The Federal Reserve is reversing course to fight inflation, but interest rates remain low, which means bond prices remain high. Meanwhile, stock valuations are high relative to earnings, in part becau...
Tag: Technology
Apple Stock Gets a Big Target Price Boost. Supply-Chain Problems Are Improving.
Text size Apple has faced tough supply-chain challenges. Things could be looking up. Chris McGrath/Getty Images Tech stocks were getting hammered again Friday, but there was good news on the radar for...
Bitcoin drops below $40,000 as global market selloff spreads to cryptocurrencies
Bitcoin prices were trading at levels not seen since August, pushing below a key support level on Friday, as a selloff of perceived riskier assets spread to cryptocurrencies. Bitcoin BTCUSD, -6.06%, t...
Alphabet’s Google Explores Blockchain Technology, Forms Distributed Computing Division
Alphabet Inc.’s, (NASDAQ: GOOGL) Google is exploring blockchain and distributed ledger technology. Efforts for this latest venture will be done through Google Labs, its business division housing a var...
Tom Cruise movie producers sign Axiom deal for space production studio
The Axiom space station, with the circular SEE-1 module attached, is seen in an artist’s rendition. Axiom Space The producers of Tom Cruise’s future space movie on Thursday announced plans...
Alibaba Stock and JD.com Are Outperforming Apple and Tesla. Here’s Why.
Text size Shares in Chinese tech giants Alibaba and JD.com are rising after China cut rates. Alain Jocard/AFP via Getty Images It’s a good day for Chinese tech stocks. While the wider U.S.-listed tech...
Trading Technology Provider BlockFills Raises $37M For Expansion
BlockFills, a Chicago-based digital asset trading technology company, has raised $37 million in Series A round to fuel its expansion plans. The funding round was led by a number of institutional inves...
Redefining Success In The “New Economy”
We are coming up on two years of life with COVID-19. People are tired of lockdowns. They’re tired of travel restrictions. They’re tired of the ever-evolving virus that causes COVID-19. That exhaustion...
Taproot Brings New Technology And Functionality To The Liquid Network And Bitcoin
With block 1,663,200, the Taproot soft fork went live on the Liquid Network, the world’s leading sidechain. The activation is significant as it marks the Liquid Network’s latest upgrade and brings new...
Meet the ‘Covid expats’ who moved overseas during the pandemic
Jasmina007 | E+ | Getty Images LONDON — Moving overseas might not seem like the most obvious thing to do during a pandemic, but for many people, Covid-19 provided the nudge they needed to take the plu...
Virgin Galactic Stock Is Worth Just $10, Analyst Says
Text size Virgin Galactic stock closed on Tuesday down 85% from an all-time high of almost $63 set back in February 2020. Courtesy Virgin Galactic Investors in space tourism pioneer Virgin Galactic Ho...
Johnson & Johnson’s got a new CEO and a plan to split the company in two. Here’s what else to expect out of J&J’s earnings
Johnson & Johnson JNJ, -0.31% has long been viewed as a bellwether stock for other health care companies, given its early slot in the earnings calendar and a business model that spans everything f...
Plug Power Just Gave Bullish 2022 Sales Guidance. The Stock Is Down.
Text size Investors will be listening to Plug Power’s conference call to hear how hydrogen technology is developing and being adopted. Courtesy Plug Power Hydrogen fuel cell technology provider ...
Arizona State University Offers Blockchain Technology, Enhancing Student’s Academic Journey
To assist learners in documenting their competencies and skills across their entire academic journeys, Arizona State University (ASU) is going a notch higher by deploying a blockchain-based technology...
TikTok owner ByteDance dissolves its investment arm
TikTok logos are seen on smartphones in front of a displayed ByteDance logo in this illustration taken November 27, 2019. Dado Ruvic | Reuters BEIJING — TikTok owner ByteDance has disbanded its invest...
Microsoft could have just kicked off a Big Tech gold rush, which helps videogame stocks but maybe not gamers
Microsoft Corp.’s agreement to buy Activision Blizzard Inc. would be the largest tech acquisition ever, and the chance it could prompt other Big Tech names to make their own acquisitions sent videogam...
Brace for a volatile 2022, but cling to this tech stalwart when the storm comes, says investment adviser
The pain is piling up for equity investors after the long U.S. holiday weekend, with bond yields at levels not seen since early 2020, and oil prices tapping 2014 highs. The pace of Federal Reserve mon...
Mastercard strikes NFT payments deal with Coinbase amid wave of crypto partnerships
A 3D printed Mastercard logo is seen in front of displayed stock graph in this illustration taken September 20, 2021. Dado Ruvic | Reuters Mastercard said Tuesday it inked a deal with Coinbase, the la...
SoFi stock soars after clearing final regulatory hurdle to become bank
Anthony Noto CEO of SoFi at the newly named SoFi Stadium under construction in Los Angeles. Stephen Desaulniers | CNBC Shares of SoFi rallied as more than 16% in after-hours trading on Tuesday followi...
Foreign airlines cancel some U.S. flights despite 5G deal
A Japan Airlines (JAL) passenger plane (R) taxis past another from All Nippon Airways (ANA) at Tokyo’s Narita International Airport in Narita, Chiba Prefecture on July 18, 2021. David Gannon | A...
Intel stock has a bright near-term future, says analyst
Intel Corp. shares may have some bright spots ahead—at least in the very near future. Citi Research analyst Christopher Danely likes the setup for the chipmaker’s stock in the weeks to come, given the...
Companies hit record $14.5 billion in 2021
A rendering on a Dream Chaser spaceplane in orbit. Sierra Space Private investment in space companies last year set a record, according to a report Tuesday by New York-based firm Space Capital. Space ...
China’s digital yuan notches $8.3 billion transactions in half a year
A sign for China’s digital currency, the electronic Chinese yuan (e-CNY) is displayed at a shopping mall in Shanghai on March 8, 2021. STR | AFP | Getty Images BEIJING — In a country where consu...
Stock Market Suffers Worst Week Since 2020. Here’s What Comes Next.
Text size The decline has been painful for investors who have been trained to buy on the dips. Michael Nagle/Bloomberg A bad start to 2022 just got a whole lot worse. The Dow Jones Industrial Average ...