5 Top-Ranked Tech Stocks to Buy Ahead of Thanksgiving

The three major U.S. indices, namely, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq began the thanksgiving week on a bright note, courtesy encouraging vaccine data from AstraZeneca AZN and the University of Oxford.

The AstraZeneca-University of Oxford vaccine has shown 90% effectiveness. Notably, in late stage trials, vaccines developed by Pfizer and its German partner BioNTech have been found 95% effective, while Moderna’s shot is 94.5% effective. Meanwhile, Regeneron’s COVID-19 antibody treatment received emergency use authorization from the FDA.

The positive development on the vaccine front is great news for the United States, which has been seeing rising number of COVID-19 cases over the past few weeks. According to John Hopkins University data, more than 12 million people have been infected in the United States, with the death toll hitting 257,701 as of Nov 23.

Per a Reuters report, Dr. Moncef Slaoui, chief scientific adviser for

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Britain warns tech firms over risks of China expansion

FILE PHOTO: Caroline Dinenage arrives for Britain’s Prime Minister David Cameron’s first cabinet meeting at 10 Downing Street, in Westminster, London, Britain, May 12, 2015. REUTERS/Suzanne Plunkett/File Photo

LONDON (Reuters) – The British government launched a website on Tuesday warning digital and technology firms of the ethical, legal and commercial risks of expanding into China and accepting Chinese investment.

Britain published this month a bill giving ministers far-reaching power to intervene in corporate deals which could threaten national security, the culmination of years of growing concern about Chinese and other foreign investment in key industries.

Launched with the slogan “China. See the Potential. Know the Challenge” the government website is designed as a guide for digital and tech firms, encouraging good practice and raising awareness of potential issues.

“The UK is determined to support our businesses to engage with China in a way that reflects the UK’s values and takes

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COVID-19 app payment loophole won’t be fixed by the end of England lockdown | Science & Tech News, Reports

People who are told to isolate by the contact tracing app will not be able to claim financial support after lockdown ends, and may not be able to before Christmas, Sky News can reveal.

Workers with low incomes in England are entitled to receive £500 if they cannot work from home while they self-isolate, but they can only claim the support if they are given a code by a human contact tracer.

Leaked documents seen by Sky News reveal that a technical fix has been drawn up and signed off by the Treasury and Downing Street.

Yet delays in its implementation mean it will not be in place for the end of England’s lockdown on December 2, and may not arrive for several weeks after that, despite fears that contacts will increase over the holiday period.

Image:
A leaked document shows the plan for the proposed fix

Labour called on

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Tech Startups Drive 100% Jump in IPOs on Tel Aviv Stock Exchange

(Bloomberg) — Israeli startups are taking the Tel Aviv Stock Exchange by storm this year, pushing initial public offerings to a three-year high and marking a shift away from homegrown technology companies opting to list abroad.

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Through October, 14 companies had conducted IPOs worth $650 million in Tel Aviv this year, with eight of those tech or innovation-focused startups, according to data from the exchange. That’s already double the total number of listings in 2019 and the most since 2017, with more tech offerings in the pipeline.

“We’re considered all over the world as a startup nation, but essentially the Israeli exchange didn’t participate in the new economy and high tech, and 2020 is the year of the breakthrough,” said Hani Shitrit Bach, the TASE’s head of listings.

Israel’s main trading venue has struggled since a 2010 decision by index compiler MSCI Inc. to upgrade the country from

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Science and tech companies can scale faster in innovation districts

Scaling is one of the biggest challenges any company faces, requiring founders and leaders to set aside their science and innovation skills, and become experts in finance, recruitment, networking and administration. Finding the right people and organisations can help bridge that knowledge – and that’s easier when you’re based in an innovation district.

Research from Bruntwood SciTech has revealed that access to talent, the NHS, universities and the public sector are key needs for science and technology businesses – along with being part of a sector-specific community. Bruntwood SciTech’s innovation districts can be found in Manchester, Liverpool, Leeds and Birmingham – but there’s more to it than just a convenient location. Alongside a community of like-minded companies, such innovation districts bring access to business support, financial assistance and a deep-rooted understanding of the challenges and opportunities in the science and tech sector.

Help with all of those aspects is key

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Strange Bedfellows? What Tech PR and Sci-Fi Have in Common

If you are a science fiction enthusiast like me, you’re well aware of big upcoming events like the theatrical release of the movie Dune, slated for October of next year. I’m excited about seeing this new version, which is said to reflect the classic book more effectively. And hopefully, it will expunge bad memories of David Lynch’s campy 1984 version. I know many others in the tech sector are as excited about the new Dune as I am. It is the rare movie that makes the front page of a major tech publication more than a year before its release.



a close up of a gun


© Warner Bros. Pictures


I believe there is a real, meaningful intersection between technology PR, technology professionals and science fiction. Dune isn’t the only franchise that tech people love. From Star Trek to Star Wars and shows like Battlestar Galactica, we seem to consume them all. Who among

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Ghosts of dotcom boom in tech valuations

“The maths tells us in aggregate there will be considerable disappointment. But also, like 1999, the more interesting thing is the opportunity in companies that are not part of the mania. In 1999, the sectors being shunned were labelled the old economy. Today the shunned sectors include emerging markets and cyclical stocks,” Isles says.

There are of course differences in today’s technology stocks, according to Nathan Bell, head of research at InvestSMART, who says: “The dominant tech companies are perhaps the best businesses that we’ve ever seen and are extremely profitable.”

Buy now, pay later stocks like Afterpay have raised lots of capital based on their concept.  Louie Douvis

Hugh Dive, portfolio manager at Atlas Funds Management, says “Apple, Amazon, Facebook and Google are actually generating revenues and growing profits”. He adds: “What we haven’t seen in 2020 is the plethora of concept companies raising large amounts of capital solely

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The best Black Friday tech deals at Amazon

Amazon is hosting a wide variety of tech deals for Black Friday and Cyber Monday. The company started its deal festivities early by knocking down prices for many of its own devices, including some of its newer products that hadn’t yet seen any discounts. The fourth-generation Echo smart speaker, the latest Eero 6 mesh Wi-Fi routers, and more are all discounted right now, in addition to several other Amazon devices, such as the company’s entire range of Fire TV streaming devices.



The Pixel 5 is $50 off at Amazon


© Photo by Amelia Holowaty Krales / The Verge
The Pixel 5 is $50 off at Amazon

Of course, that’s just the beginning. More deals will come later this week, and we’ll be including the best deals we find below. The latest deals to hit the wire will be at the top, while the others will be organized by category. If your search for gifts spans wider than what

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BlackRock ups U.S. stocks to overweight, bullish on tech

FILE PHOTO: A sign for BlackRock Inc hangs above their building in New York U.S., July 16, 2018

LONDON (Reuters) – BlackRock, the world’s largest asset manager, has upgraded U.S. equities to “overweight”, turning bullish on quality large cap technology companies as well as small cap firms that tend to perform well during a cyclical upswing.

The asset manager said it prefers the United States as it “boasts” a higher share of “quality” companies with strong balance sheets and free cash flow generation in the high-flying tech and healthcare sectors.

The resurgence in virus cases in Europe and the United States could led to further outperformance of large cap tech and healthcare companies, it added.

In turn, BlackRock turned bearish on Europe.

In a note on Monday, BlackRock said it downgraded European equities to “underweight”, just three weeks after cutting allocations to “neutral”. It cited the region’s high exposure to

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Restaurant tech start-up Toast soars to $8 billion valuation seven months after cutting half its staff

  • Toast held a share purchase that allowed current and former employees to sell a total of up to 800,000 vested shares at $75 each, according to people familiar with the matter.
  • The secondary offering values the company at about $8 billion, up from a $4.9 billion valuation in February, before the pandemic.
  • Toast laid off half its employees in April, but has bounced back quickly, helping restaurants move their business to takeout.



a woman standing in front of a store: Radha Dhruv assistant general manager, using Toast software, February 23, 2018 in Denver, Colorado.


© Provided by CNBC
Radha Dhruv assistant general manager, using Toast software, February 23, 2018 in Denver, Colorado.

Toast, a start-up that sells software to help restaurants with online ordering, has had a rollercoaster of a year managing through the pandemic. Of late, business has been booming,

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The company responded to the recent upswing by giving stakeholders a chance to cash out some of their shares. Last week, Toast closed a secondary sale that allowed current

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