In a note last week, JPMorgan’s Andrew Tyler wrote that macro conditions could turn a widely-expected rate cut into a “sell the news” event.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Between 2000 and 2002, after the dot com bubble popped, the Nasdaq lost nearly 80% of its value, wiping out trillions of dollars in wealth.
iPhone sales surged to $44.5 billion in the quarter ending in June, besting analysts’ $40 billion expectations and rising 14% year-over-year.
Pubmatic’s lawsuit comes after a US Judge ruled in April that Google was maintaining an illegal monopoly in the ad tech industry.
For a year now, Apple shareholders have feared the company would lose out on easy revenue from making Google its default search engine.
ESPN’s standalone streaming service is finally here, but it’s core audience may have already found a preferred way to watch sports.
Samsung’s growth come directly at the expense of Apple, which now holds less than half of US market share.
As Meta’s market cap hovers near the $2 trillion mark, a successful launch of its glasses could put the tech giant over the edge.
Seven months after DeepSeek’s debut, it appears the company needs some American rocket power to get its AI Sputnik off the ground.
Chip industry veteran Lip-Bu Tan was supposed to fix the company’s problems. Now, Tan has become the company’s problem.
For those keeping score at home, that’s in addition to the $500 billion in domestic investments Apple announced earlier this year.
It’s not just AMD. Investors have generally been hard to please for most chipmakers so far this earnings season.
The reports made one thing clear: Big Tech’s big AI bet is already paying off — which explains why they can’t help but double down.
On Tuesday, the S&P 500 closed down 0.3%, snapping a remarkable streak of six straight closing highs through Monday.
Both Amazon and Meta have already flirted with the smartwatch space, only to ultimately abandon their initial ambitions.
The new guardrails may help the platform stay one step ahead of a growing crop of age verification laws cropping up across the country.