Why investors should not give up on tech stocks entirely as interest rates rise

Stung by rising rates, tech stocks have stumbled out of the gate in 2022, but strategists say don't give up on the group even if they face a rocky period ahead. Source link

An app beloved by wine geeks grew during the pandemic. The founder explains what’s next

Eric LeVine, founder and CEO of CellarTracker, visits the cellar at his Seattle home. Talia LeVine Before there was Facebook, there was CellarTracker. Eric LeVine, a former Microsoft employee who fell in love with wine on a bicycling trip in Italy, created the website for his own use in 2003 and released it to the … Read more

2022 will be the biggest year for the metaverse so far

2022 is poised to be the biggest year yet for “the metaverse,” as Facebook parent Meta, Apple, Microsoft and Google gear up to release new hardware products and software services in what so far has been a niche market for early adopters. The “metaverse” describes software and hardware that allow users to play or work … Read more

Stocks could ride the 2021 tailwind into the new year, but the jobs report and Fed will be in focus

A trader works on the floor of the New York Stock Exchange (NYSE) December 9, 2021. Brendan McDermid | Reuters It’s back to business in the week ahead with a busy economic calendar to start the new year, including the always important monthly jobs report. After a stellar 2021, stocks head into the 2022 with … Read more

Bought your kid a VR headset for Christmas? You might end up regretting it

Meta’s Oculus Quest 2 virtual reality headset. T3 Magazine | Future | Getty Images Parents who bought their children a virtual reality headset for Christmas could be in for a nasty surprise. Oculus, the VR division of Facebook parent company Meta, likely saw surging sales over the holidays, with its main app taking the top … Read more

Morgan Stanley picks ‘regional champions’ and stocks most pressured by the supply chain crisis

Cargo containers sit stacked on a ship on November 22, 2021 in Bayonne, New Jersey. Spencer Platt | Getty Images Morgan Stanley said most acute supply chain disruptions are already easing and will be more fully resolved within the first half of 2022.  That’s the base case the investment bank laid out in a recent … Read more

Alphabet was the top Big Tech stock of the year — here’s why

Sundar Pichai, CEO of Alphabet, in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Alphabet is on the verge of wrapping up its best year from an investment perspective since 2009, and has proven to be by far the top-performing Big Tech stock of 2021. As of Thursday’s close … Read more

Chinese tech giant Baidu says it could be 6 years before it can fully deliver its metaverse

Baidu Vice President Ma Jie gives reporters in Beijing a preview on Dec. 21, 2021, of how the company’s metaverse app XiRang will host a developer conference. Baidu BEIJING — While metaverse hype has swept the world this year, one of China’s tech giants in the game has revealed a version of the virtual ecosystem … Read more

Hydrogen, chips and more: Fund managers and analysts name their top stocks for 2022

A Broadcom chip in an Apple iPhone. Brent Lewin | Bloomberg | Getty Images There are investment opportunities across a broad range of sectors in 2022, from semiconductors to batteries, hydrogen and beyond — that’s according to fund managers and analysts who shared their top picks for the coming year. Source link