The semiconductor, or chip, industry is perhaps one of the most important and complex sectors in the stock market to understand. Chips are in everything from our smartphones to cars and to all facets ...
Tag: Technology
Mortgage Giant Rocket Plunges Back to Earth, Hit by Rising Rates
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SpaceX launches Falcon Heavy rocket on Space Force mission
[The webcast is scheduled to begin at 9:26 a.m. ET. Please refresh the page if you do not see the video player above.] Elon Musk’s SpaceX on Tuesday is set to launch the first Falcon Heavy missi...
What Rishi Sunak as PM means for the UK crypto industry
U.K. Prime Minister Rishi Sunak at 10 Downing Street. Dan Kitwood | Getty Images U.K. cryptocurrency firms and investors have high hopes that new prime minister Rishi Sunak could turn around Britain&#...
Hungary And Thailand Set To Test Blockchain Technology
Blockchain technology has gained traction recently through the advent of cryptocurrency. With the increased popularity of crypto assets, the technology records more applications over time. Recently, T...
Jeep Quietly Leaves Huge Market
It is an adventure that ends in total anonymity. Jeep, the iconic all-terrain brand in the automotive industry, has just quietly left one of the most important automotive markets: China. The Asian gi...
Apple’s Big Problem Gets Bigger
Apple (AAPL) has been one of the big surprises of the current quarterly earnings season so far. The manufacturer of the iPhone and the iPad managed to thwart the most optimistic forecasts during th...
Apple and Microsoft market caps reached their largest spread on record — at roughly Tesla’s entire valuation
The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more t...
Terran Orbital stock rises after Lockheed Martin invests $100 million
The company’s banner above the New York Stock Exchange on March 28, 2022. Terran Orbital Shares of spacecraft manufacturer Terran Orbital rose Monday after the company added $100 million via an ...
Retail, trimming, Qualcomm and Wynn
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 Monday’s key moments. Retail stocks to watch Trim...
Massachusetts wind power project ‘no longer viable’: developer
Offshore wind farm. davee hughes uk | Moment | Getty Images The developer for a major offshore wind power project in Massachusetts has asked state regulators to pause review of the contract for one mo...
TuSimple CEO fired over improper ties to Chinese firm Hydron
TuSimple, partly owned by UPS, makes self-driving trucks, a technology that may be among the innovations to help lower longer-run inflation in the transport sector. Source: TuSimple Self-driving truck...
TuSimple Stock Plunges After Firing CEO Amid Probe Into China Ties
Updated at 9:10 am EST TuSimple Holdings (TSP) shares plunged lower Monday after it fired CEO Xiaodi Hou following weekend reports that the self-driving truck company is facing a series of federal p...
JPMorgan Chase unveils payments platform for landlords and tenants
A JPMorgan logo displayed on a smartphone. Omar Marques | SOPA Images | LightRocket via Getty Images JPMorgan Chase is betting that landlords and tenants are finally ready to ditch paper checks and em...
The S&P 500 can get to 4,150 before ‘reality sets in,’ says Morgan Stanley’s normally bearish top strategist
We’re almost through one of the most feared months of trading, which as it turns out, is set to deliver the best return for the Dow industrials since 1976, and best month since July for the S&P 50...
Bitcoin volatility has eased but that’s not a bad thing
Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration Dado Ruvic | Reuters Bitcoin’s lack of volatility lately isn’t a b...
Want to book a flight but pay for it next year? Here’s how it works
Travel demand is still picking up, and so are the prices of flight tickets. Surging prices are causing some to cut back on spending, but others are finding new ways to pay for their holiday plans. Mo...
Stocks Poised to Fall Monday
U.S. stocks are poised for a slightly lower open on Monday ahead of another busy week of earnings and the Federal Reserve’s latest decision on interest rates on Wednesday. At 6:22 p.m. Eastern time Su...
Rethinking China: Xi’s Power Play Could Bring Down Stocks Even More
Chinese stocks have lost roughly half their market value, or almost $1.5 trillion, over the past two years. But the damage may not be over as investors reassess their China allocations after President...
An American Helped Build a Business Inside China. Clients Want Him to Leave.
It took Jacob Rothman two decades to build a Chinese manufacturing business with his friends and family. Now the 49-year-old American executive says customers want him to make some of his grilling too...
Apple Stock Jumps on Earnings but Faces Key Test on the Chart
Apple (AAPL) helped lend some stability to the Nasdaq last night when it reported earnings after the close. Now it’s doing so on Friday. Big tech has not reacted well to earnings this week and Amazo...
SoFi stock rockets as earnings deemed ‘outstanding’
Shares of SoFi Technologies Inc. were flying higher in premarket trading Tuesday after the financial-technology company posted results that were dubbed “outstanding” by one analyst. Though the company...