PayPal stock slips after downgrade: ‘Hard to ignore e-commerce woes’

PayPal Holdings Inc. PYPL shares have a “supportive” valuation after a recent slide, but the company may still face challenges stemming from pressure on the e-commerce industry, according to an analys...

NFL will select new Sunday Ticket partner by fall, Commissioner Roger Goodell says

NFL Commissioner Roger Goodell during the NFL Football match between the Miami Dolphins and Indianapolis Colts on October 3rd, 2021 at Hard Rock Stadium in Miami, FL. Andrew Bershaw | Icon Sportswire ...

Want to Hide Out in Tech? Buy IBM Stock, Morgan Stanley Says.

Text size IBM stock has outperformed the broader market this year. Andreas Arnold/Bloomberg One of the best-performing tech stocks in 2022 has been IBM , as the company continues to show progress on a...

How will mortgage industry be transformed with Blockchain technology 

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Huobi Technology to Expand in the U.S. as It Bags MSB License – crypto.news

According to a Twitter post by Wu Blockchain on Tuesday, 5th July, Huobi stated its subsidiary, HBIT Inc., has obtained the U.S. Financial Crimes Enforcement Bureau’s (FinCEN) Money Service Business R...

‘The Web3 Vision Is Correct, The Technology To Make It Happen Needs To Get Built,’ Says Ex-Google CEO Schmidt ⋆ ZyCrypto

Advertisement &nbsp &nbsp Ex-Google CEO Eric Schmidt has expressed support for Web3 and cryptocurrencies but believes the sectors need more polishing to deliver bleeding-edge ...

Upstart stock plunges again after admitting it won’t hit disappointing forecast

Upstart Holdings Inc. disappointed investors with its guidance in May, and faces Wall Street’s wrath once again after admitting Thursday it came up well short of the mark. Upstart UPST, +1.96% disclos...

GameStop fires its CFO and announces layoffs as part of aggressive turnaround plan

GameStop has fired its Chief Financial Officer, Mike Recupero, and is making staff cuts across departments as part of an aggressive turnaround plan, the videogame retailer announced Thursday. Recupero...

Anytickets And The Rise Of The Tertiary Ticket Market

From left: Marcus Stern, Chris Bonner and Deric Margolis the shareholders of Anytickets. Lundy Barrey How is it that Anytickets, a company you’ve never heard of can project $200 million in annual tick...

Wayfair and Overstock Could Soar if Biden Cuts Tariffs on Imports From China

Text size About half of Wayfair and Overstock’s vendors are based in China. Gabby Jones/Bloomberg A reduction of tariffs on goods from China would likely significantly boost the bottom lines for...

Cathie Wood Watch: Ark Buys Shares of Health Tech Company

Renowned investor Cathie Wood, chief executive of Ark Investment Management, bought shares of a medical imaging equipment producer Wednesday, along with some familiar names. All valuations below are a...

A Dynamic Duo of Young Billionaires to Prevent Crypto from Collapsing

On July 4th, Changpeng Zhao tweeted a photo of himself standing before the Statute of Liberty.  “Happy July 4th! 20 years ago (2002), this nerdy boy arrived in New York to work at Bloomberg, jus...

U.S. to probe self-driving car crash involving GM-backed Cruise

A robot car of the General Motors subsidiary Cruise is on a test drive in 2019. Andrej Sokolow | picture alliance | Getty Images Federal vehicle safety regulators will investigate a crash last month i...

Toyota Loses Big Advantage to Tesla and GM

Toyota  (TM) – Get Toyota Motor Corporation Report is on one knee.  The Japanese automaker has enjoyed a big advantage for a long time, enabling it to seduce consumers interested in less polluti...

GameStop Will Split Its Stock. What Amazon and Google Suggest Happens Next.

Text size GameStop’s stock split will take effect this month. Justin Sullivan/Getty Images GameStop was flying on Thursday, but this time it was a stock split—and not a meme-driven frenzy—sendin...

Tesla Stock Today: Elon Musk’s Twins, EV Charging and What Else to Know

Text size It was revealed that Tesla CEO Elon Musk had twins last year with one of his top executives. Getty Images Shares of electric vehicle maker Tesla rose 1% in premarket trading Thursday. Here’s...

Chipotle’s $50 million search for the future of fast food

Chipotle is testing out an autonomous kitchen assistant, Chippy, which offers a robotic solution for making chips in restaurants. Courtesy: Chipotle The lengthy lunchtime lines at Chipotle Mexican Gri...

EV Tax Exemption And Policy Support Lift Clean Technology Ecosystem

China Last Night KraneShares Key News Asian equities rebounded yesterday, with yesterday’s worst performers among today’s best performers as Taiwan gained +2.51% and South Korea gained +1.84%. China a...

Netflix Q2 Subscriber Losses Could Be Worse Than Forecast, Analyst Warns

Text size The Netflix logo on top of its office building in Hollywood. Chris Delmas/AFP via Getty Images It’s now been almost three months since Netflix shocked investors with a very ugly first-quarte...

Virgin Galactic contracts Boeing subsidiary for aircraft ‘motherships’

A conceptual rendering of the company’s carrier aircraft, also known as a “mothership.” Virgin Galactic Space tourism company Virgin Galactic on Wednesday announced a deal with Boein...

Rivian says it’s still on track to build 25,000 EVs in 2022

Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric-vehicle startup Rivian Automotive said it produced more t...

Netflix announces ‘Stranger Things’ spinoff, Duffer Brothers form Upside Down Pictures

(L-R) Matt Duffer and Ross Duffer attend Netflix’s Stranger Things ATAS Official Screening at Raleigh Studios Hollywood on May 27, 2022 in Los Angeles, California. Emma Mcintyre | Getty Images E...

S&P 500, Nasdaq book 3rd day of gains after Fed minutes point to another big rate increase this month to tackle inflation

U.S. stocks end higher Wednesday after minutes of the Federal Reserve’s June policy meeting signaled another big interest rate-hike is likely later this month despite the risk of slowing economic grow...

Amazon and Grubhub Strike Deal to Bring Restaurant Delivery to Prime Members

Amazon.com agreed to add Grubhub to its suite of Prime services in the U.S., in a deal aimed at expanding the food-ordering company’s reach by tapping Amazon’s membership program. Grubhub’s parent, Ne...

‘The Makeline Of The Future:’ Automated Pizza Technology Expands To More College Campuses

Picnic Works recently expanded its partnership with Chartwells Higher Education to expand its … [+] automated pizza technology to several college campuses. Picnic Works Picnic Works recently exp...

Warren Buffett-backed BYD surpasses Tesla in global EV sales a decade after Elon Musk doubted the Chinese company’s technology

BYD, the Chinese electric vehicle firm partly owned by Warren Buffett’s Berkshire Hathaway, became the world’s largest electric vehicle maker in the first half of 2022, wrestling the title from ...

In a worrisome sign for e-commerce, Kornit Digital slashes forecast and stock plunges 20%

In a sign of continuing worries about e-commerce activity, Kornit Digital Ltd. slashed its forecast for the second quarter Tuesday and suggested the third quarter isn’t expected to be much better, sen...

Crypto firm Voyager Digital files for Chapter 11 bankruptcy protection

Voyager said it has roughly $1.3 billion of crypto on its platform and holds over $350 million in cash on behalf of customers at New York’s Metropolitan Commercial Bank. Justin Sullivan | Getty ...

VSR Supported By Lamborghini Squadra Corse Implement Corporate NFT Technology With Go2NFT

Altrincham, United Kingdom, 6th July, 2022, Chainwire Vincenzo Sospiri Racing, a multi-Championship winning GT team with support from Lamborghini Squadra Corse, has today become the first motorsports ...

Investor delivers new tech ‘bubble’ warning

The recent tech rally may be doomed. Money manager Dan Suzuki of Richard Bernstein Advisors warns the market is far from bottoming — and it’s a concept investors fail to grasp, particularly when...

Trading Nvidia and Chip Stocks: Here Are the Charts

Semiconductor stocks have not been doing well lately. Generally speaking, a bear market in U.S. equities and a particularly vicious bear market in growth stocks and tech stocks have dealt a painful bl...

Alibaba Stock Is Rising Again. Why Chinese Tech Could Keep Outperforming.

Text size Alibaba stock had a tough run in 2021. Greg Baker/AFP via Getty Images Alibaba  lost almost half of its market value last year while the S&P 500 gained more than 25%, disappointing inves...