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Is the Tech Rally Back? No — It Never Went Away
Heading into Monday's trading session, many investors were concerned that the rally in tech stocks had not only come to a sudden end, but a sell-off is underway. But after one of the best trading-day performances in month on Monday, some analysts are convinced the tech rally is back and here to stay. Over the past two weeks, the technology
Google Unveils AI Job Search Engine  
FinTech
The job search has just been added to the long list of activities that is now being aided by artificial intelligence. TechCrunch reports that Google launched a new job search feature integrated directly into its normal search engine site. It incorporates almost all the key online job boards, including Monster, WayUp, LinkedIn, DirectEmployers, CareerBuilder and Facebook, plus listings it can
As Ethereum Surges, Bitcoin Finds Itself at a Crossroads
FinTech
Last week's selloff of bitcoin may have been met with a shrug by many market analysts given its volatile history, but if the selloff itself did not generate much debate around the health of the digital currency, it did serve to bring to the surface a question at the center of a debate that has already been raging for a couple of
Tech Giants Journey to White House to Aide in Government Technology Upgrade
Despite the “We Are Still In” Coalition and other public disagreements between the tech sector and President Trump’s administration, top executives made their way to D.C. on Monday to review a possible tech upgrade of government systems, reports The New York Times. Among the 18 big names and tech CEOs were Tim Cook (Apple), Jeff Bezos (Amazon), Satya Nadella (Microsoft)
Video: NexChange Talks Cybersecurity With First Look Media's Morgan Marquis-Boire
FinTech, Video
Andrew Work speaks to Morgan Marquis-Boire, senior researcher- University of Toronto, security director- First Look Media, was a speaker at the Emtech Hong Kong Event hosted by MIT Technology Review and Koelnmesse. His research on surveillance and cybersecurity along with digital targeting of activists and journalists has been featured in not just the media but also caught the attention of
Hong Kong and MIT Students Impress With Intensive Tech Entrepreneurship
Lifestyle
MIT’s new facility in Hong Kong, The Node, hosted the third MEMSI program. Students from MIT and Hong Kong universities forego sleep to invent a new product and business plan. One has already come to market. Obsessive parents, obsessive dancers, obsessive adult children, slouchers and amnesiac socialisers are on the hitlist of the millennial inventors from Hong Kong and MIT.
Jim Rogers Adds Another Fintech Company to His Portfolio
FinTech
Jim Rogers, the irascible co-founder of the Quantum Fund, has apparently invested in another fintech company. According to LiveMint, Rogers has invested an undisclosed amount in Korean robo-advisory firm Wealth & Liberty. This is Rogers’ second investment in a fintech startup – as we’ve previously reported, the global macro guru had invested in Chinese online brokerage Tiger Brokers. Little is
Hugh Hendry Loses on Le Pen Trade; Goes All in on Four Bets
Hedge Funds
There are certain alternative fund managers and derivatives analysts that take an unconventional look at the world. They express a desire for the deep understanding of risk, often looking at the ugly from the inside out. Eclectica Absolute Macro Fund manager Hugh Hendry, in an April letter to investorsreviewed by ValueWalk, looks back at the French election and sees the bigger
Advisors Find a Road Less Traveled in Fixed Income
Experienced investors know they can’t control what the market is going to offer. While it’s not unusual to find an asset manager targeting a specific return, actually achieving that goal is sometimes as much a matter of luck as skill. The simple fact is that no one, not the best stock picker or bond buyer in the world, can accurately
Elizabeth Warren Demands Entire Wells Fargo Board Be Swapped Out
In a letter sent to Federal Reserve Chair Janet Yellen, Massachusetts Democratic Senator Elizabeth Warren has called for all 12 of the Wells Fargo board members who oversaw the fake accounts scandal to be removed, reports CNBC. Warren has long been a critic of such unsavory financial practices, and her anger and actions are rooted in breath-taking statistics: Over 2