At its worst, CES is an insufferable barrage of cliches, buzzwords, and other rehearsed insincerities, but yesterday I saw a little glimpse of the big technology show at its best, and I really enjoyed it. Richard Yu, the CEO of Huawei’s consumer products division, just spent a solid hour mumbling his way through an awkwardly […]
Read moreNvidia said some of its chipsets have been affected by Spectre, a memory corruption flaw that allows hackers to bypass operating systems and steal passwords of devices. The company is providing a initial security update to mitigate the vulnerabilities to its affected chipsets, which include GeForce, Tesla, Grid, NVS and Quadro, it said in a […]
Read moreCheck out which companies are making headlines before the bell: Eastman Kodak — The company’s stock soared 75 percent in the premarket after saying it has used blockchain — the underlying technology for popular cryptocurrencies like bitcoin — to create a digital photography platform called KodakCoin. Constellation Brands, Molson Coors — Both beer stocks were […]
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Tesla shares are seeing a strong start to the year, and some market watchers expect further gains. The stock fell in Tuesday trading, just one session after surging over 6 percent — its best day since September. Although the stock is still off 14 percent from its all-time high, now could be the prime time […]
Read moreChina, the United States’ biggest buyer of sovereign bonds, could be slowing down or even halting its purchases, according to a report. Bloomberg News reported Wednesday, citing people familiar with the matter, that officials in Beijing have recommended the Chinese government lowers — or even stops — its buying of U.S. sovereign debt. The report […]
Read moreSome of Intel’s data center customers, whose thousands of computers run cloud networks, are exploring using microchips from the market leader’s rivals to build new infrastructure after the discovery of security flaws affecting most chips. Whether Intel sees a slew of defectors or is forced to offer discounts, the company could take a hit to […]
Read moreCNBC’s Jim Cramer has been known to argue the market is seeing a shortage of shares. Quite frankly, this is the most brilliant comment concerning the equity markets anyone has made in at least five years. His outlook on this issue highlights a broad theme in the markets these days: The supply and demand for […]
Read moreGlobal investors should not be put off by current equity market valuations and now is not the time to “de-risk” portfolios, according to one global market strategist. “Despite the strong rally, valuations have not changed much since the start of 2017 in Europe, U.K. and Japan, as earnings have grown strongly,” Mike Bell, global market […]
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INVESTORS are dragging their attention away from the stockmarket for a moment to figure out what is going on in the other main part of their portfolios: government bonds. Yields have been rising so far this year and Bill Gross, one of the sector’s gurus, has said the long bull market (which dates back to […]
Read moreNorth Korea appears to have taken a liking to monero, the world’s 13th largest cryptocurrency by value. Earlier this week, cybersecurity researchers at U.S. firm AlienVault found evidence of a malicious piece of software that infected computers to mine monero and send it back to North Korea. Mining is the process of solving complex mathematical […]
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