Text size A technician inspects a semiconductor wafer. Kobi Wolf/Bloomberg News last week that Micron Technology expects weak Chinese demand for semiconductors to hit its quarterly results means a ran...
Tag: Technology
How WinnerBlock’s Beta Application Unites Blockchain Technology with Online Gaming
Winner Block, situated in London, England, is a CertiK-audited blockchain-powered online gaming company with an imminent token launch that will serve numerous functions within its expanding ecosystem....
Biden Seems No More Able Than His Predecessors To Stop Beijing’s Technology Thefts
Chinese President Xi Jinping finds an object for laughter. (Photo by Matt Mills McKnight-Pool/Getty … [+] Images) Getty Images America and China have long had a contentious trade relationship. A...
Why driving big rig trucks is a job fewer Americans dream about doing
A Walmart truck departs the company’s distribution center in Washington, Utah. Bloomberg | Bloomberg | Getty Images In April, Walmart made headlines by announcing that it will pay its private fl...
Crypto lender Nexo offers to buy embattled rival Vauld
Bitcoin, the world’s biggest cryptocurrency, is down more than 50% since the start of 2022. Nurphoto | Getty Images Beleaguered cryptocurrency lender Vauld has been thrown a lifeline from larger...
“Global economy can be fixed by digital transformation & blockchain technology,” says H.E. Justin Sun, Ambassador for Grenada to the WTO
H.E. Justin Sun, the founder of TRON, joined the Grenada Government as its WTO Ambassador last December. He talked about some serious issues at the Twelfth Ministerial Conference (MC12) of the World T...
Peter Thiel-Backed Crypto Lender Vauld Suspends Withdrawals
A cryptocurrency lender backed by Peter Thiel and Coinbase Global Inc. suspended withdrawals, trading and deposits on its platform, citing volatile market conditions and financial difficulties facing ...
Bitcoin Prices Struggle Below $20,000. Why Tuesday Could Bring a Bigger Move.
Text size Bitcoin has failed to consistently breach the key $20,000 mark. Ozan Kose/AFP via Getty Images Bitcoin and other cryptocurrencies were largely unchanged on Monday, with digital assets contin...
Here are the China trends investors bet money on so far in 2022
A factory in Suqian, Jiangsu province, China, on May 9, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — By the numbers, manufacturing companies in China snagged the most investmen...
Coinbase Faces A New Scandal
Coinbase Global (COIN) – Get Coinbase Global Inc Report is having a wild week. The cryptocurrency exchange platform confronted a report that it is selling Immigrations and Customs Enforcement a...
Crypto: Hedge Fund Debacle May Ruin Two Prominent Lenders
Two more. The carnage continues in the crypto industry. Two days after Singapore hedge fund Three Arrows Capital (3AC) was forced into liquidation, two of its lenders are being forced to take drastic...
Crypto Took Wall Street on a Wild Ride. Now It’s Ending in Tears.
Cory Klippsten is a big fan of Bitcoin. But his affinity for cryptocurrencies ends there. Klippsten, head of a company called Swan Bitcoin, sees a growing minefield of scams, fraud, and risky products...
Banks Get Burned by Risky Debt, Imperiling Buyout Activity
By Laura Cooper July 3, 2022 9:03 am ET Listen to article (2 minutes) Investment banks are facing big losses on leveraged buyouts they agreed to finance before markets soured, further chilling the out...
Global economy can be fixed by digital transformation & blockchain technology,” says H.E. Justin Sun, Ambassador for Grenada to the WTO
H.E. Justin Sun, founder of TRON, joined the Grenada Government as its WTO Ambassador last December. He talked about some serious issues at the Twelfth Ministerial Conference (MC12) of the World Trade...
Altria’s Dividend Yield Signals Doubts About the Payout. Why It’s Safe.
The FDA’s bid to ban Juul products—like these at a shop in El Segundo, Calif., on a recent day—has weighed on Altria stock. Analysts think Altria, which has a big stake in Juul, will be able to ...
Celsius Customers Are Losing Hope for Their Locked-Up Crypto
It has been three weeks since crypto lender Celsius Network LLC took the drastic step of halting customers’ withdrawals. Many people are starting to wonder if they will ever see their money again. All...
Macro Guru Raoul Pal Predicts How Recession Unfolds, Says Crypto and Technology Only Sectors Outpacing Inflation
Macro guru and Real Vision CEO Raoul Pal is making predictions about a massive wipeout of wealth that he says could bring drastic changes to the financial landscape. Pal tells his 962,500 Twitter foll...
Tesla Deliveries In Focus Following Record Quarterly Stock Slump
Updated at 9:35 am EST Tesla (TSLA) – Get Tesla Inc. Report shares, fresh off their worst quarterly decline on record, trimmed their slump Friday as investors brace for what could be a grim rea...
Tesla Vehicle Deliveries Tumble After China Factory Shutdown
Tesla vehicle deliveries fell quarter-over-quarter for the first time in more than two years, reflecting an extended shutdown in China, supply-chain disruptions and challenges associated with opening ...
Grayscale Bitcoin Trust’s Discount Is Tempting. Why It’s Not a Slam Dunk.
There is a way to buy Bitcoin for nearly a third less than the market price, but investors do so at their peril. That is the broad lesson to draw from the travails of the Grayscale Bitcoin Trust (tick...
Crypto hedge fund Three Arrows files for U.S. bankruptcy
Crypto hedge fund Three Arrows Capital has filed for bankruptcy under Chapter 15 of the U.S. Bankruptcy Code, according to a court filing in the Southern District of New York on Friday. Three Arrows C...
Crypto-Friendly Becomes A Law In U.S: States Wants To Leverage The Growing Technology
Looking at the mainstream adoption of cryptocurrencies, authorities too have realized that these digital assets are something that they can’t ignore anymore as it is seen more and more governments are...
General Mills and Micron Raised Their Dividends. Banks Will Soon, Too.
Text size Justin Sullivan/Getty Images General Mills and Micron Technology declared dividend increases this week, and various large banks announced plans for their disbursements. General Mills (ticker...
Apple Stock Is Under Pressure. Why Its Earnings Could Trigger a Rebound.
Text size Apple stock has fallen 23% so far this year. Getty Images Investors are feeling a little jittery about Apple stock, and for logical reasons. The company’s June quarter earnings report is les...
Shopify Stock Has Tumbled. It’s Still No Bargain, Analyst Warns.
Text size Shopify headquarters in Ottawa, Canada. Dreamstime With Shopify stock down nearly 80% so far this year, some investors might be tempted to bottom fish one of the leading providers of softwar...