Technology Industry News
A collection of Technology latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Tech Slides on CoreWeave Credit Fears -- Tech Roundup
Shares of technology companies tumbled as fears intensified that cloud-computing provider CoreWeave had overextended itself on credit to build artificial-intelligence infrastructure. CoreWeave shares plunged, losing more than 10%. One strategist…
Palantir Technologies declines 7% amid broader tech selloff (PLTR:NASDAQ)
SA Spotlight uses AI to summarize content published on Seeking Alpha. All summaries are reviewed by human editors prior to publication. Palantir Technologies (PLTR) sank more than 7% on Friday, closing at $186.03 following a decline of $14.47.
Why Tech's AI Borrowing Binge Is Rattling Markets
The market for credit-default swaps, financial instruments that function much like insurance policies for Wall Street's debt trades, rarely attracts attention when everything is going well. But when the cost of insuring a company's debt starts…
U.S. Stocks Fall as Credit Fears Haunt Tech Sector -- Update
The Dow Jones Industrial Average fell 175.28 points, or 0.34%, to 52002.41. The S&P 500 lost 84.62 points, or 1.09%, to 7659.44. The Nasdaq Composite dropped 572.99 points, or 2.14%, to 26140.03. The tech-heavy index lost about 4.5% for the week…
Nowhere to hide: Tech selloff hits software and chip stocks alike
Even the software sector wasn't immune from a broad-based technology selloff in the stock market Friday. Investors had been rotating into the software sector earlier in the week, deeming these stocks to be compelling alternatives to highflying chip…
Tech vendors predict lucrative reselling market for Apple's foldable iPhone Duo
Pre-orders for Apple's newly announced foldable smartphone, the iPhone Duo, open at 8pm on Friday. Merchants at Sin Tat Plaza, a prominent mobile phone trading hub in Mong Kok, anticipate strong resale margins—particularly for lower-storage…
Toyota to debut its own version of Tesla EV-making tech in China
Toyota plans to use its own gigacasting machinery to make electric vehicles at a $2 billion Lexus factory in China, part of its push to reverse a sales decline in the world's biggest car market. The Japanese manufacturer is developing the…
Chinese automakers make tech-led pitch for Europe's premium car market
China's automakers are betting European drivers will embrace a new form of premium motoring centred on technology rather than heritage, with brands such as Changan's Avatr and BYD's Denza pitching what they call 'intelligent luxury'. SCROLL TO…
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. 0813 GMT – Ericsson's third-quarter outperformance and fourth-quarter outlook points to…
Klook Technology Limited Drops IPO Plans
Klook Technology Limited is dropping its plans for an initial public offering. The online travel company requested to withdraw its registration for an IPO, according to a Friday filing with the Securities and Exchange Commission. It had initially…
Tech Mahindra advances Friday, outperforms competitors
Shares of Tech Mahindra Ltd. 532755 rallied 8.45% to 1,788.00 Indian rupees Friday, on what proved to be an all-around favorable trading session for the stock market, with the BSE SENSEX Index 1 rising 0.56% to 74,729.27. Tech Mahindra Ltd. closed…
How AI Agents And App Building Will Reshape The HR Tech Stack
Ryan Austin is founder and CEO of Cognota, a purpose-built operating system for LearnOps, Talent Ops, and HR Ops. Every enterprise software category eventually gets an operating system—one platform that becomes the default place work…
Tech stocks tumble as AI debt fears rattle Wall Street
Financial markets slumped on Friday as investors bailed on technology stocks amid concerns that companies exposed to artificial intelligence are starting to wobble. The tech-heavy Nasdaq Composite tumbled more than 650 points, or 2.4%, in afternoon…
'Against Tech Oligarchy': Inside the Worker Resistance in the World's Most Powerful Industry
Longtime tech worker organizers Clarissa Redwine and JS Tan's new book, Against Tech Oligarchy: Worker Resistance in the World's Most Powerful Industry, draws on the authors' experiences at major tech companies to chronicle the rise and fall of the…
Tech Stocks Zig-and Apple Zags
The iPhone maker's stock was up 0.4% Friday and 2% this week, the only stock in the green for both periods among the so-called Mag-7 growth stocks. Apple also hit $5 trillion in market cap this week, and is inching closer to the world's most…
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