Text size Alphabet’s latest quarterly earnings came in below Wall Street’s expectations. Dreamstime Alphabet shares dipped late Tuesday after the company missed first-quarter earnings expe...
Tag: Technology
Microsoft beats on earnings after raising prices for Office; stock jumps after strong forecast
Microsoft Corp. eclipsed profit and sales estimates and produced stronger-than-expected revenue across all of its business segments in an earnings report Tuesday, and shares jumped after executives’ f...
Bandsintown’s Technology Builds Community Between Artists And Fans
Bandsintown Bandsintown Fabrice Sergent is a serial entrepreneur. He heads Bandsintown and a team of 65 people working with a simple concept which is diabolically complicated to provide. Bands is the ...
Saudi Arabia can adopt blockchain technology in the Government
The Kingdom of Saudi Arabia is considering adopting blockchain technology throughout its administration as well as legalizing the use of cryptocurrencies. However, an official stated that the ki...
Warner Bros. Discovery (WBD) Q1 2022 earnings
David Zaslav Anjali Sundaram | CNBC Warner Bros. Discovery shares fell Tuesday after the company warned its 2022 profit would be lower than expected in light of a “messy” combination of as...
When Will Coinbase Stock Hit Bottom? JPMorgan Sees Bigger Losses Ahead
Text size Some analysts are getting more bearish on Coinbase stock. Tiffany Hagler-Geard/Bloomberg When will Coinbase stock finally hit bottom? Investors in the crypto exchange have been riding a slid...
PayPal has been cut in half by Wall Street, but ‘uncertainty’ still looms as earnings approach
After losing more than half its value so far this year, PayPal Holdings Inc. still faces ‘uncertainty’ from Wall Street. PayPal PYPL, +2.03% was an investor darling in the early days of the COVID-19 c...
Why semiconductor stocks are ‘almost uninvestable’ despite record earnings amid a global shortage
The PHLX Semiconductor Index SOX, +1.76%, which hit a record high of 4,039.51 on Dec. 27, fell 13% over the first quarter of 2022, and as of Monday, is down about 24% year to date, putting it firmly i...
Activision Blizzard’s Earnings Miss. Investors Care More About Microsoft Merger.
Text size Microsoft announced plans to purchase Activision Blizzard for about $69 billion, or $95 a share, in January. Patrick T. Fallon/Bloomberg Activision Blizzard stock was dipping on Monday after...
Portal And HighCircleX Leverage Bitcoin Technology For Pre-IPO Equity Tokenization
The Bitcoin network lends itself to exploring various finance-related opportunities. HighCircleX and Portal join forces to tokenize shares in pre-IPO companies to the leading blockchain. A remarkable ...
Here Are 2 Uses Of Blockchain Technology That You Probably Didn’t Imagine
Cryptocurrencies are the most known use of blockchain technology. However, there are other popular use-cases too, such as NFTs that peaked in popularity in 2021. But, yet there hasn’t come a solution ...
Alibaba Stock Drops to Its Lowest Level in 6 Years. Behind the Latest Fall.
Text size Shanghai has been under strict Covid-19 lockdowns since March. Dreamstime The worsening Covid-19 situation in China is weighing on the country’s stock market, with companies including Alibab...
Private Axiom astronaut crew returns from ISS
Crew Dragon capsule Endeavour splashes down in the Atlantic Ocean with the Axiom Space Ax-1 crew on April 25, 2022. SpaceX SpaceX safely returned its Crew Dragon spacecraft from orbit on Monday, carry...
Ford F-150 Lightning electric pickup could win first-mover advantage
A Ford F-150 Lightning on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC DETROIT – Ford Motor is set to be the first automaker to bring a mainstream, full-size electric pickup to...
Crypto exchange Kraken to launch in UAE after full regulatory approval
Jack Guez | Afp | Getty Images ABU DHABI, United Arab Emirates — U.S. cryptocurrency exchange Kraken is expanding into the Middle East and will open its regional headquarters in Abu Dhabi after receiv...
SpaceX signs Hawaiian Airlines for free Starlink Wi-Fi on flights
Hawaiian Airlines plane Louis Nastro | Reuters SpaceX will start providing wireless internet on Hawaiian Airlines flights from the Starlink satellite network as early as next year, a service the airli...
Bitcoin Prices Fall as Crypto Market Slammed by Hawkish Fed Expectations
Bitcoin and other cryptocurrencies dropped Monday as expectations that the Federal Reserve will move aggressively to tighten monetary policy continued to rock the digital asset space. Bitcoin fell mor...
U.S. stock futures sink, suggesting more losses Monday
After sharp losses Friday, Wall Street is poised for more declines as stock-index futures slid Sunday night. Dow Jones Industrial Average futures YM00, -0.46% were last off more than 170 points — an i...
AMD Could Overcome Slowing Demand for Semis. It’s a Strong Buy, Analyst Says.
Text size Dreamstime Advanced Micro Devices could be well-positioned to ride out a tough cycle for semiconductor stocks amid slowing consumer demand, according to Raymond James. Analyst Chris Caso upg...