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The tech industry drives much of the U.S. economy, with the Information Technology and Innovation Foundation reporting that more than one-third of U.S. economic growth comes from tech sectors. And ...
The latest to the trend is Revolut, a fin tech business catering to travelers and global spenders. “We could become a media [business] … a place where you have an audience and data about the audience ...
While tech stocks would end up recovering in 2023, a big reason for that was the new hype in artificial intelligence (AI), with the emergence of ChatGPT in late 2022. Otherwise, the sell-off could ...
As Q2 earnings for the major tech companies get underway, will advances in AI mean reduced headcount at Meta, Microsoft, Google and more?
Fin-tech whiskey platforms have created a win-win-win situation for distilleries, investors and consumers: Investor Benefits: - Tangible asset un-correlated to traditional financial markets ...
Tech layoffs have continued since then, but at a slower pace. Layoffs.fyi tracked just under 2,500 tech employees laid off in the first month of 2025 compared with roughly 34,000 in January 2024.
The Nasdaq 100 fell 3.8% on Monday, its biggest decline since October 2022. The sell-off hit tech especially hard, with the Magnificent 7 cohort seeing deep losses.
Tech shares slumped Wednesday as investors shed the behemoths that fueled Wall Street’s monster stock rally this year. The Nasdaq Composite index tumbled 2.8%, logging its worst day since ...
Stock Market News, July 24, 2024: Big Tech Selloff Slams Nasdaq With Worst Day Since 2022. ... The Nasdaq and S&P 500 both had their steepest declines since 2022.
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