MicroStrategy Stock Is Crumbling as Bitcoin Slides and Rates Rise

Bitcoin’s tumbling price is dragging down MicroStrategy’s stock. Dreamstime Text size MicroStrategy , a software and Bitcoin holding company, was tumbling again as the price of the crypto continued to slide. Shares of MicroStrategy (ticker: MSTR) were down 23% in trading Monday, to around $227 a share. The company held 129,218 Bitcoins on its balance … Read more

Videogames ‘Fortnite,’ ‘Minecraft’ Catapult Smiley Salamander to Global Fame

Pollution and other man-made ills weigh heavily on Mexico’s axolotl, a rare salamander popular among Aztecs back in the day. Its population in the wild has fallen by something like 99% in the past three decades, one expert said. Yet the creature’s popularity has never been higher, propelled by the same modern age chasing them … Read more

Why Sony Should Buy Final Fantasy Maker Square Enix

Text size Square Enix, the maker of the popular Final Fantasy games, is a perfect fit for Sony. Ina Fassbender/AFP via Getty Images sony needs to bulk up to ward off its multi-trillion dollar gaming rival Microsoft. Another Japan-based gaming company may be exactly what the PlayStation owner needs. The videogame industry is the most … Read more

How a smart home can get you a discount on home insurance

This article is reproduced with permission from NerdWallet. A smart thermostat can turn up the heat in your home before you get out of bed. A smart speaker can play your favorite podcasts with voice command. A smart bulb can be turned on or off from across the room. But smart home devices aren’t just … Read more

How a smart home can get you a discount on home insurance

This article is reproduced with permission from NerdWallet. A smart thermostat can turn up the heat in your home before you get out of bed. A smart speaker can play your favorite podcasts with voice command. A smart bulb can be turned on or off from across the room. But smart home devices aren’t just … Read more

Apple says China’s Covid-19 lockdowns weigh on sales

Apple Inc. AAPL 4.52% warned on Thursday that the resurgence of Covid-19 in China threatens to hamper sales of up to $8 billion in the current quarter – a setback after seeing supply chain improvements in the first three months of the year. The iPhone maker’s guidance came Thursday shortly after the company posted one … Read more

Microsoft Rises, Alphabet Falls: “Not all tech stocks are created equal”

Text size Heading into Wednesday’s session, Microsoft stock is down nearly 20% year-to-date. Gerard Julien/AFP via Getty Images It was a tale of two tech stocks on Wednesday, as Microsoft pink and Alphabet fell after earnings. Microsoft the stock rose early Wednesday, with the software maker receiving a boost from better-than-expected guidance for its fourth … Read more

Alphabet revenue shows slowing sales growth on Digital-Ad Tumult

ParentGoogle Alphabet Inc. GOOG -3.04% recorded a slowdown in sales growth as global economic turmoil disrupted digital ad spending. The company said first-quarter sales rose 23% year-over-year, the lowest rate for the tech giant since the end of 2020. In the meantime, the company saw a period of massive sales growth, as companies large and … Read more

Microsoft beats on profits after raising Office prices

Microsoft Corp. eclipsed earnings and sales estimates and generated higher-than-expected revenue across all of its business segments in an earnings report on Tuesday, but shares fell further initially after the earnings release. Microsoft MSFT, -3.74% reported third-quarter earnings of $16.73 billion, or $2.22 per share, from $2.03 per share a year ago. Revenue increased to … Read more

A secular bear market is here, says this fund manager. These are the key steps investors need to take now.

Tuesday’s rally looks wobbly as stock futures slide ahead of big Microsoft earnings MSFT and Alphabet GOOGL, after market close. These results could provide a new catalyst for market direction after Monday’s mega turnaround that some don’t trust. Also suspicious these days, the Chief Investment Officer of RTM Capital Advisors, Mark Ritchie IIwho sees a … Read more