Tiernan Ray has been covering technology and business for over 24 years. He was most recently technology editor for Barron's where he wrote daily market coverage for the Tech Trader blog and wrote the weekly print column of that name. He has also worked for Bloomberg and SmartMoney, and for the prestigious ComputerLetter newsletter covering venture capital investments in tech. In addition to TheStreet.com, his writing about artificial intelligence can be seen on ZDNet.com. His work has been published in the New York Times, Fortune magazine, and CNN Money. He is a graduate of Princeton University and a native of New York City.
TheStreet warned in April that pricey cloud stocks would fall to earth, and it's happened. But they may have lower still to go as investors turn away from pricey high-growth tech names.
Alphabet's Google unit is most likely the world's leader in applied artificial intelligence, but doesn't show up anywhere in the company's stock valuation.
Observers marveled at Wednesday's surprise unveiling by Microsoft of an Android-based smartphone with two hinged screens, the Surface Duo. Make no mistake though -- the gadget is a retread in a fraught product category for the software giant.
The withdrawal of the IPO push by We Co. -- for now -- is going to make it tougher for all the billion-dollar Silicon Valley startups whose dream has been to reinvent commerce by creating a new supply of everything from hotel rooms to cars to clothing.
Amidst reports that WeWork co-founder Adam Neumann may be stripped of his CEO role, one analyst suggested the cost of a delayed IPO may be a slower rate of growth in the near term.
The deflation of Uber and of WeWork shows that you can only go so far when you sacrifice disciplined investing to the greed that comes with easy money.
Uber and Lyft shares jumped on Wednesday amidst hopes a compromise could be reached by California lawmakers that would avert the worst of a bill reclassifying their drivers as full-time employees.
Shares of streaming video providers dropped as Apple announced a much lower-than-expected price for its forthcoming OTT service. But Apple's initial limited roster of content may dampen the threat, says one analyst.
The trade on and around Apple's fall iPhone unveilings is surprisingly dull from a stock returns standpoint. But now may be the time to think ahead to 2020.
Wedbush analyst Michael Pachter says regulators face an almost impossible task of showing Facebook has harmed consumers -- at least under current antitrust rules.
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