Blazing Fast Internet Connectivity From Space Is Coming. Here’s How to Play It
The future of connectivity depends on a big idea; the launch of vast constellations of inexpensive satellites. Elon Musk’s SpaceX got one step closer to that dream on Nov. 16 when the Federal Communications Commission granted approval for the launch of 7,518 satellites. The implications and the opportunity for investors are big. Musk muses that […]
Quantum sound waves to open doors for more powerful sensors
For the last decade, scientists have been making giant leaps in their ability to build and control systems based on the bizarre rules of quantum mechanics, which describe the behavior of particles at the subatomic scale. But a challenge is getting delicate quantum systems to play well with mechanical ones—anything with moving parts—which underlie a […]
Apple knows 5G is about infrastructure, NOT mobile phones
With Apple shares down more than 20 percent from their all-time highs of only a few weeks ago, writers are piling-on about what’s wrong in Cupertino. But sometimes writers looking for a story don’t fully understand what they are talking about. And that seems to me to be the case with complaints that Apple is […]
Microsoft is winning the console war from second place
It has not been a friendly console cycle for Microsoft and the Xbox One. Microsoft’s troubles began from the second it revealed the Xbox One back in 2013 – not only did the company reveal a console that seemed to put gaming last, but it also took a heavy-handed approach to digital rights management that […]
Stock indexes log worst Thanksgiving week since 2011 all three fall at least 3.5%
U.S. stock markets closed at 1 p.m. ET on Black Friday U.S. stocks closed lower Friday, pressured again by falling oil prices, which drove the indexes to weekly loses of more than 3.5%—the second straight week of declines. The New York Stock Exchange closed at 1 p.m. Eastern Time, while other financial markets also saw […]
Dollar rallies as oil-linked currencies skid amid crude’s price drop
Dollar index firms as Brexit, economic data drag on sterling, euro The U.S. dollar inched higher versus its main rivals on Friday, as U.S. traders returned from the Thanksgiving holiday, and investors closely tracked an intensifying decline in crude oil. The global oil benchmark, Brent for January delivery LCOF9, -5.45% was down nearly 5%. Growing […]
Bitcoin selloff has more room to go, says analyst
Ether at risk of trading below $100 After a Thanksgiving respite, the crypto selloff has resumed with all major coins trading lower on Friday and on track to log their third consecutive weekly declines. Bitcoin, BTCUSD, -0.52% the world’s largest cryptocurrency, was last changing hands at $4,259.80, down 3.8% since 5 p.m. Eastern Time on […]
Gold dips Friday but logs slim weekly though trade jitters persist
Trade, interest rates and stock volatility drive metals trading sentiment Gold futures eased in Friday’s shortened session, pulling back from Wednesday’s, pre-Thanksgiving two-week high. Still, the loss was slim enough to leave the precious metal just in the green for the week. Market focus remained fixated on Federal Reserve interest-rate plans over coming months, the […]
GM Under Investigation for Faulty Brake Vacuum Pumps
GM under investigation for faulty brake vacuum pumps. The U.S. government is investigating more than 100 complaints of poor brake performance on 2.7 million General Motors big pickups and SUVs. The National Highway Traffic Safety Administration says a brake vacuum pump can deteriorate, causing increased braking effort and longer stopping distances. The agency has 111 […]
S&P 500 Slides Into ‘Correction’ for Second Time This Year
U.S. stocks closed lower Friday, bumping the benchmark S&P 500 index into a correction, or drop of 10 percent from its recent all-time high. U.S. stocks closed lower after a shortened session Friday, bumping the benchmark S&P 500 index into a correction, or drop of 10 percent below its most recent all-time high in September. […]