Tuesday's market has seen significant movements among stocks, with some companies experiencing notable gains while others face declines. Mega-cap stocks like Oracle Corp (NYSE:ORCL) and Apple Computer Inc (NASDAQ:AAPL) have made headlines with their intraday stock movements,
Apple shares are close to key support. Breaking below $217 would bring $208 into play, according to technical stock market analysts.
AI has quickly become the ‘shiny new thing,’ not just in tech but across a wide range of economic and business sectors and applications. AI is
President-elect Donald Trump has pledged to stop TikTok going dark—but tech companies who help him risk incurring $850 billion in fines.
The U.S. Treasury Department on Friday imposed sanctions on alleged hacker Yin Kecheng and cybersecurity company Sichuan Juxinhe Network Technology Co., accusing both of being involved in a series of hacks against American telecom companies.
TikTok has announced that it will cease operations in the U.S. on Sunday, unless the Biden administration provides assurances to tech giants.
The stock was also trending after Trump reportedly said at event on Tuesday that he would be open to Oracle chairman Larry Ellison or Tesla ( TSLA) CEO Elon Musk purchasing social media app TikTok, as part of a joint venture with the US government.
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Nvidia (NVDA) stock jumped more than 4% Wednesday, extending gains from the prior day following Trump’s announcement of a massive, $500 billion AI infrastructure project. The project creates a company called Stargate,
Einhorn says the market is at the fartcoin stage of the cycle. His fund bought Peloton and made these moves. Greenlight Capital hedge fund says it's mostly avoiding tech stocks
Google earmarked $1 billion for investment in OpenAI competitor Anthropic, intensifying rivalry with Microsoft, Meta, and Amazon. Google also committed up to $2 billion in 2023 to Anthropic and is reportedly investing in other AI companies.