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1002 days ago

China tech firm selloff far from being over?

China's authorities move to tighten the oversight of data security and overseas listings combined with the chip shortage and Didi's removal from app stores led to a selloff in the technology industry. Companies such as Alibaba, Tencent and Meituan were impacted. 

#Technology

1003 days ago

Amazon is absolutely leading the cloud services market

After having been one of the first movers in the business, Amazon's Web Services is now far ahead of the pack. The worldwide market share of AWS is of about 32% in the first quarter of 2021, according to Synergy Research Group. Even #2 (Microsoft) and #3 (Google) combined do not reach a market share of the same size. The industry is on its way for a $150 billion total revenue for the year, and the 8 largest providers control 80% of the market. 

#Stocks #Technology
Amazon is absolutely leading the cloud services market

1003 days ago

Is the Nasdaq overbought?

The US Technology index might be overbought, showing levels that sparked a decline historically speaking. Time to move out or hedge one's positions? 

#Technology
Is the Nasdaq overbought?

1003 days ago

Chip shortage, an opportunity for Samsung?

Thanks to strong chips prices after the shortage, Samsung Electronics Co Ltd saw a 38% surge in profit for the April-June quarter. Indeed, being the biggest memory chip maker, Samsung benefited from the scarcity of chips caused by the pandemic-led high demand. 

#Technology

1003 days ago

Annual CO2 emissions savings to net zero: more tech incoming

Massive progress in clean energy innovation will be needed to meet our 2050 goals regarding emissions. According to the International Energy Agency, almost half of the CO2 emissions reductions by 2050 will come from technologies that are still in development now. 

#Technology
Annual CO2 emissions savings to net zero: more tech incoming
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