With Technology Stocks Soaring, Tech Executives Boost Investor Confidence With Newswire’s Financial Distribution

Press release content from Newswire. The AP news staff was not involved in its creation.

NEW YORK – October 12, 2020 – ( Newswire.com )

​​Investors will be closely monitoring the tech sector as election season ramps up in the United States, and C-suite tech executives will be looking to make every effort to boost brand perception in that time leading up to Nov. 3. With Newswire’s Financial Distribution Platform, tech leaders can effectively distribute their company news, updates and performance reports to the nation’s most-read financial outlets and publications to effectively increase brand awareness during this crucial time in the country’s history.

Tech shares soared as a result of the coronavirus pandemic, as millions of Americans were limited to their homes during the lockdown periods that went into effect in early March of this year. Since then, American households became shared workspaces, schools, entertainment

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New Positions Are Warranted, But Defensive Sector Strength Signals Modest Caution (The ETF Trader And Investor For The Week Of 10/5-10/9)

This column assumes that ETFs are the primary investment tool for the reader.

Please see my weekly market summation for a review of the macro-economic environment and general macro-level market trends.

Investment thesis: the macro-averages are now in a bullish posture; it’s a good time to take a new position. But be careful; defensive sectors are starting to rise, indicating traders are a bit more cautious.

Let’s start by looking at last week’s market activity, beginning with the treasury market:

TLT 5-day

The treasury market moved lower on Monday and then traded sideways for the rest of the week. Volatility was higher on late Tuesday and Wednesday as the market digested the whipsaw activity regarding additional fiscal measures. Also note the sharp sell-off and subsequent rally on Friday, likely due to additional fiscal talk.

SPY 5-day

SPY trended higher for the entire week as shown by the central tendency line

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Adtech vet Paul Palmieri investor deck for new e-commerce platform

  • Paul Palmieri, the former founder of mobile adtech company Millennial Media and VC firm Grit Capital, just raised $3.3 million in seed round funding for his latest venture, Tradeswell.
  • Tradeswell is an e-commerce trading platform that says it integrates all of a brand’s e-commerce channels, and consolidates marketing, retail, inventory, logistics, forecasting, lifetime value, and financials across these channels in one platform.
  • The company says it can help traditional and DTC brands save millions of dollars in outsourced contracts and tap into the booming e-commerce market.
  • Visit Business Insider’s homepage for more stories.

After adtech and venture capital, media vet Paul Palmieri is taking on e-commerce.

The former founder of mobile ad tech company Millennial Media and VC firm Grit Capital just raised $3.3 million in seed round funding for his latest venture, Tradeswell, from Signalfire and Construct Capital— a real-time e-commerce trading platform that he calls “the Bloomberg terminal

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Realty investor grabs Milpitas apartments near tech hubs

MILPITAS — A veteran real estate investor with a national reach has bought a big apartment complex in Milpitas, a deal that points to ongoing strong buyer interest in the Silicon Valley housing market.

Victorian Square, an apartment complex in Milpitas, has been bought by an affiliate of Klingbeil Capital Management, a real estate firm with a San Francisco office and roots in Ohio, according to public property and business records.

The 96-unit Victorian Square, located at 2021 N. Milpitas Blvd. in Milpitas, was bought for $36.3 million, property records filed with Santa Clara County officials on Oct. 2. show.

Located near tech hubs in San Jose, Milpitas, and Fremont, the apartment complex appears to be in strong demand from renters. The apartments.com website states that none of the units in the complex are available for rent.

Investors appear to hunger for apartment complexes throughout Silicon Valley and the East

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North San Jose tech center is bought by California investor

Two modestly size office buildings that sit on a north San Jose lot that’s big enough to be redeveloped have been bought by a Southern California investor.

In a rare occurrence for Silicon Valley office buildings, the sellers sold the property for less than what they paid for it, Santa Clara County public records show.

An affiliate of JW Capital Inc., which is headed by San Diego-based investor John Wang, bought the two north San Jose buildings in a cash deal, according to property documents filed on Oct. 2.

The two buildings are located at 1110 and 1120 Ringwood Ct. in San Jose and together they total about 79,000 square feet, according to a brochure prepared by CBRE, a commercial real estate firm that has been working to find tenants for the office buildings.

JW Capital paid $10.6 million for the two buildings, county documents show. The buildings make up

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Legendary tech investor Bill Gurley says today’s markets remind him of the dot-com bubble



Bill Gurley wearing a suit and tie: Reuters


© Reuters
Reuters

  • Legendary tech investor Bill Gurley told CNBC on Friday that the stock market reminds him of the late ’90s dot-com bubble. 
  • “There is certainly what I would call a highly speculative nature to the markets today, a willingness to take on risks, a willingness to get excited about projects that may be five or 10 years in the future,” the Benchmark partner said. 
  • Other investors like Stanley Druckenmiller have drawn similar conclusions about today’s technology stocks. 

Legendary venture capitalist Bill Gurley told CNBC on Friday that the stock market reminds him of the late-1990s tech trading environment that led to the dot-com bubble.

“There is certainly what I would call a highly speculative nature to the markets today, a willingness to take on risks, a willingness to get excited about projects that may be five or 10 years in the future, that we haven’t seen since the

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A Major Tesla Investor Has Predicted Bitcoin Will Be Worth More Than $1 Trillion In Under 10 Years

Bitcoin has had a strong start to the decade, adding over 40% to its price so far this year—and taking its market capitalization to around $200 billion.

The bitcoin price, which began the year at around $7,000 per bitcoin token, has been on a roller coaster through 2020, crashing to under $4,000 in March before rebounding to well over $10,000.

With a raft of established investors turning to bitcoin this year as a potential hedge against the inflation they see coming as a result of unprecedented government spending and money-printing, a prominent investor in electric car-maker Tesla
TSLA
has said it expects bitcoin’s total value to balloon to between $1 trillion and $5 trillion during the next five to ten years.

MORE FROM FORBESBitcoin And Blockchain Are The ‘Future’ Of Twitter, CEO Jack Dorsey Reveals

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DAILY VOICE | Recent IPO activity points to ample liquidity, investor sentiment: Prasanna Pathak of Taurus MF



a man wearing a suit and tie: DAILY VOICE | Recent IPO activity points to ample liquidity, investor sentiment: Prasanna Pathak of Taurus MF


© Kshitij Anand
DAILY VOICE | Recent IPO activity points to ample liquidity, investor sentiment: Prasanna Pathak of Taurus MF

The type of responses that we have seen in recent IPOs point towards not only ample liquidity in the system but more importantly towards investor sentiment, Prasanna Pathak, Head of Equity, Taurus Mutual Fund, said in an interview with Moneycontrol’s Kshitij Anand.

Edited excerpts:

Q) US Fed plans to keep interest rates low for a long time. What is the kind of impact it will have on emerging markets like India as well as the currency?

A) The plan to keep the interest rates low for a long time, indicates that the US Fed is skeptical of demand revival in the economy and hence the revival of inflation in the short to medium term.

Though this does point to a weak economic recovery. The low-interest rates coupled with the central

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Exro to Present at the Virtual Gravitas Clean Technology Investor Day

Exro is pleased to announce it will be participating in the Gravitas Clean Technology Investor Day

CALGARY, AB / ACCESSWIRE / September 23, 2020 / Exro Technologies Inc. (the “Company” or “Exro”) (TSXV:EXRO)(OTCQB:EXROF), a leading technology company which has developed a new class of power electronics for powertrains, is pleased to announce it will be participating in the Gravitas Clean Technology Investor Day taking place Thursday, September 24th, 2020 virtually.

Exro’s Chief Executive Officer, Sue Ozdemir, is scheduled to present on Thursday, September 24th, 2020 at 10:45 AM PST. Ms. Ozdemir will also be fielding investor questions during the one-day virtual conference hosted by Gravitas Securities Inc. “I am looking forward to sharing our growth strategy with investors at the Gravitas Clean Technology Investor Day,” said Ms. Ozdemir. “With our proof of concept for the 100V Coil Driver to be delivered by Q4 2020, the Gravitas Clean Technology Investor Day

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