It probably won't surprise you to learn that some of the Magnificent Seven
With the stock market rally at its most fragile stage in months, big tech earnings, a reading on economic growth and a fresh inflation print are set to greet investors in the week ahead.
After more than a decade of leaving Big Tech largely to itself, US antitrust enforcers have cranked up the heat, with several high-profile cases underway that could radically change the way the industry's giants do business.Launched under both the Trump and Biden administrations, five major cases from the Federal Trade Commission (FTC) and the Department of Justice (DOJ) are moving forward against major US technology companies -- including two against Google that could see the company split...
Investors may have celebrated the end of high inflation too soon. The CPI report shows inflation bouncing higher and thus pushing back the start date for Fed rate cuts. This
Top tech and government leaders will huddle in Washington next week to formulate plans to ensure the U.S. takes charge of the global artificial intelligence race and shapes emerging tech developments.
A man takes a selfie in front of a sign of Meta, the new name for the
Wall Street was poised to kick of the week with gains as investors focused on the latest deluge of corporate earnings.
Shares rise over 16 per cent to take company’s stock market value to over $2tn
Tesla said it would "accelerate" the launch of new models next year, including lower-cost cars, countering reports earlier this month it had scraped those plans.
U.S. stocks slumped after higher yields in the bond market cranked up the pressure on Wall Street. The S&P 500 fell 1.2% Monday. The Dow Jones Industrial Average slipped 0.7%, and the Nasdaq composite dropped 1.8%. Stocks had been up earlier in the day, rising as oil prices eased. But Treasury yields also spurted higher following the latest report on the U.S. economy to blow past expectations. Financial markets are in an awkward phase where such strength raises hopes for growing profits at...
Bitcoin's upcoming halving is likely to impact miners and long-term holders differently, says Columbia professor.
Big tech share prices were dented by a sector-wide sell-off of risky assets last week, ahead of earnings results for some of the 'Magnificent Seven'.