Tag Archives: Tech

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 »

CES 2019: Top gadgets trends to watch out for at the world’s biggest tech show

Consumer Electronics Show (CES) is set to kick off at Las Vegas, US on January 8. Billed as the world’s biggest tech trade show, CES showcases the latest and best of what the technology has to offer. This year’s edition is going to be no different. While the 2018 edition focused on smart assistants, CES 2019 is set to be grander with ... 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 »

Bank and tech shares lead stock market higher a 4th straight day

US stocks climbed for the fourth straight day Tuesday as strong earnings continued to pull the market closer to the record high it set in late January. Industrial companies rose and banks moved higher as interest rates increased. Gains for Microsoft and Google’s parent company, Alphabet, helped technology companies. Companies including Hertz, Etsy, and Mosaic climbed after their results surpassed ... Read More »

US Tech Market Poised For A Strong 2018, But With Doubts About 2019

At the midpoint in 2018, the US tech market is on track to grow by 6.7% in 2018, the fastest growth since 2012. However, 2019 is looking more uncertain, and we forecast that growth in US business and government spending on tech goods, software, services, and staff will slow to 5.5%. ForresterFORRESTER Three factors are driving this strong performance for the ... Read More »

Are tech titans teetering atop the market in a dangerous way?

SILICON Valley giants have become a gargantuan force on Wall Street, as demonstrated by Apple recently topping US$1 trillion in stock-market valuation. But should we fear that a new tech bubble is ready to burst? Here are some questions and answers about the sector: WHAT DOES THE TECH SECTOR REPRESENT ON WALL STREET? Apple ended the formal trading week worth ... Read More »

Paytm’s Tech to Power SoftBank’s Mobile Payments Service in Japan

HIGHLIGHTS New smartphone-based payment service will be named PayPay It will be a joint venture between SoftBank and Yahoo Japan PayPay is planned to launch in fall 2018 SoftBank has announced that it will leverage the technology of India-based digital payments company Paytm in a new mobile payments service it is launching. The new smartphone-based payment service, named PayPay, will be a joint ... Read More »