Tag: technology
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Corning shares jump 9% after striking deal to power Amazon AI data centers in U.S.
Amazon is the latest megacap company to announce a massive deal with Corning, which is rapidly becoming a critical player in the AI buildout.
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Marvell Technology jumps almost 9% in premarket after news it will join the S&P 500 index
Marvell rose in premarket trading after S&P Global said the AI chipmaker would join the S&P 500 on June 22.
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Can the market handle SpaceX, OpenAI and Anthropic all at once?
Three of the most valuable companies ever created are going public within months of each other. The combined value of SpaceX, OpenAI and Anthropic could reach $4 trillion (€3.44trn). Wall Street is excited but also nervous.
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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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