Alphabet (GOOGL) Stock Up 1% Today on 10-Year Cloud Partnership with Deutsche Bank
Alphabet (GOOGL) stock price is moving higher today. The rise is attributed to a long-term cloud partnership between Google and Deutsche Bank AG.
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Technology news includes real-time updates on Blockchain, Fintech, Augmented Reality, Virtual reality, Artificial Intelligence, Machine learning, Cyber Security, electronic gadgets, etc. There’s no doubt that technology is driving the world towards a largely digitized space.
Social media, the internet, and blockchain have been a significant part of the tech world as tech giants look to make considerable investments in those innovations.
Blockchain technology is a public, digitized ledger for recording and verifying crypto transactions. Blockchain was built in such a way that transactions recorded on it cannot be changed or altered. Blockchain’s success story has paved the way for its adoption in other fields such as election, logistics, transportation, personal identification, etc. Several top companies now employ the use of blockchain for operational tasks in order to enhance their mode of operation.
Technology is employed in every field to enhance privacy, security as well as operation speed. Over the years, cyber-crime has continued to be a major thorn in tech’s flesh as hackers take advantage of vulnerabilities in tech products. Cyber security firms have been given the task of curbing cyber-crimes and pave the way for more investors.
Fintech simply means financial technology and it involves the application of technological tools and software into financial services and operations. Fintech has seen massive adoption in the past decade as several industries such as banking, education, fundraising, health, venture management, etc. continue to reckon its importance.
The top five tech companies around the world are Google, Apple, Facebook, Amazon, and Microsoft, etc. and they worth over four trillion dollars combined.
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Alphabet (GOOGL) stock price is moving higher today. The rise is attributed to a long-term cloud partnership between Google and Deutsche Bank AG.
Tesla stock has set a new record after it surged 13.5% on Monday. The increase has pushed the company’s market value to $245 billion. Today TSLA is trading in the green again.
Apple (AAPL) stock has managed to jump over $375 during the trading session yesterday. This happened as the technology giant increased its manufacturing and delivery capacity for the last half of 2020 and the beginning of 2021.
Samsung stock fell on Tuesday morning after the tech giant posted earnings guidance for the three months that ended in June. Operating profit likely rose almost 23% from a year ago.
Despite the drop in sales in Q2, Ford (F) stock is trading in the green with a 2% surge. Meanwhile, the company rolled out the marketing strategy for its new family of Bronco SUVs.
India’s fastest growing telecom giant Reliance Jio is posing a big competition to Zoom as it is launching its own video conferencing app JioMeet without any time-limits on the video calls.
Tesla (TSLA) stock jumped 5.5% in the pre-market. The company is diversifying its product range taking reservations for Cybertruck in the Chinese market.
Tesla and CureVac are currently working together to build portable RNA printers which would help in the creation of a coronavirus vaccine.
Voice, an EOS-backed social media platform, has been launched. The site will be decentralized and will incentive contributors to the platform. Beta tests are said to be completed by 15 August 2020.
Tesla’s Q2 results beat street estimates as the stock surged a whopping 8% in the last trading session climbing all the way above $1200 levels. Tesla’s recent price surge has made it the most valuable global automobile toppling Toyota.
Intel Corporation has joined Facebook in acquiring a stake in Jio Platforms, a move that will help the companies get a soft landing in India’s 5G market. Intel stock is up.
The expected starting price for Ford’s new model is somewhere around $30,000. But to make a reservation, $100 is enough. The sale will start no earlier than next spring. F stock is up.
Pinterest (PINS) stock closed yesterday at $23.28 after adding 5.05% and in the pre-market is 2.71% up. The spike was attributed to the news that Facebook wants to shut down its Hobbi app.
While Tesla has exceeded Toyota on market value, it is still falling behind the Japanese company by a wide margin on actual car production. Tesla stock closed at $1,119.63 on July 1. After-hours, it added another 1.55% to reach $1,137.00.
Following Tesla’s progressive growth, TSLA stock now has all chances of being included in S&P 500. This has become known from a leaked email.