Tech Earnings Begin Quickly. Anticipate A lot of Scarcity Discuss.

Tech Earnings Start Soon. Expect Lots of Shortage Talk.

Text size Wall Street estimates for Apple could come down by the time the company reports earnings on Oct. 28. But any selloff in the stock is likely to be a buying opportunity. Jeenah Moon/Bloomberg The fall tech earnings season is upon us, and this time, the story is all about the sum of the … Read more

Tech Moguls Again GoodLeap’s Inexperienced Housing Push With $12 Billion Valuation

Tech Moguls Back GoodLeap’s Green Housing Push With $12 Billion Valuation

Americans are going to need at least $450 billion to turn their homes green in coming years, says entrepreneur Hayes Barnard, and he wants to get it to them. Mr. Barnard, a former top executive at SolarCity Corp., raised more than $1 billion in the past 10 months from tech investing luminaries like Michael Dell … Read more

Blackstone Promoting Vegas On line casino, Agency’s Most Worthwhile Property Deal

Blackstone Selling Vegas Casino, Firm’s Most Profitable Property Deal

Blackstone Inc. has reached an agreement to sell the Cosmopolitan casino and hotel on the Las Vegas Strip for $5.65 billion, the company said on Monday, and told investors in a private letter that the sale is the company’s most profitable of a single asset ever. Blackstone acquired the two-tower property for about $1.8 billion … Read more

Large Tech Firms Amass Property Holdings Throughout Covid-19 Pandemic

Big Tech Companies Amass Property Holdings During Covid-19 Pandemic

The biggest U.S. companies are sitting on record piles of cash. They are getting paid next to nothing for holding it, and they are running out of ways to spend it. So they are buying a lot of commercial real estate. Google’s announcement last week that it would purchase a Manhattan office building for $2.1 … Read more

How the dean of valuation costs loss-making tech shares — and his views on Amazon, Netflix and Airbnb

How the dean of valuation prices loss-making tech stocks — and his views on Amazon, Netflix and Airbnb

It feels like almost every new company, particularly in the technology space, that is coming to market is loss making. “Most of the old-time metrics we use, price-to-earnings, price to book, EV to EBITDA, were designed for mature companies,” says Aswath Damodaran, the professor of finance at New York University’s Stern School of Business who’s … Read more

This China skeptic concedes tech shares are low cost as chips however warns towards holding for the long run

This China skeptic concedes tech stocks are cheap as chips but warns against holding for the long term

It looks like traders think there are some bargains among Chinese internet stocks. Pinduoduo PDD, +22.25% jumped 22% on Tuesday as the Chinese ecommerce group pledged $1.5 billion in future earnings to charity, following Tencent in making sizeable donation as Chinese President Xi Jinping cracks down on the business sector. It wasn’t the only China … Read more

Large tech conferences are coming again, however smaller ones see a distinct path

Big tech conferences are coming back, but smaller ones see a different path

The (big tech) show will go on, even as the COVID-19 pandemic continues to make in-person events a rarity. The biggest of the big U.S. tech conferences offered vivid proof Wednesday, when the Consumer Technology Association said its annual mega-event, CES, would allow vaccinated people to attend in Las Vegas in January. A vast majority … Read more

Huge Tech is affected by a ‘Nice Resignation’ of staff, who say ‘It’s a great time to go away’

Big Tech is suffering from a ‘Great Resignation’ of workers, who say ‘It’s a good time to leave’

A confluence of factors have led the rank and file at Big Tech companies to leave what were coveted jobs a decade ago for the potential riches of startups and young public companies, with some participants calling it the “Great Resignation.” In much the same way that Apple Inc. AAPL, -0.48%, Google parent Alphabet Inc. … Read more

Huge Tech’s massive downside: Let staff keep residence from costly campuses or ‘threat dropping 30% of their staff’

Big Tech’s big problem: Let employees stay home from expensive campuses or ‘risk losing 30% of their workers’

Tech workers got used to working from home during the pandemic, and that could be a big problem for Big Tech. Companies such as Apple Inc. AAPL, -0.52%, Google parent Alphabet Inc. GOOGL, -0.47% GOOG, -0.35%, Facebook Inc. FB, -0.11% and Amazon.com Inc. AMZN, -1.17% have committed to bringing employees back to their giant, expensive … Read more

This might be the height of the tech increase — Right here’s what to search for

This could be the peak of the tech boom — Here’s what to look for

As tech companies begin reporting more huge profit and sales totals this week, the question to ask is how long the heady growth can continue. Investors have witnessed unprecedented growth in mature technology companies during the pandemic, with the five biggest tech giants — Google parent Alphabet Inc. GOOG GOOGL, Amazon.com Inc. AMZN, Apple Inc. … Read more