Tag Archives: tech

Google and its rivals are wielding a new weapon in the battle for cloud-computing market share: big-dollar investments in companies that agree to sign on to their services. With Thomas Kurian serving as cloud chief executive since 2019 after a long tenure at Oracle Corp. , the Alphabet Inc. unit has been tapping its $142 billion treasure chest of cash to make it more attractive to customers. Google has taken… Source link

Stock futures opened slightly higher Thursday evening after a rout in technology stocks earlier during the regular trading day, as investors turned away from growth stocks in anticipation of tighter monetary policy next year. Contracts on the S&P 500 ticked up. Earlier, the index closed lower, with the tech-heavy information technology and consumer discretionary sectors leading the way lower. The Nasdaq underperformed to drop 2.5% to give back all gain after a rally on Wednesday. The Dow… Source link

The Paige Bueckers-less UConn Huskies may be in trouble. No. 3 UConn fell to Georgia Tech 57-44 on Thursday night in their first game without Bueckers, who suffered a tibial plateau fracture and is expected to miss six-to-eight weeks. That loss snapped a number of records and streaks for UConn. Georgia Tech is now the first team to hold UConn to less than 45 points in a single game since 2006, and the Yellow Jackets are the first unranked team to beat the Huskies since 2012 — which snapped a… Source link

Jim Cramer: Buying the tech dip is a mistake when these 4 stocks offer ‘easier money’ After last week’s omicron-triggered selloff, many stocks are trading well below their 52-week highs — particularly in the technology space. But doing the obvious and buying the dip on your favorite tech companies could mean missing out on “easier money,” Jim Cramer says. “I’d rather find companies that did well in earnings season and got trampled on unjustly in the last few weeks because they… Source link

(Bloomberg) — China is planning to ban companies from going public on foreign stock markets through variable interest entities, according to people familiar with the matter, closing a loophole long used by the country’s technology industry to raise capital from overseas investors. Most Read from Bloomberg The ban, intended in part to address concerns over data security, is among changes included in a new draft of China’s overseas listing rules that may be finalized as soon as this month,… Source link

Wharton’s Jeremy Siegel warns that stocks could drop 10% as soon as December — hold fast with these 3 ‘conservative’ tech picks The stock market could suffer a 10% correction as early as December if the Federal Reserve starts cracking down on inflation, a respected author and professor of finance says. With inflation hitting a 30-year high of 6.2% in October, Jeremy Siegel expects the Fed will finally roll up its sleeves at its next meeting. That could mean the end of low interest… Source link

A few years ago, the words ‘ultrafast grocery delivery’ would not have appeared together in the same sentence. Now, the sector is rapidly establishing itself as the third big disruptor of the grocery landscape since the 2008 financial crisis, following the revolutions ushered in by discounters and the proximity format. … Source link

A few years ago, the words ‘ultrafast grocery delivery’ would not have appeared together in the same sentence. Now, the sector is rapidly establishing itself as the third big disruptor of the grocery landscape since the 2008 financial crisis, following the revolutions ushered in by discounters and the proximity format. … Source link

A few years ago, the words ‘ultrafast grocery delivery’ would not have appeared together in the same sentence. Now, the sector is rapidly establishing itself as the third big disruptor of the grocery landscape since the 2008 financial crisis, following the revolutions ushered in by discounters and the proximity format. … Source link

The Russian tech giant Yandex, in collaboration with Grubhub, has begun offering its food delivery service at the Arizona State University campus, using for the first time in the United States the state-of-the-art robots it has developed for such end, he pointed the signature through a statement. According to the company, known as ‘Russian Google’, the food will be distributed by autonomous vehicles characterized by a more functional design, greater capacity and better performance, in… Source link