Tag: Picks

Wall Street Analysts Are Bullish on Top Technology Picks

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Autodesk (ADSK) and Rackspace Technology (RXT) with bullish sentiments.

Autodesk (ADSK)

RBC Capital analyst Matthew Hedberg maintained a Buy rating on Autodesk on February 19 and set a price target of $340.00. The company’s shares closed last Friday at $305.40, close to its 52-week high of $321.13.

According to TipRanks.com, Hedberg is a top 25 analyst with an average return of 41.7% and a 80.7% success rate. Hedberg covers the Technology sector, focusing on stocks such as

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Multi Commodity Exchange ditches 63 Moons, picks TCS as new technology partner

Multi Commodity Exchange ditches 63 Moons, picks TCS as new technology partner

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Multi Commodity Exchange ditches 63 Moons, picks TCS as new technology partner

Multi Commodity Exchange of India (MCX) has given its contract for the implementation of the Commodity Derivatives Platform (CDP) to Tata Consultancy Services (TCS). The MCX board met on February 5 and announced its new technology partner.

This is the first time that MCX is changing its technology partner. Currently, 63 Moons Technologies, (formerly FTIL) which was the founder-promoter of MCX, is providing technology for the clearing and settlement software at MCX.

A source close to the development told Moneycontrol: “TCS was the lowest bidder in

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Alibaba Facial Recognition Tech Specifically Picks Out Uighur Minority, Report Shows | Voice of America

SHANGHAI – Technology giant Alibaba Group Holding Ltd. has facial recognition technology that can specifically pick out members of China’s Uighur minority, surveillance industry researcher IPVM said in a report. 

Alibaba itself said it was dismayed a unit developed software that can tag ethnicity in videos, and that the feature was never intended to be deployed to customers. 

The report comes as human rights groups accuse China of forcing more than 1 million Muslim Uighurs into labor camps in the region of Xinjiang and call out firms suspected of complicity. 

FILE – Residents line up inside a vocational training center
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NASA picks partner to land water-measuring technology on the moon

NASA has picked Houston-based Intuitive Machines to land a water-measuring technology on the moon.

The space agency has awarded Intuitive Machines an approximately $47 million contract to deliver a drill combined with a mass spectrometer to the lunar surface by December 2022.

The moon looms large in America’s future. NASA’s Artemis program aims to land American astronauts on the moon by 2024 and establish a sustainable human presence on Earth’s natural satellite.

“The delivery of the Polar Resources Ice Mining

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Digital Transformation Stocks to Stay Hot in 2020: 5 Picks

Demand for IoT, AI, VR and AR across industries is anticipated to grow substantially. These solutions are capable of embedding intelligence into business operations to facilitate employee and customer engagement. In fact, the COVID-19 pandemic only sped up the process of digital transformation, which now puts us in an era of remote working.

The past decade has seen significant growth in usage of smartphones, mobile devices and applications that promotes digitization. However, digital transformation is all aboutintroduction of more technologically-advanced products and services that connect and offer data-rich solutions.

Digital transformation helps streamline and integrate all business operations and also

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