Home / Technology (page 229)

Technology

Nvidia CEO says crypto demand helped beat earnings

Tyrone Siu | Reuters Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Nvidia is telling its investors that cryptocurrencies are no longer just a niche business. In the company’s earnings call on Thursday, Chief Financial Officer Colette …

Read More »

Amazon held talks to partner with Live Nation’s Ticketmaster on ticket sales: Reuters, citing sources

Jerod Harris | Getty Images Demi Lovato performs at the Live Nation Concert Series at Harry Bridges Memorial Park in Long Beach, California. Amazon is seeking to partner with U.S. venue owners to sell event tickets, four sources have told Reuters, a move that could loosen Ticketmaster’s powerful grip on …

Read More »

Snap is either gonna pop or drop on Thursday’s earnings

Lucas Jackson | Reuters Snap co-founders Evan Spiegel (R) and Bobby Murphy walk to ring the opening bell of the New York Stock Exchange, March 2, 2017. Snap will be anything but boring after the bell Thursday. That’s what the options market thinks. According to options trading data, traders expect …

Read More »

Fundstrat’s Tom Lee expects bitcoin to be the best asset through year-end

Bitcoin will likely outperform stocks and bonds the rest of this year, according to the first major Wall Street strategist to issue a report on the digital currency. “I think bitcoin is an underowned asset with potential for huge institutional sponsorship coming,” Fundstrat co-founder Tom Lee said on CNBC’s “Fast …

Read More »

Buy Nvidia before earnings due to gaming strength: Jefferies

David Paul Morris | Bloomberg | Getty Images Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., holds the Nvidia Xavier high-end computing module as he speaks during a keynote presentation at the 2017 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Wednesday, Jan. 4, 2017. Nvidia …

Read More »

Amazon Prime will be in more than half of US households by year’s end

Jeff Bezos is reportedly closing in on surpassing another major milestone. Amazon’s Prime program — which has boasted impressive growth in recent years — should finally be in more than 50 percent of American homes before the year is over, Cowen & Co. has predicted. According to the firm’s monthly …

Read More »

Here are Credit Suisse’s favorite software stock ideas for the next year

Kevin Van Paassen | Bloomberg | Getty Images An Apple iPad with the Shopify app is displayed at the entrance to the company’s headquarters in Toronto, Ontario. Software stocks have crushed the market this year and a Wall Street analyst believes the industry’s strong performance will continue. The sector has …

Read More »

Japan’s SoftBank says Q1 profit jumps 50.1% after inclusion of Vision Fund

Kazuhiro Nogi | AFP | Getty Images The logo of SoftBank is displayed at an entrance of a shop in Tokyo’s shopping district Ginza on February 8, 2017. Japan’s SoftBank Group Corp on Monday reported a 50.1 percent rise in first-quarter operating profit, after the company included Vision Fund, the …

Read More »

Apple Watch cellular connectivity coming

Getty Images Apple CEO Tim Cook displays his personal Apple Watch to customers at an Apple Store on April 10, 2015 in Palo Alto, California. You might be able to connect to the internet from the new Apple Watch even when your iPhone isn’t nearby. Bloomberg said on Friday that …

Read More »

New ‘bitcoin cash’ crashes 30% Friday in volatile first week

Bitcoin is holding up well against its offshoot rival in its wild first week of trading. The new “bitcoin cash” plunged 30 percent Friday to below $300, while the original cryptocurrency edged higher and approached $2,900, nearly triple in value for the year. Bitcoin split into bitcoin and bitcoin cash …

Read More »