Amazon’s stock price has been on a tear over the last year, gaining 46%. A Barclays equity research team led by Ross Sandler thinks that the party may just be getting started, initiating coverage of the stock with $1120 price target, or 29% upside. In a flurry of notes released from their Internet & Media desk on March 29, […]
» Currently browsing: Finance
If you want to help the world’s poorest, help them to farm. So says Bill Gates, and it makes sense. More than three-quarters of the poorest live in rural areas and most are smallholder farmers working less than two acres. They often lack the seeds, machinery, livestock, and finance they need to grow, so they struggle […]
As our desktop computers, laptops, mobile devices, etc. stand idly by for a huge portion of the day, the need for computing resources is growing at a fast pace. Large IoT ecosystems, machine learning and deep learning algorithms and other sophisticated solutions being deployed in every domain and industry are raising the demand for stronger cloud […]
From savings to banking to investing… finance is moving online. With this, we’re seeing the disruption of venture capital brought about by new laws that may change the game for how entrepreneurs can raise funding and who can invest.
What will Iowa’s farms look like when the combines and tractors drive themselves? How will Des Moines’ banking and insurance sectors fare when supercomputers run financial markets? Where will Iowans live when a self-driving car can take them anywhere with the tap of a smartphone? These are the kind of questions Thomas Frey ponders.
Starting a modern payments network underpinned by Ripple and supported by rules and governance for global settlement. Ripple, which earlier this month completed a $55 million Series B financing round, has announced that a number of global banks are joining forces to establish the first interbank group for global payments based on distributed ledger (blockchain) financial technology.