A look at the shareholders of Luokung Technology Corp. (NASDAQ:LKCO) can tell us which group is most powerful. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. I generally like to see some degree of insider ownership, even if only a little. As Nassim Nicholas Taleb said, ‘Don’t tell me what you think, tell me what you have in your portfolio.
With a market capitalization of US$110m, Luokung Technology is a small cap stock, so it might not be well known by many institutional investors. In the chart below, we can see that institutions are not really that prevalent on the share registry. We can zoom in on the different ownership groups, to learn more about Luokung Technology.
Check out our latest analysis for Luokung Technology
What Does The Institutional Ownership Tell Us About Luokung Technology?
Institutions typically measure themselves against a
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Sep 30, 2020 (The Expresswire) —
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Romanna Flores is an IT Systems Analyst at Intel and as of this summer the cofounder of Mariachi STEAM, a summer program for young Latinx musicians that is dedicated to connecting the dots between science, technology, engineering, mathematics and music.
“I like to say that I did not choose this career but that this career chose me,” shares Flores. “Every industry that I entered started with a creative focus and then evolved to a more technical position allowing me to create innovative, digital interactions. My willingness to learn and experiment with emerging technologies was embraced by application teams who welcomed a different perspective to problem-solving.”
With Mariachi STEAM, Flores and her cofounder Richard Flores are hoping to cultivate the same encouraging, informative environment for Latinx students.
“Richard Flores and I both witnessed lack-of-representation
Nasal spray that gave ’96pc infection cover’ in ferrets could protect from coronavirus
Weekly use of a nasal spray could give 96 per cent protection from coronavirus, new research from Public Health England (PHE) shows. The new preventive treatment could move to human trials within months following successful results on ferrets. The spray was originally developed to boost natural human immunity to common colds and the flu, but has been retested to see whether it would also work for coronavirus. It is produced by the Australian biotech company Ena Respiratory and works by preventing the virus from replicating in the respiratory tract. “We’ve been amazed with just how effective our treatment has been,” said Dr Christophe Demaison, managing director of Ena Respiratory. “By boosting the natural immune response of the ferrets with our treatment, we’ve seen a rapid eradication of the virus. “If humans respond in a similar
(Reuters) – U.S. stocks jumped on Monday, bouncing back from the longest weekly losing streak in a year for the S&P 500 and the Dow, with technology, banks and travel shares leading the advance.
All the 11 major S&P 500 sectors were up in early trading. The S&P 500 financials index .SPSY jumped 2.6% and was on track for its best day in two and a half months.
Shares of technology-related stocks, which bore the brunt of a sell-off earlier this month, were higher, with Facebook Inc FB.O, Alphabet Inc GOOGL.O, Amazon.com Inc AMZN.O, Apple Inc AAPL.O and Netflix Inc NFLX.O adding about 1% each.
The Financial Times reported this weekend that the US Commerce Department has sent a letter to companies warning of an “unacceptable risk” that exports to Semiconductor Manufacturing International Corporation could be used for military purposes.
It’s not entirely clear whether that letter means that official restrictions on SMIC have gone into effect. The FT reported that the firm had been “hit by US sanctions.” Reuters similarly reported that the US is tightening controls on exports to SMIC, citing the letter.
But the US Commerce Department has not yet added the Chinese firm to its Entity List, which would require US companies
HONG KONG (Reuters) – Hong Kong-listed shares of Semiconductor Manufacturing International Corp fell more than 7% on Monday after the United States imposed restrictions on exports to China’s biggest chip maker, citing a risk of military use.
SMIC’s shares fell as much as 7.9% to HK$17.12 ($2.21), the lowest since May 29, and were last down 6.7%.
The company said it had not received any official notice of the restrictions and added it has no ties with the Chinese military.
Suppliers of certain equipment to SMIC will now have to apply for individual export licenses, according to a letter from the U.S. Commerce Department dated Friday and seen by Reuters.
Earlier this year SMIC raised $6.6 billion in a secondary listing on Shanghai’s tech-centric STAR market.
TOKYO (AP) – Asian shares were mixed Friday following a selloff of technology shares on Wall Street.
Japan’s benchmark Nikkei 225 recouped early losses to rise 0.3% in morning trading to 23,310.94. South Korea’s Kospi dropped 0.8% to 2,377.92, while Australia’s S&P;/ASX 200 lost 0.8% to 5,860.50. Hong Kong’s Hang Seng gained 0.3% to 24,394.06, while the Shanghai Composite slipped 0.2% to 3,228.01.
Shares were lower in Taiwan and Southeast Asia.
Analysts say investors are preoccupied with the coronavirus pandemic and hopes for development of a safe, effective vaccine.
While Big Tech is benefiting from the shift to online life that the pandemic and ensuing stay-at-home economy has accelerated, critics said their stocks prices have surged too high.
“Big tech stocks might have seemed like safe havens, but they have found themselves at the center of a brutal sell-off,” said Stephen Innes, chief global market strategist at AxiCorp.
In 2010, Alex Hicks released his first video game on Roblox. Ten years later, he’s made more than $1 million a year as the owner of game development studio RedManta, which creates games for the popular kids platform and has since generated nearly one billion plays combined.
After several software engineering internships at Roblox, Hicks developed a solid understanding about game design, developer toolsets, and operations — a skill set that led him to quit college and develop games full time.
Now, he shares with Business Insider how embracing Roblox’s communities and focusing on efficiency helped him reach the million-dollar revenue mark in 2020.
“[A]t this point I’m feeling I’m much farther ahead than many of the people I know who graduated with game design degrees,” Hicks said.
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