Tag Archives: invest

JPMorgan says this cryptocurrency is a better buy than Bitcoin as interest rates rise — here are 3 easy ways to invest

JPMorgan says this cryptocurrency is a better buy than Bitcoin as interest rates rise — here are 3 easy ways to invest Bitcoin may gobble up most of the headlines, but America’s biggest bank says Ethereum, the world’s second-most valuable cryptocurrency, might be the better bet as interest rates start climbing. In a recent report, analysts at JPMorgan state that Ethereum’s growing number of uses — peer-to-peer lending, NFTs, gaming, stablecoins — should help it maintain its value… Source link

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Google Says It Will Invest A$1 Billion in Australia

By Mike Cherney SYDNEY–Alphabet Inc.’s Google said it will invest 1 billion Australian dollars (US$730 million) over five years into Australian infrastructure, research and partnerships, which would be the company’s single-biggest investment in the country. Alphabet and Google Chief Executive Sundar Pichai said the investment will help develop Australia’s digital infrastructure, with a focus on cloud computing. He also said it will include the launch of Google’s first research… Source link

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Cathie Wood just called this technology the ‘next big frontier’ with a market opportunity of $80 trillion — here are 3 easy ways to invest in it

Cathie Wood just called this technology the ‘next big frontier’ with a market opportunity of $80 trillion — here are 3 easy ways to invest in it Cathie Wood believes that she’s found the next big thing in investing — and has the data to back it up. “We were assuming that in the next 10 years, artificial intelligence would deliver, in the enterprise software space, a market cap opportunity of $30 trillion,” the star stockpicker said at a Milken Institute conference last month. “Our… Source link

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Google to invest $1 bln in CME Group, agrees cloud computing deal

The logo of Google is seen in Davos, Switzerland January 20, 2020. 2020. REUTERS/Arnd Wiegmann/File Photo Nov 4 (Reuters) – Alphabet Inc’s (GOOGL.O) Google has invested $1 billion in CME Group (CME.O) and has struck a separate deal to move the exchange operator’s trading systems to the cloud, the companies said on Thursday. Reporting by Manya Saini in Bengaluru; Editing by Krishna Chandra Eluri Our Standards: The Thomson Reuters Trust Principles. Source link

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10 Stocks to Invest in According to Victor Ho’s Yarra Square Partners

In this article, we will look at the top 10 stocks to invest in according to Victor Ho’s Yarra Square Partners. If you want to skip our detailed analysis of Victor Ho’s Yarra Square Partners, then head on over to 5 Stocks to Invest in According to Victor Ho’s Yarra Square Partners. Yarra Square Partners is an American investment firm that focuses on investing in stocks after conducting in-depth, bottom-up research. The firm was founded by its portfolio manager Mr. Victor Ho in 2016, and it… Source link

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Digital Currency Group sees $10 billion valuation as SoftBank, Google invest

Barry Silbert, Founder and CEO, Digital Currency Group  David A. Grogan | CNBC Digital Currency Group is selling shares to SoftBank and Google’s venture capital arm in a deal that values the crypto conglomerate at more than $10 billion.  The Manhattan-based, private company announced a secondary round on Monday, in which existing investors are selling shares to new backers. The $700 million deal was led by SoftBank and included Google’s Capital G and Ribbit Capital, among others.  Digital… Source link

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Google sets up $50M fund to invest in African startups – TechCrunch

Google plans to invest up to $50 million in African early and growth-stage startups via its Africa Investment Fund, ramping up efforts to support more businesses on the continent. Google made known its plans today in a virtual event where CEO Sundar Pichai announced the tech giant’s intentions to commit $1 billion over the next five years in tech-led initiatives in Africa. These initiatives range from improved connectivity via Google’s subsea cable Equiano to investments in small… Source link

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Google to invest $1 billion in Africa over five years

LAGOS, Oct 6 (Reuters) – Google plans to invest $1 billion in Africa over the next five years to ensure access to fast and cheaper internet and will back startups to support the continent’s digital transformation, it said on Wednesday. The unit of U.S. tech company Alphabet Inc (GOOGL.O) made the announcement at a virtual event where it launched an Africa Investment Fund, through which it will invest $50 million in startups, providing them with access to its employees, network and… Source link

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Russia’s Yandex to launch cloud business in Germany, invest $30 million initially | WSAU News/Talk 550 AM · 99.9 FM

MOSCOW (Reuters) – Russian internet firm Yandex plans to launch its cloud business in Germany in 2022, with an initial investment of $30 million, the company said ahead of its annual Yandex.Scale cloud conference on Friday. Yandex.Cloud’s revenue is seen tripling to around 3 billion roubles in 2021 but, having launched in 2018, it remains one of Yandex’s smaller business lines. Group revenue for 2021 is seen at between 330 and 340 billion roubles. “This is a very important step…. Source link

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Russia’s Yandex to launch cloud business in Germany, invest $30 mln initially

The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov/File Photo MOSCOW, Sept 24 (Reuters) – Russian internet firm Yandex (YNDX.O) plans to launch its cloud business in Germany in 2022, with an initial investment of $30 million, the company said ahead of its annual Yandex.Scale cloud conference on Friday. Yandex.Cloud’s revenue is seen tripling to around 3 billion roubles in 2021 but, having launched in… Source link

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