Right now, there is a tug-of-war between cyclical stocks and what has become the defensive game, the tech sector, apparently on a daily basis. “Washington and the Fed continue to push money into the system. And if the economy remains weak, then bonds and defense will do quite well, ”says …
Read More »China launches ambitious unmanned mission to Mars
A powerful Long March 5 rocket took off Thursday with a Chinese orbiter, lander, and rover on a seven-month trip to Mars, the second of three high-risk missions on the Red Planet and one that, if successful, It will put China on the front lines of interplanetary exploration. China did …
Read More »TikTok Could Be Sold To US Investors To Avoid US Ban, Reportedly
A group of investors, including venture capital firms Sequoia and General Atlantic, are considering buying a majority stake, according to The Information and Financial Times. Investors are talking to the US Treasury Department and other regulators about whether a spin-off from TikTok would calm US concerns about the company, according …
Read More »Twitter says hackers accessed direct messages from 36 users, including a elected Dutch official
TOPLINE Twitter said Wednesday that hackers responsible for a high-profile beach last week had access to direct messages from 36 users, including an elected official in the Netherlands, offering a troubling look at how much information was accessed in the hack. Twitter CEO Jack Patrick Dorsey speaks during an exclusive …
Read More »Microsoft earnings: why the downtrend is an overreaction (NASDAQ: MSFT)
Microsoft (NASDAQ: MSFT) He has done it again. On July 22, the company delivered its sixth consecutive pace and the eleventh consecutive quarter of double-digit revenue growth. A truck could be driven between year-over-year sales increases of almost 13% and pre-earnings expectations of just over 8%. The $ 1.46 EPS …
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