Technology news

It’s been a difficult period for Cathie Wood, the well-known Wall Street investor. Its flagship fund, Ark Innovation Fund, crashed to $80, which was the lowest level since September 2020. The ARKK stock price has tumbled by almost 50% from its all-time high. As a result, it has underperformed the…

The big cap technology names have taken a hit this week after the U.S. Federal Reserve signalled it might take a more aggressive approach against inflation than expected. Yet, the tech titans remain a top pick for Treasury Partners’ Richard Saperstein this year. Why isn’t Saperstein giving up on tech…

The Nasdaq 100 index has slipped nearly 5.0% this week on inflation driven sell-off in technology stocks, but Exante’s Victor Argonov says there might be more to come in the coming weeks. Tech won’t replicate outperformance of previous years Argonov doesn’t expect 2022 to be another year of outperformance for…

The Nasdaq Composite is down 5.0% this week as investors continue to pull out of the tech stocks on fears of inflation and rate hikes. But there are names that still look promising for 2022 to MAI Capital Management’s Chris Grisanti. Grisanti likes Amazon for 2022 One such name…

Vocera Communications Inc. (NYSE: VCRA) went up by 25% after it was announced that it was entering a definitive merger agreement with Stryker (NYSE: SYK) whereby Stryker would acquire its outstanding common stock shares for $79.25 per share. As a result, the total equity value will come to roughly $2.97 billion.

Fintech didn’t have a good 2021, with the Global X Fintech ETF (FINX) seeing a 10% decline last year, but Wolfe Research’s Darrin Peller is convinced the sector will outperform in 2022. Peller’s remarks on CNBC’s ‘TechCheck’ Peller does not see tightening regulations as much of a threat for the…

The pandemic has accelerated the shift towards online marketplaces, in turn raising the demand for cyber protection. This could have a significant impact on the performance of cybersecurity stocks in 2022. Here are some of our top picks. Cloudflare Cloudflare Inc. (NYSE:NET) shares have plummeted significantly…

Data Storage Corporation (NASDAQ: DTST) went up by about 30% after it announced that Flagship Solutions Group, its wholly-owned subsidiary, got a multi-million dollar contract agreement with one of the most well-known professional sports teams in the country.  The multi-million dollar contract states that Flagship Solutions will provide encrypted and…

The Nasdaq Composite is down 1.0% on Wednesday as tech stocks continued to be dull, but Independent Solutions’ Paul Meeks says investors could rotate back into technology later this year. Highlights from Meeks’ interview on CNBC’s “Squawk Box” According to Meeks, tech stocks are likely to recover at some…

Apple Inc (NASDAQ: AAPL) became the first U.S. company to hit $3.0 trillion in market cap on Monday, thanks to a nearly 3.0% jump in the stock price. The American multinational took less than four years to climb from $1.0 trillion to $3.0 trillion valuation. Apple could be a…

Stifel’s Brian Gardner expects the Federal Trade Commission (FTC) and the Department of Justice (DOJ) to tighten antitrust policies in 2022 but does that necessarily mean bad things for the mega-cap technology names? Highlights from Gardner’s interview on CNBC’s ‘The Exchange’ According to Gardner, regulation could be a bane for…

Shares of Pear Therapeutics Inc (NASDAQ: PEAR) closed up nearly 25% on Monday after BTIG said the Boston-headquartered company was the best positioned in the prescription digital therapeutics (PDT) space. BTIG’s Marie Thibault sees a 60% upside On Monday, analyst Marie Thibault assumed coverage of the stock with a “buy”…

On Monday, Duck Creek Technologies Inc. (NASDAQ:DCT) shares edged lower by about 1% ahead of its fiscal first-quarter results. Analysts are relatively pessimistic about its earnings. They expect its bottom line to decline by about 50% from the same quarter a year ago to -$0.01, while…

The healthcare space is trading at an about 20% discount to the benchmark that Virtus Investment Partners’ Joe Terranova sees as a strong enough reason to pick it as his favourite sector for 2022. Terranova’s top pick within the healthcare space According to Terranova, UnitedHealth Group Inc (NYSE: UNH)…

On Friday, Apple Inc. (NASDAQ:AAPL) shares edged slightly lower despite the news it topped Chinese smartphone sales for the second month running. The technology giant is tipped to eclipse the $3 trillion market cap soon after surging more than 37% this year. According to a report…

The Peloton (NASDAQ: PTON) stock price crashed by about 80% in 2021 as the rotation from lockdown stocks to reopening stocks continued. The sell-off continued on the final day of the year after the company received a downgrade from analysts at JMP Securities. It is trading at $35.75, which…

The Alibaba (NYSE: BABA) stock price collapsed by almost 50% in 2021 as sentiment over Chinese equities dropped. The drop brought its total market capitalization to about $303 billion.  Why BABA stock crashed There are two main reasons why the Alibaba stock price has crashed in the past two years.

On Thursday, shares of the cloud-based software provider, Calix Inc. (NYSE:CALX) gained 1.14%, extending Wednesday’s gains to more than 10%. The company revealed its addition to the S&P Mid-cap 400 Index on Wednesday, spiking a 9% gain in the stock price. Calix will replace the financial…

The semiconductor industry did well in 2021 as demand continued to do better than supplies. This trend helped push most semiconductor stocks higher. While a lot of focus is given to companies like Taiwan Semiconductor, Nvidia, and AMD, the industry is significantly big. So, let us look at the best…

Cloud computing is one of the most exciting segments of the technology sector going into 2022. The industry is expected to experience growth as companies look to capitalise on emerging digital advertising ecosystems and the emergence of non-fungible tokens (NFTs) and metaverse in the cryptocurrency market. Here are our top…

As we move into 2022, analysts expect the 5G boom to kick into a higher gear. With autonomous vehicles and the virtual reality markets gaining traction, 5G technology, which is at least 10 times faster than 4G, could become a hot commodity in the market. Therefore, some 5G stocks spanning…

With the year 2021 coming to a close, investors are sifting through markets to identify the top undervalued stocks for 2022. Here is a list of exciting picks that could be substantially undervalued. Pfizer Pfizer Inc. (NYSE:PFE) shares have gained significantly over the last three months…