Technology

Tech Stocks Roundup: Jim Cramer Says to Hold Onto FAANG Stocks

Tech stock selling intensified this week as market-based inflation measures hit the highest levels in 10 years. The Nasdaq Composite, which has fallen some 5.2% from its April 26 peak, is the price for another 280 point slump Tuesday, paced by extended pullbacks for benchmark tech heavyweights Apple  (AAPL) – Get Report, Facebook  (FB,) – …

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Tech giants’ growth overshadowed by regulatory risks, ad challenges

Big tech’s meteoric rise in 2021 could soon come crashing down to Earth amid the specter of new internet regulations and changes to the digital advertising landscape, analysts say. Major tech and social media companies Facebook Inc., Apple Inc. and Alphabet Inc.-owned Google LLC handily beat analysts’ forecasts in the first quarter and continued to …

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Texas Tech Selected as One of 20 Potential Host Sites

LUBBOCK, Texas – No. 7 Texas Tech baseball has been named one of 20 potential host site schools for the 2021 NCAA regional round of competition, the NCAA Division I Baseball Committee announced Friday morning.   Due to the health and safety protocols surrounding the COVID-19 pandemic, it was deemed necessary to conduct NCAA championship …

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Asian stocks climb after Wall Street rebound led by Big Tech

BANGKOK (AP) — Asian shares rose Friday after Wall Street put the brakes on a three-day losing streak with a broad stock market rally powered by Big Tech companies and banks. Shares in big semiconductor manufacturers led the advance in Asia, where almost all markets opened higher. Japan’s Nikkei 225 added 1.8% to 27,940.90 and …

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Renewables evolution or revolution? Pace of tech investments will decide

An aerial view shows power-generating windmill turbines in a wind farm in Graincourt-les-Havrincourt, France, April 27, 2020. Picture taken with a drone REUTERS/Pascal Rossignol/File Photo Global investment in energy transition technologies needs to more than double over the next few decades to significantly reduce the cost of renewables, which are set to provide around 60% …

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Alphawave’s London Debut Falls Victim to Global Tech Selloff

(Bloomberg) — Alphawave IP Group Plc sank as much as 20% after its initial public offering in London, after investors deemed its valuation too high during a global selloff in tech stocks. The U.S. Nasdaq 100 benchmark is set for its worst weekly drop since October, with investors exiting tech stocks on concerns that inflation …

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Houston named the No. 2 fastest growing tech hub amid the pandemic

HOUSTON, Texas — When Americans think of tech hubs, Silicon Valley or even Austin may initially come to mind. However, Houston appears to be making a play for tech-hub status. Citing data from career platform LinkedIn, the Axios news website reports that Houston has seen a healthy influx of tech workers since the start of …

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