Latest in Broad Weakness Tech
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Tech giants press Congress to codify AI Safety Institute
A coalition of more than 60 tech companies and industry groups, including Amazon, Anthropic, Google, Meta, Microsoft and OpenAI, urged congressional leaders Tuesday to pass legislation permanently ...Politics - The Hill - October 22 -
Why is the House caving to tech lobbyists instead of protecting children?
By ensuring the Kids Online Safety Act remains focused on design regulation and safety, tech companies would be held responsible for the harm they have done. Only then will parents finally get the ...Politics - The Hill - October 22 -
Jim Cramer explains why money rotated back into Big Tech
Tuesday marked a second consecutive day of losses for the Dow Jones Industrial Average, with the index posting its first back-to-back loss since September.Business - CNBC - October 22 -
Laid Off From Big Tech? Here Come the Rebounder Founders
They were pushed out of cushy jobs at Google, Twitter, and Meta. Now they’re building startups and embracing the risk of entrepreneurship.Business - Inc. - October 23 -
Regardless of Election Result, U.S.-China Tech War Getting Hotter
The tech rivalry and jockeying for commercial and military advantage will continue whether Trump or Harris is in the White House, say experts.Business - Inc. - October 23 -
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Chinese EV and self-driving tech companies turn to IPOs for cash
Funding has been drying up for car start-ups in fiercely competitive domestic marketWorld - Financial Times - October 24 -
Draymond receives tech in second quarter of Warriors' season opener
Draymond Green received his first technical foul of the campaign in the Golden State Warriors' season opener against the Portland Trail Blazers on Wednesday.Sports - Yahoo Sports - October 24 -
Sequence launches on Google Cloud Marketplace for Web3 gaming tech
Sequence, the all-in-one platform for building Web3 games, has partnered with Google Cloud Marketplace to widen its reach to game developers.Tech - VentureBeat - October 24 -
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Tech is the star Friday, and why we'd be buyers of the dip on CrowdStrike
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 25 -
This chart shows how Nvidia soared back toward the top of the tech heap
Nvidia has tacked on more than $1 trillion in market cap in less than three months, as it looks to reclaim the title of most valuable U.S. company.Business - MarketWatch - October 26 -
The couple who took on Google and cost the tech giant £2bn
Shivaun Raff and her husband, Adam, describe their long court battle with technology giant Google.Top stories - BBC News - October 26 -
Nvidia’s stock is up nearly 200% this year, and a critical time for tech awaits
With Alphabet, Meta, Microsoft and Amazon all set to report results this week, chip-sector investors should pay attention to cloud growth and spending forecasts.Business - MarketWatch - October 28 -
US cements rule to limit high-tech investments to China
The Treasury Department cemented a final rule on Monday that limits those in the United States from investing in certain technologies to China that could bolster the nation's military and threaten ...Politics - The Hill - October 28 -
Nasdaq jumps to record close as major tech names rise ahead of earnings
The Nasdaq Composite rose to a fresh record on Tuesday as investors readied for key corporate earnings releases, including reports from notable tech names.Top stories - NBC News - October 29 -
Sources: Texas Tech's Morton to start vs. Iowa St.
Texas Tech quarterback Behren Morton looked strong in practice on Tuesday and is expected to start on Saturday at No. 11 Iowa State, sources told ESPN.Sports - ESPN - October 29 -
Europe’s Big Tech Hawks Brace for a Post-Biden Future
European ambitions to rein in the US tech giants depend on the outcome of the election—and the fate of antitrust firebrand Lina Khan.Tech - Wired - October 30 -
Sunak accuses Reeves of breaking election promises on tax
Tory leader says Labour chancellor is ‘fiddling the fiscal rules’ in her first BudgetBusiness - Financial Times - October 30 -
Capital gains tax calculator: how are you affected?
UK chancellor Rachel Reeves has announced an immediate increase in her first BudgetBusiness - Financial Times - October 30 -
Tech stock sell-off wipes out Wall Street’s October gains
Disappointing earnings from Microsoft help put US equities on track for biggest one-day drop since early SeptemberWorld - Financial Times - October 31 -
Stock market suffers a Halloween selloff as tech investors get the chills
A confluence of frightful factors sank stocks on the final day of October.Business - MarketWatch - November 1 -
Big Tech Sees AI Bets Starting to Pay Off
Microsoft, Google and Amazon all reported strong quarterly growth in cloud revenue but warned of increased capital spending.Business - The Wall Street Journal - November 1 -
Wall Street frets over Big Tech’s $200bn AI spending splurge
The four biggest US internet groups this week showed glimpses of benefits but warned of increased spendingBusiness - Financial Times - November 1 -
Security Tech Company Evolv Fires CEO Peter George
The chief executive was fired by the company board, not long after news of an internal investigation into its sales figures.Business - Inc. - November 1