Text size Polestar CEO Thomas Ingenlath with the Precept concept car. Polestar photo Polestar, the electric-vehicle start-up born from Volvo, has a new SUV model. The news likely will give shares of t...
Tag: Technology
Blockchain Technology Today | Coinspeaker
The advantages of blockchain technology literally “plug holes”, i.e., solve the unavoidable problems of the traditional economy built on the fiat money circulation. When talking about blockchain, they...
Rivian Writes a Letter to Shareholders. These Are the Three Noteworthy Items.
Text size R1S sport utility vehicle being manufactured. Courtesy Rivian Electric-truck startup Rivian Automotive quietly passed a milestone Monday. The company hosted its first annual meeting as a pub...
3 Reasons AMD’s Analyst Day Will Be ‘Transformative’
Text size AMD will hold its analyst day on June 9, 2022. Courtesy AMD Advanced Micro Devices will continue its strong performance after meeting or exceeding all targets for the past two years, Piper S...
Avalanche Co-Founder Emin Gün Sirer Says Avalanche “Is the best technology available today”
After the crypto crash last month, the crypto economy is facing a dip in its prices. Various crypto assets have experienced a fall of 40% to over 80% in value against the U.S. dollar. The flagship cur...
Checkout.com jumps into crypto with stablecoin payments feature
The logo for payments start-up Checkout.com. Checkout.com AMSTERDAM — Online payments company Checkout.com says it will settle payments for its merchants round-the-clock using stablecoins, making it t...
Amazon Stock Gains Ahead of Split Debut: Opening Pegged Near $125
Updated at 12:53 pm EST Amazon (AMZN) – Get Amazon.com, Inc. Report shares powered higher Monday in the first day of trading following a 20-for-1 split of the online retailing giant’s sto...
Elon Musk Threatens Twitter Deal, Wants Proof on Fake Account Data
Updated at 12:50 pm EST Twitter (TWTR) – Get Twitter, Inc. Report shares slumped lower Monday after Tesla (TSLA) – Get Tesla Inc Report CEO Elon Musk doubled-down on his challenge to the...
Cathie Wood’s Ark Rebounds: A Dead-Cat Bounce?
Is it just a dead-cat bounce or the sign of something bigger? Renowned investor Cathie Wood’s flagship Ark Innovation ETF (ARKK) – Get ARK Innovation ETF Report is on the rebound. It has bounc...
Solid Power begins pilot production of solid-state EV battery
Solid Power’s 22-layer, 20Ah all solid-state lithium metal cell compared to the company’s first-generation 10-layer, 2Ah cell. Solid Power Solid Power, a Colorado-based battery start-up ba...
In what way has Blockchain turned out to be cutting-edge technology and its ways ahead?
Undoubtedly, blockchain technology has brought remarkable changes and revolutionized the traditional ways of performing the usual tasks in quite unusual ways. When you hear the term ‘Blockchain’, many...
Engineer Who Fled Charges of Stealing Chip Technology in US Now Thrives in China
(Bloomberg) — Few companies are better positioned to benefit from the crippling shortage of computer chips than ASML Holding NV, a Dutch manufacturer whose equipment plays an integral role in ma...
Best Buy Founder Richard Schulze Bought a Big Block of Stock
Text size People shopping in a Best Buy store. Richard Schulze, Best Buy’s founder, bought $20 million in shares of the electronics retailer. Valentin M Armianu/Dreamstime.com Best Buy stock has tumbl...
Crypto: 46,000 People Lost $1 Billion to Cons in 15 Months
The euphoria around cryptocurrencies in 2021 has not only made millionaires and billionaires. It was also a ruin for thousands of retail investors. And things are not getting better since the beginn...
The Roblox Gaming Platform No Longer Sees Clearly
The desperate cry came booming out of the heart of social media. “ROBLOX UR STOCK IS DIVING INTO THE MULTIVERSE OF DOCTOR STRANGE,” the commenter tweeted, referring to the recent Marvel fi...
Roblox Struggles to Stay Ahead in a Changing World
The desperate cry came booming out of the heart of social media. “ROBLOX UR STOCK IS DIVING INTO THE MULTIVERSE OF DOCTOR STRANGE,” the commenter tweeted, referring to the recent Marvel fi...
Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition – Technology Bitcoin News
As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion u...
Crypto: Coinbase and the Winklevoss Twins Confirm Tough Times Are Ahead
The tough time that the crypto sphere is going through is not about to go away. Judging by the recent decisions announced by the big names in the sector, it is even logical to say that what industry s...
Electric Truck Maker Nikola Faces a Major Roadblock
Nikola (NKLA) – Get Nikola Corporation Report is certainly aiming high. The electric and hydrogen-powered truck company has said that it is “driven to revolutionize the economic and envir...
Nvidia, ON Semi, AMD Among Bank of America’s Top Chip Stocks
It’s been a rough 2022 for semiconductor stocks amid fears of a sharp economic slowdown that would depress chip demand. The PHLX Semiconductor Sector index has dropped 22% year to date. But Bank of Am...
The Stock Market Is Charting a New Course. It Won’t Be Pleasant.
Text size Delta Air Lines told investors that revenue would finally return to 2019 levels, amid strong travel demand. Brandon Bell/Getty Images The trend is your friend, or so they say. But right now,...
Microsoft and Two Other Software Stocks for a Potential Recession
Text size Microsoft is a top pick of Bernstein software analyst Mark Moerdler for a potential recession. Drew Angerer/Getty Images The possibility of a bad recession is on everyone’s mind. On Tuesday,...