The market really took Federal Reserve Chair Jerome Powell’s words at face value on Tuesday. Short-term yields rose, and the stock market slumped, with this comment: recent data suggest “the ultimate ...
Tag: Technology
Payments Technology Firm Nuvei Q4 Crypto Revenue Drops 58% From Year Ago
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Nutanix stock drops as results trigger fear of ‘the cockroach theory’
Nutanix Inc. shares fell Tuesday after incomplete results and the disclosure of an investigation into reported costs led one analyst to voice concern about “the cockroach theory.” Nutanix NTNX, -7.89%...
CrowdStrike Earnings Show It’s a Top Cybersecurity Stock, Analyst Says
CrowdStrike’s strong fourth quarter earnings and upbeat guidance underlines its status as one of the top performing software security names, according to one analyst. D.A. Davidson analyst Rudy Kess...
B2Broker builds partnerships offering cutting-edge technology and solutions
With vast experience in the financial technology sector, B2Broker provides financial services businesses with the resources to thrive. The comprehensive selection of transferable solutions and industr...
CrowdStrike stock rallies as forecast shows confidence in new approach
CrowdStrike Holdings Inc. shares rose in the extended session Tuesday after the cybersecurity company’s earnings and outlook beat Wall Street, and executives said they are targeting the tough-to-close...
Grayscale Bitcoin Fund Soars as Judges Sound Skeptical of SEC’s Arguments on ETF
Grayscale Investments for years has fruitlessly sought to convert its flagship product—the world’s largest Bitcoin fund at $14 billion—into an exchange-traded fund, most recently suing the Securities ...
Blockchain Technology: What is it and how secure is it?
-Blockchain technology is generally considered to be highly secure due to its unique design features. -Blockchain maintains large scale records of transactions encapsulated in several layers of data s...
BlackBerry Stock Dives on Latest Numbers as Revenue Forecast Disappoints
BlackBerry stock tumbled Tuesday, the morning after the Canadian cybersecurity firm released preliminary fiscal-year figures that disappointed Wall Street. The company said Monday evening that it expe...
Rivian to raise $1.3 billion amid EV demand concerns
The Rivian name is shown on one of their new electric SUV vehicles in San Diego, U.S., December 16, 2022. Mike Blake | Reuters Rivian Automotive plans to raise $1.3 billion in cash via a sale of conve...
Slowing losses, new military contract
BlackSky at New York Stock Exchange, September 13, 2021. Source: NYSE Satellite imagery specialist BlackSky announced fourth-quarter results on Tuesday that show the company further trimming losses an...
U.S. stock futures inch higher ahead of Powell testimony
U.S. stock futures were a touch firmer on Tuesday, though trading was muted ahead of testimony by Federal Reserve Chairman Jerome Powell. How are stock-index futures trading S&P 500 futures ES00, ...
How to Choose the Best Universities to Study Blockchain Technology Courses – Cryptopolitan
Blockchain technology is becoming an increasingly important part of the business world. Higher education institutions are responding with innovative programs to prepare students for successful careers...
How Blockchain Technology Is Transforming the Travel and Tourism Industry
HodlX Guest Post Submit Your Post Secure and reliable transactions are crucial when it comes to the travel sector. It is particularly pertinent, given the numerous international transactions occurr...
As chip sales dry up, Nvidia CFO says spending on AI will save companies money
Nvidia Corp.’s financial chief reasons that the efficiencies businesses need are not from spending less money, but from spending more on technologies like artificial intelligence, even as chip sales d...
Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents – Technology Bitcoin News
The Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the E...
Paramount considers BET Media majority stake sale
Shari Redstone, chairwoman of ViacomCBS and president of National Amusements, and Bob Bakish, President and CEO of ViacomCBS, celebrate their company’s merger at the Nasdaq MarketSite in New Yor...
Europe’s Future Success Requires Reinvention
The world is going through a massive transformation. According to our Global Disruption Index based on socioeconomic, geopolitical, climate, consumer and technology factors, the world saw a 200% disru...
Lordstown Motors (RIDE) Q4 2022 results, EV deliveries, cash
Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, May 15, 2021. Dustin Franz | Bloomberg | Getty Images Lordstown Motors said Monday that it still had more than $220...
Apple’s stock surges again after Goldman says to buy, citing nearly 30% upside potential
Shares of Apple Inc. surged toward a third straight gain Monday after Goldman Sachs analyst Michael Ng urged investors to buy, as a growing installed base of users, which encourages repeat purchases, ...
Altria deepens push into vape biz with two deals
Altria Group Inc. said Monday it would buy e-vapor company NJOY Holdings Inc. for $2.75 billion in cash, its second deal in recent days in the smokeless-tobacco space. Altria MO, +0.59% said the trans...
Lordstown Motors’ Sales Were Dreadful. The Stock Is Rising Anyway.
Sales and earnings from electric vehicle start-up Lordstown Motors show just how hard it has been to launch a new electric truck. Results look rough, but the beaten-up stock is rising in early trading...
Why the stock-market rally can keep going, says Morgan Stanley strategist who only recently warned of a death zone
On the heels of last week’s losing-streak breaking rally, investors look headed for the sidelines on Monday. Apart from an underwhelming growth forecast from China over the weekend that’s knocking oil...
Tesla, Apple, Ciena, and More Stock Market Movers
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Occidental Petroleum’s stock rises after Buffett boosts stake, CrowdStrike after earnings beat
These were some of the biggest movers and shakers in premarket trading Wednesday: Stock gainers: Occidental Petroleum Corp.’s stock OXY, -1.35% rose almost 3% premarket after filings disclosed that Wa...