Netflix, Inc. (NFLX) kicked off tech earnings with a stellar report and the S&P 500 closed at a fresh closing high on Thursday, driven by expectations of a strong reporting season. Five of the Magnificient seven stocks are scheduled to disclose their quarterly scorecards in the upcoming week,
Alphabet shares closed above $200 value for the first time on Friday. While the Google parent faces regulatory hurdles and increased competition, analysts are generally optimistic about the company's opportunities in artificial intelligence.
In an unexpected market shift, NVIDIA Corporation witnessed a dramatic 17% plunge in its stock price on Monday, marking an unprecedented loss of $560B
Nvidia is the gold standard and leading provider of the graphics processing units (GPUs) used to train and run AI systems. The company is believed to control as much as 98% of the data center GPU market, according to semiconductor analyst firm TechInsights. If AI models can be trained on lower-cost, inferior chips, Nvidia has a lot to lose.
A big success story for software giant Microsoft (NASDAQ: MSFT) over the past decade has been Office 365, now called Microsoft 365. Facing competition from Alphabet's Google Docs, Microsoft launched subscription versions of its iconic Office applications.
Microsoft commits to restoring Brazil's forests for carbon credits. Deal worth ~$200 million. Big tech invests in nuclear solutions for energy needs.
President Biden's executive order addresses the race to build domestic data centers and clean energy plants in order to retain America's AI leadership.
U.S. stocks suffered a $1 trillion wipeout on Monday, the latest hiccup during what has been a hectic stretch for markets.
It's unknown whether this crash in tech stock prices is an irrational panic that will reverse, or whether it simply reflects correct pricing.
Investors sold technology stocks across the globe as they worried that the emergence of a low-cost Chinese artificial intelligence (AI) model would threaten the dominance of current leaders.
The world’s 500 richest people, led by Nvidia Corp co-founder Jensen Huang, lost a combined US$108bil as a tech-led sell-off tied to Chinese artificial intelligence (AI) developer DeepSeek sent major indices plunging.
On Monday, the global tech market took a significant hit, with the collective wealth of the world’s 500 richest individuals plummeting by $108 billion. The primary driver of this loss was a sudden market shift triggered by DeepSeek,