Global tech stocks have plunged after China achieved a breakthrough in developing technology crucial to the AI boom. Original Image Link Source:finance.yahoo.com
Technology stocks were falling pre-bell Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) 1.6% lower and the State Street SPDR S&P Semiconductor ETF (XSD) declining by 3.5%. ASML ... Original Image Link Source:finance.yahoo.com
One beneficiary of the selloff in the tech sector, and in chip names in particular, is the software sector, as rotation out of previous highflyers and into previous laggards continues. The iShares ... Original Image Link Source:www.marketwatch.com
All eyes will be on capital expenditures numbers after Alphabet's (GOOG, GOOGL) capex guidance spooked investors who are growing concerned about free cash flow amid the AI spending boom. Original Image Link Source:finance.yahoo.com
AI is driving unprecedented data growth, forcing enterprises to rethink storage, governance, and infrastructure strategies. Watch the full Today in Tech episode. New social media liability rulings ... Original Image Link Source:www.computerworld.com