Text size Dreamstime For the stock market, this past week had the feel of steering out of a spin after hitting an ice patch—and driving away safely. Unfortunately, the road ahead may be even more trea...
Tag: Technology
Ferrari Looking at Blockchain Technology and NFTs, Admits CEO
Benedetto Vigna – Chief Executive Officer of Ferrari – opined that the blockchain and NFT industry are niches that “deserve some attention.” As such, the exec hinted that the luxury sports car manufac...
Pro: I’m bullish on this subsector within the technology space
The U.S. Bureau of Labour Statistics’ non-farm employment data remained strong and well ahead of expectations in January, which could see the Fed turn even more hawkish moving forward. Still, Na...
Peloton stock jumps 34% on report Amazon is among potential buyers
Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Shares of Peloton jumped more than 34% in extended trading Friday after the ...
CEO of Self-Driving-Car Firm Luminar Buys Stock
Text size A vehicle with Luminar LiDAR Patrick T. Fallon/AFP/Getty Images Luminar Technologies stock has been slumping, and founder and CEO Austin Russell scooped up the cheaper shares. Luminar (ticke...
PayPal stock still offers ‘four silver linings’ after ‘epic’ selloff, says analyst
Shares of PayPal Holdings Inc. have been pummeled in recent days after the e-commerce company gave a disappointing forecast and announced a change in its business strategy, but one analyst still sees ...
Thiel Capital, Mesa Air invest in electric seaglider startup Regent
(Illustration) REGENT is developing a flying, electric sea glider with a top speed of 180 miles per hour. Courtesy: REGENT Thiel Capital and regional aviation providers Mesa Air Group are investing in...
Unity Software Stock Rises as 2022 Revenue Forecast Tops Estimates
Text size Dreamstime Unity Software stock traded higher Friday after the fourth-quarter adjusted loss at the videogame developer tools maker was narrower than Wall Street expected and the company issu...
Blockchain technology and the environment
When discussing blockchain-based apps and Web3 at a time of climate crisis, it’s important to understand why and how energy is used by blockchains and how it affects the environment. What You Need To ...
Bodegas look to zoning to defend against instant delivery rivals
A Gopuff location on the Lower East Side of Manhattan across from Stop 1 Deli. Jan. 12, 2022. Hannah Miao | CNBC Grocery delivery start-up Gopuff last fall moved into the ground-floor retail space of ...
IOC launches Beijing Olympics-themed mobile game with NFTs
Olympic Games Jam: Beijing 2022 is a Winter Games-themed game that incorporates non-fungible tokens (NFTs). nWay The International Olympic Committee has become the latest organization to jump into the...
Amazon holiday earnings blow away expectations (thanks to Rivian), stock spikes
Amazon.com Inc. executives thought that supply-chain and staffing concerns could wipe away their holiday profit. They were wrong. Amazon AMZN, -7.81% reported fourth-quarter profit of $14.3 billion, o...
NBA unveils Kobe Bryant All-Star Game trophy two years after his death
NBA Kobe Bryant trophies Source: NBA The National Basketball Association has redesigned its All-Star Game’s most valuable player trophy to honor the legendary Kobe Bryant, two years after his de...
ICEYE raises $136 million to build out satellite catastrophe products
CEO Rafal Modrzewski inspects some of the company’s satellite hardware. ICEYE Finnish satellite imagery venture ICEYE brought in new funds, the company announced on Thursday, as it looks to add ...
Opinion: Amid a global chip shortage, Intel is making less money — how did that happen?
Intel INTC, -2.48% was the world’s largest chipmaker until 2021, when it was dethroned by Samsung. Though Samsung’s main business is memory chips, which is a different segment of the market to Intel’s...