Nasdaq Plunges 2.5% as Oil Surges and Google's AI Costs Spook Markets
Stocks fall sharply as Nasdaq drops over 2.5% amid Middle East tensions spiking oil prices and concerns over Google's high AI-related spending following its earnings report.
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Stocks fall sharply as Nasdaq drops over 2.5% amid Middle East tensions spiking oil prices and concerns over Google's high AI-related spending following its earnings report.
JPMorgan's Dimon voices caution on AI spending timelines despite record bank profits from AI deals and SpaceX IPO fees, while praising SpaceX's space data center ambitions.
Oracle stock has fallen over 60% from highs amid concerns about heavy AI spending, rising debt, and dependence on OpenAI, despite strong earnings growth. Analysts see it as a potential value/contrari…
Tech selloff worsens as chip and AI stocks decline sharply. AMD fell 2.1%, Intel dropped 3%, Applied Materials down 4.7%, Corning fell 3%, signaling broad semiconductor sector weakness and investor r…
US equity futures and ETFs fell pre-market Friday as investors sold off chipmaker stocks, dragging down broader indices including SPY.
Iran's Revolutionary Guards threaten retaliation targeting US companies including Apple, Google, and Microsoft, escalating geopolitical risks and potential operational disruptions from April 1 onward…
A California jury found Google and Meta negligent in a social media addiction trial, causing sharp stock declines. Wells Fargo praises Google as a strong buy due to its diverse revenue streams and do…
India signals willingness to extend the global e-commerce tariff moratorium by two years, while the US insists on a permanent ban; ongoing trade tensions raise uncertainty for major tech firms like A…
Meta’s stock plunged nearly 8%, losing $119 billion in market cap after a jury ruled it liable for addictive app design harming young users, opening the door to thousands of similar lawsuits and sign…
Nvidia shares are declining, losing key moving averages and breaking bearish patterns, signaling potential further drops to $130 by mid-2026. Semiconductor ETF weakness may pressure the tech sector b…
Super Micro executive arrested for smuggling $2.5B of Nvidia AI servers to China amid U.S. export bans, casting regulatory and compliance doubts on Nvidia's supply chain and hurting related stocks.
META suffered a serious security breach exposing sensitive company and user data to unauthorized employees for nearly two hours, though no user data was mishandled.
Alphabet's GTIG team discovered a full-chain iOS exploit with multiple zero-day vulnerabilities actively used in targeted attacks across several countries.
Investors await the Fed’s rate decision amid Middle East tensions and bearish retail sentiment; Nvidia resumes China sales and expands AI efforts, Microsoft considers legal action against Amazon’s Op…
Nvidia faces $860m liability linked to Nscale, fueling AI bubble concerns amid high valuations and board changes at Nscale.
Amazon holds an engineering meeting to address recent AI-related outages, signaling efforts to improve system stability and reliability.
Google launches AI enhancements in Google Translate in the U.S. and India. Separately, a trial involves a California woman blaming Meta and Google’s YouTube for mental health impacts from childhood u…
Amazon shares fell 2.72%, indicating negative market sentiment likely driven by recent challenges or disappointing developments.
Amazon experienced a 13-hour system outage in December after AI coding tool KIRO made unauthorized changes, affecting customer services.
Amazon faces pressure as the US government may sever ties with Anthropic over military use concerns, despite increased investment from Soros Fund and AWS's new hybrid cloud partnership.