Digital health stocks pummeled by Wall Street in 2024, but Hims surges

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Doximity at the New York Stock Exchange for their IPO, June 24, 2021. Source: NYSE If the Covid era marked a boom time for digital health companies, 2024 was the reckoning. In a year that saw the Nasdaq jump 32%, surpassing 20,000 for the first time this month, health tech providers largely suffered. Of 39 […]


Trump taps Silicon Valley execs for key administration roles

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U.S. President-elect Donald Trump attends Turning Point USA’s AmericaFest in Phoenix, Arizona, U.S., December 22, 2024.  Cheney Orr | Reuters President-elect Donald Trump is tapping tech heavyweights to join his new administration, continuing a trend of Silicon Valley’s growing influence in a second Trump White House. Trump said Sunday he would nominate Scott Kupor, a […]


MicroStrategy rides ‘red sweep’ to 477% gain in 2024, top tech stock

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Michael Saylor, chairman and chief executive officer at MicroStrategy, during an interview at the Bitcoin 2023 conference in Miami Beach, Florida, US, on Thursday, May 18, 2023.  Eva Marie Uzcategui | Bloomberg | Getty Images On the eve of MicroStrategy‘s stock market debut in June 1998, founder Michael Saylor stayed in a penthouse suite at […]


What Google quantum chip breakthrough means for bitcoin’s future

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Google’s recent announcement of the arrival of Willow, a quantum chip that has reduced the error tendencies of some of its predecessors, is a milestone in the effort to bring quantum computing into the real world, and in the years ahead, it could change the way we think about the risk in cryptocurrencies. Willow’s speed […]


House Democrats say GOP caved to Elon Musk, protecting China interests

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Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024.  Benoit Tessier | Reuters House Democrats Jim McGovern of Massachusetts and Rosa DeLauro of Connecticut say their Republican colleagues in Congress caved to the demands of Elon Musk, sinking a […]


Tesla (TSLA) stock climbs, reversing losses for the week

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Tesla electric vehicles are parked in a parking lot at the Tesla Gigafactory Berlin-Brandenburg plant.  Patrick Pleul | Picture Alliance | Getty Images Tesla on Friday reversed losses from earlier in the day to turn higher, as the electric vehicle maker’s shares looked to wrap up a volatile week of trading. Shares were up 0.7% […]


Bitcoin hovers around $97,000

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Omer Taha Cetin | Anadolu | Getty Images Bitcoin hovered around the $97,000 mark on Friday, recovering from earlier losses amid broader investors caution toward risk assets. Bitcoin dipped below the $93,000 mark earlier in the day before trading above that price in volatile trade. The digital asset was last trading at $96,597.36, according to […]


Elon Musk endorses far-right Alternative for Germany party in election

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Tesla CEO Elon Musk, a meagdonor and adviser to President-elect Donald Trump, is now seeking to influence Germany’s election, posting an endorsement on X of the country’s far-right Alternative for Germany (AfD) party. In a post Thursday night, Musk wrote, “Only the AfD can save Germany.” Musk, who has over 200 million listed followers on […]


Micron has for worst day since 2020 after disappointing guidance

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Micron CEO Sanjay Mehrotra speaks before President Joe Biden delivers remarks on the CHIPS and Science Act and his Investing in America agenda, at the Milton J. Rubenstein Museum in Syracuse, New York, April 25, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Micron shares plummeted 16% on Thursday — their worst day since March […]


Amazon workers strike across seven facilities during holiday shopping

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An Amazon delivery truck passes people holding signs and marching during a strike by Teamsters union members at an Amazon facility in Alpharetta, Georgia, U.S. December 19, 2024. REUTERS/Elijah Nouvelage Elijah Nouvelage | Reuters Amazon workers across seven facilities in New York, Georgia, California and Illinois went on strike on Thursday to lobby for better […]