Tag: Breaking News: Technology
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Trump calls for Congress to pass Clarity Act crypto bill to honor Lindsey Graham
The Senate Banking Committee approved the bill 15-9 in May, with two Democrats joining Republicans to advance the legislation.
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SpaceX stock sinks for a second-straight day, nearing $135 IPO price
SpaceX went public a month ago in a record IPO. Elon Musk’s space and AI company was added to the Nasdaq-100 last week.
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Goldman Sachs picks two stocks that could benefit from a chip designer shortage
A structural shortage in labor supply across the semiconductor industry means the firms could be uniquely placed to grow EDA revenues.
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Meta’s Louisiana data center investment to reach $50 billion, aided by generous tax incentives
Meta said the planned Hyperion data center supercluster in Richland Parish, Louisiana, will be a 5GW facility and cost over $50 billion.
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TSMC, the world’s largest contract chipmaker, reports 68% surge in June revenue
Ahead of its second-quarter earnings, TSMC reported its June and first-half revenue for 2026.
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Elon Musk and Sam Altman spar on X after Apple files OpenAI lawsuit
Sam Altman insisted that Elon Musk was again obsessed with him because of an OpenAI model release earlier this week.
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Majority of U.S. workers support an AI wealth fund as tech layoffs surge, survey finds
A majority of U.S. employees now want an AI sovereign wealth fund to hold corporations more accountable, according to a recent survey, as tech layoffs rise.
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The volatile AI trade marched higher, but oil kept Wall Street on edge last week
Chip stocks had a wild but strong week. Meta led our portfolio higher.
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While Musk’s Neuralink drills into skulls, China’s BrainCo bets the future of brain tech is wearable
Interest in brain-computer interfaces is rising as it promises to help people with compromised neural abilities.
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Burnout, frustration and heartbreak: Amazon layoffs take their toll in saturated job market
In the eight-plus months since Amazon announced its most expansive job cuts ever, laid off workers have been thrust into an increasingly saturated labor market.
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