Battle lines drawn with TSMC as S Korean group sets sight on $70bn processor market
(Telecompaper) A number of mergers and investments, as well as Q2's first earnings reports, set the tone in the telecoms sector last week. The winners included Turk Telekom (+5.8%), Rostelecom (+5.5%), Intelsat (+5.4%) and Altice Europe (+5.4%). That could however not prevent the Telecompaper Stock Index European Telecoms Service ending week 29 down 1.4 percent, lagging the EuropStoxx 50 (-0.5%). Several German shares were the biggest losers, including 1&1 Drillisch (-13%), United Internet (-10%) and Tele Columbus (-7.7%).
(Telecompaper) Earnings season kicked off in a negative way with Netflix reporting disappointing net additions, although its Scandinavian peer the NENT Group faired much better after reporting. The Telecompaper Stock Index Global Media ended week 29 down 2.9 percent, versus a loss of 1.2 percent for the S&P 500. Most stocks in our index were down for the week, but there were two double-digit winners: publisher Gannett (+16%) on merger talk and theatre chain AMC Entertainment (+11%) apparently on a bullish analyst report. ComScore (-17%), Netflix (-16%) and Snap (-10%) should have been avoided last week.
Trading hit a fever pitch, with shares rocketing as much as 520%, as China's new Nasdaq-style board for homegrown tech firms debuted on Monday, with valuations exceeding even the expectations of veteran investors braced for a wild ride.
Trading hit a feverish pitch on China's new Nasdaq-style board for homegrown tech firms on its debut on Monday, with most stocks surging and drawing attention away from the main board.
Michael Collins, the command module pilot on Apollo 11, expressed disagreement with the administration's focus on reaching the moon as a starting point before reaching Mars -- arguing that it should instead direct its efforts towards going directly to the red giant.
Former astronaut Buzz Aldrin -- the second man to walk on the moon -- predicted that President Trump's "Artemis" program would bring decades of progress like the United States saw with the Apollo program that launched him into space.
Miniature remote controlled cars have proved to be a crowd pleaser at track and field throwing events, but for the Tokyo 2020 Olympics Toyota Motor Corp is upping the game with a hi-tech way to fetch javelins and hammers: pint-sized, self-driving A.I. robot cars.
Hubble offers customers contact lens subscriptions at low monthly prices. Critics say it bypasses eye care professionals, doesn’t properly vet prescriptions and takes advantage of federal regulations to the detriment of consumers.
Regional cities say companies are being drawn by lower cost of living
It could be described as fate, luck or good timing. A female turtle rescued by a conservation group as an egg was miraculously returned to the same New Jersey wetlands group almost 19 years later to the day that they released it back into the wild.
Workers should leverage their status to make social change for good
Investors are shunning the country’s crowded IT scene. Some companies are now burning through cash to win market share
In the heat of a Kazakhstan night, we stood 900m (2,952ft) from the launchpad where a Soyuz rocket readied for take-off.
A tiny shark discovered in the Gulf of Mexico with mysterious pouches near its front fins has turned out to be a new species, scientists say.
On the 50th anniversary of the Apollo 11 mission, Buzz Aldrin appeared on "Cavuto Live" to discuss the historic mission and the United State's next phase in space exploration.
Apollo 11 astronaut Buzz Aldrin isn't one to mince words, and now the American hero explained why, 50 years on from the history-making mission, he is "disappointed" with NASA.
A set of original videotape recordings of the Apollo 11 Moon landing that were bought for $217.77 at a government surplus auction by a former NASA intern in the 1970s have sold at auction for $1.82M.
Plus, the fight for a $15 minimum wage and a Russian viral app that may be dangerous. (It’s not. It just makes you look older.)
Speaking at Kennedy Space Center on the 50th anniversary of the Apollo 11 Moon landing, Vice President Mike Pence announced that the Orion capsule that will take American astronauts back to the Moon is ready.