Step aside Apple and Google, Nvidia may be the new king of tech, one analyst contends. “Nvidia may be the most important technology company today,” said Evercore ISI analyst C.J. Muse in a...
Tag: Tech
Nvidia and Intel Further Sources for the Tech Rally
Chip makers led a big tech rally catapulting the Nasdaq 100 futures to its six-week high above 14,800 points. As observers of financial market news that the demand is based on giant cap stocks like Ap...
Fresh Selloff in China Tech Stocks Sparked by Earnings Worries
(Bloomberg) — Chinese tech stocks slumped Friday amid continued concern about the sector’s earnings and the risk of local firms being kicked off American exchanges. Most Read from Bloomberg The ...
Bird Brings Connected Automotive Tech To Ebikes Making Them Even More Desirable
The rise in popularity of ebikes has been as large, if not larger than that of EVs. Thanks to the pandemic, lots of people have wanted to explore forms of commuting that were less likely to place them...
Why Nvidia’s CEO sees auto chips and tech as the company’s next big business
Nvidia introduced a new version of its autonomous-driving platform at its GTC developers conference this week. Automotive is a small segment of the company’s business. But it’s getting a lot of attent...
5 Tech Stocks David Einhorn Favors
Summary The tech sector has not performed well so far this year. Despite being known for his short positions in Tesla Inc. (TSLA, Financial) and Netflix Inc. (NFLX, Financial), Greenlight Capital lead...
Cramer Called This $10 Billion Retailer a ‘Nothing Company’
GameStop (GME) – Get GameStop Corp. Class A Report has an enemy in Jim Cramer, who has been arguing with the r/WallStreetBets community over their seemingly endless alliance to the company. The...
The United States Won the Web 2.0 Tech Race – But What About Web 3.0?
HodlX Guest Post Submit Your Post The US Securities Act and the singing telegram – what do these two things have in common? They both came to be in 1933, nearly a century ago. The US Securities Act...
Ark’s Cathie Wood Doesn’t Think Zoom is a ‘Pandemic’ Stock
Ark Investing CEO Cathie Wood seemingly went from never being wrong to never being right during the span of the pandemic. Her company invested in a lot of stocks that flew high during the early days o...
Huobi Tech launches OTC Trading in Cryptocurrencies
Huobi Technology, Hong Kong-listed virtual asset platform, has launched an Over the counter (OTC) service for the asset class. This virtual assets OTC trading service further enriches their line...
Billionaire Pony Ma Vows Long-Term Growth For Tencent Amid China Tech Crackdown
Ma Huateng, chairman of Tencent Holdings Ltd.(Photo by Justin Chin/Bloomberg) © 2019 Bloomberg Finance LP Pony Ma, the billionaire co-founder of Chinese web giant Tencent, has vowed to reposition his ...
Will Taiwan chip engineers be key to success in the race for tech supremacy?
The US and China may soon be locked in a recruitment battle for Taiwanese semiconductor talent as the two superpowers accelerate plans to ramp up domestic chip capacity, according to analysts and indu...
Gamestop Beta NFT Marketplace Launches, Platform Leverages Loopring’s ZK-Rollup Tech – Coinotizia
On Wednesday, the head of growth at Loopring, Adam Browman, announced that the recently teased Gamestop NFT marketplace has launched its beta version using Loopring’s layer two (L2) technology. Browma...
Gamestop Beta NFT Marketplace Launches, Platform Leverages Loopring’s ZK-Rollup Tech – Bitcoin News
On Wednesday, the head of growth at Loopring, Adam Browman, announced that the recently teased Gamestop NFT marketplace has launched its beta version using Loopring’s layer two (L2) technology. Browma...
Walmart sues BJ’s Wholesale claiming theft of Sam’s Club self-checkout tech
Shoppers stock up on merchandise at a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson | Getty Images Walmart and its big-box warehouse subsidiary Sam’s Club accus...
Privacy Infrastructure Startup Nym Hires Prominent Surveillance Tech Expert & Law Professor
Blockchain privacy startup Nym Technologies is boosting its backroom team with the addition of Ahmed Ghappour, a renowned attorney and professor of law, as its new General Counsel. Ghappour is one of ...
Jim Cramer endorses getting back into the tech stocks
It’s time for investors to start getting back into the tech stocks, says CNBC’s Jim Cramer. The tech-heavy Nasdaq Composite has recovered more than 10% since last Monday. Jim Cramer is get...
Alphabet just spun out out its quantum tech group, launching it as an independent company
Quantum tech may be having its moment at long last. Consider that earlier this month, one of the few “pure play” quantum tech companies in the world, Rigetti Computing, went public by merg...
China’s Big Tech Firms Are Axing Thousands of Workers
BEIJING—China’s biggest tech companies are conducting large-scale layoffs this year as they deal with an economic slowdown and Beijing’s regulatory pressure. Tencent Holdings Ltd. TCEHY -7.14% , opera...
Chinese Tech Giants Pull the Plug on NFTs to Wade Off Regulatory Crackdown
Known for the government’s broad-based crackdown on tech companies, China’s native tech companies, including WeChat from Tencent and WhaleTalk from Ant Group, have started changing their receptiveness...
Chinese Tech Giants Pulls the Plug on NFTs to Wade Off Regulatory Crackdown
Known for the government’s broad-based crackdown on tech companies, China’s native tech companies, including WeChat from Tencent and WhaleTalk from Ant Group, have started changing their receptiveness...
Huobi Tech: Liquidity crisis concerns to impact Virtual Asset Markets
Global financial markets will continue to be impacted by the geopolitical crisis between Russia and Ukraine. Concerns about the possibility of a global liquidity crisis following the shutdown of the n...
Chinese Tech Giants Updates Rules to Curb NFT-Induced Crackdown
The move from the Chinese tech giants is a proactive approach to be on the good side with the regulators who have been seeing many reasons to crack down on the country’s technology outfits in recent m...
Former Google Employee Files Lawsuit Accusing The Tech Company Of Racial Bias Against Black Employees
A former Google employee filed a lawsuit on Friday condemning the tech-giant of racial bias against Black employees. She also accused the company of leading minorities to lower-level positions with le...
MongoDB is an attractive growth tech stock but not at current prices. Here is why
Technology stocks received conspicuous attention this week. Investors seek securities with a high potential for growth. Analysts continued to recommend oversold technology stocks. While MongoDB Inc. (...
Okta gained in a week of hyped tech stocks. Consider selling at the current prices
Okta Inc. (NASDAQ:OKTA) spiked from $152.50 to $174.50 in a week when the key determinant of prices was market hype created by technology stocks. The spike in price is against the conspicuous bearish ...
GameStop No Longer a Top Draw At Reddit’s WallStreetBets Poker Table
Do you recall the cult of GameStop (GME) – Get GameStop Corp. Class A Report on Reddit’s popular online investing community WallStreetBets? It was a match made in heaven or well, technica...
Dow Jones Gains As Tech Stocks Charge; Warren Buffett Stock Explodes; GameStop Rallies
The Dow Jones Industrial Average gained but the Nasdaq shone brightest as tech stocks surged. Warren Buffett stock StoneCo (STNE) exploded on a management shake-up. GameStop (GME) rallied despite a lo...
Datadog Stock Shows Rising Relative Strength; Is Tech Coming Back?
When looking for the best stocks to buy and watch, focus on those with rising relative price strength. One stock that fits that bill is Datadog Inc (DDOG), which had its Relative Strength (RS) Rating ...
Opinion: It’s time to buy the best beaten-down stocks in tech and elsewhere, and this winning fund manager shows you how
Sentiment in the stock market is so dark, it’s time to rummage through the hard-hit technology sector to pick up potential long-term winners. For help, let’s turn to tech expert Chris Armbruster, the ...