Tag Archives: Tech

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 »

These Top Tech Stock Plays Are Trouncing The Market

Despite some volatility, tech stocks are trouncing the broader market this year as top-performing tech funds score double-digit gains. ETFMG Prime Cyber Security (HACK) leads the pack with a 19.8% year-to-date gain through May 9, according to Morningstar Direct. That’s far ahead of the S&P 500’s 1.5% advance. The ETF lost 2% Friday, but remains just below its all-time highs. ... Read More »

World Energy Council Chairman Encourages Industry To Embrace New, Green Tech

Merrick Laravea Merrick Laravea is a PR professional based in Seoul writing about the intersection of tech and modern life in South Korea and beyond. A worker installs solar panels at a solar power plant on May 15, 2018 in Lianyungang, China. (VCG/VCG via Getty Images) The next gathering of the World Energy Congress is still over a year away, but you ... Read More »

As tech rallies on, market watchers say Netflix and Micron are the two names to buy

Amid the recent market turmoil, one group of stocks has managed to stay above the fray: tech. And there are some specific names in the space market watchers are eyeing for a big breakout. Miller Tabak equity strategist Matt Maley pointed out that the tech-stock tracking ETF (XLK) has recouped all of its losses in the last month, but warned ... Read More »

The long awaited rush of tech IPOs is around the corner- but investors might be surprised by who is leading the charge

Theo Wargo/Getty The number of tech startups going public should jump to around 50, investment bankers who cater to the industry say. But don’t expect a lot of big-name companies to hit the public markets. Instead, enterprise-software companies will likely represent the lion’s share of new offerings, the bankers said. Many startups are feeling pressure from venture investors and employees ... Read More »

Tech Startup Market Hot Again?

We’ve gotten used to hearing bad economic news, to the point that most of us just tune it out now. After all, you can only take so much bad news without it wearing you down. But could the good times be back again? Judging from reports about Y Combinator’s recent Demo Day, it may be boom times again for Web and ... Read More »

Emerging Markets for High Tech Ideas

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 »