Cathie Wood, founder of ARK Invest, speaks during the Milken Institute Global Conference in California. Patrick T. Fallon/AFP/Getty Images Text size ARK Invest founder Cathie Wood is a long-time Tesla...
Tag: Technology
The technician who called the 2020 market bottom says a ‘shocking rally’ is in store
It’s been a terrible week in an awful year for the stock market. Walmart WMT, -0.82%, Target TGT, -0.62%, and Tencent 700, +3.53% each reported disappointing results to add fuel to the worries about i...
Shopify and 5 More Stocks That Aren’t as Cheap as They Look
Text size As stocks tumble, investors should know how GAAP earnings can reveal flaws in seemingly attractive companies, such as Lyft. David Paul Morris/Bloomberg Stocks are tumbling and bargains aboun...
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...
Applied Materials whiffs across the board on earnings, stock drops
Applied Materials Inc. shares declined in the extended session Thursday after the semiconductor-manufacturing equipment maker missed on earnings, revenue and its forecast and pointed at continuing sup...
The S&P 500 Is Almost in a Bear Market. This Is the Level to Watch.
Text size The Nasdaq MarketSite in New York’s Times Square. Michael Nagle/Bloomberg Another day, another sea of red on investors’ screens. The S&P 500 has shed more than $7 trillion in marke...
An Enhanced Geothermal System Uses Oil And Gas Technology To Mine Low-Carbon Energy. Part 2.
Geothermal Plant and Blue Lagoon leisure park, Iceland. Universal Images Group via Getty Images The US Department of Energy (DOE) has funded a project called FORGE where hot granite rock will be drill...
An Enhanced Geothermal System Uses Oil And Gas Technology To Mine Low-Carbon Energy. Part 1.
The FORGE site in Utah. Eric Larson (Flashpoint SLC). The US Department of Energy (DOE) has funded a project called FORGE where hot granite rock will be drilled and fracked using the best oil and gas ...
Nvidia Stock Is Less Than Half Its Recent High. Is It Now a Buy?
In the fourth quarter, Nvidia (NVDA) – Get NVIDIA Corporation Report stock was hitting all-time highs. The graphics-chip specialist was joined by Advanced Micro Devices (AMD) – Get Advan...
Tether claims USDT stablecoin is backed by non-U.S. bonds
Tether previously claimed its stablecoin was backed 1-to-1 by U.S. dollars. Justin Tallis | Afp | Getty Images The issuer of the stablecoin tether said in a report that the controversial digital curre...
Wallex: Blockchain technology to transform digital banking globally
It is critical to evolve in a world that is moving at such a quick pace. Evolution is vital not only for humans but also for the industry to keep up with the times. Tech is enhancing the age-old opera...
Boeing’s Starliner OFT-2 launch update: What’s at stake
A United Launch Alliance Atlas V rocket with Boeing’s Starliner spacecraft aboard is seen as it is rolled out to the launchpad for the OFT-2 mission scheduled to lift off on May 19, 2022. Joel K...
Will the stock market drop 20% or 48% from the peak? Here’s the key factor, says this strategist.
“Is the economy under control or is it spiraling out of control? That’s the million-dollar question traders continue arguing over,” sums up CrackedMarket blogger Jani Ziedins. Clearly, the latter argu...
The Key Ingredients Shaping The Future Of Food Part 2
TULARE, CA – FEBRUARY 12: A Quantix drone made by AeroVironment (Photo by David McNew/Getty Images) Getty Images The convergence of revolutionary technologies — chemicals, materials, life scienc...
Alex Rodriguez invests in MMA company PFL at $500 million valuation
Alex Rodriguez at eMerge Americas conference in Miami on June 13, 2017. David A. Grogan | CNBC Alex Rodriguez is betting on the growth of mixed martial arts. The former MLB star is now a partial owner...
Lucid Group to build first factory outside the U.S. in Saudi Arabia
U.S. electric vehicle maker Lucid Group will set up its first overseas factory in Saudi Arabia, the company announced. Javier Blas | Bloomberg | Getty Images U.S. electric vehicle maker Lucid Group wi...
A larger share of younger investors say they’re not afraid to buy the dip in the pursuit of long-term gains — but there’s one big caveat
The stock market is taking on a deepening red hue as steep sell-offs continue, but a new report says some younger retail investors are seeing red meat for ‘buys.’ Fewer than two in ten people, 18%, sa...
Authentication of product information based on blockchain technology
A simple way to understand blockchain is to visualize a digital ledger. This is a public record of transactions that can’t be deleted or edited. It has a decentralized structure that prevents tamperin...
Amazon Stock Plunges in Wake of Target, Walmart Debacles. This Is Why.
Text size Things may be worsening at a rapid pace for Amazon. Cindy Ord/Getty Images Amazon . com shareholders just got another reality check from Walmart and Target . The surprising inability of two ...
Nvidia Earnings Aren’t Due for a Week. Why This Analyst Is Already Worried.
Text size Nvidia has consistently beat estimates and raised its financial forecasts over the past two years. Courtesy Nvidia Nvidia might not substantially raise its financial forecasts or turn in hig...
Mastercard launches new technology that will allow its users to make payments using their hand or face
Mastercard Inc (NYSE: MA) is piloting new tech that’ll allow consumers to make payments at store checkout points using their hand or face. The company has launched a new program to give shoppers the c...
Cathie Wood Watch: Ark Buys International-E-Commerce, Biotech Stocks
Renowned investor Cathie Wood, chief executive of Ark Investment Management, bought shares of a biotech and a technology company focused on enabling international e-commerce. She also sold four compan...
Why Tesla was kicked out of the S&P 500’s ESG index
An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | Getty Images The S&P 500 booted electric vehicle maker Tesla from its ESG Index in an annual r...
If you thought Walmart and Target had disappointing results, these retailers did so much worse
Retail stocks fell hard this week as bellwether companies disappointed investors with sagging profits. And now, a review of retailers sheds light on companies that put up worse numbers than those repo...