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Pandora Soars as Investors Get Early Glimpse of Results

January 6, 2020 admin Comments Off on Pandora Soars as Investors Get Early Glimpse of Results

(Bloomberg) — The world’s biggest maker of jewelry added roughly a tenth to its market value on Monday after reassuring investors it would reach the upper end of its profit forecast for 2019.Shares in Pandora A/S rose as much as 12%, as the Copenhagen-based company released some preliminary figures ahead of its Feb. 4 annual results. It now expects its profit margin for 2019 to be in the higher end of the previously guided range of 26-27%.The update was “definitely good news,” said Per Fogh, an analyst at Sydbank. “Many people had expected Pandora to miss that guidance altogether, so …read more […]

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3 Tech Stocks That Are Poised to Benefit From 5G Growth

January 6, 2020 admin Comments Off on 3 Tech Stocks That Are Poised to Benefit From 5G Growth

Technology evolves, and the next step in cellular tech is upon us. 5G is here, and effects will build over the next several years, as providers, device makers, and app writers adapt to the new capabilities. The new standards were set two years ago, and carrier networks started going live in the middle of last year. Early in December, T-Mobile launched the first 5G nationwide network.The main advantages that 5G will bring are already known: more room on the data channels will speed up connections; lower signal latency will make connections more responsive; and most important of all, 5G will …read more […]

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Amazon to showcase its transportation drive at world's largest tech show

January 6, 2020 admin Comments Off on Amazon to showcase its transportation drive at world's largest tech show

The Seattle retail and cloud services powerhouse plans to use the annual technology show in Las Vegas to unveil its plan to be a major player in self-driving vehicle technology, connected cars, electric vehicles and management of the torrents of data generated by automakers and drivers, company executives told Reuters. Amazon Web Services, which provides large-scale cloud computing and data management services, is central to Amazon’s strategy. “We really are extending ourselves more and more out in the ecosystem from manufacturing to connected car,” Jon Allen, head of professional services in Amazon Web Services’ automotive practice, said in …read more […]

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Bitcoin should be listed directly on Korea Exchange, says a government committee

January 6, 2020 admin Comments Off on Bitcoin should be listed directly on Korea Exchange, says a government committee

The Presidential Committee on the Fourth Industrial Revolution, a group set up by the South Korean government, has recommended that bitcoin should be listed directly on Korea Exchange (KRX), the country’s sole securities exchange operator. The committee has also suggested allowing cryptocurrency products, such as bitcoin derivatives, in the country, according to a report from […]The post Bitcoin should be listed directly on Korea Exchange, says a government committee appeared first on The Block. …read more […]