Tech
Megacap Tech Shares Stumble as Slowdown Fears Loom
The powerhouse of US stocks, megacap tech shares, is showing signs of a slowdown after months of propelling the market to record-breaking heights. In...
Apple Stock Value Drops $200 Billion on China Concerns
In a surprising turn of events, Apple finds itself grappling with a technical issue that has sent its stock value plummeting over 6% in the...
Nasdaq Stock Dips 1% on China’s Apple Ban Blow
In a turbulent trading session on Thursday, the Nasdaq stock exchange experienced a significant downturn, primarily driven by the decline of tech behemoth Apple. The...
Payment Systems Choked by Big Tech, CFPB Director Warns
Rohit Chopra, the Director of the Consumer Financial Protection Bureau (CFPB), didn’t mince words during a fintech conference hosted by the Philadelphia Federal Reserve on...
ChatGPT: Monthly Website Visits Drop 3.2% in August
OpenAI’s ChatGPT, the highly popular artificial intelligence chatbot that took the internet by storm upon its launch in November, has witnessed a continuous decline in...
Artificial Intelligence Frenzy Ebbs: Investors Eye Tech Stocks
The once-sizzling artificial intelligence (AI) stock market surge that propelled tech stocks earlier this year seems to have crested. Investors are now turning their attention...
Chinese Ban on iPhones Rattle Market Value of Apple
Apple experienced a sharp decline in its shares, plummeting nearly 4% on Thursday, triggering a ripple effect across the technology sector. This downturn follows reports...
Tyson Foods Teams Up with Gatik for Driverless Truck Trials
Tyson Foods (TSN) has joined forces with autonomous vehicle manufacturer Gatik to initiate trials of driverless trucks in northwest Arkansas. The collaborative venture, announced on...
Apple Faces Stock Decline Over China’s iPhone Ban
Apple saw a sharp decline in its stock price on Wednesday, marking one of its worst single-day drops since early August. The decline came on...
EU Takes Aim at Big Tech with New Digital Markets Act
The European Union has set its sights on industry heavyweights such as Apple, Amazon, Microsoft, Alphabet (Google’s parent company), Meta (formerly Facebook), and ByteDance (the...