As CES 2023 draws to a close, much of the attention in the chip world was lauded on companies like Advanced Micro Devices Inc. and Nvidia Corp. but a lower profile chip maker appears better positioned...
Tag: Technology
CrowdStrike Stock Has Tumbled. A Director Scooped Up Shares.
CrowdStrike Holdings stock tumbled in 2022, and one director scooped up shares of the provider of security software in the last week of that year. CrowdStrike (ticker: CRWD) lost about half of its mar...
ARK’s Cathie Wood Isn’t Backing Down. She Explains Exactly Why.
The core ARK Innovation ETF run by Wood fell 67% last year. But she remains staunchly bullish on the likes of Tesla, Zoom, and Roku. Updated Jan. 6, 2023 1:45 pm ET / Original Jan. 6, 2023 1:42 pm ET ...
YES WORLD Launches Physical Green Technology Product
Blockchain-based climate tech company – YES WORLD Climate Tech Pte Ltd launches the world’s first Energy Efficient Windows Solution for home and commercial buildings. This new product line of speciali...
Mark Cuban Warns of Potential New Crypto Scandal and Fraud
The cryptocurrency industry in recent months has been hit by numerous scandals, which have sharply raised skepticism and mistrust among the general public and encouraged more calls for regulators to s...
‘Big Short’ Investor Burry Attacks Software Giant Salesforce
The software giant Salesforce’s recent revamp confirms the struggles in Silicon Valley and tech more broadly are widespread. In a bid to cut costs, the specialist in customer-relationship-manage...
Crypto exchange Huobi to lay off 20% of workforce
The Huobi crypto exchange logo displayed on a smartphone. Nikolas Kokovlis | Nurphoto via Getty Images Digital currency exchange Huobi on Friday reportedly said it plans to reduce its global headcount...
Why a Long-Term Investor Is Sticking With Tesla and Cloud Shares
Everything about the investment approach at Baillie Gifford screams patience. Founded more than 110 years ago, the Scottish portfolio management firm, which oversees $250 billion, is a believer in the...
Ram previews new electric pickup to rival Ford, Rivian
Ram 1500 Revolution BEV electric concept truck Stellantis Ram Truck previewed its upcoming electric pickup Thursday at the CES technology show, as the automaker plans its entrance into the emerging se...
Looking for clues about iPhone supply? Ask AT&T, Verizon and T-Mobile
How have iPhone sales have fared in the wake of production constraints on high-end models? Wall Street likely won’t get a clear answer until Apple Inc. reports earnings later this month, but some publ...
BofA’s Rick Sherlund predicts software comeback
Bank of America top banker Rick Sherlund sees a major market shift ahead. According to Sherlund, optimism surrounding technology stocks will make a comeback this year — but the key is to weather the u...
Dow ends down nearly 350 points after jobs data, hawkish Fed comments hammer stocks
U.S. stock indexes ended another choppy session in the red on Thursday as investors digested a fresh batch of labor-market data and hawkish commentary from Federal Reserve officials, while looking ahe...
Digital Music Securities to Use Intertrust Web 3.0 Technology to Revolutionize the Music Rights Market
Leveraging Intertrust’s Token Rights Management technology, Digital Music Securities creates new revenue streams for music artists and fans worldwide TOKYO & SAN FRANCISCO–(BUSINESS WIRE)–#tech—In...
New York AG accuses Celsius ex-CEO of defrauding crypto investors
Alex Mashinsky, founder and chief executive officer of Celcius Network Ltd., during a panel session at the Blockchain Week Summit in Paris, France, April 13, 2022. Benjamin Girette | Bloomberg | Getty...
Amazon’s Alexa will soon help EV drivers find a charger
Alexa for EV charging Source: Amazon Amazon is betting that Alexa, its voice-activated virtual assistant, can help ease one of electric vehicle drivers’ biggest worries: finding a charging stati...
SLB’s New Name Comes At An Inflection Point For Digital And Decarbonization
SLB Company Logo SLB For any company, a change in name presents a risk of brand recognition loss, at least in the short term. That would seem to be especially true for a company that has operated unde...
How Alibaba Stock Can Double Off Its 2022 Low
Shares of Alibaba (BABA) – Get Free Report are starting the year off higher, already up more than 15% so far. The stock jumped 4.4% on Jan. 3, the first trading day of the year. Today, the shar...
Does The Southwest Snafu Suggest The Need For A Technology And Innovation Committee Of Directors On Boards?
TOPSHOT – A Southwest Airlines employee sorts through unclaimed luggage at Hollywood Burbank Airport … [+] in Burbank, California, on December 27, 2022. – More than 10,000 flights ca...
Cathie Wood Watch: Ark Dives Further Into Tesla
Famed money manager Cathie Wood of Ark Investment Management has been snapping up shares of her favorite young technology stocks as they tanked over the past year. Tesla (TSLA) – Get Free Repor...
Opinion: Three value-stock investors favor these six picks for a rocky 2023
Analysts expect value stocks to maintain outperformance over growth stocks as interest rates rise and the economy falters. To find some of the best value names to consider, I recently checked in with ...
Fanatics is divesting its 60% stake in NFT company Candy Digital
Michael Rubin’s sports platform company Fanatics is divesting its 60% stake in NFT company Candy Digital, according to an internal email obtained by CNBC. Fanatics, who previously held the major...
Rivian stock hits 52-week low after company misses 2022 production target
Employees work on an assembly line at startup Rivian Automotive’s electric vehicle factory in Normal, Illinois, April 11, 2022. Kamil Krzaczynski | Reuters Shares of Rivian Automotive notched a ...
World Economic Forum Believes Crypto Will Remain Key Technology – Blockchain Bitcoin News
The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem. Dante Disparte, CSO of Circle, in an article published for th...
Microsoft Stock: Here’s When to Buy the Dip
Yesterday, Apple (AAPL) – Get Free Report and Tesla (TSLA) – Get Free Report were getting hit. Now it’s Microsoft’s (MSFT) – Get Free Report turn. Shares of the megacap soft...
Opinion: Here are the chip companies that should benefit the most from the government’s massive incentives
The pandemic created enormous challenges for semiconductor companies. Unprecedented demand drove up prices and backlogs for chips and equipment as supply chains faltered. At the same time, concerns gr...
Microsoft Gets a Buy Rating. Artificial Intelligence Could Be a Game Changer.
Microsoft ‘s investment in artificial intelligence is underappreciated by the market, according to analysts at Davidson which has initiated coverage of the technology giant with a Buy rating. Microsof...