Ahead of hearing with big tech CEOs, Cicilline says a Biden presidency would lead to regulation next year
WASHINGTON — A top Democrat leading an antitrust investigation into the nation’s top technology companies said Wednesday his committee will release a report by the end of August with recommendations on legislation that Congress could pass into law as…
Big Day for Q2 Earnings, U.S. Spends $1.95B on Pfizer Drug
Wednesday, July 22, 2020 We see a reversal in the main stock indexes this morning from what we saw at yesterday afternoon’s close: the Nasdaq is now up while the Dow and S&P 500 are both down — all relatively marginally, considering the higher…
Goldman And BlackRock Are Betting Big On This New $30 Trillion Mega-Trend
There’s a new mega-trend taking Wall Street by storm… with everyone from Amazon’s Jeff Bezos to BlackRock taking notice. One renowned Stanford University economist expects the disruption to personal travel choices to put an extra $5,600 per year back…
Why international students may have Big Tech to thank for the US’s visa reversal
Sometimes, it helps to have friends in high places. A coalition of powerful U.S. technology companies and trade organizations threw their support behind a legal challenge — launched by Harvard University and the Massachusetts Institute of Technology — to…
Star Critic of Big Tech Has Side Gig Working for Amazon, Apple
(Bloomberg) — Fiona Scott Morton is widely recognized as a top antitrust expert, known for her warnings that American tech giants are stifling competition and innovation. Yet Scott Morton, a Yale University economist and former Justice Department…
Tech Profit Juggernaut Gets First Big Test in Week of Reversals
(Bloomberg) — The stay-at-home trade just got kicked to the curb. At least for a week, anyway. Down 5.5%, the Fang bloc — Facebook Inc., Amazon.com Inc., Netflix Inc. and Google’s parent Alphabet Inc. — suffered its worst drop since…
Jalen Stroman knows expectations will be high with Hokies, but earning his own rep apart from big brother is a goal
All of the trips his little brother made to Blacksburg just to hang out. All of the subtle nudges he gave his younger sibling about what could be learned at Virginia Tech. All of the Tech games they watched together. Greg Stroman stayed out of his…
Is Apple a Buy After Big EU Tax Win?
Apple AAPL is not expected to report its third quarter results until early next month but positive news flow is keeping the shares buoyant. And that news flow includes the overturning of a tough order by the European Commission back in 2016 to cough up…
Worried About Big Tech Slump? Buy 6 Undervalued Tech ETFs
Technology stocks and ETFs have been star performers of this year. The coronavirus outbreak could not take the sheen out of this sector, rather added more to it. Social distancing norms enacted globally to mitigate the spread of the virus compelled…