China pushes forward on 6G, while US still working on 5G

China is barreling ahead on ultrafast wireless technology, quietly hurtling the world’s first 6G test satellite into space while the US is still rolling out 5G at a snail’s pace.

The satellite, called Star Era-12, has frequency bands so high that they have to be tested in space so the signals won’t be lost as easily as in air, the National Science Foundation’s Thyagarajan Nandagopal explained to The Post.

Exactly how fast the bands are isn’t known, but Nandagopal estimates a range of 100 and 500 Gigahertz, or Ghz — 100 times faster than 5G. To understand that speed, compare 5G and 4G cellphones: A 5G model is 100 times faster than a 4G, depending on the carrier.

What 6G will touch covers everything from communications to telemedicine to national security, according to Professor Tommaso Melodia, who heads Northeastern University’s Institute for the Wireless Internet of Things. And along with

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2 Top Healthcare Stocks That Jumped Last Week

Last week wasn’t a great one for the overall stock market, but it worked out well for investors holding some of the best stocks in the healthcare sector. 

Company (Symbol) Price Change During Week Ended Oct. 23, 2020  Market Cap
Align Technology (NASDAQ:ALGN) 40% $37 billion
Kodiak Sciences (NASDAQ:KOD) 26% $4.3 billion

Data source: Yahoo! Finance.

Here’s what drove these stocks higher, and why they can probably keep on climbing.

1. Align Technology: A big rebound 

Translucent braces are increasingly popular, and this company markets a leading brand, Invisalign. Shares of Align Technology shot up last week after the company reported third-quarter revenue that rose 20.9% year over year to $734 million.

Two healthcare professionals looking at a chart.

Image source: Getty Images.

Efforts to contain the global COVID-19 pandemic led Wall Street to assume much of Align’s business would be gobbled up by its main competitor, SmileDirectClub (NASDAQ:SDC), which

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Outlook on the IoT Technology Global Market to 2025 – Featuring Advanced Micro Devices, Amazon & Analog Devices Among Others

The MarketWatch News Department was not involved in the creation of this content.

The IoT Technology Market by Hardware, Software, Platforms, and Solutions by Industry Verticals 2020 – 2025 report represents the most comprehensive research covering core IoT hardware, software, and firmware as well as supporting technologies such as AI and edge computing. The report evaluates leading vendors, products, and services offerings. The quantitative portion of the report provides detailed forecasts for the global and regional IoT technology market for 2020 to 2025. The report also includes specific industry recommendations in key areas such as data analytics and AI hardware, software and services.

IoT Technology Market Drivers

At its core, IoT solutions are intended to optimize asset management, workflow, and processes. This includes automation of physical infrastructure, remote management and monitoring, and predictive insights. Virtually every operational process and procedure will be impacted by IoT at some point for most

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Here’s what a Biden presidency spells for stocks, bonds and commodities

After days on tenterhooks, investors now have clarity about the next occupant of the White House and will start planning for the presidency of Joe Biden.

On Saturday, Biden was projected the winner by the Associated Press. The 77-year-old Democrat beat Trump in Pennsylvania and other key states, propelling him to victory over incumbent President Donald Trump.

The projections for victory for the former vice president come amid the heavy toll of the COVID-19 pandemic that had framed much of the race.

Here’s what the changing political landscape means for investors across Wall Street.

Stocks

Regardless of the victory in the 2020 elections, analysts said a declared winner and thus less election uncertainty paves the way for even higher U.S. stock prices, even with the President Trump’s campaign, as recently as Saturday morning, stating his intent to challenge the election results in several battleground states.

Also, many investors had

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Align Soars as Analysts Rave About Third-Quarter Earnings

Align Technology  (ALGN) – Get Report was getting rave reviews from analysts Thursday after the maker of Invisalign teeth straighteners beat Wall Street’s third-quarter earnings expectations. 

Shares of the San Jose-based medical device company were surging 34.8% to $453.

Evercore ISI analyst Elizabeth Anderson wrote in an investors’ note that Align Technology “knocked it out of the ballpark” in the quarter.

“Align’s results show continued dental recovery in the U.S.,” Anderson said. “Strong top-line revenue beat, plus much higher-than-expected aligner revenue bodes well for the global recovery, and third-quarter growth likely benefitted from a strong teen season.”

Align Technology reported net income of $139.4 million, or $1.76 a share, compared with $102.5 million, or $1.28 a share, a year ago. Adjusted earnings were $2.25 a share.

Revenue totaled $734.1 million, up from the year-ago figure of $607.3 million. Analysts surveyed by FactSet had forecast earnings of 64 cents

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Global trade in services ‘set to surge by $2 trillion’ by 2025

City of London
City of London

More countries adopting technology and switching to remote working after the Covid-19 pandemic will drive a $2 trillion (£1.5 trillion) surge in trade in services over the next five years, according to new analysis.

Oxford Economics and Western Union modelled what effect coronavirus will have on cross-border trade, projecting that international trade in services will rise 31pc from $6.1 trillion last year to $8 trillion by 2025.

The US, France and the UK are set to see the largest increases in the value of cross-border trade in services over the next five years, the study said. In Britain, total services exports are expected to jump by $104bn, primarily driven by a boom in “digitally-deliverable services”, such as IT and financial services. 

Already in the UK, services are a dominant part of the economy, thanks to the country’s role as a leading financial and business services hub.

However,

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