Tag: Investing

Stressed Out? Blame Bad Technology | Investing News

NEW YORK (Reuters) – There is no question that we are all more dependent on technology than ever. So what happens when that tech does not work?

In the past, Emily Dreyfuss used an old-school strategy: She yelled.

When Amazon’s Alexa spat out wrong answers or misunderstood questions, Dreyfuss let the virtual assistant have it.

“I used her as a scapegoat for my feelings,” said Dreyfuss, a writer and editor for Harvard’s Shorenstein Center. “When you have a non-sentient and annoying device in your home, who isn’t doing what you want, I talked to her in not the nicest terms.

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Brazilian Soy Farmers Try 5G Technology With Huawei Equipment | Investing News

BRASILIA (Reuters) – The Brazilian farm state of Goias rolled out a pilot project on Thursday to increase productivity and take fast action against disease using fifth-generation technology and equipment provided by China’s Huawei Technologies Co.

The rollout of the agricultural support application for soy farmers comes at a time when Brazil’s government is considering whether to ban the use of Huawei equipment in next year’s auction of 5G frequencies spectrum to telecom companies.

The 5G communications will allow producers to improve crops through the collection of information by sensors placed in the fields, on harvesters and drones, so that

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Airbus, Boeing Expected to Turn to Hybrid Engine Technology for New Planes-Lessor | Investing News

CHICAGO (Reuters) – Airbus SE

and Boeing Co

are expected to turn to hybrid electric technology when they develop the next generation of airplanes because of limits on improving current engines, the head of a major aircraft lessor said on Thursday.

Airbus is already working hard on a hybrid solution but Boeing is likely to be more cautious about making a major investment in a new program given its challenges with the return of the 737 MAX and certification of the 777X, Air Lease Corp

Chief Executive Steven Udvar-Hazy said at the Skift Aviation Forum.

“I have serious doubts that

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Nasdaq Retreats as Technology Stocks Lose Favor | Investing News

NEW YORK (Reuters) – The Nasdaq closed 1.4% lower and the S&P dipped slightly on Tuesday as investors sold off technology stocks that benefited from virus lockdowns, favoring sectors that have suffered most during the pandemic instead on hopes a COVID-19 vaccine will turn the economy around.

The heavyweight technology <.SPLRCT> and consumer discretionary sectors <.SPLRCD> fell sharply and communication services <.SPLRCL> languished while investors favored small caps and economically sensitive energy <.SPNY> and industrials <.SPLRCI> sectors as well as value stocks in consumer staples <.SPLRCS>.

The main U.S. indexes had hit intraday peaks on Monday after Pfizer Inc said

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Nasdaq Closes Higher With Technology Stocks Back in Favor | Investing News

(Reuters) – The Nasdaq closed up 2% on Wednesday as investors switched back to technology stocks and away from economically sensitive sectors as they weighed COVID-19 vaccine progress against a virus surge and likely timing for a economic rebound.

After falling sharply for two days, the tech-heavy Nasdaq was boosted by “stay-at-home” stocks such as Microsoft and Netflix Inc, which closed up more than 2% and Amazon.com Inc and Apple Inc, which advanced more than 3%.

Monday’s encouraging late-stage coronavirus vaccine trial data had prompted a two-day rotation away from technology stocks into sectors that outperform coming out of a

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