Tech Market

Closing Bell: Sensex ends 310 points lower, Nifty below 10,650; IT stocks under pressure

Market at close: Benchmark indices ended near the day’s low on Monday with Nifty finished below 10,650 level. At the ends, the Sensex was down 310.51 points at 35498.44, while Nifty was down 83.40 points at 10641. About 881 shares have advanced, 1667 shares declined, and 156 shares are unchanged Bharti Infratel, ONGC, Zee Entertainment, Tata Motors and Axis Bank were ... Read More »

Smart Tech Market Grows by 65% YTD

Leading technology distributor for enterprise, business, and consumer products, Exertis, recently shared a report showing insights into the Smart Technology market. With a background in distributing retail, mobile, and B2B innovations from emerging brands throughout the UK, Exertis is one of the leading authorities when it comes to Smart Tech products. The company benefits from a wide range of products ... Read More »

‘Distorted’ private tech market valuations to see correction in next six to nine months, says Alibaba’s Joe Tsai

“Entrepreneurs [in China] had it too easy raising gigantic billion-dollar rounds of capital and multibillions in valuation,” said Tsai, in a dialogue session at a Thomson Reuters Breakingviews Predictions 2019 event on Friday. “[A correction] will happen and it’s healthy.” Tsai’s remarks have come as technology stock prices around the world took a hammering in a sell-off that started in ... Read More »

Asia tech bosses fear a US-China cold war splitting global market

SINGAPORE — The global economy faces “very serious disruption” from the escalating US-China trade war, business leaders have warned, as the U.S. renews allegations of trade theft against Huawei Technologies and lawmakers move to ban chip sales to key Chinese companies. The business leaders’ warnings came as Beijing condemned as “hysteria” a draft bill presented in the U.S. Congress to ... Read More »

PayPal and two other tech stocks to buy amid sector breakout

Software stocks are leading the tech sector, and broader market, in a strong start to 2019. The XSW S&P software and services ETF has surged 7 percent in the past two weeks, better than the 3 percent gain on the XLK tech ETFand 4 percent advance on the S&P 500. Ari Wald, head of technical analysis at Oppenheimer, says it makes sense to ... Read More »

Tech to continue driving housing market in 2019

As 2019 begins, the bustling technology sector in the Seattle area is likely to continue fueling Seattle’s housing market, though there will be some changes. When looking back on December’s market in Snoqualmie, Karen Lindsay, Managing Broker and Branch Manager of John L. Scott’s Bellevue-Issaquah office, said things were a bit quiet, though pending sales activity was roughly at the ... Read More »

Tech View: Spinning top on Nifty chart shows market is indecisive

NEW DELHI: The Nifty50 on Monday could not capitalise on the gap-up start and ended up forming a small bearish candle on the daily chart that resembled an indecisive ‘Spinning Top’. Analysts said lack of strength was visible in the market, bu t the positive bias may continue as long as the index stays above the 10,741 level. During the ... Read More »

Tech pulls market lower | Bitcoin drops 15% | Target tumbles on earnings

U.S. stock futures were lower this morning, likely extending Monday’s sharp losses at the open. The Dow and S&P 500 are at their lowest points of November, and the Nasdaq’s Monday close was its lowest in nearly seven months. (CNBC) * Cramer: The sell-off can’t end until these 10 problems are fixed (CNBC) * Once popular tech stocks like Facebook ... Read More »

Tech pulls market lower | Bitcoin drops 15% | Target tumbles on earnings

U.S. stock futures were lower this morning, likely extending Monday’s sharp losses at the open. The Dow and S&P 500 are at their lowest points of November, and the Nasdaq’s Monday close was its lowest in nearly seven months. (CNBC) * Cramer: The sell-off can’t end until these 10 problems are fixed (CNBC) * Once popular tech stocks like Facebook ... Read More »

Apple iPhone dual-SIM devices likely for the first time in 2018!

The global innovation leader in smartphones, Apple, is believed to be set to launch a new dual sim device. One of the prominent Apple whistleblowers, known for leaking reliable Apple information, has leaked new information about a new Apple Device that will offer dual sim capabilities, for the first time in the company’s history. It is expected that Apple would ... Read More »