Change can be hard to embrace, particularly when it means breaking with traditions formed over decades.
The world remains in the “early days of tech infusing itself in every industry, much deeper,” said Curtis, who co-manages the roughly $9.5 billion Franklin Technology Fund, in an interview with MarketWatch. “Experimentation during the crisis is going to stick, because it drives massive productivity gains.”
Global payments revenues fell an estimated 22% in the first six months of last year compared with the same stretch in 2019, according to a McKinsey report. Read: Ransomware boom comes from gangs that operate like cloud-software unicorns — ‘a truly incredible business model’
Why is there another blood transfusion AKA stimulus coming? Because otherwise I wouldn't be that confident. Amazon probably saw max demand during the pandemic
Look at the fundamentals.
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Tech buoys broader stock market early Tuesday but the Dow weighed by slump in GoldmanU.S. stock benchmarks early Tuesday were trading mixed to mostly higher, with investors in a waiting pattern ahead of another round of inflation data on...
Source: MarketWatch - 🏆 3. / 97 Read more »
Senate passes bill to boost US tech industry, counter rivalsWASHINGTON (AP) — The Senate overwhelmingly approved a bill Tuesday that aims to boost U.S. semiconductor production and the development of artificial intelligence and other technology in the face of growing international competition, most notably from China. Can't have voting rights or infrastructure but yes to boosted stocks. All it would Take is 2 Republican Senators to DO THE RIGHT THING VOTE YES on S.1 Make Sen_JoeManchin SenatorSinema IRRELEVANT What's REALLY Going to MATTER in the LONG RUN? What LeaderMcConnell Thinks about You or What HISTORY Thinks? It's YOUR LEGACY DO THE RIGHT THING The 25 richest Americans including Jeff Bezos, Mike Bloomberg and Elon Musk paid relatively little — and sometimes nothing — in federal income taxes between 2014 and 2018, according to an analysis of IRS filings by ProPublica.
Source: AP - 🏆 728. / 51 Read more »