Tag: Shares

LKCO Stock: 5 Things to Know About Luokung Technology as Shares Rocket Today

by  on  in Technology Evolution

Luokung Technology (NASDAQ:LKCO) stock is on the rise Tuesday despite a lack of news concerning the company.

a stock image of a person working on data charts using a futuristic computer.

Source: Shutterstock

The increase in price for LKCO stock comes alongside heavy trading of its shares. As of this writing, more than 144 million shares of the stock have changed hands. That’s a massive jump over the company’s daily average trading volume of roughly 6 million shares.

So why exactly is LKCO stock up today? While the reason is unclear, it could be continued moment from the company’s direct offering of shares. That was announced on Feb. 5 and LKCO stock

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L&T Technology Shares Gain As Motilal Oswal Initiates Coverage With A ‘Buy’

by  on  in Technology Consultant

Shares of L&T Technology Services Ltd. gained the most in more than a month after Motilal Oswal initiated coverage on the stock with a ‘buy’ rating.

The engineering services company has a unique position aided by a diversified portfolio and marquee clients, the brokerage said in a note, as it set a price target of Rs 2,830 apiece—implying a potential upside of 22% from Monday’s closing price.

“L&T Technology has one of the most diversified business mixes within its peer group, with lower client concentration and five large verticals with over 10% revenue contribution,” Motilal Oswal said. As of the

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Amazon’s Chief Technology Officer Shares His Predictions for 2021

by  on  in Techology Advancement

Werner Vogels,

Amazon.com Inc.’s

chief technology officer, predicts 2021 will see a much broader distribution of the technologies that have been powering big corporations.

The shift, which includes connecting more devices to the cloud, and better access to machine learning, builds on recent advances in software and silicon as well as the acceleration of digital initiatives by companies over the past year.

“I tried to stay with some of the things that I know will be happening because we have some control of them,” said Mr. Vogels. On Wednesday, he shared eight predictions based on customer-behavior patterns and technology investments

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Why Shares in Aspen Technology Soared in November

by  on  in Techology Advancement

What happened

Shares in asset optimization software company Aspen Technology (NASDAQ:AZPN) surged 22.4% in November according to data provided by S&P Global Market Intelligence. The move comes as the company’s first-quarter 2021 results, released early in the month, helped to allay fears over the company’s growth trajectory.

Aspen’s software helps process industries companies better run their assets through digitization. For example, a chemicals processing plant can use the software to model the plant in order to predict and understand the consequences of a failure.

An industrial plant with digital icons floating above it.

Aspen Technology helps process industries optimize their assets. Image source: Getty Industries.

The stock has been

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What Type Of Shareholders Own The Most Number of Silicon Motion Technology Corporation (NASDAQ:SIMO) Shares?

by  on  in Technology Evolution

TipRanks

3 Stocks Flashing Signs of Strong Insider Buying

If you really want to know which stocks the experts – and those in the know – are buying, pay attention to what they’re doing. Stock reports, company reviews, and press statements are helpful, but you’ll get significant information from watching what the insiders are up to.The insiders – the corporate officers and board members – have to disclose when they snap up shares to prevent any unfair advantages. Tracking their stock purchases can be a useful strategy because if an insider spends their own money on a stock, it could

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