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Daily News on Technology


World stocks at 1-month high as bond yields soften - Reuters

2021-10-19 08:59:00 UTC

World stocks at 1-month high as bond yields soften - ReutersWorld stocks climbed to a one-month high on Tuesday as a rally in technology shares and prospects of solid corporate earnings helped counter concerns about elevated inflationary pressures. Read more at Reuters


Indian stocks rise on IT, financial boost - Reuters India

2021-10-19 04:11:00 UTC

Indian stocks rise on IT, financial boost - Reuters IndiaIndian shares rose on Tuesday to hit another record high, led by gains in information technology and financial stocks, with investors betting on strong corporate earnings for the September quarter. Read more at Reuters


CANADA STOCKS-Tech, industrial shares lift Toronto index - Reuters

2021-10-20 13:43:00 UTC

CANADA STOCKS-Tech, industrial shares lift Toronto index - ReutersCanada's main stock index opened higher on Wednesday, as gains in industrial and technology stocks helped counter weakness in energy shares and the impact from data showing the country's annual inflation rate surged to a new 18-year high. Read more at Reuters


Wall Street closes higher as investors bet on positive earnings season - Reuters

2021-10-19 21:01:00 UTC

Wall Street closes higher as investors bet on positive earnings season - ReutersU.S. stock indexes closed higher on Tuesday with the biggest boosts from the technology and healthcare sectors as investors appeared to bet on solid quarterly reports even as some worried that it was too early to celebrate. Read more at Reuters


CANADA STOCKS-TSX climbs to record high as investors eye strong earnings - Reuters

2021-10-19 20:42:00 UTC

CANADA STOCKS-TSX climbs to record high as investors eye strong earnings - ReutersCanada's main stock index rose to a record high on Tuesday, led by technology and cannabis stocks, as investors bet that earnings seasons would be supportive of the market even as the earnings growth rate starts to slow. Read more at Reuters


Indian stocks rise on IT, financial boost - Reuters

2021-10-19 04:12:00 UTC

Indian stocks rise on IT, financial boost - ReutersIndian shares rose on Tuesday to hit another record high, led by gains in information technology and financial stocks, with investors betting on strong corporate earnings for the September quarter. Read more at Reuters


PayPal in $45 bln bid for Pinterest -sources - Reuters.com

2021-10-20 21:35:54 UTC

PayPal in $45 bln bid for Pinterest -sources - Reuters.comPayPal has offered to buy digital pinboard site Pinterest for $45 billion, people familiar with the matter said on Wednesday, a combination that could herald more tie-ups between financial technology and social media companies in e-commerce. Read more at Reuters


Nikkei rises on tech boost amid earnings caution - Reuters

2021-10-19 03:06:00 UTC

Nikkei rises on tech boost amid earnings caution - ReutersJapan's Nikkei rose on Tuesday, led by heavyweight technology stocks on the back of Nasdaq's overnight gains even as concerns prevailed ahead of the domestic earnings season starting next week. Read more at Reuters


Developed market equities, U.S. tech, Japan to gain in 2022, fund manager says - Reuters

2021-10-19 09:02:00 UTC

Developed market equities, U.S. tech, Japan to gain in 2022, fund manager says - ReutersDeveloped market equities, including U.S. technology stocks other than the so-called FAANG group, are expected to outperform next year, the global head of multi-asset at PineBridge Investments said. Read more at Reuters


Stocks rise with U.S. big growth shares; 5-yr U.S. yields climb - Reuters

2021-10-18 21:42:00 UTC

Stocks rise with U.S. big growth shares; 5-yr U.S. yields climb - ReutersGlobal stock indexes mostly rose on Monday following gains in U.S. mega-cap technology and other growth names, while five-year Treasury yields rose to their highest levels since early 2020. Read more at Reuters


Wall Street rises as investors bet on earnings - Reuters.com

2021-10-19 22:07:31 UTC

Wall Street rises as investors bet on earnings - Reuters.comU.S. stock indexes closed higher on Tuesday with the biggest boosts from the technology and healthcare sectors as investors appeared to bet on solid quarterly reports even as some worried that it was too early to celebrate. Fred Katayama reports. Read more at Reuters


Siemens-backed energy storage firm Fluence aims to raise $744 mln in U.S. IPO - Reuters

2021-10-19 11:37:00 UTC

Siemens-backed energy storage firm Fluence aims to raise $744 mln in U.S. IPO - ReutersFluence Energy Inc, an energy storage technology company backed by industry giant Siemens AG, said on Tuesday it was aiming to raise up to $744 million in its initial public offering in the United States. Read more at Reuters


Germany's Sunfire receives fresh investment for electrolyser production - Reuters

2021-10-18 06:26:00 UTC

GermanyGermany's Sunfire, a Dresden-based clean technology company, on Monday said it has secured 109 million euros ($126 million) of funding to boost its role in fast expanding markets for green hydrogen derived from renewable sources like wind or solar. Read more at Reuters


Siemens prepares separation of large-drive business - Reuters

2021-10-18 07:06:00 UTC

Siemens prepares separation of large-drive business - ReutersSiemens (SIEGn.DE) is preparing a possible separation of its large drive applications (LDA) business, the German engineering and technology company said on Monday, confirming media repor Read more at Reuters


Tech stocks help Asian markets shake off China blues - Reuters

2021-10-19 06:36:00 UTC

Tech stocks help Asian markets shake off China blues - ReutersAsian shares bounced on Tuesday, led by technology names across the region and as Chinese markets clawed back ground lost after disappointing economic data, while the improved investor confidence weighed on the safe-haven dollar. Read more at Reuters


U.S. FCC commissioner wants new restrictions review for Chinese dronemaker DJI - Reuters

2021-10-19 15:48:00 UTC

U.S. FCC commissioner wants new restrictions review for Chinese dronemaker DJI - ReutersA Republican member of the Federal Communications Commission (FCC) on Tuesday said he wants the U.S. telecommunications regulator to begin the process of imposing new restrictions on Chinese drone maker SZ DJI Technology Co. Read more at Reuters


HK stocks hit near 6-week high on tech boost; China market range-bound - Reuters

2021-10-20 04:58:00 UTC

HK stocks hit near 6-week high on tech boost; China market range-bound - ReutersHong Kong stocks hit a near six-week high on Wednesday, aided by a sustained rebound in technology names, while China shares were range-bound amid lingering uncertainty around monetary policies and China Evergrande Group's debt woes. Read more at Reuters


Wall Street ends higher as investors bet on positive earnings season - Reuters

2021-10-19 20:47:00 UTC

Wall Street ends higher as investors bet on positive earnings season - ReutersU.S. stock indexes closed higher on Tuesday with the biggest boosts from the technology and healthcare sectors as investors appeared to bet on solid quarterly reports even as some worried that it was too early to celebrate. Read more at Reuters


Wall Street rises as investors bet on positive earnings season - Reuters

2021-10-19 18:57:00 UTC

Wall Street rises as investors bet on positive earnings season - ReutersU.S. stock indexes rose on Tuesday with the biggest boosts from the technology and healthcare sectors as investors appeared to bet on solid quarterly reports even as some worried that it was too early to celebrate. Read more at Reuters


Logistics tech firm Flock Freight turns unicorn after SoftBank-led funding - Reuters

2021-10-20 14:17:00 UTC

Logistics tech firm Flock Freight turns unicorn after SoftBank-led funding - ReutersU.S. logistics technology firm Flock Freight said on Wednesday it had reached a valuation of more than $1 billion, after raising $215 million in a funding round led by SoftBank Vision Fund 2. Read more at Reuters



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