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Nasdaq eyes record high after strong tech earnings; 3M results hit Dow
The tech-heavy Nasdaq index was on course to open at a record high on Thursday after strong results from Facebook and Microsoft, while a slump in shares of industrial conglomerate 3M weighed on Dow futures......»»
Tech startup CollegeVine raises $24M, eyes employee benefits market
CollegeVine, the Cambridge-based education technology startup, has raised $24 million as it eyes offering its services to employers as an employee benefit. The company, which has focused on offering affordable high school guidance and college admiss.....»»
The Wall Street Journal: China’s BOE eyes Apple as it seeks to prove its advanced-manufacturing prowess
China’s campaign to become a global power in advanced manufacturing is playing out at a high-tech factory in the Sichuan province, where engineers are aiming to supply display screens for Apple Inc.’s top-tier iPhones.....»»
De Beers eyes tech markets for synthetic diamonds future
Anglo American unit De Beers is going after lucrative, but elusive high-tech markets in quantum computing, as it aims to expand its lab-grown diamond business beyond drilling and cutting......»»
Why the Bull Market Is More Fragile Than It Looks
Tech profits are skewing the historically high net profit margin of the S&P 500......»»
Daily Digest: Salesforce eyes big buy; Tesla"s deep workforce cuts
Good morning, Bay Area, and welcome to Tax Day 2024. Hope you're done or have filed an extension. In tech, Bloomberg reports that Salesforce (NYSE: CRM) is in talks to buy Redwood City-based Informatica (NYSE: INFA), according to anonymous sourc.....»»
Unknown international manufacturing firm eyes 3 new sites in Montgomery County
A fast-growing Italian manufacturer of medium and high voltage transformers plans to esta.....»»
Global shares slide as inflation fears spook tech and crypto investors, while gold hits a four-month high
Despite the Fed's dovish tones, inflation concerns caused a broad equities sell-off. Gold hit a four-month high, boosted by a weaker dollar. Visitors look at an electronic board at the Sao.....»»
Taiwan tech firms tighten precautionary measures against COVID-19
Taiwan-based high-tech companies in various sectors have a.....»»
TSMC, high-tech firms unscathed by massive outage in Taiwan
TSMC and other major high-tech firms in Taiwan have reported little impact from a five-hour rolling power blackout that affected many parts of the country on May 13......»»
Market Extra: There is a ‘super sale’ in Big Tech and other ‘high-quality’ stocks, says this fund manager
Applied Finance sees attractive buying opportunities in the stock market, including some big technology companies, according to one of its founders. U.S. stocks have slumped this week, particularly the tech-heavy Nasdaq......»»
Hedge Fund Gross Leverage Hits All Time High As HFs Furiously Short Tech Stocks
Hedge Fund Gross Leverage Hits All Time High As HFs Furiously Short Tech Stocks Hedge funds had another rough week according to Goldman's Prime Brokerage, with the GS Equ.....»»
Nasdaq ends sharply lower as tech shares tumble, Dow dragged to loss after hitting all-time high
Stocks ended lower in a tech-led selloff Monday, with the Nasdaq Composite falling sharply and the Dow Jones Industrial Average giving up a gain of more than 3.....»»
Ford"s electric pickup, the F-150 Lightning, will debut next week
Ford's long-awaited battery-powered pickup truck will be revealed during a livestreamed event on May 19, the company said Monday. Ford is resurrecting a 1990s moniker for its upcoming high-tech.....»»
Automakers Are Ditching High Tech Features Amidst Unprecedented Semi Shortage
Automakers Are Ditching High Tech Features Amidst Unprecedented Semi Shorta.....»»
US seeks to challenge China on rare-earth elements, key ingredients in Biden"s energy plan
President Biden’s agenda for a clean-energy future requires ratcheting up demand for rare-earth elements, the essential materials for many high-tech items, including green-energy products like electric vehicles and wind turbines......»»
Dow notches record but 4-day skid in tech stocks help Nasdaq Composite to notch longest losing streak since October
The Dow Jones Industrial Average on Wednesday ended at an all-time high and the Nasdaq Composite posted its longest l.....»»
Dow notches record but 4-day skid in tech stocks help Nasdaq Composite to book longest losing streak since October
The Dow Jones Industrial Average on Wednesday ended at an all-time high and the Nasdaq Composite posted its longest l.....»»
: Epic CEO: I decided to sue Apple because of App Store’s ‘negative impact’
Epic Games Inc. Chief Executive Tim Sweeney said he reluctantly decided to sue Apple Inc. despite his regard for the company and its products, as he set in motion Monday one of high tech's most important court cases......»»
: Epic CEO said he decided to sue Apple because of App Store’s ‘negative impact’
Epic Games Inc. Chief Executive Tim Sweeney said he reluctantly decided to sue Apple Inc. despite his regard for the company and its products, setting in motion one of high tech's most important court cases......»»