Adam Jeffery | CNBC FANG stocks (Facebook, Amazon, Netflix and Google) apps on a smartphone. Stock market watchers keep complaining about the breadth of the rally — especially in tech. “The market’s weakness, if it has one, is the concentration of investor monies in one corner of the market: Mega-sized growth stocks, particularly technology,” said MarketWatch a few days ago. ... Read More »
If there’s been any doubt about India being the next major target market for tech businesses, Kleiner Perkins partner Mary Meeker’s latest Internet Trends Report should make that clear as day. The report, which spans 355 pages, dedicates 55 pages solely to the state of internet and mobile access in India. The first major takeaway is that the country now ... Read More »
Tech Mahindras profit fell 33 per cent annually to Rs. 590 crore in Q4. HIGHLIGHTS Tech Mahindra shares fell as much as 17% today It reported 33% decline in March quarter profit on Friday Tech Mahindra is the fifth-biggest software services provider in India Shares of India’s fifth-biggest software services provider Tech Mahindra tanked as much as 17 per cent ... Read More »
HIGHLIGHTS There are reports of Fitbit acquiring smartwatch maker Pebble Third-party smartwatches have missing features or rely on hacks You’re probably better off buying Android Wear or an Apple Watch Recently, reports have been circulating that Fitbit, the foremost player in the fitness-wearable space, is looking to buy Pebble, one of the early smartwatch makers with considerable clout in that ... Read More »
Because of the widespread usage of Apple products, almost everyone has an iPad or an iPhone, and people of all ages have at least one Apple product. However, these gadgets, like any other electronic item, can get damaged, and require repair and maintenance. Most Apple products come with a warranty – and if your device is still under warranty, then ... Read More »
DJUBO, a cloud based 360 Hotels Sales Platform, has now entered the South Asian hotel tech market after announcing its partnerships with Traveloka and Pegi Pegi. DJUBO as a company has grown 12x in revenues in just 18 months of their launch in India. It has 2000+ clients and is already the single largest hotel tech company with hotel clients ... Read More »
Mr Chew Sutat, SGX head of equities and fixed income, told an exchange event yesterday: “The US, we do acknowledge, is a great market for tech today. There are companies like Snap that have no profits that can actually raise quite good money. “But in Asia today, there isn’t a single market that is a pre-eminent market for technology.” He ... Read More »
As OPEC members are set to convene later this week, WTI crude oil ekes above $50 per barrel and investors pile into bets on the euro, Miller Tabak equity strategist Matt Maley highlights three key themes for Wednesday and the week ahead. 1. The crude oil/energy stocks relationship Crude oil rose to a five-week high in Tuesday trading as investors ... Read More »
Digital designs are worth a lot to web designers, marketers and other agencies looking for new graphics, themes, and media. If you make digital designs for websites, apps or other media you can actually turn your time and skills into a nice profit online without much work. That’s because there are many outlets and websites online that will sell your ... Read More »
Many S&P industries are performing poorly, but outsized gains in tech stocks are making the market look better than the underlying trends reveal, TradingAnalysis.com founder Todd Gordon told CNBC on Tuesday. The S&P 500 index and the Nasdaq composite on Monday closed at record highs, while the Dow Jones industrial average broke a four-session losing streak and rose to within ... Read More »
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