Sun, December 04, 2022

Tech stocks trading

Sandbox Metaverse launches after four years of development

Sandbox Metaverse launches after four years of development

The prices of Sandbox tokens rose to a new all-time high. It happened after the Sandbox announced its highly awaited P2E metaverse event. Gaming company and Animoca Brands’ virtual property The Sandbox reveals part of its Metaverse to gamers via a multi-week P2E Alpha event for the first time. However, only a few lucky gamers …

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google Cloud

Google’s military cloud deal 

On Thursday afternoon, at Google’s weekly meeting, Sundar Pichai and Thomas Kurian (CEO and cloud boss) attempted to address concerns about Google’s potential pursuit of a cloud deal (multibillion-dollar deal) with the Defense Department. A proposal about Google’s involvement with the government’s JWCC (Joint Warfighting Cloud Capability) program got many votes from employees in Dory …

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Spotify Buys Audio Tech Firm to expand Audiobook business

Spotify Buys Audio Tech Firm to expand Audiobook business

On Thursday, Spotify made a significant push to have more audiobooks on its platform. It started fulfilling this idea by buying Findaway, the US-based audio tech company, trying to push its success with podcasts. Findaway offers a global audiobook catalog. It has partnerships with audiobook publishers like Apple iBooks, Amazon’s Audible, Google, and Storytel. It …

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Diverse Israeli Tech becomes available for New Gulf Allies

Diverse Israeli Tech becomes available for New Gulf Allies

Many things have changed in world politics since the last Airshow in Dubai 2019. The United Arab Emirates and Bahrain now have full diplomatic relations with Israel. Therefore, Israeli aviation and defense companies are allowed to attend this event this year for the first time in history. This marked a turnaround from the period when …

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Didi, Tencent, Alibaba, China's tech companies expect a drop in profits

China’s tech companies expect a drop in profits

China’s biggest listed companies, such as Alibaba and Tencent, will report a decline in profits and decreasing revenue growth in the quarter between July and September. The reason for the fall was the year-long regulatory crackdown affecting its technology industry. Beijing has taken control over its internet sector, punishing famous names for engaging in regular …

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Weekly Overview: Forex, Stocks, Crypto, Commodities

Weekly Overview: Forex, Stocks, Crypto, Commodities Nov 5

Lots of major events influence the global market every day. Prices fluctuate due to political, economic, or climate situations around the world. How have Forex, Stocks, Crypto, and Commodity markets performed this week? In our weekly overview, we will highlight the major updates that took place this week in global markets. Forex weekly overview How …

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Stock market, Hang Seng recovers by 0.23%

Stock Futures Were Mixed Ahead of the Jobs Report

Investors, as well as analysts, are waiting for the jobs report. Meanwhile, stock futures were muted on Friday morning ahead of the highly anticipated October jobs report. On Friday morning, futures on the Dow Jones Industrial Average dropped 24 points. Nasdaq 100 futures and S&P 500 futures hovered above the flatline. The nonfarm payrolls report …

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Nintendo Red and White Logo

Nintendo Switch global sales top 92.88 million

Nintendo announced its latest earnings release showing that its Switch has sold 92.88 million units globally. According to the report, the company sold over 682 million Switch games worldwide. The company also shared updated sales numbers for its Switch titles. There are ten best-selling first-party Switch titles: Mario Kart 8 Deluxe – 38.75 million Animal Crossing: …

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What experts suggest for the best tech gift ideas in 2021

What experts suggest for the best tech gift ideas in 2021

There is a wide range of possibilities to choose gifts for people of any taste, from gamers to audiophiles. You can gift some fabulous gadgets to surprise your tech-minded friends and family members or the ones who simply need an upgrade. Last year’s holiday purchasing started earlier and saw a surge in online shopping because …

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U.S. futures up after Dow closed its third positive week

U.S. Futures up After Dow Closed Its Third Positive Week

U.S. stock futures mostly gained on Monday after the Dow Jones Industrial Average closed its third positive week in a row at a record. Notably, the rise was due to better-than-anticipated earnings reports. Dow futures advanced 25 points, whereas S&P 500 futures were gained around 0.2%. Futures for Nasdaq 100 were trading up by 0.3% …

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Chip industry

The Shortage of Chips May Last for 2-3 Years – Here’s Why

According to the president of Hisense, the largest manufacturer of Chinese home appliances, the global shortage of chips may continue for another 2-3 years. From consumer electronics companies to automakers, most suffer from a lack of semiconductors. This has led to a deficit of devices such as game consoles. Manufacturers are struggling to meet demand. …

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