Technology Industry News
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Tech Industry in Denial That the Midterms Show Everyone Hates Them
Big Tech bet big on Trump ahead of the midterms, and it backfired. A blue tsunami overpowered largely pro-AI Republican candidates across the country — even, crucially, in Texas, where the election has now imperiled vast plans for data…
Tech Plunges After Qualcomm, Arm Earnings - Tech Roundup
Shares of technology companies plunged after disappointing earnings from Qualcomm and Arm Holdings. The rout in artificial-intelligence companies wiped out $2.5 trillion in market value from the Nasdaq, the largest loss in the index's history.
Asia's tech giants are getting crushed in the AI trade rout
Asia's technology stocks took another beating on Friday as a brutal sell-off in the AI trade swept across the region. Some of the chipmakers and technology companies that powered this year's stock-market rally were among the hardest hit. South…
Micron Technology vs. Western Digital: Which Tech Stock Is the Better Buy for 2027?
The data-heavy world of artificial intelligence (AI) creates massive demand for storage and memory. This shift forces investors to choose between Micron Technology (MU -17.46%) and Western Digital (WDC -17.36%) as they eye long-term gains. Micron…
Tech backlash and diplomacy: how the US midterms could help reshape global AI governance
The recent US midterm elections have delivered a sharp rebuke to unchecked technological expansion, demonstrating the profound political potency of grassroots opposition. SCROLL TO CONTINUE WITH CONTENT Data center development was explicitly placed…
Parabolic Technologies Inc. stock falls Thursday, underperforms market
Shares of Parabolic Technologies Inc. PARA plummeted 48.59% to $0.16 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 4.36% to 7,353.73 and Dow Jones Industrial Average DJIA…
Nasa navigation tech trial paves the way for safer lunar landings
Nasa has successfully tested new technology that will help spacecraft autonomously find safe landing sites on the Moon and other planets. The US space agency is pressing ahead with ambitious plans for a permanent base on the surface of the natural…
Tech is about to get hammered in Congress
Democrats have promised to drag CEOs to testify under oath and investigate corporate influence. Democrats have promised to drag CEOs to testify under oath and investigate corporate influence. If you buy something from a link, The Verge may earn a…
How CEOs Can Better Evaluate Their Technology Investments
Chris Dunn, CEO at ReadyCloud, a shipping, returns and growth marketing suite built for mid-market and enterprise brands. Approving new technology spend is often a fairly straightforward process. It starts with a compelling proposal or a detailed…
The rotation out of tech is becoming a risk for the broader market
Artificial intelligence could be the market's source of near-term pain, as investors dump stocks linked to the technology and instead move into other sectors. The iShares Semiconductor ETF (SOXX) has tumbled more than 23% over the past month on…
Tech Stocks Sink on Investors' AI Anxiety
Good morning. The post-election tech selloff deepens. Nintendo faces pressure. And South Korea becomes an unlikely hotspot for luxury baby goods. Listen to the day's top stories. The Nasdaq 100 fell 6.4% and wiped out $2.3 trillion in value amid a…
Shares in Musk's SpaceX plunge as tech and AI stocks fall
Rachel Clun, business reporter and Lily Jamali, North America Technology correspondent Shares in Elon Musk's SpaceX have plunged as tech and artificial intelligence stocks more broadly plummeted a day after the Democrats swept to victory in the…
Welcome to Woke 3.0, Tech Bros
The Democrats had a historic night Tuesday, with huge election wins in red states like South Carolina, North Carolina, Iowa, Kansas, and Texas. The Democrats will control the House, the Senate, and a majority of states will have Democratic…
Tech, Media & Telecom Roundup: Market Talk
The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0911 GMT – The medium- to long-term outlook for U.S. AI data centers likely involves builders…
Cancelled tech leaders need a new strategy urgently
For a badly divided country, the tech industry has come up with something American voters on both sides of the aisle can agree on: no one wants a giant artificial intelligence data centre in their backyard. The immediate business implications of…
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