Tech Stock Selloff
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How to own Big Tech and stay diversified, plus learning more about stock buybacks
Yes, it's possible to have a diversified portfolio with three mega-cap stocks in your top five.CNBC - Business -
RenderATL is a tech conference dedicated to diverse perspectives in Atlanta
RenderATL is a different kind of tech conference that is far away from the tech heartland of Silicon Valley.VentureBeat - Tech -
Tech, Media & Telecom Roundup: Market Talk
Read about Canada’s new regulations for online streaming, Lightspeed Commerce, ATS, and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
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Meta slapped with child safety probe under sweeping EU tech law
Facebook parent company Meta on Thursday was hit with a major investigation from the EU into risks of its platforms to minors.CNBC - Business - European Union -
Schumer’s slow-walk on AI ‘regulation’ is a nothing but a boon for Big Tech
, Sen. Schumer has burned another year and wasted another opportunity to advance the conversation, as the dangers of AI overreach and huge corporate concentration have grown more grave.The Hill - Politics -
What I Got Wrong in a Decade of Predicting the Future of Tech
Over nearly 500 articles, I’ve made plenty of mistakes. Here are five big lessons those blown calls and boneheaded pronouncements have taught me along the way.The Wall Street Journal - Tech -
Musk, Bezos, Zuckerberg and other tech titans stand in the way of the common good
What better lesson in inequality is there today than that of the extraordinary rise of the tech titans, who have harnessed technology to accumulate unimaginable wealth and power and yet prevented it from benefitting the common good?MarketWatch - Business -
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China’s ‘AI-in-a-box’ products threaten Big Tech’s cloud growth strategies
Huawei leads trend of providing companies with means to power their own artificial intelligence apps rather than through public cloudFinancial Times - World - China -
Meta's Plan to Win AI Race: Give Its Tech Away Free
Mark Zuckerberg has trained his “Eye of Sauron” on Meta’s AI strategy, which comes with risks as rivals unveil their free products.The Wall Street Journal - Tech - Meta -
Why tech billionaires are trying to create a new California city
A group of Silicon Valley investors is behind the purchase of some 60,000 acres of farmland, as part of an ambitious plan to build a brand-new walkable city in the nation's most car-centric state. But will voters approve?CBS News - Top stories - California -
Stocks Mixed After 40000 Milestone
Stocks were mixed after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World - Stock Market -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - World -
Why Utilities Are Lighting Up the Stock Market
Utility stocks are suddenly white hot, thanks largely to artificial intelligence’s thirst for electricity. Investors accustomed to thinking of the sector as sleepy and safe need to realize the game has changed.The Wall Street Journal - World -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - Business -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Sony Music warns global tech and streamers over AI use of its artists
Music group representing Adele and Beyoncé contacts more than 700 companies to prohibit use of contentFinancial Times - Business -
One Tech Tip: Protecting your car from the growing risk of keyless vehicle thefts
Auto technology has evolvedABC News - Tech -
‘An AI-fueled equity bubble’ will see big tech lead the charge in coming months
Big tech can once again be the market’s crown jewels says Capital EconomicsMarketWatch - Business -
Sony Music warns tech companies: Don't use our music to train your AI
Sony Music Group is sending more than 700 letters to tech companies and music streaming services, calling on them to not use its music to train AI without authorization from the label.Los Angeles Times - Entertainment -
One Tech Tip: Protecting your car from the growing risk of keyless vehicle thefts
Auto technology has evolvedABC News - Tech -
Steve Jobs' former intern reflects on working for the tech mogul: 'I worked 20 yards away from him every day'
Steve Jobs' former intern is now a tech CEO who sold his company to Google. He attributes much of his success to his time working at NeXT.CNBC - Business -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - Business -
Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
Cannabis stocks rise as U.S. moves to reclassify pot as less dangerous
Cannabis companies including Cresco Labs, Trulieve and Ayr Wellness post solid gainsMarketWatch - Business -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
These behavioral trends drove the GameStop and AMC meme-stock rally
The meme-stock rally that lifted shares of GameStop Corp. and AMC Entertainment Holdings Inc. this week tapped into a range of human behaviors, according to behavioral finance expert Victor Ricciardi.MarketWatch - Business -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business -
Chubb raises dividend 5.8% after Berkshire-related stock boost
Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.MarketWatch - Business -
Cramer picks two 'winning' footwear stocks in a ‘nightmare’ athletic apparel market
CNBC's Jim Cramer on Thursday picked two footwear stocks he thinks are headed for success: On Holding and Deckers Outdoor.CNBC - Business -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - Business -
Cramer says these 10 stocks helped the Dow briefly crack 40,000
CNBC's Jim Cramer listed ten stocks that helped the Dow Jones Industrial Average briefly top 40,000 on Thursday, a new high for the index.CNBC - Business -
Crown Electrokinetics’ ‘meme’ stock rockets again on massive volume
Crown Electrokinetics’ stock continued its rocket ride higher on heavy volume Friday, with the smart-glass technology company saying there’s no explanation for the recent “meme”-like activity.MarketWatch - Business -
Tilray to sell a large block of stock as it preps for cannabis reclassification
Tilray Brands is getting ready for marijuana to be reclassified as a less dangerous drug in the U.S., as the cannabis company is looking to raise money through the sale of shares so it can expand.MarketWatch - Business -
GameStop Stock Slides on Plans for Share Sale, Weak Revenue
Shares of the videogame maker declined 25% after it said it plans to sell up to 45 million shares. GameStop has 306 million shares outstanding.The Wall Street Journal - World -
Jim Cramer's top 10 things to watch in the stock market Friday
Wall Street heads for a flat open Friday. Reddit shares jump in the premarket while Cracker Barrel slides.CNBC - Business -
Robinhood’s stock rockets as BofA sees retail renaissance in ‘early innings’
BofA double upgraded Robinhood shares while abandoning its bearish call on Coinbase’s stock.MarketWatch - Business