Crypto crash: Why have Bitcoin, ethereum, other cryptocurrency dropped? 2022/05/09 18:54:53 Deseret
An advertisement of Bitcoin, one of the cryptocurrencies, is displayed on a building in Hong Kong, on Nov. 18, 2021. U.S. tech stocks just had their worst month in over a decade, and the volatile cryptocurrency market has been tracking that downward trend with popular digital currencies like bitcoin and ethereum plunging by some 50% from 2021 peak valuations. Kin Cheung, Associated Press U.S. tech stocks just had their worst month in over a decade, and the volatile cryptocurrency market has been tracking that downward trend with popular digital currencies like bitcoin and ethereum plunging by some 50% from 2021 peak valuations. What’s happening: Bitcoin continued its steep fall into Monday after a rough weekend, according to Fortune . This marks the fifth consecutive down day for bitcoin, sending its market price to less than half of what it was at its all-time high of $69,000 in November. Ethereum, the second-largest crypto, was also trending down and valued at about half its peak from last November when it was trading at over $4,800 per token.
Stock Market Losses Pile Up As Nasdaq Plunges 3.5%; Now This Sector Crumbles 2022/05/09 17:27:09 Investor''s Business Daily
Microsoft and Nvidia fell to the lowest since last June as techs again sold off.
Microsoft is expanding its cybersecurity offerings 2022/05/09 17:20:45 Yahoo Finance
Microsoft is rolling out a slew of new cybersecurity services, further cementing its role as a major industry player.
Biting Back: Will FAANG Favorites Recapture their Form on Wall Street in Q3 2022? 2022/05/09 16:09:16 Benzinga
Despite having an extraordinary track record on Wall Street, 2022 has been a testing year for FAANG stocks. Having taken a battering from tech stock sell-offs in the wake of record-breaking inflation and supply chain issues arising from the Covid-19 pandemic, leading growth stocks have struggled to recapture the form that pushed many companies to new all-time high prices last year. With firms like Netflix, which had a considerable presence in Russia before ceasing operation in the wake of the invasion of Ukraine, geopolitical tensions have also hit traditionally steady stocks hard. FAANG stocks, consisting of Meta Platforms Inc (NASDAQ: FB ), Apple Inc (NASDAQ: AAPL ), Amazon.com Inc (NASDAQ: AMZN ), Netflix Inc (NASDAQ: NFLX ), and Alphabet Inc (NASDAQ: GOOGL ), have all experienced hardships that haven’t been seen since the depths of the initial Covid-19 crash in March 2020. Together with Microsoft (NASDAQ: MSFT ), FAANG stocks have lost $1.404 trillion in market capitalization in April alone - a value that’s larger than Australia’s GDP, for scale. (Image: The Verge ) As we can see from the chart above, no FAANG stock is performing well in 2022, and the likes of Netflix and Meta have fallen significantly over the opening five months of the year.
Xbox Streaming Stick Will Reportedly Launch in the Next 12 Months 2022/05/09 16:00:00 Gizmodo
Microsoft could soon remove the biggest barrier standing between gamers and its popular Xbox Cloud Gaming service. The company will reportedly release a streaming stick—described by VentureBeat as possibly resembling an Amazon Fire Stick or Roku-like Puck—that would remove the need to buy a console, a barrier to entry… Read more…
Apple, Microsoft and Google to ditch passwords 2022/05/06 09:28:55 Charged Retail
Apple, Google and Microsoft have all announced a joint effort to support a new form of online account sign-ins which could replace passwords. The move comes as part of a… The post Apple, Microsoft and Google to ditch passwords appeared first on Latest Retail Technology News From Across The Globe - Charged .
Microsoft, Apple and Google Team Up on Passwordless Standard 2022/05/06 09:15:00 Infosecurity Group
Tech giants want to make the user experience more seamless
Fortnite BACK on iPhone and Android – how to play it for free today 2022/05/06 09:08:22 The Irish Sun
ALMOST TWO years after it was slapped with an extraordinary ban from the App Store, Fortnite has returned to the iPhone. Gamers in the U.K. and U.S. can now play the battle royale shooter for free on mobile through Xbox’s cloud gaming service. It’s part of a deal between Microsoft, which owns Xbox, and Fortnite-creator […]
Microsoft enters into “Epic” partnership that will bring Fortnite as first F2P game in Xbox Cloud Gaming 2022/05/06 07:36:57 The Tech Portal
Excited to get your hands on Fortnite once again? All you need is a Microsoft account and one of the devices mentioned above, no installation or prior memberships are needed.
Bill Gates responded to speculation about his disagreement with Elon Musk, saying the Tesla CEO could make Twitter a "worse" platform. 2022/05/06 07:35:19 The Hans India
Bill Gates responded to speculation about his disagreement with Elon Musk Bill Gates responded to speculation about his disagreement with Elon Musk Tech billionaire and Microsoft founder Bill Gates has responded to Elon Musk''s move to buy Twitter. Gates responded to speculation about his disagreement with Musk, saying the Tesla CEO could make Twitter a "worse" platform. Speaking at the Wall Street Journal''s CEO Council Summit, Gates said he is unsure of Musk''s intention to buy the microblogging platform. During his conversation, Gates also talked about shorting Tesla, something Elon Musk had reportedly confronted him about, among other things. "It could actually make things worse," Gates said. He also noted that buying Twitter is an uncertain move for Musk. Gates said it''s unclear what Musk will do with Twitter before backing off a bit and saying he won''t assume what will happen. "If Musk makes Twitter worse, I''ll speak about that, but I won''t assume what''s going to happen," Gates said.
Bill Gates says there''s ''way above'' a 5% risk we haven''t seen the worst of the COVID-19 pandemic 2022/05/02 09:22:52 Business Insider
The Microsoft cofounder told the FT the pandemic could yet generate a coronavirus variant "even more transmissive and even more fatal."
The Growing Energy Crisis and Deficit as an Investment Tool 2022/05/02 08:00:36 Forexlive
The COVID-19 pandemic has the global economy on the ropes. Massive supply chain bottlenecks worldwide combined with a substantial increase in the money supply have caused the worst inflation in more than 40 years. Forced lockdown conditions and lengthy quarantines prompted an immediate drop in the demand in the energy sector. The sudden sharp shift in demand, in turn, forced many gas, oil, or mining companies to reduce production or pause operations. When the economy reopened, the supply could not keep up, and prices skyrocketed. The introduction of an increasingly tense geopolitical situation has only further created the perfect storm for an energy crisis. Inflation Climbs A Ladder Of Chaos Rising prices in the consumer and industrial sectors can also be attributed to the colossal monetary expansion of freshly minted US dollars into the global financial system. The total supply of US dollars recently set a new all-time high of over $22 trillion. As a result, the American public is facing record inflation.
Ace investor Warren Buffett back in buying spree: Report 2022/05/02 06:44:50 The Sentinel Assam
NEW DELHI: Ace investor Warren Buffett''s Berkshire Hathaway Inc is back in the market as his conglomerate made roughly $41 billion of net purchases in the first quarter, the media reported. Bloomberg reported that the purchase provided a boost to its Chevron Corp stake that vaulted the investment into Berkshire''s top four common stock holdings. His stock buyings were thwarted due high valuations. Buffett also disclosed that the company now holds an expanded 9.5 per cent stake in Activision Blizzard Inc. stock -- an arbitrage bet on the video-game maker in the midst of being acquired by Microsoft Corp, the Bloomberg report said. Berkshire has not been this significant of a net buyer of common stocks in any quarter in data going back to 2008, it added. The purchases in the first quarter helped chip away at Berkshire''s cash pile, which ended the quarter at $106 billion, the lowest since the third quarter of 2018. IANS Also Read: Ace investor Warren Buffett warns fixed-income investors of bleak future Also Watch:
Bikes and Ride-ons Market share to register a growth of USD 8.78 billion at a CAGR of 9.33%| Rise in online sales to boost market growth | Technavio 2022/05/02 06:40:00 Benzinga
NEW YORK , May 2, 2022 /PRNewswire/ -- The Bikes and Ride-ons Market share is estimated to grow by USD 8 .78 billion from 2021 to 2026. Factors such as the rise in online sales and increased adoption of multi-channel marketing and promotional strategies by vendors are significantly driving the Bikes and Ride-ons Market. Our research report on " Bikes and Ride-ons Market for Babies and Children Market by Type and Geography - Forecast and Analysis 2022-2026 5" has extensively covered factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the market share during the forecast period. Bikes and Ride-ons Market report key highlights Estimated year-on-year growth rate: 8.27% Key market segments: Type (manual pedal and push bikes and ride-ons and battery-operated bikes and ride-ons) and geography ( North America , Europe , APAC, South America , and Middle East and Africa ). Key Consumer Region & contribution: North America at 36% Bikes and Ride-ons Market Scope for Babies and Children Report Coverage Details Page number 120 Base year 2021 Forecast period 2022-2026 Growth momentum & CAGR Accelerate at a CAGR of 9.33% Market growth 2022-2026 $ 8.78 billion Market structure Fragmented YoY growth (%) 8.27 Regional analysis North America, Europe, APAC, South America, and Middle East and Africa Performing market contribution North America at 36% Key consumer countries US, Mexico, China, Germany, and UK Competitive landscape Leading companies, Competitive strategies, Consumer engagement scope Key companies profiled Early Rider Ltd, Funskool India Ltd, Hasbro Inc., JAKKS Pacific Inc., Kids2 Inc., Mattel Inc., Mekashi Toys Pvt.