Tag: Startup

Here are five things you must know for Friday, June 3: 1. — Stock Futures Edge Lower With Jobs Data In Focus  U.S. equity futures edged lower Friday, while the dollar held steady against its global peers, as investors braced for a key reading of the domestic job markets amid increasing concerns over the pace of…

The first half of 2022 hasn’t been kind to biotech stocks, but the pain has been especially acute for the smallest drug developers with the earliest-stage pipelines. Although corrected valuations have led many to suggest increased levels of mergers and acquisitions are ahead, that hasn’t happened yet. That means small-cap biotech stocks need to rely…

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Technoprobe founder Giuseppe Crippa. Laila Pozzo/Technoprobe At age 60, Giuseppe Crippa accepted a buyout package and started making devices to test microchips. In February his company Technoprobe, whose clients include Apple and Samsung, finally went public. Giuseppe Crippa was offered a severance package from French-Italian semiconductor manufacturer STMicroelectronics (STM) in 1995. Crippa took it, ending…

Some stocks have fallen so far, they’ve got nowhere else to go but up, Jim Cramer told his Mad Money viewers Tuesday. Even with seemingly everything going wrong, from interest rates and inflation to soaring gas prices, stocks still managed a strong showing last week and rallied off their lows again Monday. Why? Because eventually,…

Amber Heard versus Johnny Depp.  For many weeks, the trial between the two movie stars has captivated the general public and aroused often violent and passionate reactions on social media in favor of one or the other.  It is now coming to an end. We have to believe that Elon Musk, the CEO of Tesla …

Share to FacebookShare to TwitterShare to LinkedinOne of the biggest concerns about EVs is that the batteries will need replacing after a few years, at great expense. After all, your smartphone battery is likely to have seen better days within as little as three years. But a Tesla researcher is getting ready to kick this…

Elon Musk has advice for Jeff Bezos.  The two tech moguls are respectively the richest man in the world and the second richest man in the world.  At one point they both gave the impression that they did not agree on anything and especially that they were opposed to each other. But for the past…

The economic rebound of the past two years has buoyed the financial technology sector. And some fintech companies can continue to thrive near-term, even as economic growth slows, Wells Fargo analysts say. “Fintech fundamentals remained strong in the first quarter of 2022,” they wrote in a commentary. “Group revenue increased by 26.5% … while earnings…

The dollar has scored big this year, with the Bloomberg Dollar Spot Index gaining 4.5%. That’s a big number for the greenback, which generally moves much less than stocks. Solid U.S. economic growth and rising interest rates have attracted investors to the dollar. Russia’s war on Ukraine also has boosted the currency, as investors view…