“Given our expectations for growth in these new technologies, I think we’re going to see some spectacular returns.” That was the chief executive officer of ARK Invest, Cathie Wood, who gave an optimis...
Tag: Technology
Etoro Apologizes After Liquidating Its Clients’ Russian Stocks
Etoro is in trouble. The Israeli online trading platform has been going through a crisis of confidence with its customers for the past few days after it made a decision that had a significant impact ...
Tesla Rivals Lucid, Rivian, Fisker Struggling to Compete
The love at first sight between investors and young manufacturers of electric vehicles seems to have died. As often in every relationship, the beginnings are marked by great promises. Everything seem...
Russian Banks Turn to China to Sidestep Cutoff From Payments Systems
Russian banks that have been cut off from global payments networks are turning to China’s state-owned UnionPay system as the country tries to sidestep boycotts by Western businesses for its invasion o...
Why War and Sanctions Are Good for Bitcoin
Illustration by Elias Stein Text size Russia’s invasion of Ukraine is pressuring equities, pumping up oil prices, and scrambling Federal Reserve plans to raise rates. Through it all, Bitcoin has been ...
Broadcom Stock Alert: Here’s How High the Rally Can Go
The world keeps on moving even when it’s in turmoil. Broadcom (AVGO) – Get Broadcom Inc. Report can attest to that, as the company reported earnings on Thursday after the close. With the broade...
Grab Stock Rebounds From Slump After Losses Widened
Text size A Grab Food delivery rider. Lauryn Ishak/Bloomberg Shares of Grab Holdings rebounded Friday following a slump after the Singapore-based ride-sharing and food delivery company reported a wide...
Microsoft Makes a Big Move Into AI-Driven Healthcare
American tech giant Microsoft (MSFT) – Get Microsoft Corporation Report has made a major push into artificial intelligence this week, closing its deal to acquire AI pioneer Nuance Communication...
At Ford, the Chip Shortage Isn’t Getting Any Better. There Are More Output Cuts.
Text size The Ford company logo is displayed on a sign outside of the Chicago Assembly Plant on February 03, 2021 in Chicago, Illinois. Scott Olson/Getty Images The semiconductor shortage that is cons...
Broadcom Earnings Are Good News for Nvidia Stock. Here’s Why.
Broadcom chip G0d4ather/Dreamstime.com Text size Broadcom stock is jumping after the company reported stronger-than-expected earnings—and that could be good news for shares of Nvidia and other chip co...
Pittsburgh robot farm business of future backed by Pritzker billions
Currently less than 1% of fresh produce is grown through hydroponics systems versus open-field agriculture, but this segment is forecast by Mordor Intelligence to grow by nearly 11,% or about $600 mil...
Cloud Stocks Have Become a Haven in Tech. 4 Stocks to Buy.
As the world emerges from the pandemic, tech companies have been put in a tough spot. They’re under pressure to sustain pandemic-era boosts, and many of them have struggled to meet the challenge, incl...
PayPal suspends its services in Russia over Ukraine war
The PayPal app shown on an iPhone. Katja Knupper | DeFodi Images | Getty Images PayPal said Saturday it was suspending its services in Russia, adding to the number of firms retreating from the country...
Apple Stock Has Had a Tough Year. That Could Soon Change.
Text size Tech stocks like Apple have had a tough start to the year, but a turnaround could be coming. Sascha Steinbach/Getty Images for Apple Apple stock and the rest of big tech have faced a difficu...
13 Stocks That Have Too Much Russian Exposure—and 6 Stocks That Could Benefit
Text size Photo by MANDEL NGAN/AFP via Getty Images U.S. companies are fleeing Russia, something that could create headwinds going forward. For companies in countries that haven’t imposed sanctions, h...
GAIMIN Poised for Significant Growth and Technology Advancement in 2022 – Sponsored Bitcoin News
sponsored March 6th sees GAIMIN enter its fifth and most exciting year: GAIMIN’s distributed data processing application which rewards users for participation in the network will be launched in April ...
Cathie Wood Watch: Ark Next-Gen Internet Buys Cybersecurity, Sells Splunk
Investment star Cathie Wood, CEO of Ark Investment Management, bought into a couple of cybersecurity firms on behalf of Ark Next Generation Internet ETF. (ARKW) – Get ARK Next Generation Intern...
Tesla factory in Germany gains conditional approval for production
A Tesla Model Y is seen in a production hall of the Tesla Gigafactory during the open day. In Grünheide, east of Berlin, the first vehicles are to roll off the production line from the end of 2021. Pa...
A Play-to-Earn Game That Utilizes Blockchain and NFT Technology
GAMI is a blockchain-based play-to-earn gaming studio that uses augmented reality, virtual reality, Blockchain, and NFT technologies to provide gamers with the best gaming experience while also allowi...
Cathie Wood Watch: Ark Buys Zoom, Sells Key Entertainment Name
Investment star Cathie Wood, chief executive of Ark Investment Management, continues to buy beleaguered technology stocks, as she promised she would. On Wednesday, Ark exchange-traded funds purchased ...
Huawei’s competitor to Tesla electric cars to begin deliveries in China
Consumers check out Huawei’s first HarmonyOS car, the Aito M5, at a store in Hangzhou, Zhejiang Province, on Jan. 3, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — The firs...
As Russia presses its war with Ukraine, here are 10 aerospace and defense stocks expected to rise up to 39%
No matter when the shooting stops and Russia’s war in Ukraine comes to an end, it seems clear from actions taken by European countries that we’re entering a period of increased defense spending. Below...
MRVL Stock: Marvell Technology Tops Fourth-Quarter Targets
Chipmaker Marvell Technology (MRVL) late Thursday beat analyst expectations for its fiscal fourth quarter and guided higher for the current period, thanks to across-the-board sales gains. MRVL stock r...
Intel Is Still Struggling. Here’s Another Way to Play Chips.
Text size Intel stock was downgraded by Morgan Stanley. Courtesy Intel Corporation Shares of Intel and GlobalFoundries went in opposite directions Thursday after analysts at Morgan Stanley downgraded ...