There are few companies with more at stake from Russian natural-gas flows into Germany than the chemicals sector. Shares of chemicals companies including BASF BAS, +2.61%, Lanxess LXS, +3.77% and Cove...
Tag: Technology
Quantum Resistant Ledger: A future-proof blockchain technology platform
Quantum computing is a rapidly-emerged technology that channels the laws of quantum mechanics to solve complex problems, impossible for classical computers to encode. With time, the rise in quantum co...
Celsius Owes Users More Than $4.7 Billion
Celsius Network LLC has a roughly $1.2 billion hole in its balance sheet, with the majority of its liabilities owed to the cryptocurrency lender’s users, according to a Thursday filing by Chief Execut...
Alphabet Stock: What the Charts Say Ahead of 20-for-1 Stock Split
Alphabet (GOOGL) – Get Alphabet Inc. Report (GOOG) – Get Alphabet Inc. Report stock had a nice pop last week but has been struggling over the past few days. The shares are down about 1% ...
Bitcoin Price Could Fall to $13,000 as Crypto Miners Cut Costs
Text size Miners appear to be using less electricity to produce cryptocurrencies. Mark Felix/AFP via Getty Images Bitcoin miners have come under pressure from a one-two punch of rising energy costs an...
Investors put $2.5 billion into companies
A Falcon 9 rocket launches a batch of Starlink satellites to orbit on April 29, 2022. SpaceX Private investment in space companies dwindled in the second quarter — weighed down by broader economic and...
Qualcomm Is a Top Stock Pick on Valuation, Says J.P. Morgan
Text size Qualcomm headquarters in San Diego. Bing Guan/Bloomberg J.P. Morgan believes semiconductor company Qualcomm is getting too cheap to ignore. On Thursday, analyst Samik Chatterjee reiterated h...
‘I just wake up and cry’: Voyager and Celsius bankruptcies have destroyed some crypto investors’ confidence in centralized platforms
Yotsy Ruiz recently bought his first ever crypto hardware wallet — a Nano X from Ledger. He is transferring all his crypto holdings that he can still move to the small physical device which looks like...
Russians flee Putin’s regime after Ukraine war in second wave of migration
A ‘second wave’ of Russians are now formally relocating to countries spanning Europe, the Middle East and Asia after spending time getting their affairs in order. Natalia Kolesnikova | Afp...
GM, EVgo and Pilot Company to build network of U.S. highway EV chargers
General Motors is building out a new network of EV fast chargers in partnership with Pilot Co., owner of the Pilot and Flying J highway travel centers, and EV charging network EVgo. The companies will...
Cathie Wood: Recession Is Already Here; Deflation, Too
Investor Cathie Wood, chief executive of Ark Investment Management, on July 12 reiterated her view that we’re suffering from deflation, not inflation. And she said we’ve already entered recession. The...
Richard Branson takes stake in Lightyear, Europe’s answer to Robinhood
The Lightyear app. Lightyear Lightyear, a European challenger to trading platform Robinhood, has raised $25 million of funding in an investment round backed by British billionaire Richard Branson. Sil...
Taiwan Semi Boosts Revenue Forecast After Topping Earnings Estimates
Text size Photograph by Sam Yeh/AFP/Getty Images Strong demand from auto makers and consumer goods giants helped Taiwan Semiconductor Manufacturing raise revenue forecasts for the year and beat second...
Why the 2022 ‘crypto winter’ is unlike previous bear markets
There’s something about the latest crypto crash that makes it different from previous downturns. Artur Widak | Nurphoto | Getty Images The two words on every crypto investor’s lips right n...
Embattled crypto lender Celsius files for bankruptcy protection
Celsius on Thursday was sued by former investment manager Jason Stone, as pressure continues to mount on the firm amid a crash in cryptocurrency prices. Stone has alleged, among other things, that Cel...
Netflix partners with Microsoft on ad-supported subscription plan
Netflix has named Microsoft as its partner for its ad-supported service, the companies announced Wednesday. “Microsoft has the proven ability to support all our needs as we together build a new ...
Casino CEOs say the industry isn’t yet seeing signs of recession, but is prepared for a pullback
Evan Savar and Nabu Reyes, both of Nevada, play blackjack with dealer Leah Prerost at the Red Rock Resort after the property opened for the first time since being closed on March 17 because of the cor...
Peloton competitor Tonal cuts 35% of jobs ahead of possible recession, IPO
Tonal in-home fitness. Source: Tonal Tonal, the connected fitness equipment maker that counts tennis superstar Serena Williams and Amazon‘s Alexa fund as backers, is cutting 35% of its workforce...
Why the Gaming Economy Should be Decentralized through NFT Technology
The gaming market has gained significant momentum within the past two years as the covid pandemic forced the world to stay indoors. According to projections by Fortune Business Insights, this industry...
Chip Prices Are Plunging. What It Means for Nvidia, Intel, and AMD Stock.
Text size Nvidia got a price-target cut. Dreamstime Susquehanna is getting less bullish about three chip stocks. On Wednesday, semiconductor analyst Christopher Rolland lowered his price targets for N...
For Bitcoin Believers Musk and Saylor, a Reckoning Looms
Billionaires Elon Musk and Michael Saylor shortly are going to be in sharp focus. The first assessments of the potential losses that their big bets on bitcoin have sustained is approaching. Through t...
Opinion: ‘I see buying opportunities.’ How this stock trader with 40 years of experience makes money in a bear market
Howard Kornstein, a professional trader with more than 40 years’ experience in stocks, options and futures, developed and fine-tuned his strategies while facing every imaginable market environment. He...