Even profitable Big Tech names have been unable to escape the relentless selling on Wall Street.
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Every ‘FAANG’ stock is now in a bear market as Apple shares topple in rolling sell-off
Technology
French software maker Dassault Systèmes plunges 18%, on track for worst day ever
HANGZHOU, CHINA – JUNE 14, 2024 – A guest walks past the logo of the 2024 Dassault Systemes Automotive and Transportation Industry Summit Forum in Hangzhou, Zhejiang province, China, June 14, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images) Cfoto | Future Publishing | Getty Images Shares of French software giant Dassault Systèmes […]
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Technology
Musk’s xAI loses second co-founder in two days
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Elon Musk’s xAI has lost its second co-founder in two days. Influential researcher Jimmy Ba on Tuesday announced his departure in a post on X, thanking Musk and […]
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Technology
Hong Kong proceeds with stablecoin plans despite Beijing’s reservations
INDIA – 2025/05/22: In this photo illustration, a Bitcoin logo is seen displayed on a smartphone with the Hong Kong flag in the background. (Photo Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Hong Kong’s central bank is pressing ahead with plans to issue an initial batch of […]
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