tech

Europe: Stocks fall as tech nerves sap sentiment; earnings, economic data in focus
[ad_1] EUROPEAN stocks fell on Thursday, dragged by technology stocks that came under fresh selling pressure while investors assessed mixed earnings and disappointing key economic data.The pan-European Stoxx 600 slipped 0.7...
California backs down on AI laws so more tech leaders don’t flee the state
[ad_1] California’s tech companies, the epicenter of the state’s economy, sent politicians a loud message this year: Back down from restrictive artificial intelligence regulation or they’ll leave.The tactic appeared to...
Singapore shares slide amid tech bubble jitters; STI down 0.1%
[ad_1] Singtel is the index’s biggest gainer, while Yangzijiang Shipbuilding drops the most[SINGAPORE] Local shares ended Wednesday (Nov 5) lower, on the back of a sharp sell-off overnight of tech...
US: Wall Street ends lower as bank CEOs warn of possible pullback, fueling tech bubble jitters
[ad_1] [NEW YORK] US stocks closed sharply lower on Tuesday as big banks warned that equity markets could be headed for a drawdown, reflecting mounting concerns over stretched valuations.All three major US...
Asia: Markets swing as trades eye tech rally, US rate outlook
[ad_1] ASIAN markets fluctuated on Tuesday as investors assessed the latest tech rally on Wall Street amid worries a bubble is forming in the sector, while mixed signals from Federal...
U.S. allowed and helped firms sell tech used for China’s surveillance state
[ad_1] U.S. lawmakers have tried four times since September last year to close what they called a glaring loophole: China is getting around export bans on the sale of powerful...
US: Wall Street opens lower after mixed tech earnings, Fed comments
[ad_1] [NEW YORK] Wall Street’s main stock indexes opened lower on Thursday (Oct 30) after mixed earnings reports from large technology firms and comments from federal reserve chair Jerome Powell...
Four thoughts from Bill Gates on climate tech
[ad_1] Gates buys offsets to cancel out his own personal emissions, to the tune of about $9 million a year, he said at the roundtable, but doesn’t expect many of...
Tech giants test investors’ patience with AI spending spree
[ad_1] Alphabet, Meta Platforms and Microsoft, together have racked up some US$78 billion in capital expenditures last quarter[SEATTLE] The largest technology companies are betting on an artificial intelligence (AI) future...
Apollo looks to bring private capital to growth tech firms
[ad_1] The alternative asset manager has also been tapping into the startup economy more through its partnership with Cadma Capital[LOS ANGELES] Apollo Global Management is partnering with venture capital firm...
As Nvidia’s market cap hits $5 trillion, these other tech giants are nearing trillion-dollar milestones of their own
[ad_1] Today, Nvidia Corporation (Nasdaq: NVDA) became the first company to cross the $5 trillion valuation—in premarket trading, at least. It marks a major milestone in stock market history and...
Saudi AI chief vows to avoid Huawei tech in bid for US chips
[ad_1] The country is subject to American restrictions on AI chip exports, with shipments of advanced accelerators requiring a license from Washington[NEW YORK] Tareq Amin, the head of Saudi Arabia’s...