China Last Night KraneShares Happy Chinese New Year 2022! Markets are closed across most of Asia as the world celebrates the Year of the Tiger. In place of our usual market commentary, our cultural an...
Tag: Technology
AT&T to Spin Off WarnerMedia, Plans Deep Cut to Its Dividend
Text size Justin Sullivan/Getty Images AT&T said Tuesday it would spin off its interest in WarnerMedia following WarnerMedia’s merger with Discovery . AT&T (ticker: T) also said its board appr...
Tesla climbs more than 10% on Monday after Credit Suisse upgrade
A Tesla mobile service vehicle outside a dealership in Vallejo, California, U.S., on Tuesday, Oct. 19, 2021. David Paul Morris | Bloomberg | Getty Images Shares in electric vehicle maker Tesla climbed...
Crypto exchange FTX valued at $32 billion amid bitcoin price plunge
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Cryptocurrency exchange FTX saw...
Financial Technology Company Rapyd Completes Neat’s Acquisition
One of the fastest-growing fintech companies, Rapyd announced today that it has completed the acquisition of Neat. The new acquisition will enhance the capabilities of Rapyd significantly. Based in Ho...
Giant Bank Bought Up Apple, Comcast Stock. It Dropped AT&T and Visa.
Text size German banking giant Commerzbank bought up Apple stock in the fourth quarter. Dreamstime A German banking giant made some abrupt changes in its U.S.-traded investments. Commerzbank initiated...
China’s Covid lockdown rules send prices higher
Freeman H. Shen, Founder, Chairman & CEO of WM Motor, speaks during Fireside Chat on Day 2 of CNBC East Tech West at LN Garden Hotel Nansha Guangzhou on November 28, 2018 in Nansha, Guangzhou, Chi...
Asian Company Uses Blockchain Technology to Prevent Fraud With COVID-19 Vaccines
The Asia-based medical services company Zuellig Pharma has developed a blockchain platform to improve its vaccine tracking service and prevent accidents that could compromise the public’s health. eZTr...
U.S. Stock Futures Poised for Lower Open on Monday
Stocks are poised to open lower on Monday. Michael Nagle/Bloomberg Text size Here’s what you need to know to navigate the markets today. • U.S. stocks are set to open Monday slightly down. On Sunday n...
Citrix Systems Near $13 Billion Buyout by Elliott, Vista: WSJ
Cloud-computing company Citrix Systems is close to a deal to be taken private, The Wall Street Journal reported. Dreamstime Text size This story originally appeared in The Wall Street Journal. Cloud-c...
Visa Stock Is Rising After Earnings Report. May Break Away From Mastercard.
Text size Stock in Visa was up nearly 9% on Friday morning. Roy Rochlin/Getty Images Visa stock achieved its biggest bounce in nearly two years as investors responded to surprisingly strong financial ...
Is Google’s ‘phenomenal’ fiscal run about to end?
A phenomenal fiscal year for Alphabet Inc. is about to close, and there are concerns that the future isn’t as rosy. Google’s parent company should expect “tricky waters to traverse in 2022” after it r...
Netflix Co-CEO Reed Hastings Bought $20 Million of Stock
Text size Netflix co-founder and co-CEO Reed Hastings just made his first purchase of the company’s shares on the open market. Henrik Jonsson/Dreamstime.com Netflix ‘s stock has slumped in 2022,...
Decentralized technology will end the Web3 privacy conundrum
Although the modern internet connects us like never before, one thing that younger generations have never truly experienced is the feeling of genuine privacy. Even older generations have forgotten wha...
ChargePoint Upgraded by J.P. Morgan. Pullback Could Be a Good Entry Point.
Text size ChargePoint’s pullback could be a good entry point for investors, J.P. Morgan says. Dania Maxwell/Bloomberg ChargePoint Holdings shares were up Friday after J.P. Morgan upgraded its ra...
How Low Can Bitcoin Go? The Views Vary.
Illustration by Elias Stein Text size Tighter monetary policies are weighing on speculative assets like crypto, Bitcoin crashed from $43,000 to $33,000 in four days and lost 23% of its value. On Jan. ...
These 7 semiconductor stocks may be close to a bottom. This chart pattern shows when and how much they might rebound.
Semiconductor stocks have been hit hard since the industry group rose to a record in early January. Analysts at Jefferies see a “peaking” pattern similar to those of 2014-2015 and 2017-2018, and expec...