Breaking News: Technology
China’s EV slowdown persists as BYD posts near two-year low in sales
HONG KONG, CHINA – JANUARY 05: A general view of the BYD Auto showroom on January 5, 2026, in Hong Kong, China. (Photo by Sawayasu Tsuji/Getty Images) Sawayasu Tsuji | Getty Images News | Getty Images BEIJING — Chinese electric car giant BYD reported a nearly two-year low in local sales in January, signaling mounting […]
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U.S. proposes critical minerals trade bloc aimed at countering China’s grip
U.S. Secretary of State Marco Rubio delivers opening remarks during the Critical Minerals Ministerial at the State Department in Washington, D.C., U.S., February 4, 2026. Jonathan Ernst | Reuters The U.S. on Wednesday unveiled new initiatives to mobilize allies into a preferential trade bloc for critical minerals, including coordinated price floors as Washington works to […]
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Sony profit jumps 22% in December quarter, beating expectations and lifting full-year outlook
The logo of Japanese entertainment and electronics giant Sony is displayed at the company’s headquarters in Tokyo on May 14, 2025. Kazuhiro Nogi | Afp | Getty Images Sony on Thursday reported a rise in operating profit that beat expectations, supported by favorable foreign exchange rates despite surging memory chip costs. Here are Sony’s December […]
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China’s Hong Kong-listed tech stocks enter bear market as tax ands AI fears take hold
UBTech humanoid robot is on display during the 27th China Beijing International High-tech Expo at China National Convention Center on May 8, 2025 in Beijing, China. Vcg | Visual China Group | Getty Images China’s Hong Kong-listed technology stocks slid into bear market territory on Thursday, marking a sharp reversal from last year’s rally as […]
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Shares of Arm plunge 8% after licensing revenue misses estimates, Qualcomm outlook adds pressure
The replica of the ARM is an electronic chip board during a collaborative ceremony launching a partnership between Malaysia and ARM Holdings in Kuala Lumpur, Malaysia, on March 5, 2025. Hari Anggara | Nurphoto | Getty Images Shares of UK-based semiconductor designer Arm Holdings plunged 7.48% in after-hours trading Wednesday after the company’s licensing revenue […]
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Alphabet resets the bar for AI infrastructure spending
Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images Google parent Alphabet beat Wall Street’s expectations for its fourth quarter but a new, high bar for expected spending on artificial intelligence infrastructure tempered enthusiasm. […]
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Software experiencing ‘most exciting moment’ as AI fears hammer the stocks
Salesforce CEO Marc Benioff appears at the US-Saudi Investment Forum at the Kennedy Center in Washington on Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images Box CEO Aaron Levie says that in the 20-year history of his cloud software vendor, “this is the most exciting moment we’ve ever had.” Wall Street doesn’t see […]
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Ciena returns to S&P 500 after getting booted 17 years ago
Gary Smith, chief executive officer and president of Ciena Corp., speaks during a Bloomberg Television interview in New York on June 14, 2013. Scott Eells | Bloomberg | Getty Images Networking hardware maker Ciena will join the S&P 500, returning to the benchmark after getting booted 17 years ago. The stock rose in extended trading. […]
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Jim Cramer says the tech sell-off proves why this old investing rule still matters
The action on Wall Street this week is a reminder of the importance of portfolio diversification, CNBC’s Jim Cramer said Wednesday, as tech-only portfolios have been getting beaten down during the bout of volatility. “Tech’s a good part of the market, it’s just that many of these stocks suddenly aren’t worth as much as we […]
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Qualcomm stock sinks as memory shortage drags on forecast
President and CEO of Qualcomm Cristiano Amon delivers a speech at the Web Summit at Parque das Nacoes in Lisbon, on November 12, 2024. Patricia De Melo Moreira | AFP | Getty Images Qualcomm reported fiscal first-quarter earnings on Wednesday that beat expectations, but the company’s forecast came up short because of the global memory […]
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