Your cart is currently empty!
Tag: Tech News Digest
HMG Strategy Tech News Digest – November 20th
Join Us Now Tesla Will Join S&P 500 Index; Shares Surge After Morgan Stanley Foresees ‘Profound Model Shift’ From Cars to Software and Services Tesla has earned the respect of Wall Street, affirming the unparalleled vision of its co-founder and CEO, Elon Musk. “Tesla will join the S&P 500 Index, effective December 21, according to a…
Tech News Digest – November 13th
Join Us Now Apple Accelerates Shift Away from Intel Apple’s strategy for controlling more of its supply chain intensified this week, accelerating the company’s move toward in-house chips. “Apple Inc. kicked off its transition away from Intel Corp. chips on Tuesday, revealing the first Mac computers with a main processor designed in-house by the iPhone maker,” writes Mark Gurman…
Tech News Digest – November 6
Join Us Now Tech News Digest – November 6 The tight presidential contest lifted tech stocks this week, adding significant value to a group of firms that were already riding high. “The market capitalization of some of the world’s most valuable companies have added tens of billions of dollars in value this morning, with Apple rising 3.9%…
Tech News Digest – October 30
Join Us Now Big Tech Firms Report Strong Earnings – Google Shares Soar, Amazon, Apple and Twitter Decline Despite continuing strength in the tech sector, markets softened as investors grapple with concerns over the pandemic’s impact on the broader economy. “Shares of Apple fell nearly 4% in premarket trading after the tech giant reported a 16% decline in…
Tech News Digest – October 23
Join Us Now U.S. Justice Department Sues Google, Alleging Monopolistic Business Practices In what is certain to become a landmark case, the U.S. Justice Department is suing Google, claiming the technology company used its outsized clout to reduce competition from rival firms. “The U.S. government sued Google on Tuesday claiming that the company is an illegal monopoly,”…
Tech News Digest – October 9th
Join Us Now Google Rebrands Productivity Apps; Battles with Oracle Over Software Code Alphabet announced this week that Google’s G Suite group of productivity apps, which includes Gmail, will be rebranded as Google Workspace. The company hopes the rebranding, along with a shift in pricing, will drive more revenue and increase market share. “The changes might help…
Tech News Digest – October 16th
Join Us Now Musk Says He Will Drop Price of Model S Elon Musk, CEO and Co-Founder of Tesla, has tweeted that the price of the company’s Model S will be lowered to $69,420, a reduction of about $4,000. The announcement was apparently a reaction to the introduction of an electric luxury sedan priced at $77,400…
Tech News Digest – October 2
Join Us Now Palantir IPO Highlights Strength of Tech Sector Palantir, a data science company that helps government agencies sift through huge amounts of data, had a successful IPO this week, demonstrating the continuing strength of digital technology as a driver of financial markets. “Shares of Asana, a collaboration software provider, and Velodyne, which makes…
Tech News Digest – September 25
Join Us Now Musk Heralds New Car at Tesla Battery Day Tesla’s Battery Day event this week concluded with CEO Elon Musk heralding a new moderately priced elected car with full autonomous driving capabilities. “Musk promised a $25,000 Tesla electric car that would be available in about three years,” writes Peter Valdes-Dapena of CNN. “That would be…
Tech News Digest – September 18
Join Us Now Snowflake Shares Surge After Record-Breaking IPO Snowflake, a cloud-based data-warehousing platform founded in 2012, now holds the record for the largest software IPO in history. From my perspective, Snowflake’s debut this week on the New York Stock Exchange is a sure sign that tech remains a powerful driver of the broader economy. “Shares…
