It's no secret that I'm a big believer in cloud computing. It's not simply because the global market for this technology – using Internet-hosted networks to store and manage data – is growing at nearly 16% a year and was worth $369 billion as of 2021. It's because of something… read more »
Tuesday, February 21, 2023Occasionally, the best way to judge the quality of a technology company isn't by its successes, but rather by its failures. You see, the tech sector is littered with companies that fell short, largely because they refused to adapt when necessary (this is often referred to as "pivoting"). Myspace, one… read more »
Friday, February 17, 2023Based solely on the headlines, e-commerce is dead in the water. It makes sense: Amazon (AMZN), the industry's juggernaut, just laid off 18,000 workers. According to the Wall Street Journal, that's the largest layoff by a major tech firm to date. But this is a time when it pays to… read more »
Tuesday, February 14, 2023By the end of this decade, robots will outnumber humans. OK, that's not quite accurate with respect to the global population. But according to one of the most successful names in finance, it will be the case for the world's biggest company. You see, Cathie Wood, CEO of investment management… read more »
Friday, February 10, 2023When it comes to fields like science and health care, some acronyms are more well-known than others. For example, you're probably familiar with the FDA (Food and Drug Administration) and its role approving and regulating new drugs and devices. And given recent history, you're probably also familiar with the CDC… read more »
Tuesday, February 7, 2023The "New Energy Economy" just reached an important milestone. Last year, for the first time, electric vehicles ("EVs") made up 10% of all new cars sold. We're talking 7.8 million units worldwide, a 68% increase since 2020. This achievement bodes well for mass adoption of EVs, a sector already valued… read more »
Friday, February 3, 2023He may not be Public Enemy No. 1, but Federal Reserve Chairman Jerome Powell sure is taking some heat these days. You see, the economy is still expanding, albeit at a slower pace. Gross domestic product ("GDP"), the measure of the value of all goods and services produced, for fourth… read more »
Tuesday, January 31, 2023Think we're not already in the middle of the "Space Race 2.0"? You're dreaming... And here's some data that'll wake you up: Five years ago, there were fewer than 90 launches into outer space around the world. That's between governments and businesses. But last year, according to astrophysicist Jonathan McDowell,… read more »
Friday, January 27, 2023By any measure, the drug Epidiolex is a massive hit. To start, it's been a financial success. In fact, it has the potential to become the next "blockbuster drug" – those with annual sales of at least $1 billion. But it's also been a godsend for those suffering from epilepsy.… read more »
Tuesday, January 24, 2023I'm pleased to report that some of my readers (hopefully you're among them) are sitting on double-digit gains in less than three months. Let me explain... Back on November 22, I told you about a company that was a great play in the booming market for outer space, a market… read more »
Friday, January 20, 2023