Retail investors continue to buy dip despite turmoil: TD Ameritrade

Retail investors continue to buy dip despite turmoil: TD Ameritrade

Retail investors have continued to buy the dip in the recent market turmoil, even liking tech despite the sector rout, according to brokerage TD Ameritrade’s AJ Kahling. “Our indicators, TD Ameritrade [Investor Movement Index]just came out this morning indicating indeed that the retail traders are continuing to buy the dip, “Kahling, head of international education … Read more

Roblox, Electronic Arts, Coinbase, RealReal and more

An attendee tries out a Electronic Arts video game during the annual Studio Showcase media event at the company’s headquarters in Redwood City, California. Tony Avelar | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Unity Software – The stock plunged more than 33% after the video game software company … Read more

Tech layoffs, hiring slowdown stand out in red-hot job market

San Francisco Compassandcamera | Getty Images US employers added more jobs than expected in April amid a tight labor market, the Bureau of Labor Statistics reported Friday. But the tech sector, which boomed during the pandemic, is showing signs of contraction. Facebook parent company Meta is pausing hiring and scaling down some recruitment plans, Insider … Read more

Meta’s first store aims to lure consumers to the metaverse

Katie Contreras and Chris Nguyen, experience experts, stand at the Customer Onboarding station for the Quest Demo space during a preview of the inaugural physical store of Facebook-owner Meta Platforms Inc in Burlingame, California, May 4, 2022. Brittany Hosea-Small | Reuters Meta is taking the next step in its evolution away from being an ad-supported … Read more

The O-Ran Opportunity – For A Faster And Innovation-Led Way Forward For 5g In India

With the accelerated deployment of 5G infrastructure, Open Radio Access Network (also known as Open RAN or O-RAN) is becoming increasingly critical for telecom service providers. This Next Gen RAN could enable them to diversify supply chains, bringing in unprecedented levels of interoperability and agility, which can help reduce capex by almost 50%. The fourth … Read more

Meta is opening a physical store to bring metaverse closer to reality

Katie Contreras and Chris Nguyen, experience experts, stand at the Customer Onboarding station for the Quest Demo space during a preview of the inaugural physical store of Facebook-owner Meta Platforms Inc in Burlingame, California, May 4, 2022. Brittany Hosea-Small | Reuters A good number of teenagers have virtual reality headsets, but have they starting using … Read more

Metaverse may be another ‘hype’ like AR / VR that failed to hook people

Let us take a break from the buzz around metaverse and find out what actually happened to the virtual reality / augmented reality (VR-AR) boom that got eyeballs a few years ago, as people began to experience real-world scenarios in three-dimension (3D) via wearable headsets. Adopted by the gaming and entertainment sectors, AR-VR headsets once … Read more

How Elliott Associates’ proposal to split two businesses at Western Digital may build value

A Western Digital office building is shown in Irvine, California, US, January 24, 2017. Mike Blake | Reuters Company: Western Digital (WDC) Business: Western Digital is a leading developer, manufacturer, and provider of data storage devices and solutions and operates in two market-leading franchises: hard disk drives (“HDD”) and NAND flash memory (“Flash”). These two … Read more

Biden demands Congress pass chips innovation bill to counter China

US President Joe Biden arrives to deliver remarks during a visit to United Performance Metals in Hamilton, Ohio, May 6, 2022. Elizabeth Frantz | Reuters President Joe Biden on Friday demanded Congress swiftly pass the Bipartisan Innovation Act, a multibillion dollar investment in the US semiconductor industry that Republicans and Democrats say will help insulate … Read more

Education Department forgives loans of over 110,000 in public service

US Education Secretary Miguel Cardona delivers remarks at the department’s Lyndon Baines Johnson Building in Washington, DC, on Jan. 27, 2022. Chip Somodevilla | Getty Images Temporary changes to the troubled public service loan forgiveness program have resulted in more than 110,000 people with student debt getting around $ 6.8 billion in relief. The new … Read more