A giant airship built by a company backed by the billionaire co-founder of Google will take to the skies after receiving approval from a US regulator...
Continue ReadingThe tech rout is worsening. This morning, it's shares of Meta that are getting hit hard. The stock was recently down 6%, on track for its worst session of the year. Alphabet's stock is down around 2.8% after a nearly 10% drop in the previous session...
Continue Reading(Bloomberg) -- The digital ad market is finally recovering from a painful slump. You wouldn’t know it looking at the shares of Meta Platforms Inc., Snap Inc. and Alphabet Inc.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesIsrael Is Losing Support as Fury Grows Over Its Strikes on GazaWhat Happened Inside Morgan Stanley After Ted Pick Was Named CEOUS Economy Grew at a 4.9% Pace Last...
Continue ReadingUS stocks fell Thursday morning under the pressure of disappointing third-quarter results from Big Tech companies and high Treasury yields...
Continue ReadingWall Street closed sharply lower on Wednesday as the benchmark 10-year treasury resumed its climb toward the 5% mark...
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Continue ReadingTraders who think GOOGL will not reclaim the 50-day line in the next few weeks could look at a bear call spread option trade...
Continue ReadingBefore ChatGPT went viral in late 2022, the old software service provider announced a groundbreaking deal to load up its small Oracle Cloud Infrastructure (OCI) service with Nvidia GPUs. It then announced it would be the first to host Nvidia's DGX Cloud used to train AI models. Oracle and Nvidia announced in mid-October that the DGX Cloud service for training and deploying generative AI is now available...
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