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January 19, 2022

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Microsoft’s $68.7 billion deal for Activision once again shows big tech’s dominance over legacy media

CNBC
CNBC – For more and to sign up click here Microsoft’s decision to buy video game company Activision Blizzard in a $68.7 billion shows big tech firms keep pushing the envelope while legacy media companies, desperate to reposition themselves for younger audiences, sit on the sidelines. The largest technology companies,......

Ralph Lauren CEO says metaverse is way to tap into younger generation of shoppers

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CNBC – For more and to sign up click here Customers exit a Ralph Lauren Corp. store in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Ralph Lauren CEO Patrice Louvet said Monday that the fashion brand is chasing opportunities in the metaverse as a way to attract......

Walmart is quietly preparing to enter the metaverse

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CNBC – For more and to sign up click here A shopper carries a bag outside a Walmart store in San Leandro, California, on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Walmart appears to be venturing into the metaverse with plans to create its own......

Inside the metaverse economy, jobs and infrastructure projects are becoming real

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CNBC – For more and to sign up click here Facebook CEO Mark Zuckerberg is seen fencing in the “Metaverse” with an Olympic gold medal fencer during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video......

Guggenheim names Nike its best idea for 2022, citing metaverse play

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CNBC – For more and to sign up click here A customer shops at the Nike store on December 21, 2021 in Miami Beach, Florida. Joe Raedle | Getty Images Guggenheim on Monday named Nike its “best idea” for 2022. Analyst Robert Drbul said in a note to clients that......

Guggenheim names Nike its best idea for 2022, citing metaverse play

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CNBC – For more and to sign up click here A customer shops at the Nike store on December 21, 2021 in Miami Beach, Florida. Joe Raedle | Getty Images Guggenheim on Monday named Nike its “best idea” for 2022. Analyst Robert Drbul said in a note to clients that......

How the metaverse won Christmas

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CNBC – For more and to sign up click here This photo from Oculus shows what it might be like to play it in an apartment.  Oculus The metaverse won Christmas this year. Meta, Facebook’s parent company, had the most popular app in Apple’s App Store on Christmas Day: the......

Next for the metaverse: convincing you it’s not just for kids

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CNBC – For more and to sign up click here Nike is teaming up with roblox to launch a virtual world called Niketown. Source: Nike When a video game company only your kids have heard of goes public at a $38 billion valuation, you pay attention.  When Microsoft‘s CEO drops......

Roblox stock dips on lower than expected November user numbers

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CNBC – For more and to sign up click here A child looks back at a banner for Roblox, displayed to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021. Brendan McDermid | Reuters Shares of Roblox dipped......

Tech IPOs have been a bad bet in 2021 — all but one are in bear market territory

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CNBC – For more and to sign up click here People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt......

This new CNBC stock index will track shares integral to the lives and careers of younger generations

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CNBC – For more and to sign up click here Employees of Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, watch as their listing is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters CNBC is launching a new......

Zoom and other stay-at-home tech stocks rise on new Covid variant fears

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CNBC – For more and to sign up click here Shares of Zoom were up more than 10% before markets opened on Friday morning as a new Covid variant raised concerns in South Africa. Other stocks that have benefited from stay-at-home trends during the pandemic were also up. Peloton stock......

Work-from-home stocks wane in November. One trader sees more pain ahead

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CNBC – For more and to sign up click here November has not favored some of last year’s biggest work-from-home winners. Zoom, Peloton and DocuSign are all down sharply month to date, with Zoom losing around 25%, Peloton down a whopping 53% — equivalent to roughly $15 billion in market......

Jim Cramer says buy these best-of-breed tech stocks first as Nasdaq gets hit

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CNBC – For more and to sign up click here CNBC’s Jim Cramer on Tuesday laid out a strategy for equity investors who are trying to navigate this week’s Nasdaq Composite slide. The tech-heavy index has fallen 1.76% through the first two trading days, compared with the Dow Jones Industrial......

This year’s hottest technology IPOs are having a difficult day

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CNBC – For more and to sign up click here A Rivian R1T electric pickup truck during the company’s IPO outside the Nasdaq MarketSite in New York, on Wednesday, Nov. 10, 2021. Bing Guan | Bloomberg | Getty Images Some of the year’s hottest tech IPOs including Rivian, Affirm and......

Execs seemed confused about the metaverse on Q3 earnings calls

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CNBC – For more and to sign up click here A new video by Inspired by Iceland pushes back against experiencing life through the “metaverse,” as described by Mark Zuckerberg during Facebook’s rebranding to Meta on Thursday, Oct. 28, 2021. Michael Nagle | Bloomberg | Getty Images Online dating apps,......

Inside Mark Zuckerberg’s metaverse, how will the world of advertisements look?

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CNBC – For more and to sign up click here A new video by Inspired by Iceland pushes back against experiencing life through the “metaverse,” as described by Mark Zuckerberg during Facebook’s rebranding to Meta on Thursday, Oct. 28, 2021. Michael Nagle | Bloomberg | Getty Images Imagine at a......

Cramer looks at tech stocks to own in AI, the metaverse, electric vehicles and fintech

CNBC
CNBC – For more and to sign up click here CNBC’s Jim Cramer bought “Mad Money” back to San Francisco for the first time in two years and talked about the four major innovations and the companies that justify tech as a leader in the stock market. 1. ‘Using artificial......

What Jim Cramer is watching in the market Monday

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CNBC – For more and to sign up click here A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, June 29, 2020. Karen Ducey | Reuters (This article was sent first to members of the CNBC Investing Club with Jim Cramer. To get......

The metaverse is investable — and it’s going to be big, says tech billionaire

CNBC
CNBC – For more and to sign up click here A man demonstrates the uSens Inc. Impression Pi virtual reality and augmented reality interactive device at CES Unveiled, a media preview event for CES International, Monday, Jan. 4, 2016, in Las Vegas. John Locher | AP The so-called metaverse has......

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