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 »
Tech Market
The energy lag and tech technicals: Here’s what could drive markets on Wednesday
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 »
Top Places to Sell Your Digital Designs Online
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 »
‘Thank God for Apple’ and other tech stocks — they’re propping up the market
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 »
How An Asian Tech Crash Could Spark A Chinese Housing Downturn
Will China tightening spook the markets? That’s the question UBS’s global macro strategists Bhanu Baweja and Manik Narain ask and try to answer in a recent global macro research report. The report considers the current state of the markets. Specifically, while US investors appear to be relatively unconcerned about the world’s economic problems with market volatility near a 25 year ... Read More »
Apple is yet to crack the home tech market: Will the Siri Speaker change this?
Apple will need to give Siri an intelligence boost before taking on Amazon’s AlexaApple It isn’t often that we talk about Apple’s failures. An $800bn (£619bn) company with the iPod, iPhone, iPad and Mac to its name clearly makes more good moves than bad, but Apple’s efforts to conquer the living room with the same ease in which it put ... Read More »
Mega-Tech Market Cap Swells To $2.75 Trillion
The five largest stocks in the US equity market are now technology stocks, and together they make up more than $2.75 trillion in market cap (While Amazon’s (NASDAQ:AMZN) official sector categorization is Consumer Discretionary, we consider it tech first and foremost). Below is a list of the 25 largest S&P 500 stocks (through 4/25/17). The top five are highlighted in ... Read More »
Marketing tech company Zeta Global raises $140M at a $1.3B valuation
Zeta Global, the marketing tech company that has recently acquired the likes of eBay’s enterprise arm and Acxiom Impact, is preparing for another round of acquisitions and investments in its technology. To do so, the company today announced that it has raised a $140 million Series F round. The round is a bit unusual in that it consists of $115 million ... Read More »
It’s Time to Play Tech Monopoly
Every 20 years or so, the tech industry suffers a spasm of antitrust fever driven by angry accusations and, eventually, intervention by the Justice Department. In the late ’70s and early ’80s it was all about IBM’s mainframe monopoly. In the late ’90s, Microsoft was the evil monopolist, with its PC operating-system dominance. The latest round features Google. Or, wait, ... Read More »
Predicting Emerging Tech Market Trends Beyond 2020
The pace of change in consumer electronics is break-neck. Technology labeled “emerging” last year may very well be fully matured already—or it could be labeled a bust and be deemed “the next 3D TV.” In all honesty, it’s tough writing about any of the consumer tech markets you’ll see in the next few pages and labeling them as emerging. Virtual ... Read More »