Tech Market

Global Ozone Tech Market Gaining Ground

According to a report published by Persistence Market Research titled “Global Market Study on Ozone Technology: Air and gas to Witness Highest Growth by 2020,” the global ozone technology market was valued at $715.4 million in 2013 and is expected to grow at a CAGR of 8.1% from 2014 to 2020, to reach an estimated $1,242.0 million in 2020. Ozone ... Read More »

Is Mogu a Hidden Gem in China’s Crowded Tech Market?

Chinese online fashion company Mogu (NYSE:MOGU), which went public last December, recently posted its first quarterly report as a public company. Mogu’s revenue rose 20% annually to 367.2 million RMB ($53.4 million) during the third quarter, which marked a significant acceleration from its 2% sales growth in the first six months of the year. Mogu’s operating loss narrowed year-over-year from 202.5 million RMB ... Read More »

Hi-tech market in Madikeri is of no use for traders

The hi-tech market building at Mahadevapete in Madikeri. Even after several months of the inauguration of the hi-tech market at Madikeri, it has not benefited the traders. In spite of a huge building right in front of them, the merchants are forced to sell their produce beside the road. The work on the market has moved at a snail’s pace ... Read More »

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 »