Alibaba stock was on a tear Wednesday amid signs that the tough regulatory landscape for Chinese tech stocks—one of two key headwinds facing the sector—is improving. Progress has put investors on a bu...
Tag: Technology
Jim Cramer’s Investing Club meeting Wednesday Oil, Morgan Stanley
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Stay bullish on oil Look...
Coinbase settles with New York financial regulator for $100 million
Coinbase signage in New York’s Times Square during the company’s initial public offering on the Nasdaq on April 14, 2021. Robert Nickelsberg | Getty Images Coinbase settled a case with New...
Tesla Rival Rivian Narrowly Misses Its Bet
It’s a horrible year that ends on a false note. But this is not really a surprise either for investors or for Rivian shareholders. The upstart, seen as one of Tesla’s most serious rivals...
Upstart Chinese electric car brand delivered more cars than Nio in 2022
A pink Nezha V and black Nezha U Pro electric car models are on display at a store in Shanghai on Nov. 7, 2021. Costfoto | Future Publishing | Getty Images BEIJING — Another budget-priced electric car...
Nvidia in Pact With Foxconn to Build Autonomous Cars
Getting a jump on the parade of announcements to come at this week’s CES tech trade show in Las Vegas, the graphics and AI chip company Nvidia gave an unofficial virtual keynote presentation Tuesday m...
Crypto technology will shift toward ‘steadier hands’ in 2023: Circle CSO
Circle’s chief strategy officer and head of global policy, Dante Disparte, believes that the turmoil in the crypto sector over the last year could mark the handover of crypto technology to more ...
Nvidia, AMD, Marvell, and Micron Stock Are ‘Best Ideas’ for 2023
After a particularly challenging year for semiconductor stocks, Marvell Technology and three other chip companies look like buys to analysts at Rosenblatt. Stocks in the sector fell hard last year as...
Regulators warn U.S. banks on crypto risks including ‘fraud and scams’
Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade to the ethereum blockchai...
Sam Bankman-Fried pleads not guilty to fraud charges in New York
Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Ed Jones | AFP | Getty Images...
These Four Chip Stocks Are ‘Best Ideas’ for 2023
After a particularly challenging year for semiconductor stocks, Marvell Technology and three other chip companies look like buys to analysts at Rosenblatt. Stocks in the sector fell hard last year as...
Tesla Stock Slumps As JPMorgan Sees Margin Issue On Q4 Deliveries
Tesla (TSLA) – Get Free Report shares moved lower Tuesday, following on from their worst annual performance on record, after softer-than-expected fourth quarter delivery figures and a price tar...
Bitcoin Will Soar to $250,000 in 2023, Says Billionaire Tim Draper
The rout of the cryptocurrency market in 2022 scared away individual investors. The latter had flooded the sector a year earlier in the midst of the crypto craze in the hope of making a quick buck. ...
Dow futures jump more than 300 points as traders start 2023 on a bullish note
U.S. stock futures rose as investors returned from the festive break in a generally bullish mood. How are stock-index futures trading S&P 500 futures ES00, +0.84% advanced 41 points, or 1.1%, to 3...
Cryptocurrency Technology Will Move Toward More “Stable Hands” Says Circle CSO
Editors News Dante Disparte says that the current market conditions will be a boon to the crypto industry. As per Circle CSO, cryptography and blockchain will still be crucial components of the curren...
Cryptocurrency Technology Will Move Toward More “Stable Hands”: Circle CSO
23 mins ago | 2 mins read Bitcoin News Dante Disparte says that the current market conditions will be a boon to the crypto industry. As per Circle CSO, cryptography and blockchain will still be crucia...
Warren Buffett’s Fortune Gains as Elon Musk Fumbles
Warren Buffett’s net worth increased in 2022, and he rose to rank as the fifth richest man in the world. Buffett’s fortune fell by only $1.48 billion, a performance that outpaces four tech...
Five Chinese startups that survived a tough year of Covid lockdowns
A Kennon Robotics robot delivers food at a Haidilao hotpot restaurant in Shanghai on April 7, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — In a year of Covid lockdowns and travel restrictions...
Cathie Wood Watch: Ark Snaps Up More Tesla Shares
Celebrity money manager Cathie Wood of Ark Investment Management, bought shares of her favorite young technology stocks last year as they slid. Ark’s chief executive has been a particularly big buyer ...
Tesla Posts Record Q4 Deliveries, But Misses Street Estimates
Tesla (TSLA) – Get Free Report posted weaker-than-expected fourth quarter deliveries, the carmaker detailed Monday, but still notched a all-time high overall tally for the year amid the biggest...
FTX Collapse: Bankman-Fried May Plead Not Guilty
Sam Bankman-Fried will start 2023 as he ended 2022 — in court. The fallen former king of crypto is at the heart of one of the biggest scandals that the young blockchain-powered financial servic...
EDrive Token: The Next Revolution for Automotive Technology and How Its Ecosystem Will Benefit the Community
Place/Date: Brentford, United Kingdom – January 2nd, 2023 at 11:49 am UTC · 3 min read Contact: EDrive Token, Source: EDrive Token Photo: EDriveToken / Facebook EDrive Token aims to bring innova...
This analyst who forecast a double-digit drop in stocks for 2022 now says Jeff Bezos may return to helm Amazon
If Tuesday was any indication of how the market will behave this year, then buckle up, it looks like it will be a wild one. The Dow Jones Industrial Average DJIA, -0.21% had a 537-point trading range,...