The daily tech stock news briefing

By Yi

Daily News briefing about stocks. Focusing on IT and semi-conductor stocks in US market, such as FAAMNG (Facebook, Apple, Amazon, Microsoft, Netflix, Google), TSMC, Nvidia, Tesla... more

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FAQs about The daily tech stock news briefing:

How many episodes does The daily tech stock news briefing have?

The podcast currently has 289 episodes available.

The daily tech stock news briefing episodes:

June 07, 2021 06/07/2021, Flipkart to raise $3 Billion.
Flipkart to raise $3 Billion.
Flipkart, the Indian e-commerce company backed by Walmart Inc., is in negotiations with investors to fund at least $3 billion. The business is aiming for a $40 billion valuation. SoftBank Group Corp. of Japan may spend $300 million to $500 million of the total. Flipkart intends to raise the additional funds in advance of an initial public offering, which is currently scheduled for next year. If the business goes public next year, it might be the largest IPO of an Indian startup ever.
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1min
June 07, 2021 06/07/2021, Apple's annual Worldwide Developers Conference ended Monday with a nearly two-hour keynote.
Apple's annual Worldwide Developers Conference ended Monday with a nearly two-hour keynote.
CEO Tim Cook and other executives concentrated on updating the company's operating system platforms. There were no fresh hardware announcements or surprises at the event. Craig Federighi began with the release of iOS 15, with enhancements to FaceTime. Apple enhanced the video communications app with spatial audio to make the experience more realistic, while also employing voice isolation to block out surrounding noise.
A new Apple Wallet feature allows you to save digital keys for automobiles, houses, businesses, and hotels. Apple has released new privacy features for Mail, Health, Home Kit, Mac OS, and Shortcuts. The Apple Watch now has the ability to measure respiratory rate. The new version of Mac OS will be called Monterey, and it will replace the present version known as Big Sur. AirPlay allows you to connect an iPhone to a Mac and exchange video or audio. Apple also revealed App Store changes, such as personalized layouts for various users and the introduction of In-App Events.
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2min
June 07, 2021 06/07/2021, Google (GOOGL) has been fined €220 million by France's antitrust authority
Google (GOOGL) has been fined €220 million by France's antitrust authority
for misusing its position, paving the way for similar disciplinary action against other internet behemoths.
On Monday, France's competition authorities accused Google of unlawfully diverting revenue to its own services and discriminating against competitors that suffered as a result.
In reaction to the action, Google has committed to reform its business methods in internet advertising.
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1min
June 07, 2021 06/07/2021, The Group of Seven Rich Countries has agreed to establish a global minimum corporation tax rate of 15%.
The Group of Seven Rich Countries has agreed to establish a global minimum corporation tax rate of 15%.
The transaction was quickly praised by Facebook Inc, and Alphabet Inc's Google followed suit. The industry may gain from the agreement if the final agreement includes eliminates increasingly popular digital services taxes.
The sector wants charges such as France's 3% tax on some Internet income repealed. Taxes levied on revenue rather than profit have grown in popularity as a means for governments to manage their budgets. The worldwide tax discussions are supported by Facebook, Google, and Twitter.
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1min
June 07, 2021 06/07/2021, Biogen shares rose 38% on Monday, reaching their highest level in almost six years.
Biogen shares rose 38% on Monday, reaching their highest level in almost six years.
Aducanumab, developed by Biogen, was approved as the first medication to target a possible cause of Alzheimer's disease. The new drug will cost $56k per year. The increased focus on biotech and pharma was welcomed by investors who had watched such firms underperform in 2021. The Nasdaq biotech index rose 3.4 percent on the day, its highest daily percentage rise in seven months.
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1min
June 07, 2021 06/06/2021, The G7 has reached a breakthrough agreement to collect more taxes from multinational corporations.
The G7 has reached a breakthrough agreement to collect more taxes from multinational corporations.
Hundreds of billions of dollars might come into the coffers of governments that have been left cash-strapped as a result of the outbreak. As a result of the agreement, big companies such as Facebook, Amazon, Google expects to pay more tax in more nations. The agreement comes after eight years of discussions that have gained traction in recent months.
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1min
June 07, 2021 06/06/2021, On Monday, Asian stocks fell
On Monday, Asian stocks fell
as relief at the positive US employment news was offset by caution ahead of critical inflation data later this week. A coronavirus epidemic in Taiwan wreaked havoc on the country's chipmakers. Investors were cautious of how large tech firms' shares would respond to the G7's agreement on a minimum worldwide corporation tax rate of at least 15%, however the White House's approval may be critical.
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1min
June 05, 2021 06/04/2021, PagerDuty was down 13% after Q1 reports
PagerDuty (NYSE:PD) shares were down today after the cloud computing company's first-quarter earnings announcement failed to impress investors. Its sales increased by 28 percent to 3.6 million in the third quarter, above projections of 2 million. Its adjusted loss per share increased from $0.04 to $0.08 a year earlier as the business increased its sales and marketing expenses. This outcome was $0.01 higher than expected. On Friday, the stock was down about 13%.
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1min
June 04, 2021 06/04/2021, SumoLogic reported strong Q1 results
Sumo Logic (Nasdaq: SUMO), a pioneer in continuous intelligence, released financial results for the first quarter of fiscal 2022, which concluded April 30, 2021. Revenue was $54.2 million, a 15% increase over the previous year. Non-GAAP net loss of $11.2 million, or $0.11 per share, was reported. Analysts predicted a 12-cent loss per share.
As of 10:41 a.m. PST, Sumo logic stock was trading at $20.46, up 9.65 percent.
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1min
June 04, 2021 06/04/2021, Square, a digital-payments business, is considering developing a Bitcoin hardware wallet.
Square, a digital-payments business, is considering developing a Bitcoin hardware wallet. The gadget contains digital cash but is not linked to the internet. Cryptocurrency investors that want an extra degree of security utilize hardware wallets. Square stock jumped as much as 3.2 percent after Jack Dorsey disclosed the intentions in a tweet on Friday. Bitcoin, Ether, and several other cryptocurrencies reached all-time highs this year before plummeting by over half.
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1min

FAQs about The daily tech stock news briefing:

How many episodes does The daily tech stock news briefing have?

The podcast currently has 289 episodes available.