Breaking News: Technology
Amazon Drops 9%: Inside Big Tech’s $1 Trillion Sell-Off Amid AI Bubble Concerns
Amazon’s stock dropped over 9% recently after the company revealed plans for a huge spending increase. This news startled investors ... Read more
Nintendo’s Stock Plummets 10% Amid Rising Memory Shortage Worries: What This Means for Gamers and Investors
Nintendo’s struggle with memory chip shortages has caused its shares to drop more than 10%, despite beating profit estimates for ... Read more
Palantir Soars 11% in Wake of Earnings Beat: What It Means for Investors
Palantir Technologies recently caught the attention of investors, with their stock jumping 11% in premarket trading after they reported impressive ... Read more
SpaceX Acquires AI Startup xAI: What This Means for the Future Ahead of a Potential IPO
On June 25, 2024, a SpaceX Falcon Heavy rocket successfully launched the NOAA’s weather satellite, GOES-U, from NASA’s Kennedy Space ... Read more
Why Nvidia Shares Tumbled: Insights on the Stalled OpenAI Investment
Nvidia’s stock dipped early on Monday after news broke that its $100 billion investment in OpenAI was facing uncertainty. By ... Read more
SAP Stock Plummets: Major Drop Following Disappointing Fourth-Quarter Cloud Contract Growth
German software company SAP saw its shares tumble by 14% on Thursday, hitting the lowest levels since mid-2024. This sharp ... Read more
Amazon’s Surprise Email: What Cloud Unit Layoffs Mean for Employees and the Future
Amazon is making headlines for its recent staff changes. The tech giant sent out a notice to its cloud employees, ... Read more
Micron Invests $24 Billion in Singapore Plant: Strengthening Global Memory Supply Amid AI Surge
Micron Technology just announced a major investment of about $24 billion to expand its wafer manufacturing in Singapore. This move ... Read more
Ubisoft’s Stock Dive: 33% Plunge Following Major Reorganization and Cancellation of Six Games
Ubisoft’s stocks took a hit, dropping 33% recently after the game developer announced major changes. The company, known for the ... Read more
TSMC Shatters Records with 35% Profit Surge, Driven by Booming AI Chip Demand
Taiwan Semiconductor Manufacturing Company (TSMC) just reported solid results for the fourth quarter, showing a 35% profit increase. This surge ... Read more
