Tech

Daqo New Energy Corp., a maker of silicon and polysilicon products used primarily in solar energy applications, tops the list of stocks offering the best value in the tech sector heading into April. In the growth category, 3D printing firm Nano Dimension Ltd. leads the way, while chip testing provider Aehr Test Systems is the tech stock with the most momentum. In March, the U.S. Federal Reserve raised interest rates for the ninth time in a year. The latest increase comes in the midst of a banking crisis triggered by the collapse of tech-friendly Silicon Valley Bank and Signature Bank. Since tech companies are sensitive to higher interest rates, stocks in the sector have struggled throughout the Fed's anti-inflation campaign. Tech stocks, represented by the Technology Select Sector SPDR Fund ( XLK ), lost a tenth of their value in the past year, compared with a 14% drop in the Russell 1000 Index. Despite the challenging environment, the companies listed here are leading the … [Read more...] about Top Tech Stocks for April 2023

Washington (CNN) Google should face court sanctions over "intentional and repeated destruction" of company chat logs that the US government expected to use in its antitrust case targeting Google's search business, the Justice Department said Thursday. Despite Google's promises to preserve internal communications relevant to the suit, for years the company maintained a policy of deleting certain employee chats automatically after 24 hours, DOJ said in a filing in District of Columbia federal court. The practice has harmed the US government's case against the tech giant, DOJ alleged. "Google's daily destruction of written records prejudiced the United States by depriving it of a rich source of candid discussions between Google's executives, including likely trial witnesses," the filing said. "We strongly refute the DOJ's claims," Google ( GOOGL ) said in a statement. "Our teams have conscientiously worked for years to respond to inquiries … [Read more...] about DOJ seeks court sanctions against Google over ‘intentional destruction’ of chat logs

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March 28, 2023. REUTERS/Staff/File photo European shares rose on Wednesday, echoing an upbeat mood in Asian markets following Chinese tech giant Alibaba’s break-up plans, while strong outlook from chipmaker Infineon and a CEO change at Swiss bank UBS further aided the mood. The benchmark STOXX 600 index rose 0.7 percent, largely in line with gains in Asian equities. UBS Group AG gained 1.7 percent after the lender announced that Sergio Ermotti will take the helm to steer its takeover of smaller peer Credit Suisse. Credit Suisse climbed 1.4 percent, while financial services and banking indexes rose between 0.8 percent and 1 percent. “I can see why the market has stabilized and it’s true that there are some slightly comforting factors. The Fed (bets) have been repriced down quite aggressively in the past few weeks and investor positioning is very defensive,” said Vincent Chaigneau, … [Read more...] about European stocks get tech lift, UBS climbs on naming Ermotti as CEO

Share to Twitter Share to Linkedin Topline Elon Musk and Steve Wozniak are among hundreds of high-profile technologists, entrepreneurs and researchers calling on AI labs to immediately stop work on powerful AI systems, urging developers to step back from the “out-of-control race” to deploy ever more advanced products while we better assess the risks advanced artificial intelligence poses to humanity. Key Facts Any AI lab working on systems more powerful than GPT-4—the powerful engine driving OpenAI’s Chat-GPT—should “immediately pause” work for at least six months so humanity can take stock of the risks such advanced AI systems pose, urged an open letter published Wednesday by the Future of Life Institute and signed by more than 1,000 people. Any pause should be “public and verifiable” and include all key players, the letter said, urging governments to “step in” and force the issue for those who are too slow or unwilling to stop. The … [Read more...] about Elon Musk And Tech Leaders Call For AI ‘Pause’ Over Risks To Humanity

(CTN NEWS) – Apple is entering the buy now pay later market with a few tweaks to the current model, including no credit card payment option. The product will be available to some customers this spring, and the loans will be reported to credit bureaus in the fall. Here’s what you should know. Since the outbreak, the option to “ buy now pay later ” has gained popularity, particularly among young and low-income consumers who may not have easy access to conventional credit. If you buy online for clothes, furniture, sneakers, or concert tickets, you have probably noticed the option to pay in smaller payments over time. Companies such as Afterpay, Affirm, Klarna, and Paypal already provide the service, usually with late fees for missed payments and the option to make installment payments with a credit card or bank account. Apple’s version, integrated with Apple Pay and facilitated by MasterCard, will require consumers to use a debit card and a bank account to … [Read more...] about Apple’s “Buy Now Pay Later”Service: Everything You Need To Know

Goldberryco.com Review: Leverage is a prominent tool in forex trading that enables traders to handle higher assets with less cash — As it raises the possibility of profit while simultaneously raising the possibility of loss at the same time. Since highly leveraged ratios potentially escalate overall wins and losses, therefore, traders must carefully control financial risk. Skilled traders frequently utilize leverage to generate large gains, however rookie traders will have to use lesser leverage till after they have developed a better grasp towards the markets — including the respective risk forbearance. Goldberryco, a leading forex brokerage platform,offers wide spectrum of leverage options that can enhance the forex trading outputs. As per the Goldberryco review,the forex traders have been highly successful in growing their wealth by utilizing the leverage options available. Benefits of having leverage in forex market The following points are the list of … [Read more...] about Goldberryco.com Review: Grow in your financial journey

The U.S. President Joe Biden signs the CHIPS and Science Act of 2022, on the South Lawn of the White House in Washington, DC on August 9, 2022. [AFP/YONHAP] The United States is pushing foreign chip makers to disclose sensitive business data, including yield rates, to receive subsidies under the CHIPS and Science Act. Onerous is the requirement that some companies might decide not to apply for funding. The yield rate, the amount of a silicon wafer that is successfully made into dies, is considered a key indicator to determine a chip producer's manufacturing capabilities. It is often confidential. Other required information includes production capacity for each wafer, operation rates, estimated production yields, semiconductor prices on first-year production, annual production figures and the increase or decrease rate of the cost. All of the information need to be submitted as Excel files. It can be used to verify the final numbers and the calculation process, the U.S. … [Read more...] about Korean companies may walk away from CHIPS Act money

Share to Twitter Share to Linkedin Here is the published version of this week’s Forbes Careers newsletter, which brings the latest news, commentary and ideas about the workplace, leadership and the future of work straight to your inbox every Wednesday. Click here to get on the newsletter list ! I t started in tech. But could it be spreading beyond Silicon Valley and startup world to other major mainstream firms? I’m speaking of the “ rolling layoff ”—the name one former human resources executive gave to describe companies making job cuts in a series of rounds, rather than executing them all at one time. Disney said Monday it plans to cut 7,000 employees starting this week, my colleague Brian Bushard reported . “A second, larger round of notifications will happen in April with several thousand more staff reductions, and we expect to commence the final round of notifications before the beginning of the summer to reach our 7,000-job target,” … [Read more...] about The New Reality Of ‘Rolling Layoffs,’ AI’s Impact On Jobs And The Worst Email Sign-Offs

Share to Twitter Share to Linkedin Key News Asian equities had a good day as Hong Kong outperformed while Mainland China was off slightly. Alibaba led the way as it jumped +12.23% on high volume as analysts updated their sum of the parts analysis (SOTP). Tencent gained +1.75% on high volume and strong buying from Mainland investors, Meituan closed higher by +4.01% on high volume and moderate buying from Mainland investors, JD.com finished at +1.92%, and BYD gained +3.12% on strong financial results and its net income jumping +400% year-over-year in another masterful move from Warren Buffet and Charlie Munger. BYD’s results, which beat on revenue, adjusted net income, and adjusted EPS, lifted the EV space with Xpeng HK +3.64%, Li Auto HK +4.59%, and Nio Auto HK +1.83%. Hong Kong short turnover jumped to 17% of total turnover though short turnover was highly concentrated in three Hong Kong listed ETFs while internet stocks had lower short turnover. … [Read more...] about BYD & Kuaishou Beat

Share to Twitter Share to Linkedin As the world settles after the pandemic and a new wave of change ripples through the global economy, understanding the benefits of convenient delivery is more essential for businesses in the retail industry than ever. Especially for last mile delivery, a flexible and seamless process is essential in helping customers receive the services they expect. A recent study published by MIT Sloan Management Review found that retailers providing customers with the options of delivery on a specific day and time, were more valued than deliveries made in shorter time periods. The study also concluded that consumers are even willing to wait longer for a delivery, as long as they can receive the product when and where they choose. Clearly, consumers now value convenience over speed, a trend that is becoming more prevalent today. In a recent interview with Guy Bloch, CEO of Bringg – the market leading delivery management platform … [Read more...] about From Super Speed To Super Convenient: The Maturity Curve Around Customer Shopping Behavior