A much-needed market distraction from the churn of inflation worries is getting under way, but it’s not looking like what investors were hoping for as some big bank names are sliding on disappointing ...
Tag: Technology
PayPal faces ‘muted’ year ahead, analyst warns in downgrade
Shares of PayPal Holdings Inc. are off 1.4% in Wednesday morning trading after Jefferies analyst Trevor Williams cut his rating on the stock to hold from buy, warning that the company faces a “muted” ...
Drone Stocks To Buy And Watch As Military, Commercial Firms Invest In Technology
Drone stocks are on the rise as the military invests in new drone platforms and the FAA establishes rules for commercial drones, opening up the possibility of drone delivery services. X As of Janurary...
The IRS will ask every taxpayer about crypto transactions this tax season — here’s how to report them
Cryptocurrencies, also known as virtual currencies, have gone mainstream. That’s for sure. For example, you can use bitcoin BTCUSD, -0.21% to buy a Tesla TSLA, -6.75% and to buy or pay for lots of oth...
Crypto exchange Gemini pushes into wealth management with acquisition of BITRIA
David Abner, Gemini’s Global Head of Business Development. Source: David Abner Gemini, the $7.1 billion crypto exchange, is getting into wealth management with the acquisition of a digital asset...
Databricks launches Lakehouse for Retail as CEO focuses on growth
Ali Ghodsi, co-founder and chief executive officer of Databricks Inc., speaks during a Bloomberg Technology television interview in San Francisco on Oct. 22, 2019. David Paul Morris | Bloomberg | Gett...
Virgin Galactic stock falls after plans to raise $500 million in debt
Spacecraft VSS Unity lands on the runway at Spaceport America in New Mexico after the company’s fourth spaceflight test on July 11, 2021. Virgin Galactic Shares of Virgin Galactic fell in tradin...
Blockchain Technology- Know About Some Significant Drawbacks Of Blockchain Technology!
Most businesses use blockchain technology, and people who invest in bitcoin also adopt this technology. This is because there are so many businesses and investors who adopt this technology only for ge...
Bitcoin and Other Cryptos Are Stabilizing. The Miners Look Like Value Plays.
Text size Dreamstime Bitcoin and other cryptos were trading higher on Tuesday, showing signs of stability after one of their longest losing streaks since 2018. Bitcoin was pricing around $42,900, up 2...
Opinion: Four reasons why value stocks are poised to outperform growth in 2022 — and 14 stocks to consider
Investing is all about being in tune with the trends. Here’s one to be aware of for 2022: Value stocks will most likely beat their growth counterparts. The trend is already under way. Consider: * The ...
Shopify Stock Has Dropped a Ton. Is It Time to Buy?
Dreamstime Text size Shopify stock has gotten hit hard during the recent tech selloff. William Blair analyst Matthew Pfau says it’s a buying opportunity In a note Wednesday, Pfau upgraded Shopify (tic...
Inflation fuels holiday online sales to record $204 billion: Adobe
A worker moves boxes of goods to be scanned and sent to delivery trucks during operations on Cyber Monday at Amazon’s fulfillment center in Robbinsville, New Jersey, November 29, 2021. Mike Sega...
Apple potential bid for MLB package could bring big player into sports
Los Angeles Dodgers center fielder Cody Bellinger (35) steals second base as St. Louis Cardinals second baseman Tommy Edman (19) takes the late throw at Dodger Stadium in the 2021 National League Wild...
Alibaba Stock, JD.com, and Others Are Soaring. Here’s Why and Who to Thank.
Text size An Alibaba Group sign David Becker/Getty Images Chinese tech stocks are soaring. Many have been looking cheap of late, and soothing words from Federal Reserve Chair Jerome Powell only fueled...
Opinion: Citadel’s $1.15 billion cash infusion isn’t a bailout but the final test of Ken Griffin’s ‘Death Star’
When you add more than a billion dollars’ worth of liquidity to a market maker that already executed more than one of every four trades in the U.S. markets on a daily basis, while simultaneously givin...
Kim Kardashian and Floyd Mayweather sued over alleged crypto scam
Kim Kardashian arrives for the 2018 Met Gala on May 7, 2018, at the Metropolitan Museum of Art in New York. Angela Weiss | AFP | Getty Images Kim Kardashian and Floyd Mayweather are being sued over al...
Chinese Technology Stocks Jump as Cheap Valuation Lures Buyers
(Bloomberg) — A gauge of Chinese technology shares rallied by the most in three months as investors took advantage of attractive valuations in the battered sector and the prospect of looser mone...
Nokia Stock Inches Higher Because It Lifted Its Earnings Guidance
Text size Headquarters of Finnish telecoms company Nokia Lehtikuva/AFP via Getty Images Nokia Tuesday upgraded its financial guidance for 2021 and estimated that it would have a comparable operating m...
Travel is ‘roaring back’ — That’s good and bad for travelers
Last year wasn’t a stellar year for travelers. Perhaps that’s why so many are pinning their hopes on 2022. Travel bookings and inquiries are surging, say travel insiders, in an upward tra...
Fintech start-up MX names new CEO as firm prepares for sale or IPO
Shane Evans, interim CEO of fintech platform MX. Courtesy: MX Fintech start-up MX has named Shane Evans its interim CEO as the company prepares for an initial public offering or possible sale, CNBC ha...
AT&T Stock Can Close Gap With Verizon. Why Shares Might Be a Buy.
Text size A sign is posted in front of an AT&T retail store in San Rafael, California. Justin Sullivan/Getty Images AT&T could finally start catching up to its main rival, prompting analysts a...
Rivian Stock Drops on Hints of Vehicle Production Issues
Text size 2022 Rivian R1T Courtesy of Rivian Stock in electric truck startup Rivian Automotive was falling Tuesday because of two issues that impact the same key success factor for the company: vehicl...
Tech Is Tearing Back. Why Nvidia and 4 Others Look Like Winners, Unlike Intel.
Text size Nvidia stock soared 125% in 2021, but the shares are down 9% so far in 2022. Justin Sullivan/Getty Images Tech stocks are tearing back. The Nasdaq Composite index snapped its four-day losing...
These S&P 500 stocks have cratered, but analysts think 12 can turn it around with rebounds of up to 70%
A period of high inflation and rising interest rates has taken out shares of companies with rich valuations. Then there’s the stubborn coronavirus, with variants raising infection rates and causing st...