Markets Archives - Softs Geek

3 Minutes

Technology

A.I. is a $1 trillion investment opportunity but will be ‘biggest bubble of all time,’ CEO predicts

Sources July 17, 2023

Emad Mostaque, founder and CEO of Stability AI, speaks during the Bloomberg Technology Summit in San Francisco, California, US, on Thursday, June 22, 2023. David Paul Morris | Bloomberg | Getty Images Artificial intelligence...

4 Minutes

Technology

Ripple says U.S. banks will want to use XRP cryptocurrency after partial victory in SEC fight

Sources July 17, 2023

In this photo illustration, a visual representation of the digital Cryptocurrency Ripple is displayed on January 30, 2018 in Paris, France. Chesnot | Getty Images Blockchain startup Ripple is confident U.S. banks and other...

2 Minutes

Technology

Cryptocurrencies head for a winning week after sharp rally fueled by Ripple court decision

Sources July 14, 2023

A photo illustration of the digital Cryptocurrency, Litecoin (LTC), Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are seen on September 13 2018 in Hong Kong, Hong Kong. Yu Chun Christopher Wong | S3studio |...

6 Minutes

Technology

Tech stocks close out best first half in 40 years, powered by Apple rally and Nvidia boom

Sources June 30, 2023

Apple CEO Tim Cook stands next to the new Apple Vision Pro headset is displayed during the Apple Worldwide Developers Conference on June 05, 2023 in Cupertino, California. Justin Sullivan | Getty Images The...

3 Minutes

Technology

Huawei says applying 5G technology to business was more difficult than expected

Sources June 29, 2023

Huawei Technologies Chief Financial Officer Meng Wanzhou reacts as she leaves her home to attend a court hearing in Vancouver, Canada, August 10, 2021. Jennifer Gauthier | Reuters SHANGHAI — Huawei’s Chief Financial Officer...

2 Minutes

Technology

This new $250 Nokia smartphone can be self-repaired and comes with 5G

Sources June 28, 2023

The new Nokia G42 smartphone comes with reparability features and 5G connectivity. HMD Global HMD Global, the company that makes Nokia-branded smartphones, on Wednesday launched a new smartphone that can be repaired by users...

2 Minutes

Technology

Wise shares spike 18% as higher interest rates help fintech triple profits

Sources June 27, 2023

The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Online money transfer firm Wise’s shares soared nearly 18% Tuesday as the company reported a spike...

6 Minutes

Technology

Bitcoin is up 12% this month — even though barely anybody is trading it

Sources June 25, 2023

Andriy Onufriyenko | Moment | Getty Images Bitcoin has rallied sharply this month — but not for reasons you might think. The world’s largest digital currency has risen more than 12% since the beginning...

2 Minutes

Technology

Siemens Energy shares plunge more than 37% as wind turbine worries deepen

Sources June 23, 2023

Siemens Energy shares plunged 31% on Friday morning after the company scrapped its profit forecast. Wolfgang Rattay | Reuters Siemens Energy shares plunged over 37% on Friday after the company scrapped its profit forecast...

4 Minutes

Technology

Check out this $110 million tech campus being built in Lithuania — the largest in Europe

Sources June 23, 2023

The development, from Lithuanian infrastructure firm Tech Zity, is inspired by British renovation projects like the Battersea Power Station and Tate Modern art gallery. Tech Zity Lithuania is building a huge tech campus —...