Text size Fidelity’s push into Bitcoin is raising controversy but could be lucrative for the company. Dreamstime.com Fidelity Investments shocked the retirement industry last month with a move t...
Tag: Technology
Will stocks tumble further Monday? Bitcoin’s weekend performance may provide some clues
Bitcoin was holding near $36,000 on Friday, after it fell to $35,280, the lowest level since Jan. 23, as U.S. stocks extended losses, while Treasury yields rose and the dollar soared to some of its hi...
Costco, Nvidia Lauded by AAP’s Versace
Chris Versace of TheStreet.com’s Action Alerts Plus team offered positive commentary on Costco (COST) – Get Costco Wholesale Corporation Report and Nvidia (NVDA) – Get NVIDIA Corporation...
Blockchain Technology Solves Some Of The Biggest Key Challenges Faced By Media And Entertainment Companies
Blockchain technology has often been compared to the internet for its disruptive potential. Although blockchain was originally leveraged for financial transactions, it has quickly spread to just about...
Cathie Wood Watch: Ark Buys Shopify, Coinbase, LatAm E-Commerce Firm
Investment luminary Cathie Wood, chief executive of Ark Investment Management, on Thursday bought and sold familiar names, including a Latin American e-commerce company. Wood snagged several technolog...
Blockchain technology to power De Beers’ diamond production
Global diamond mining firm De Beers has launched a proprietary blockchain-powered platform to manage its diamond production and distribution. The firm has long been at work on a blockchain system to t...
Nvidia, SEC reach deal on cryptocurrency disclosures in 2017
A sign is posted in front of the Nvidia headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan | Getty Images Nvidia will pay $5.5 million as part of a settlement with the SEC that i...
SpaceX NASA Crew-3 mission, 6th astronaut flight, splashes down
SpaceX’s Crew Dragon capsule Endurance splashes down in the Gulf of Mexico off the coast of Tampa, Florida on May 6, 2022. NASA TV SpaceX returned the astronauts of NASA’s Crew-3 mission t...
CMC Markets Plans a Technology Hub In Manchester
CMC Markets plans to open a technology hub in Manchester to decentralize its operations from London. For this purpose, CMC Markets has already invested over GBP 100 million in the firm’s platforms and...
Zillow Stock Tumbles After Selling More Homes Than Expected. Here’s Why.
Text size Zillow says it has 1,300 homes left in its inventory, most of which have sold or are in agreement to be sold or disposed. Courtesy of Zillow Faster-than-expected home sales in Zillow’s iBuyi...
Stifel and JPMorgan analysts trade blows on Scotts Miracle-Gro’s valuation
Analysts from JPMorgan and Stifel said Scotts Miracle-Gro Corp. stock is trading at a discount, but duked it out over whether the fertilizer and hydroponic equipment company deserves it. Saying it has...
How Paris Hilton And Snoop Dogg Animated Their Bored Apes, What The Technology Could Mean For Brands
Snoop Dogg and Paris Hilton Bored Apes. Twitter “Loves it… Sliving,” said Paris Hilton via her walking talking, ‘sliving’* Bored Ape #1294, debuted this week on her Twitter account. And while ne...
GEM-TRX technology firm allows users to make profits through cloud mining
GEM-TRX is a uniquely-built cloud mining service made to ease the process of users renting out suitable hash power to mine crypto by paying an appropriate fee. This service is built on the Tron netwo...
CMC Markets to Build a Technology Hub in Manchester
On Thursday, CMC Markets (LON: CMCX), a major London-listed brokerage firm, announced that it will expand its arms in the United Kingdom by opening a technology hub Hub A hub as its name suggests de...
E-commerce stocks plummet as consumers pull back online spending
The Etsy website Gabby Jones | Bloomberg | Getty Images Shoppers are eager to head back to brick-and-mortar stores, while inflation is stoking fears that consumers are pulling back their spending on s...
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...
SpaceX adds $25 portability monthly fee for Starlink service
Elon Musk’s SpaceX rolled out a $25 monthly fee this week for customers who seek to relocate their Starlink internet service satellite dishes. “Portability enables customers to temporarily...
Intel CEO Pat Gelsinger Bought Up the Sliding Stock
Text size Intel CEO Pat Gelsinger. Patrick T. Fallon/Bloomberg Intel stock slid on the last trading day of April, after the company provided disappointing fiancial forecasts. On the first two trading ...
Fanatics adds SoftBank executive, ex-Airbnb marketing chief to board
A detailed photo of the Fanatics apparel displayed at NFL Hospitality during the 2018 NFL Annual Meetings at the Ritz Carlton Orlando, Great Lakes on March 26, 2018 in Orlando, Florida. Mark Brown | G...
Twilio’s stock reacts wildly after company issues cautious revenue guidance
Twilio Inc.’s stock wildly fluctuated in frenzied trading Wednesday after the company issued cautious revenue guidance on better-than-expected results. Shares of Twilio TWLO, +5.50% initially plunged ...
What the Fed’s Interest-Rate Increase Means for Your Mortgage, Loans, Savings
The Federal Reserve raised its short-term benchmark rate by a half-percentage point on Wednesday, the sharpest increase since 2000, to a range between 0.75% and 1%. Though widely expected, the move wi...
Yes, GM Needs to Do More to Challenge Tesla. But the Stock Is a Buy.
General Motors has grand ambitions and a cheap stock. That could be a winning combination for investors. But to realize it, the pace of the giant car maker’s electric-car launches must catch up to the...