SpaceX founder and Tesla CEO Elon Musk holds a helmet as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Elon...
Tag: Technology
Nvidia’s Earnings Could Be a Big Win. What to Expect.
Text size Solid performance is expected in the chip maker’s gaming and data center businesses when it reports earnings Wednesday. Justin Sullivan/Getty Images Nvidia could be a big winner this e...
Nvidia Is Set Up for a ‘Significant Beat and Raise.’ Here’s Why.
Text size A sign is posted in front of the Nvidia headquarters in Santa Clara, California. Justin Sullivan/Getty Images Nvidia could be a big winner this earnings season, with profits driven by solid ...
Virgin Galactic stock rises as ticket sales reopen $150,000 deposit
Carrier aircraft VMS Eve is seen in the background shortly after releasing VSS Unity, which is firing its engine and acclerating during the company’s fourth spaceflight test, Unity 22, carrying ...
Virgin Galactic Stock Surges. Reservations for Space Will Open Wednesday.
Text size Reservations for Virgin’s space tourist flights will open Wednesday. Courtesy Virgin Galactic Space tourism pioneer Virgin Galactic is getting closer to commercial operations. The comp...
Warren Buffett’s firm took big stake in Activision Blizzard ahead of Microsoft deal
OMAHA, Neb. — Warren Buffett’s company placed a rare bet on a technology company late last year and it has already paid off in a big way. Berkshire Hathaway BRK.B, -1.52% revealed in documents filed w...
Ray Dalio’s Bridgewater boosts its bets on China
The world’s biggest hedge fund boosted its bet on Chinese companies in the fourth quarter. The latest 13-F filing from Bridgewater Associates shows the firm boosted the number of shares it’s held in A...
Intel Agrees to Buy Tower Semiconductor in $5.4 Billion Deal
Text size Justin Sullivan/Getty Images Intel Corp . agreed to buy Israeli company Tower Semiconductor for $5.4 billion as it looks to expand its manufacturing capacity and technology portfolio amid ri...
Intel reaches $5.4 billion deal to buy Tower Semiconductor
Intel Corp. on Tuesday struck a $5.4 billion deal to buy Tower Semiconductor, as it seeks to bolster its manufacturing capabilities. Intel INTC, -0.10% said it’s paying $53 per share in cash for Tower...
Nvidia’s AI Innovation Should Push Stock Higher: Analysts
Text size Chip maker Nvidia has invested heavily in artificial intelligence. Dreamstime Nvidia has invested heavily in artificial intelligence—in cash and culture—and those expenditures should drive u...
The Tech Trends Driving A Much-Needed Travel Sector Transformation
Many startups are developing technologies that solve the problems of unnecessary human contact and … [+] friction throughout the airport experience. Photo by L.Filipe C.Sousa on Unsplash Tech in...
EVs dominated Super Bowl ads, but only 9% of passenger car sales
Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle maker’s showroom in Beijing, China January 5, 2021. Tingshu Wang | Reuters Six of...
Peloton’s New CEO Pours Cold Water on Sale Speculation. The Stock Drops.
Text size A Peloton logo on a dumbbell at the company’s showroom in Dedham, Massachusetts. Adam Glanzman/Bloomberg Peloton Interactive stock fell Monday after the exercise company’s new chief ex...
Crypto start-up BlockFi to pay $100M in settlement with SEC, 32 states
The logo of cryptocurrency platform BlockFi. Budrul Chukrut | SOPA Images | LightRocket via Getty Images Cryptocurrency firm BlockFi said Monday it has agreed to pay $100 million to the U.S. Securitie...
Adam Parker: this sub-sector of technology is the ‘most oversold’
The tech-heavy Nasdaq 100 index is still down a little under 15% year-to-date, but the Trivariate Research founder says it’s time that investors begin to cover their short positions in technolog...
68% of investment execs think clients shouldn’t own cryptocurrency
A Bitcoin ATM is seen inside a gas station in Los Angeles on June 24, 2021. CHRIS DELMAS | AFP | Getty Images Roughly 2 out of 3 “fund selectors” don’t think individual investors sho...
UK’s HMRC seizes NFTs for first time in tax fraud probe
A CryptoPunk NFT on display at Sotheby’s on June 4, 2021 in New York City. Cindy Ord | Getty Images LONDON — Britain’s tax watchdog has seized three non-fungible tokens, in what is thought...
5 things to know before the stock market opens Monday, February 14
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures steady after comments from Russia’s top diplomat Traders on the floor of the NYSE...
Jared Isaacman buys private SpaceX flights for Polaris Program
The Polaris Dawn mission crew, from left: Medical officer Anna Menon, pilot Scott Poteet, commander Jared Isaacman, and mission specialist Sarah Gillis. Polaris Program / John Kraus Jared Isaacman, th...
George Soros Buys a Big Rivian Stake
Text size Soros Fund Management’s stake was worth about $2.1 billion at the end of December. Courtesy Rivian George Soros’ family investment office, Soros Fund Management, revealed a new stake i...
NFL sponsors Nike, Pepsi dominate 2022 Super Bowl exposure
Von Miller #40 of the Los Angeles Rams holds up the Vince Lombardi Trophy after Super Bowl LVI at SoFi Stadium on February 13, 2022 in Inglewood, California. The Los Angeles Rams defeated the Cincinna...
The Role of Blockchain Technology on Restructuring The Gaming Industry
Gaming has become an integral part of our daily lives worldwide. The gaming industry is raking in billions of dollars year after year, attesting to its profitability and widespread adoption. According...
EV start-up Polestar takes shots at Tesla’s Elon Musk in Super Bowl ad
Electric vehicle start-up Polestar, which is expected to go public this year, used its first-ever Super Bowl ad to indirectly take shots at its competitors, including Tesla and Volkswagen. The 30-seco...
Opinion: These 5 tech stocks — including small caps you probably don’t know — can lead the sector’s comeback
Amid all the big swings in the S&P 500 and other benchmarks, it’s natural for many investors to be worried. But as the adage attributed to Warren Buffett goes, sometimes it pays the most to be gre...