Tag Archives: Market News

Everybody is familiar with the name of Bill Gates — an American business magnate, the founder of the world’s largest software business Microsoft, and the second richest man in the world. What is the key to his raving success and how can you receive high money if all you have is $10,000? The answer is in our article.Since the establishment of Microsoft in 1975, Gates has held several positions including those of the chairman, CEO and chief software architect. As early as 1987, he was ranked...

Recently, on Friday, the U.S. Department of Defense (DOD) made it clear that they had chosen Microsoft over Amazon in their $10 billion cloud computing contract, also known as JEDI. With this contract, the Department of Defense will move its database to the cloud. However, this has left Amazon Web Services wondering as they were considered as leaders in the field, and the most likely winner of this contract.“We’re surprised about this conclusion. AWS is the clear leader in cloud computing,...

On Friday, an American automotive and energy giant Tesla announced it had rolled out a new version of its solar roof tile for use at residential homes, V3 Solar Roof. According to Elon Musk, installations will begin in the upcoming weeks, with 1,000 new roofs expected to be produced per week.Tesla first came up with their Solar Roof Tiles in 2017, and the volume production was set to start in 2018. However, the process turned out to be quite slow, and the production was delayed until this...

Photo: FordNearly a year and a half ago, Ford embarked on a mission to invent its first peek of a Mustang-inspired electric. And after several attempts, it’s now prepared to show the globe what “Mustang-inspired” actually entails.The company announced that it would launch the electric SUV on 17th November just before the LA Auto Show.By now, little is known regarding the electric SUV that’s hitting the market year. Besides issuing frequent hints or teaser images. The latest launched webpage...

Google announced its first Stadia Games and Entertainment studio in Montréal on Thursday. Games chief Jade Raymond revealed that the new studio will focus on producing “exclusive, original content.”The Google VP explained ways in which the tiered party structure for Stadia games will develop. These “spectrum of bets” are recognized by how much they are using features that are only possible with Stadia’s cloud-based platform.She said:“We have a plan that includes building out a few different...

Ark Investment Management founder and CEO Catherine Wood commented that huge jump in Tesla’s stocks that began yesterday after the company released its earnings is just “the beginning of an eventual rise to $4,000 per share and possibly beyond.”And she might be right, because, even though the earnings were nothing special, they were still better-than-expected and at the stock ended yesterday trading with a rise of 17.67% to $299.68. However, at the time of writing, the stock was in a slight...

Lately, an American real estate company that provides shared workspaces for technology startups WeWork has been experiencing hard times. Because of the crisis, the firm abandoned its IPO plan, forfeited its CEO Adam Neumann, and found itself on the brink of bankruptcy. When WeWork gave up all hopes of survival, a Japanese multinational conglomerate SoftBank stepped in and made an attempt to save the firm with a capital infusion of about $8 billion. As we have reported, Softbank provided the...

Financial services and mobile payment company Square has just announced a new investment feature that allows users to make even the smallest investments through its Cash App. According to the San Francisco-based company, people will now be able to invest in the stock market, taking part in full shares trading for as little as $1.Via the Cash App Investing, users will have easy access to fractional investing and buy whatever fraction of any supported shares that $1 dollar (or any desired...

Amazon Inc. stock is getting battered following a downbeat earnings report.The company announced on Thursday its third-quarter net income fell to $2.1 billion on earnings per share of $4.23, which represents a pretty big fall of around 26% year over year and worse than analysts had expected.During the quarter that ended September 30, the company’s revenue rose to $70 billion, up 24% YoY but it also wasn’t enough to meet the previous estimates. At the same time, Amazon reported its cloud...

When it comes to the world of fantasy, we all know that no one cuts it like the guys at Blizzard Entertainment that is so far for now. At their BlizzCon 2019, the much-awaited Diablo 4 is expected to be announced after the free spoiler Diablo Immortal game that was released last year at the BlizzCon 2018. The disappointment indicated by the many fans of Blizzard Entertainment after the game didn’t show up in Google’s Playstore or the iOS store has led many to believe that Blizzard...