Tag Archives: invest

Movus / Getty Images Bitcoin recently climbed to a record high, and many investors are taking another look at cryptocurrency as an investment vehicle. While the long-term outlook for crypto remains unclear, it appears to be here to stay in some form or another. One challenge when investing in this space is the sheer variety available — should you invest in cryptocurrency itself, companies involved in crypt, or both? Two obvious choices are Bitcoin and the crypto exchange Coinbase. Here’s… Source link

Microsoft (MSFT) is making a multi-year, multi-billion dollar investment in OpenAI, the company behind the much discussed artificial intelligence-powered chatbot, ChatGPT. The move comes as Microsoft looks to add OpenAI’s capabilities to its own software offerings, giving it a potential edge over competitors ranging from Salesforce (CRM) to Google (GOOG, GOOGL). “We formed our partnership with OpenAI around a shared ambition to responsibly advance cutting-edge AI research and democratize… Source link

Elon Musk fan Cathie Wood seized a sizable chunk of Tesla stock (TSLA) late Wednesday after the stock extended a recent skid to its lowest level in more than two years. ARK Invest, Wood’s investment management firm, snapped up 74,862 shares of the electric-vehicle maker across three of her exchange-traded funds, according to a daily transaction report sent via email. The purchase was valued around $11.7 million, based on Wednesday’s closing price of $156.80. The snap-up by ARK also comes… Source link

Amazon (AMZN) is betting big on the theatrical experience. The tech giant plans to invest $1 billion to produce 12 to 15 movies a year exclusively for theaters, according to a new report from Bloomberg. That spending would be roughly on par with major film studios like Paramount Pictures (PARA), Bloomberg noted. The report sent shares of theatrical giants like AMC (AMC) and Cinemark (CNK) higher on Wednesday, gaining 4.4% and 12.5%, respectively. Amazon did not immediately respond to Yahoo… Source link

There are different types of stocks you can invest in. Some are more volatile than others, and some might not be as risky as they seem. There are times when investing in stocks becomes rather troublesome – such as during a recession or after a stock market crash. But even with all the risks that come with investing in stocks, there are still many safe stocks to buy. Safe stocks to buy should have low volatility (even if you’re investing with a high risk tolerance). They should… Source link

Oct 7 (Reuters) – Alphabet Inc’s (GOOGL.O) Google plans to invest a total of 100 billion yen ($690.13 million) in Japan through 2024, its Chief Executive Officer Sundar Pichai told Nikkei in an interview on Friday. Google will open a data centre in Chiba Prefecture near Tokyo next year — its first in Japan — which will provide faster and more stable access to Google’s services, the publication reported further. Google did not respond to a Reuters’ request for comment. ($1 = 144.9000 yen)

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, September 28, 2022 Today’s newsletter is by Ethan Wolff-Mann, senior writer at Yahoo Finance. Follow him on Twitter @ewolffmann. The Dow fell below the 20% mark on Monday, joining the S&P 500 in bear market territory and capping off an abysmal slide since the peak at the end of 2021. The boom that followed March 2020’s COVID crash is… Source link

Michl Binderbauer, CEO of TAE Technologies Photo courtesy TAE Technologies Google and Chevron are part of a $250 million funding raise announced Tuesday for TAE Technologies, a nuclear fusion startup with an unconventional strategy that has now raised a total of $1.2 billion. Nuclear fusion is often referred to as the holy grail of clean energy because of its promise of generating nearly unlimited emission-free energy without the equivalent harmful, long-lasting radioactive waste that nuclear… Source link

There’s a “hurricane” coming for the U.S. economy, and investors should brace themselves for more volatility. At least that’s what JPMorgan Chase CEO Jamie Dimon said earlier this month at an annual conference sponsored by AllianceBernstein. Dimon, often considered the voice of the banking industry, is just one of many Wall Street titans painting a less-than-rosy economic picture. From hedge fund billionaire Leon Cooperman to Morgan Stanley’s CEO James Gorman, bearish predictions… Source link

Google will invest $1.2 billion over five years in Latin America to support digital investment and skills, CEO Sundar Pichai announced Thursday. Why it matters: The investment shows Latin America’s increasing importance as a market for digital growth. Driving the news: In a blog post, Pichai said the funding will be used for digital infrastructure, online training programs, and supporting start-ups and nonprofits. Google, which is building a subsea cable that will run from the U.S. to Argentina… Source link