Industry Through the Integration of NFTs and Blockchain » NullTX
It would be easy to mistake Jonathan Almanzar for a restaurateur. After all, he is the co-founder of Chick’nCone, a successful restaurant chain with dozens of locations worldwide. However, Jonathan wo...
Is Facebook the next tech stock to get routed like Netflix?
Meta’s stock (FB) remains a dog with fleas, especially going into the company’s April 27 Q1 2022 earnings report. That is the hot take from veteran tech analyst Mark Mahaney at EvercoreISI...
Bitcoin: A new kind of ‘low’ after BTC’s correlation with tech stock hits fever pitch
After days of clinging to the $40k mark for dear life, it appears that Bitcoin is finally making a recovery. As if on cue, most of the top 30 cryptos also found their way into greener pastures. At pre...
Bitcoin’s 30-Day Correlation to Tech Stocks Reaches July 2020 Highs
Bitcoin’s 30-day correlation with tech stocks has climbed to its highest point since Jul 2020, and its correlation to the S&P 500 is also at high levels. This may pose a problem for the crypto mar...
Crypto Holds Steady as Tech Stocks Sink
Key Takeaways Netflix fell 37% today on news that it lost subscribers for the first time in a decade, alongside other tech stock dips. Crypto, on the other hand, has remained flat alongside stock loss...
Dow Jones Jumps 400 Points, Led by Surging J&J Stock; Tech Stock Gives Rare Buy Signal
The stock market held strong gains in afternoon trading Tuesday. Several stocks in the Dow Jones today were up 3% or more today, including Johnson & Johnson (JNJ), which reported strong earnings. ...
CEO bonuses at the top 10 tech giants soared 400% amid the pandemic
Although the coronavirus pandemic negatively altered most employees’ payment and compensation structure, it is not a similar case for executives serving at top tech companies. The executives have take...
TECH WEEK is the largest tech business conference in Russia and Eastern Europe
TECH WEEK is the largest tech business conference in Russia and Eastern Europe. 250 speakers and 100 exhibitors from such companies as ER-Telecom Holding, YouDo, Samokat, Yandex Cloud, VK, Roistat, Ne...