Tag: technology
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Asia tech stocks extend sell-off with SoftBank down over 7% as investors sour on AI-linked names
Asian tech stocks tracked overnight losses in U.S. tech names led by a sell-off in Broadcom.
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Foreign investors have dumped billions of dollars of Korean stocks this year despite record rally. Here’s why
The selling intensified Monday as the benchmark Kospi plunged more than 8% at the open, even as it emerged as one of the world’s standout performers thus far.
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Inside the busy Amazon warehouse redefining delivery in Europe
Amazon says robots will make work safer and deliveries faster. Euronews Next saw them in action.
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Social media bans on teens risk strengthening Big Tech’s grip on the sector, Bluesky exec warns
“We’re living in a world where it’s almost impossible for smaller entrants to come in and build healthier spaces,” Bluesky’s COO, Rose Wang, told CNBC.
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Cramer’s week ahead: Stocks face pressure from rates, oil, and a flood of new offerings
CNBC’s Jim Cramer warned that rising interest rates, elevated oil prices, and a wave of AI-related stock offerings could continue to pressure the market.
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Marvell Technology and Flex to join S&P 500 index, replacing Pool and Campbell’s
The move highlights the growing importance of the technology sector to the stock market.
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Mythos rejuvenated the cybersecurity sector. Earnings put the recent rally to the test
Mythos gave the cybersecurity sector a boost, but upbeat earnings weren’t enough for investors in search of an AI payoff.
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Google to pay SpaceX $920 million a month for compute capacity at xAI data centers
Ahead of a planned IPO, SpaceX inked a deal to rent compute capacity to Google for $920 million per month for 32 months.
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Meta’s stock sinks on report company could raise tens of billions of dollars to fund AI push
Meta shares dropped after the Financial Times reported that company could potentially raise tens of billions of dollars in a stock offering to help its AI push.
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Trump administration, OpenAI discussing possible government stake in the AI startup
OpenAI CEO Sam Altman first shared the idea with the Trump administration in 2025, according to a source.
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