Alphabet Inc
Tech, semiconductor stocks bounce on tariff optimism, Nvidia jumps 7%
Technology stocks bounced Tuesday after three rocky trading sessions, spurred by rising optimism that President Donald Trump could potentially negotiate tariff deals with world leaders. Nvidia led the Magnificent Seven group’s gains, rallying about 7%. Meta Platforms, Amazon and Tesla jumped at least 4% each, while Apple, Microsoft and Alphabet rose about 3%. The sector […]
Read More
Tech stocks fall for third session, Tesla sinks 10% as Trump stands by tariffs
U.S. President Donald Trump’s adviser Elon Musk reacts on the day of a rally in support of a conservative state Supreme Court candidate of an April 1 election in Green Bay, Wisconsin, U.S. March 30, 2025. Vincent Alban | Reuters Technology stocks fell for a third session on Monday, continuing the momentum of last week’s […]
Read More
Stocks making the biggest moves premarket: Tesla, Coinbase, Stellantis, Palantir, Caterpillar and more
Check out the companies making headlines in premarket trading. Automakers — Legacy carmakers extended declines as investors worried about the lack of resolution on President Donald Trump’s controversial tariff policy announced last week. Stellantis plunged more than 9%, while Ford slid nearly 3%. General Motors pulled back 5% after Bernstein downgraded the stock to underperform […]
Read More
French fintech Pennylane doubles valuation to $2.2 billion as Alphabet’s venture capital arm takes stake
Seksan Mongkhonkhamsao | Moment | Getty Images French accounting software firm Pennylane has doubled its valuation to 2 billion euros ($2.16 billion) in a new 75 million euro funding round. Pennylane told CNBC that it raised the fresh funds from a host of venture funds, with Sequoia Capital leading the round and Alphabet’s CapitalG, Meritech […]
Read More
Tesla’s June robotaxi deadline looms as political backlash builds over Elon Musk
Elon Musk has been promising investors for about a decade that Tesla’s cars are on the verge of turning into robotaxis, capable of driving themselves cross-country, after one big software update. That hasn’t happened yet. What Tesla offers is a sophisticated, but only partially automated, driving system that’s marketed in the U.S. as its Full […]
Read More
Trump’s tariffs are a ‘stagflationary shock’ that could keep hitting the market, says Apollo’s Slok
Negative impacts from President Donald Trump’s intensifying global trade war could include stagflation and an even more drastic drawdown in the stock market, according to Torsten Slok, Apollo Global Management’s chief economist. The widely-followed economist sees a dire situation emerging in the tariff chaos, leading him to conjure up a host of downside risks to […]
Read More
Silicon Valley’s early return on Trump investment: Plunging valuations, delayed IPOs
The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | Bloomberg | Getty Images Silicon Valley executives and financiers publicly opened their wallets in support of President Donald Trump’s 2024 presidential run. The early returns in 2025 aren’t great, to say the least. Following Trump’s sweeping tariff plan announced Wednesday, the Nasdaq suffered […]
Read More
Tech megacaps lose $1.8 trillion in 2 days as Trump tariffs lead Nasdaq to worst weekly drop in 5 years
SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025. Win McNamee | Getty Images No one is getting hit harder than technology megacaps as markets hit selloff mode. Once powering the market to new highs, the group known as the Magnificent Seven […]
Read More
Trump extends TikTok deadline for the second time
Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump on Friday extended a deadline requiring China-based ByteDance to sell the U.S. operations of TikTok or face an effective ban in the country, marking the second time he has taken such action. Trump announced the extension on his Truth Social platform, saying the TikTok […]
Read More
The EU could hit Wall Street where it hurts with its tariff response — the tech giants
The entrance to one of the Google buildings in the ‘Silicon Docks’ area in central Dublin, Ireland, on Tuesday, Nov. 29, 2022. Bloomberg | Bloomberg | Getty Images The European Union says it is keeping all options open if it fails to negotiate its way out of U.S. President Donald Trump’s hefty 20% blanket tariffs […]
Read More