As Alibaba Group Holding Ltd. works through a flurry of challenges, it will once again look to restore investor confidence in its long-term vision when it reports earnings Thursday. The Chinese e-comm...
Tag: Technology
FuboTV stock drops after earnings on mixed outlook
Shares of fuboTV Inc. were off 1% in after-hours trading Wednesday after the streaming company delivered revenue ahead of what it had been expecting when it delivered preliminary results a month earli...
this ‘mispriced subset of technology’ has 20% upside
Cybersecurity has been a disappointing investment in recent months, as evidenced by the First Trust Nasdaq Cybersecurity ETF (CIBR) that’s down 20% from its high in mid-November, but Dan Ives expects ...
Rackspace’s Quarterly Results Beat Estimates. The Stock Sinks Anyway.
Text size Rackspace’s network operations center. Courtesy of Rackspace Rackspace Technology stock was falling hard as investors responded to financial forecasts that appeared to have overshadowe...
Elon Musk cheers on Justice Department probe of short sellers
Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Tesla CEO Elo...
The case for bitcoin as ‘digital gold’ is falling apart
Bitcoin on a mound of gold. bodnarchuk | iStock Editorial | Getty Images A key investment case for bitcoin is deteriorating as geopolitical uncertainty and rising inflation hammer cryptocurrency price...
CFI Financial Names Stelios Thrasyvoulou as Chief Technology Officer
CFI Financial Group, a forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the c...
Volkswagen Wants to Launch Porsche in Pursuit of Tesla
A long-awaited duel in the lucrative and promising electric-vehicle sector is taking shape. It’s a dream poster. And guessing the winner would be difficult as each of the two adversaries have st...
Tesla and EPA reach a settlement after Clean Air Act violations
An aerial view shows cars parked at the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Tesla has reached a settlement agreement with the U.S. Envi...
Peloton hit by major outage, company says it’s investigating the issue
A Peloton store in Walnut Creek, California, U.S., on Monday, Feb. 7, 2022. David Paul Morris | Bloomberg | Getty Images Peloton on Tuesday suffered a major outage that meant at least some users were ...
DraftKings Could Face Margin Headwinds This Year. Analysts Slash Their Targets.
Text size DraftKings is predicting Ebitda losses between $825 million and $925 million. Scott Eisen/Getty Images for DraftKings Shares of DraftKings were rising on Tuesday, even after analysts cut the...
Intel’s Ponte Vecchio And AMD’s Zen 3 Show The Promise Of Advanced Semiconductor Packaging Technology
Florence, Italy: The Ponte Vecchio. Undated, drawn by J. M. W. Turner, R. A. from a finished sketch … [+] by James Iiakewill. Engraved by S. Rawle. Bettmann Archive Intel and AMD discussed some ...
China’s finance ministry on tax breaks, spending on homegrown tech
A worker in a dust-proof suit controls an LED epitaxy chip production line at a semiconductor workshop in Nanchang, Jiangxi Province, on Jan. 26, 2022. Future Publishing | Future Publishing | Getty Im...
Bitcoin (BTC) sinks on mounting Russia-Ukraine tensions
A Bitcoin coin lies on a screen showing the Bitcoin – US dollar exchange rate. Fernando Gutierrez-Juarez | picture alliance | Getty Images Digital currencies took a beating Tuesday as geopolitic...
Online Real Estate Isn’t Worth the Chance
You can make a lot of money on physical real estate right now, but recent results from major online real-estate players show 2022 isn’t the year to play Monopoly in the stock market. The carnage isn’t...
Tesla CEO Elon Musk accuses SEC of leaking information
Maja Hitij | Getty Images News | Getty Images Tesla CEO Elon Musk, via his attorney, accused the Securities and Exchange Commission of leaking information about a federal investigation in order to ret...
Stock Market Today: Overseas Stocks Fall as Russia-Ukraine Tensions Simmer
Text size Vladimir Putin and Joe Biden have agreed in principle to a summit in Europe. AFP via Getty Images Global stocks fell on Monday as tensions remained high over the Russian military buildup on ...
European stocks and U.S. equity futures wobble as Kremlin says U.S-Russia summit not a done deal
European stocks fell Monday, as investors clung to hopes that diplomacy will prevali over an increasingly tense Russia-Ukraine crisis. Technology stocks led the downside on the heels of sharp losses f...
Rivian Makes a Bold Move To Solve Its Biggest Problem
In the world of fencing, when a fencer moves too far back to avoid danger, they end up with their back to the wall. So they have no other choice but to face their adversary. This is the situation in...
Elon Musk’s SpaceX Wants to Split Its Shares
Is SpaceX a victim of its own success? We have to believe that the new conquest of space is attracting a large number of investors. The rocket and space tech company started by Tesla (TSLA) – ...
GM Discreetly Abandons Its In-House Amazon
General Motors (GM) – Get General Motors Company Report is doing its big spring cleaning sooner than expected. The Detroit giant, which no doubt wants to avoid being distracted in the coming m...
Bitcoin Falls to Below $40,000 as Wall Street in ‘Full De-Risking Mode’
Text size Dreamstime.com Bitcoin fell below $40,000 Friday on renewed worries of an imminent Russian invasion of Ukraine and the prospect of higher U.S. interest rates this year. Bitcoin, the world’s...