TSLA Stock Falls 0.35%, Tesla Ranks Lowest on Influential JD Power Quality Survey
Following the low rating of Tesla vehicles, TSLA stock fell. On June 24, it closed at $960.85 and dropped to $954.27 at the opening today.
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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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Following the low rating of Tesla vehicles, TSLA stock fell. On June 24, it closed at $960.85 and dropped to $954.27 at the opening today.
Slack Technologies (WORK) is up today after a loss of 6.08% yesterday. The company has announced its news tech package called Slack Connect, which enhances its real time-communication across up to 20 clients.
AWC revealed the launch of Amazon Honeycode builder. But this news did not help Amazon stock to make big gains on Wednesday. AMZN closed 1.09% down, $2734.40 per share, and is down in the pre-market.
Bitfinex’s new P2P network aims to democratize the way of data access and information sharing without relying on centralized servers. The Dazaar platform allows building scalable P2P apps and also supports live video-streaming services.
Tesla has promised, among many other things, to create 5,000 jobs for the Texas county of Travis, as it proposes to build a new factory there. TSLA stock is down today.
Facebook (FB) stock price rose slightly yesterday but was down in the pre-market today. But further growth is expected.
As a way to extend its lead in the automobile manufacturing world, Daimler A.G Mercedes-Benz entered into a partnership with Nvidia Corporation to develop software that will power the next generation of cars.
A hopefully profitable move away from Intel, announced by Apple CEO Tim Cook, has pushed the company’s stock to a new all-time record high. Today in the pre-market, AAPL managed to hit $370.
Previously underperforming DELL and VMW stocks got massive boosts as Dell considers options for its $50 billion stake in VMware. Dell stock added over 18% after hours, while VMware shares gained nearly 9%.
Microsoft will shut down its Mixer platform for a partnership with Facebook Gaming. The two companies will take advantage of Microsoft’s xCloud.
Tencent revealed that it increased its stake in NIO. Now, Tencent owns 15.1% of the company’s Class A ordinary shares. NIO has been on a capital raising spree this year to shore up its balance sheet and meet its ongoing cash requirements.
In a move to bring the next-generation technology experience, the iOS 14 update brings a CarKey feature that allows users to unlock their cars using the NFC communications reader.
There is a lot in new developments for the tech giant to be proud of. Let us take a look at the key announcements that Apple made during the WWDC 2020.
Virgin Galactic signed an agreement with NASA that will allow the space tourism venture to train astronauts for trips to the International Space Station. SPCE stock price is rising.
It has become known that Tesla Model Y with 7 seats will probably become available this year already. Meanwhile, TSLA stock price is down.