NEW YORK — The latest on developments in financial markets (all times local): 4 p.m. Stocks ended a choppy day slightly lower on Wall Street as losses for technology companies and banks offset gains elsewhere in the market. Micron Technology fell 3.2 percent Thursday and Bank of America lost 1 percent. The market moved lower ahead of a new round ... Read More »
Why don’t inexperienced entrepreneurs with high tech business ideas sell those ideas to existing companies with the knowhow and resources to exploit them successfully? Since companies like Apple and Cisco have shown their skill at bringing new products to market successfully, having them exploit entrepreneurs’ new product ideas should leave everyone better off. Nobel Prize-winning economist Kenneth Arrow explained why ... Read More »
As news continues to emerge from Texas after Hurricane Harvey, CNBC’s Jim Cramer noticed investors shifting their focus to several other stock market themes. “First feature of the new normal? America’s not the world’s policeman anymore,” the “Mad Money” host said. “Sure, an attack on Japan is like an attack on us. But if North Korea ever sends a missile at ... Read More »
US stocks pulled back from their record highs on Thursday, led by technology and transportation shares, overshadowing another big day for telecoms. The Dow Jones Industrial Average added 21 points, or 0.1%, to 21,732, the S&P 500 lost nine points, or 0.38%, to 2,469 and the Nasdaq Composite dropped 58 points, or 0.9%, 6,365. The Dow Jones Transport Average, often ... 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 »
The rally in technology stocks may have more room to run after the industry overthrew financials as the main driver of emerging market shares last quarter. Firms from South Korean phone makers to China’s biggest internet company helped drive a 17 percent surge in technology shares in the MSCI Emerging Markets Index in the first quarter, the best showing in five ... Read More »
0 Nobel Prize-winning economist Kenneth Arrow explained why entrepreneurs rarely sell their new product ideas to established companies better able to exploit them. His answer has become known as “Arrow’s Information Paradox” and goes like this: If you try to sell someone a piece of knowledge, like an idea for a new product, they won’t buy it unless you also ... Read More »
Why don’t inexperienced entrepreneurs with high tech business ideas sell those ideas to existing companies with the knowhow and resources to exploit them successfully? Since companies like Apple and Cisco have shown their skill at bringing new products to market successfully, having them exploit entrepreneurs’ new product ideas should leave everyone better off. Nobel Prize-winning economist Kenneth Arrow explained why ... Read More »
Why don’t inexperienced entrepreneurs with high tech business ideas sell those ideas to existing companies with the knowhow and resources to exploit them successfully? Since companies like Apple and Cisco have shown their skill at bringing new products to market successfully, having them exploit entrepreneurs’ new product ideas should leave everyone better off. Nobel Prize-winning economist Kenneth Arrow explained why ... Read More »
Facebook Messenger Lite Launched for Emerging Markets Facebook Inc launched a stripped down version of its popular Messenger app for emerging markets on Monday as it seeks to expand its international footprint. Messenger Lite, which uses less data and is designed to work in areas with slower internet connections, will roll out in Kenya, Tunisia, Malaysia, Sri Lanka and Venezuela. ... Read More »
Techosta Where Tech Starts From