Text size Most SPAC-related stocks, including Virgin Galactic, haven’t been soaring in recent months. Courtesy Virgin Galactic Sometimes the best time to look for new investment ideas are when t...
Tag: Technology
Former NASA administrator Jim Bridenstine joins Phase Four board
Jim Bridenstine, administrator of the National Aeronautics and Space Administration, speaks during a Senate hearing on Sept. 30, 2020. Bloomberg | Bloomberg | Getty Images Former NASA Administrator Ji...
Tesla Stock Takes Hit From Nvidia’s Warning About Business With China
Text size Production at Tesla’s Shanghai Gigafactory could face another supply problem in coming months. Xiaolu Chu/Getty Images Nvidia ’s new chip problem can impact shares of some chip custome...
SpaceX wins $1.4 billion NASA contract for 5 more astronaut missions
The SpaceX Falcon 9 rocket, carrying astronauts Doug Hurley and Bob Behnken in the Crew Dragon capsule, lifts off from Kennedy Space Center, Fla., on Saturday, May 30, 2020. The SpaceX Demo-2 mission ...
L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration – Technology Bitcoin News
The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitr...
C3.ai Stock Tumbles. It Sees Lower Revenue and Is Changing Business Models.
Text size Software provider C3.ai is shifting to a consumption-based business model like Amazon Web Services. Dreamstime Artificial intelligence software company C3.ai slashed its revenue outlook and ...
Nvidia Stock Drops as U.S. Limits Exports to China. ‘Military End Use’ Is Key.
Text size Nvidia’s A100 chips ae used in data centers for high-performance applications such as artificial intelligence. Courtesy NVIDIA Nvidia can’t catch a break. Late Wednesday, the chip make...
Nvidia Warns of Sales Hit from New U.S. Chip Licensing Requirements For China
Listen to article (2 minutes) Nvidia could lose as much as $400 million in quarterly sales after the U.S. imposed new licensing requirements on shipments of some of its most advanced chips to China, t...
India’s Gautam Adani Becomes World’s Third-Richest person
Elon Musk-Jeff Bezos; Jeff Bezos-Elon Musk: this is the duo that has dominated the ranking of the biggest fortunes in the world for two years now. The Tesla (TSLA) co-founder and Amazon (AMZN) fo...
Stricter standards needed for carbon offsets, several House reps urge
Riverside industrial pulp mill showing smokestacks and stream releases as the facility operates on a sunny afternoon. Education Images | Universal Images Group | Getty Images Several House Democrats t...
Opinion: Don’t forget that the big money in stocks is usually made during down markets
The VanEck Semiconductors ETF SMH, -0.90% is down 12%. The Nasdaq Composite Index COMP, -0.29% is down 9%, and the S&P 500 SPX, -0.47%, the Dow Jones Industrial Average DJIA, -0.58% and the Russel...
Bosch $200 million investment fuel cells South Carolina
The Robert Bosch GmbH logo sits on the exterior of Messe Stuttgart exhibition center as automobiles pass in Stuttgart, Germany, on Monday, July 18, 2016. Michael Nagle | Bloomberg | Getty Images Germa...
I shared expenses 50/50 with a friend on vacation. She wants me to split the cost of her credit card’s foreign-transaction fees. Is that sharp practice?
Dear Quentin, I recently took a trip to another country with a friend. We agreed to share expenses. When they presented their list of expenses, they included a foreign transaction fee charged by the c...
Buterin makes the case for alternative stablecoin technology in high inflation environment
Vitalik Buterin said the cryptocurrency industry would benefit from developing new forms of stability away from dollar-pegged stablecoins. Responding to Coinbase CEO Brian Armstrong, who asked if ther...
Klarna losses triple after aggressive U.S. expansion and mass layoffs
The logo of Swedish payment provider Klarna. Thomas Trutschel | Photothek | Getty Images Klarna on Wednesday reported a dramatic jump in losses in the first half, adding to a deluge of negative news f...
AMD’s Aggressive Chip Pricing Will Help It Beat Intel, Says Analyst
Text size A Ryzen 7000 Series desktop processor will start at $299. AMD Advanced Micro Devices will grab even more market share if Wedbush is on the money about the chip maker’s latest lineup of proce...
Three Ways How Blockchain Technology Is Already Changing The Lives Of Thousands Of Workers In Emerging Countries
The rise of the internet made the world feel like a smaller place. Economic globalization allows companies to source talent in all parts of the world, giving billions of people the opportunity to part...
Baidu claims its robotaxis have grabbed 10% of a ride-hailing market
Chinese tech giant Baidu’s robotaxis have grabbed about 10% of the ride-hailing market in a Beijing suburb, the company said Tuesday Vcg | Visual China Group | Getty Images BEIJING — In less tha...
Chip stocks could plunge another 25% as ‘we are entering the worst semiconductor downturn in a decade,’ analyst says
After a rough few months for semiconductor stocks, one Wall Street analyst expects the pain to continue and predicted Tuesday that “we are entering the worst semiconductor downturn in a decade.” In a ...
NASA Artemis 1 moon mission update: Saturday launch attempt
NASA’s next-generation moon rocket, the Space Launch System (SLS) rocket with its Orion crew capsule perched on top, as it stands on launch pad 39B in preparation for the unmanned Artemis 1 mission at...
CrowdStrike Earnings and Guidance Beat Estimates
Text size CrowdStrike’s strong earnings and guidance are a boon for the cybersecurity-software sector. Michael Vi/Dreamstime CrowdStrike posted better-than-expected results for its fiscal second...
HP Enterprise’s Earnings Match Forecasts. The CEO Sees ‘Enduring Demand.’
Text size The strength of the dollar hit revenue far harder than HP Enterprise expected at the start of the year. Dreamstime Showing resilience in the face of a difficult economic environment and grow...
ChargePoint Earnings Are Today. What to Expect.
Text size ChargePoint has grown sales faster than it expected. Bing Guan/Bloomberg ChargePoint has had a flurry of good news. That raises the bar for the electric-vehicle charging company’s quarterly ...
Royal Caribbean partners with SpaceX’s Starlink for onboard internet
Royal Caribbean International’s Anthem of the Seas cruise ship calls at Greenock port on July 22, 2021 in Greenock, Scotland. Jeff J Mitchell | Getty Images Royal Caribbean Cruises will begin of...
Singapore may adopt tougher rules for retail crypto market
The Monetary Authority of Singapore may adopt stricter rules for retail crypto market participants, managing director Ravi Menon said Monday. The city-state’s de facto central bank sought to dif...
Okta stock falls despite increased forecast, earnings beat
Okta Inc. shares fell in late trading Wednesday despite revealing an increase in the software company’s annual outlook and reporting a better quarter than Wall Street expected. Okta OKTA, +0.26%, whic...