Tech

China’s Chip Advances Stall as US Curbs Hit Huawei AI…

Posted by November 19, 2024

(Bloomberg) -- Huawei Technologies Co.’s ambitions to create more powerful chips for AI and smartphones have hit major snags because of US sanctions, stal

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Bond Traders Scour US Jobs Data for Clues on Fed’s…

Posted by November 1, 2024

(Bloomberg) -- Investors who’ve been hedging against a deeper selloff in US Treasuries are preparing for volatility as Friday’s hurricane- and strike-ti

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S&P 500 Wipes Out October Gains as Big Tech Hit:…

Posted by October 30, 2024

(Bloomberg) -- Stocks wiped out their October advance, with Microsoft Corp. and Meta Platforms Inc. weighing heavily on Wall Street trading after disappointing

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Nasdaq Hits Record as Alphabet Jumps in Late Hours: Markets…

Posted by October 28, 2024

(Bloomberg) -- A rally in some of the largest tech companies pushed stocks higher, with Alphabet Inc. rising in late hours as earnings beat estimates.Most Read

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US Army Works With Tech Companies to Speed Up Weapons…

Posted by October 28, 2024

(Bloomberg) -- The US Army is looking to speed up weapons development and procurement to keep up with evolving technology and make sure new equipment isn’t ou

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US Stock Futures Are Steady After Tech-Fueled Rout: Markets Wrap

Posted by October 15, 2024

(Bloomberg) -- US equity futures steadied Wednesday as chip stocks recovered partially from the previous session’s rout and as traders looked ahead to more ma

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Stocks Halt Rally as Nvidia, ASML Getting Crushed: Markets Wrap

Posted by October 14, 2024

(Bloomberg) -- Stocks got hit as a disappointing outlook from Europe’s most-valuable tech company and concern about tighter US restrictions on chip sales spur

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Bank of America Folds Fintech Investment Banking Team Into Tech

Posted by October 14, 2024

(Bloomberg) -- Bank of America Corp. has folded its fintech investment banking team into its technology practice, reflecting the industrywide shift in financial

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Stocks Fluctuate as Inflation Warmer, Jobs Cooler: Markets Wrap

Posted by October 9, 2024

(Bloomberg) -- Stocks fluctuated after data showed hotter-than-expected inflation and a slowdown in the labor market, highlighting the Federal Reserve’s chall

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US Weighs Google Breakup in Historic Big Tech Antitrust Case

Posted by October 9, 2024

(Bloomberg) -- The US Justice Department is considering asking a federal judge to force Google to sell off parts of its business in what would be a historic bre

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European Stocks Trade Steady Before US Jobs Data: Markets Wrap

Posted by October 3, 2024

(Bloomberg) -- European stocks and US futures fluctuated ahead of key American jobs data that will help identify the path for interest rates. An oil price rally

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Harris Says Keeping US Steel Domestic ‘Most Important’ Over Jobs

Posted by September 26, 2024

(Bloomberg) -- Democratic presidential candidate Kamala Harris said keeping domestic control of steel production was more important than possible job losses if

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