Tech Sell Off Drags Us Stocks Lower
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Google streamlines structure to speed up AI efforts
Teams tackling artificial intelligence models unified under leadership of DeepMind founder Demis HassabisFinancial Times - Business - Google -
Israel launches calibrated retaliatory strikes against Iran
Officials and diplomats indicate attacks were limited and sought to avoid full-blown escalationFinancial Times - Business - Iran -
Will Rishi Sunak be crushed by the May 2 local elections?
Tory MPs believe PM could face no-confidence vote if party loses crucial mayoralties and hundreds of council seatsFinancial Times - Business -
UK will not ‘turn on’ post-Brexit checks of EU goods for fear of border delays
Industry groups say lack of clarity leaves businesses unsure how to manage new rules due to start on April 30Financial Times - Business - United Kingdom -
Democrats back Republican Speaker’s plan to advance US aid to Ukraine
Move sets stage for Saturday vote that could unlock $60bn in support for KyivFinancial Times - Business - Ukraine -
Bitcoin evangelist Michael Saylor has made $370 million from MicroStrategy stock sales this year
Following a share-sale plan executed last year, MicroStrategy founder Michael Saylor has profited handsomely from unloading stock in 2024.CNBC - Business - Crypto -
Trump Media alerts Nasdaq to potential market manipulation from 'naked' short selling of DJT stock
Donald Trump owns nearly 60% of Trump Media, which operates the Truth Social app. DJT shares are sharply down since their March trading debut.CNBC - Business - Donald Trump -
Trump’s ‘DJT’ stock rises as CEO ‘tries to blame’ short sellers for weakness
Trump Media & Technology’s stock rallied Friday and was headed for a third straight gain after the parent company of Donald Trump’s social-media platform Truth Social asked regulators to look into potential illegal selling activity.MarketWatch - Business -
As Paramount’s stock soars, bonds see net selling despite juicy yields and discounted prices
Paramount’s bonds that mature in 2032 and 2036 are currently yielding more than 7%.MarketWatch - Business -
What's Ryan Garcia really selling us with his erratic behavior ahead of his fight vs. Devin Haney?
The central question clouding Ryan Garcia's fight with Devin Haney is whether Garcia should really be put into a professional boxing match right now?Yahoo Sports - Sports -
Woodside Revenue Falls on Lower Prices, Volumes
Woodside Energy said weaker output and lower realized prices for its oil and natural gas drove a drop in sales revenue in its latest quarter.The Wall Street Journal - World -
Nissan Motor Cuts Annual Profit Estimate on Lower Vehicle Sales
Nissan Motor cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than previously expected due to heightened competition.The Wall Street Journal - World -
Oil market shrugs off Israeli strikes on Iran
Brent spikes above $90 before dropping close to three-week low as Tehran plays down attacksFinancial Times - World - Israel -
Tech, Media & Telecom Roundup: Market Talk
Find insight on Pure Storage, Shopify, Canadian telecoms, Intuitive Surgical, and more in the latest Market Talks covering the Tech, Media and Telecom sector.The Wall Street Journal - World -
South Korea slows plan to hike medical school admissions as doctors' strike drags on
South Korea's government says it will slow down a plan to admit more students to the country’s medical schools from next year, in a bid to end a weeks-long strike by thousands of doctorsABC News - Health - South Korea -
South Korea slows plan to hike medical school admissions as doctors' strike drags on
South Korea's government says it will slow down a plan to admit more students to the country’s medical schools from next year, in a bid to end a weeks-long strike by thousands of doctorsABC News - World - South Korea -
Nvidia dragged to worst day since March 2020 after Super Micro plunge
Super Micro Computer shares plunged on Friday as investors peeled back their holdings of one of the stock market's hottest names.CNBC - Business -
How No-Code and Low-Code Tech Is Changing Innovation and Design
The arrival of no-code and low-code platforms have tech giants advocating for intuitive technology design.Inc. - Business -
Netflix’s stock has worst day in two years as its ‘rite of passage’ gets panned
Other tech companies have pulled back on financial disclosures as they’ve grown, and now Netflix will do the same.MarketWatch - Business - Netflix -
China moves to boost foreign investment in domestic tech companies
Yahoo News - World - China -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
Oil prices post weekly loss as market sees limited risk of wider war after Israel strike on Iran
Oil prices briefly jumped more than 3% after reports of explosions near the Iranian city of Isfahan.CNBC - Business - Iran -
Car insurance rates are nuts right now. Here’s how to lower your bill when cash is tight.
Auto insurance costs are up more than 22% since this time last year. It may be time to take that defensive driving course and bank the discount.NBC News - Top stories -
Trump Media CEO Asks Nasdaq to Help Enforce Short-Selling Rules
Shares of Truth Social’s parent are up about 10% premarket, setting up another volatile session. Trump Media’s CEO asked for helping in preventing illegal naked short selling.The Wall Street Journal - World - Donald Trump -
Microsoft Makes High-Stakes Play in Tech Cold War With Emirati A.I. Deal
Microsoft said it would invest $1.5 billion in G42, an Emirati company with ties to China, as Washington and Beijing maneuver to secure tech influence in the Persian Gulf.The New York Times - Tech - Microsoft -
Stock Market Set for Longest Losing Streak in Months
A rally at the start of the year has given way to worries on Wall Street about economics and geopolitics.The New York Times - Top stories -
World’s biggest election kicks off as India votes
Millions of Indians cast ballots in the first round of a general election that ends in June.BBC News - Top stories - India -
The Simpsons Might Kill Off This Character Very Soon
The Simpsons may kill off a character on this weekend's episode of the long-running animated series. Matt Selman, who has written for The Simpsons since 1997, posted a cryptic message on social media this week, portending the death of a ...GameSpot - Tech -
We’re paying off medical debt wrong
We must rein in high prices and improve insurance coverage and hospital financial assistance so we can stamp out medical debt at the source.The Hill - Politics -
Oil market shrugs off Israeli strikes on Iran
Brent spikes above $90 before dropping close to three-week low as Tehran plays down attacksFinancial Times - Business - Israel -
How TikTok Changed Us
The app’s videos have become a fixture in the lives of tens of millions of Americans.The New York Times - Top stories - Tiktok -
Citadel Securities blasts Trump Media CEO Devin Nunes over short-selling letter
Citadel Securities, whose founder is Ken Griffin, was mentioned in a letter by Trump Media CEO Devin Nunes. Donald Trump owns most Trump Media shares.CNBC - Business - Donald Trump -
Buffalo Bills owner Terry Pegula explores selling non-controlling, minority stake in franchise
Buffalo Bills owners Terry and Kim Pegula are exploring the possibility of selling a non-controlling, minority interest in the franchise, the team announcedABC News - Sports