Big Tech stocks just suffered a sharp sell-off that has pushed the Nasdaq 100 into correction territory, down 11% from its October peak…
Tag: Big Tech
Apple and Big Tech could win big with potential American takeover of Greenland
As renewed talks of a U.S. acquisition of Greenland intensify under President Donald Trump, tech investors — including Magnificent Seven…
EU concedes to President Trump; will delay planned U.S. tariffs for six months
The European Union will pause its planned countermeasures against President Donald Trump’s tariffs, originally scheduled to start…
How U.S. President Trump steamrolled the EU in trade deal
Amid Donald Trump’s trade offensive, the EU began its path to capitulation on April 10th, suspending its retaliatory tariffs and agreeing…
President Trump touts major win for America with EU trade deal
The United States has clinched a significant trade deal with the European Union, widely hailed as a major win for President Trump…
Britain signals it is prepared to go easier on Big Tech regulation
Britain’s appointment of a former Amazon exec to lead antitrust is seen as an invitation for investment, particularly from Big Tech…
Republican U.S. House likely to investigate Facebook, Google, Big Tech over censorship
Republicans are increasingly likely to secure a majority in the U.S. House of representatives, putting the GOP in control of House…
Republican House leaders meet with Apple CEO to discuss Big Tech censorship, China, privacy
Apple CEO Tim Cook attended a private meeting with several U.S. House Republican leaders on Wednesday to discuss issues surrounding…
First round of Big Tech earnings lift stock futures ahead of Fed rate hike
U.S. stock index futures rose on Wednesday as better-than-feared quarterly reports from Big Tech companies Alphabet and Microsoft lifted…
Fund managers rotate back into big tech to better ride out possible U.S. recession
Some fund managers are being prompted to rotate back into the big tech and growth winners of the last decade in the hope that they can…
Apple poised to emerge from downturn even stronger and more powerful
Flush with cash, Apple and other “Big Tech” firms are positioned to emerge from an economic downturn stronger and more powerful…
Apple stocks rises as rough week for ‘Big Tech’ ends
Megacap “Big Tech” companies Apple, Microsoft, Alphabet, Tesla, and others traded higher on Friday, recovering some of their recent losses…
Apple shares gain as analyst says market is ‘nearing peak bear sentiment’ on Big Tech
Apple shares are gaining in early trading on Thurs. as one tech analyst says that the selling pressure in tech stocks amid rampant inflation…
Wedbush: Apple and Big Tech halting sales in Russia is a rounding error
In a note to clients on Thursday, Wedbush analyst Daniel Ives writes that Apple’s move this week to ban the sales of its products in Russia …
Apple, Big Tech under pressure with Nasdaq 100 on pace for worst month since 2008 financial crisis
Big Tech companies like Apple and Microsoft, which are due to report their results next week, have come under additional pressure…
Internet Association shuttered as Big Tech splinters
Growing tensions between Apple, Amazon, Alphabet (Google), Meta (Facebook), and Microsoft, lie behind the death of the Internet Association…
New legislation aims at Apple, Google, and Facebook as U.S. attempts to catch up to Europe
New legislation seeks to establish new U.S. law on Section 230 protections and platforms’ habit of preferring their own services…
Breaking up Big Tech – Alphabet, Amazon, Apple, Facebook – and in focus as new U.S. antitrust bills introduced
A bipartisan group of lawmakers in the U.S. House of Representatives introduced four antitrust bills on Friday aimed at reining in the power…
Tech leads stock market higher as U.S. yields cool
As investors attempt to gauge the path of inflation, U.S. stocks climbed on Monday, with both the NASDAQ and S&P 500 rallying more than…
Goldman Sachs: U.S. tax hikes could hammer Apple, other ‘Big Tech’ stocks
Big Tech has been one of the best investments of the past five years amid advances in technology, but proposed U.S. tax hikes could harm…
U.S. jobs report sharply misses expectations, unemployment rate rises to 6.1%
The U.S. economy added 266,000 jobs in April, sharply missing economists’ expectations to mark the largest expectation gap in 23 years…
Big Tech had fantastic pandemics; here are 6 reasons why they’ll thrive even after
Big Tech – Apple, Alphabet, Amazon, Facebook, and Microsoft – all performed better over the past pandemic year than anyone dreamed…
U.S. House members assail Big Tech, consider changes to antitrust law
The four Big Tech members – Alphabet, Amazon, Apple, Facebook – received another tongue-lashing centered on antitrust concerns…
EU lawmakers want Apple, Amazon, Facebook, and Google CEOs at Feb. 1 Big Tech hearing
EU lawmakers have invited the CEOs of Apple, Amazon, Facebook, and Google to a Big Tech hearing in Brussels on February 1st as they look to…
Apple stock’s worst drop since October leads Big Tech slump
Apple stock’s drop led the largest technology companies lower in the first trading day of the year, suffering its worst decline in more than…
EU announces sweeping new rules on Big Tech companies
“Big Tech” could soon face stiff fines and stricter controls over their behavior as part of sweeping new European Union rules. The remedies…
U.S. states plan to sue Facebook over antitrust violations next week
A group of U.S. states is investigating Facebook for possible antitrust violations and plans to file a lawsuit against the social media giant…
Investors seek Big Tech safety as presidential election hangs in the balance
The United States’ “Big Tech” names – Apple, Amazon, Google, Microsoft, Facebook — led gainers on Wall Street on Wednesday…
Japan to join forces with U.S., Europe in regulating Big Tech
The new head of Japan’s antitrust watchdog said on Monday that the country will take on any market abuses by the four Big Tech …
Here’s where President Trump and Joe Biden stand on antitrust, social media, and other tech issues
Republican President Donald Trump and Democrat candidate Joe Biden don’t agree on many issues, but they do share a wariness toward Big Tech …
Wall Street bounces as Apple, other tech stocks rebound
Wall Street’s main indexes rallied on Wednesday to staunch the bleeding after a three-day drop as investors jumped back in to take advantage…
Nasdaq rises as Apple, other tech stocks gains ahead of earnings
The Nasdaq Composite rose Thursday as shares of Apple and other major tech stocks rose ahead of their earnings releases. The broader market remained…
Analyst: Tax hike under Biden poses bigger threat to tech than antitrust hearings
The real threat facing the tech firms comes not from lawmakers now, but from higher taxes later if Joe Biden prevails against President Trump…
Nasdaq Composite jumps for sixth straight day, longest winning streak this year
For the sixth straight day, the Nasdaq Composite Index rose as shares of major technology companies added to the comeback rally. The strength in big…
Japan set to regulate ‘Big Tech’ more tightly to ensure transparency
Japan will tighten regulations to prevent technology giants including Google and Facebook from abusing their market power…
Big tech finds an ally in President Trump in high-stakes international tax fight
President Trump is defending Apple, Amazon, Facebook, Google and other tech companies in the face of France’s push for a digital tax…
Where the 2020 U.S. presidential candidates stand on breaking up Big Tech
In the run-up to the 2020 presidential election, America’s big tech companies are being challenged on many fronts from across the political spectrum…
