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Tag Archives: intel

Dow Jones Rebouncing, Investors Are Buying

Stocks surged at the open, one day after posting their worst day since the Oct. 1987 crash. The Dow Jones Industrial Average jumped 1,238 points, for a gain of 5.8%. The S&P 500 rose 5.2%, while the Nasdaq Composite jumped 5.7%.The Dow Jones Industrial Average index was more than 1,200 points higher at the open on Friday amid market recovery from yesterday’s fall.The Dow Jones jumped 5.32% at the opening bell. Intel Corp (NASDAQ: INTC) was among the best performers, adding 9.16%. The...

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Ethereum Price Bounces Back to $230 while Fundamental Metrics Continue to Increase

Ethereum price goes up as bulls seem like waiting for major bullish action. The developers are teasing the community with ‘big code update’ and prepare several possible upgrades, both controversial and useful.Since the lows of Q4 2019, Ehtereum price and network has gained significant steam. The hash rate, transactions per day, and the number of active addresses all rising. The network currently consists of around 7,100 public nodes. During the last 24 hours, ETH shows $3,71 billion of the...

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Game Developers Conference Canceled on Grounds of Risks Associated with Coronavirus

The Game Developers Conference (GDC) has become one of the major events that have been called off due to the coronavirus spread over the world.The Game Developers Conference, which was to be held in San Francisco, has been canceled due to the ongoing coronavirus outbreak that is spreading all over the world. The organizing team has announced that they have officially canceled the event, which was scheduled for this March. However, they are hoping to reschedule it for a later date in the...

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Amazon (AMZN) Stock Down 4% on Thursday, Walmart Working on Amazon Prime Competitor

With AMZN stock down 4%, the e-commerce is facing competition from Walmart that is working on a new service Walmart+ to surpass Amazon Prime. As coronavirus reaches for more countries outside China, tech companies are suffering stock collapse. This week, Apple Inc (NASDAQ: AAPL), Exxon Mobil Corporation (NYSE: XOM) and Intel Corporation (NASDAQ: INTC) plunged 6% each. AMN Healthcare Services Inc (NYSE: AMN) and Nvidia Corporation (NASDAQ: NVDA) dropped 7.3% and 5.6% respectively. Further,...

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AAPL and MSFT Stock Down around 7%, Coronavirus Fears Drive Tech Shares Crazy

Tech stocks are negatively influenced by the coronavirus and are falling seriously. The most significant drops were demonstrated by AAPL and MSFT yesterday.Most of the tech stocks fell yesterday notably.First, it was Microsoft Corporation (NASDAQ: MSFT) that said it will not meet its guidance.Microsoft (MSFT) and CoronavirusPrecisely, it wrote, quite worrying letter to investors in which it says:“Because of closely monitoring the impact of the COVID-19 health emergency, for the third quarter...

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Dow Jones Plunged 1000 Points as CDC Warns of Possible Coronavirus Outbreak

The global markets have been bleeding for the fourth straight day in a row after the U.S. Health officials warned against a possible coronavirus outbreak. In just four days the S&P 500 has crashed over 10% registering its fastest crash to date. Dow has lost 1000 points.Things are clearly not looking good for the global markets as threats of a global coronavirus outbreak intensifies. On Thursday, the Dow Jones dropped 4.5% over 1000 points dragging down several bluechip stocks as well!On...

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Davis Selected Advisors Prefers Intel (INTC) Stock to Microsoft (MSFT)

As part of its portfolio reshuffling strategy for 2020, investment giant David Selected Advisors decided to dilute its stake in Microsoft (MSFT) while simultaneously seeing a strong potential and increasing its stake in the Intel (INTC) stock.Since the beginning of 2020, the markets have been soaring massively making fresh highs every week. Earlier this week on Wednesday, both S&P 500 and Nasdaq made their record highs. While the Dow Jones Industrial Average (DJIA) continued to soar a...

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Hyperledger Releases New Version of its Flagship Framework Fabric 2.0

Hyperledger Fabric, the thriving open-source brainchild of the Hyperledger Foundation, now has a second version, Fabric 2.0. It has become known from an official announcement of its release.Second Version, First of its KindHyperledger was created in 2015 by the Linux Foundation and has had support from the most prominent or influential institutions, even from diverse spaces such as IBM, SUP, Intel, JP Morgan and even engineering conglomerates such as Daimler. The open-source blockchain...

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Mobileye Views Robotaxi Services as Its Chance to Surpass Waymo and Other Big Players

The global leader in the development of vision technology for Advanced Driver Assistance Systems and autonomous driving Mobileye has long been competing with such companies as Waymo, Velodyne Lidar, Oryx, and more. And there is no surprise as this industry requires a quick reaction to constantly changing demands. Mobileye aims to surpass Waymo and other players, therefore, the company is bringing the big guns. Mobileye has decided to deploy commercial robotaxi services and focus more on its...

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Stocks of Chipmaking Companies Emerge as Top Performers of the Decade

Over the last decade, specifically after the 2008 global economic recession, chipmakers have emerged as the best performing industry across sectors and regions. The latest industry report shows that the chipmaking industry witnessed a 377% growth in the last 10 years. This is double the growth of the S&P 500 during the same period.This shows that the semiconductor industry remains at the core of this rapidly changing technology. Despite new technologies like AI, blockchain, ML, and others...

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