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$1 trillion wipeout: Market rout punishes mega-cap tech

[ad_1] Traders work on the floor of the New York Stock Exchange during morning trading on…

Crypto selloff wipes out $270 billion in value as bitcoin, ether plunge

[ad_1] Nurphoto | Nurphoto | Getty Images The cryptocurrency market plummeted in value on Sunday, as…

Tech stocks see steepest three-week slump in two years, led by plunge in Amazon and Intel

[ad_1] Signage outside the Nasdaq MarketSite in New York on March 23, 2023. Stephanie Keith |…

Ex-Google engineers who founded Character.AI rejoin company with new AI partnership

[ad_1] Pavlo Gonchar | Lightrocket | Getty Images Founders of one of the hottest artificial intelligence…

Google pulls AI ad for Olympics following backlash

[ad_1] Google pulled an ad it showed during the Olympics that touted its AI chatbot Gemini…

Amazon shares tumble 12% after third-quarter outlook disappoints

[ad_1] Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington,…

Microsoft’s cloud is ‘no-brainer’ for some AI startups, helping Azure gain ground on AWS

[ad_1] EzDubs founders Amrutavarsh Kinagi (left), Kareem Nassar and Padmanabhan Krishnamurthy pose for a photo in…

Intel shares plunge 22.6% in premarket trading, Nvidia down 4.4% as global chip stocks fall

[ad_1] Pat Gelsinger, chief executive officer of Intel Corp., speaks during the Computex conference in Taipei,…

Nvidia reportedly faces a U.S. DOJ antitrust probe after complaints from rivals

[ad_1] Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024.  I-hwa…

Turkey blocks Instagram throughout country amid complaints of censorship of Hamas posts

[ad_1] Didem Mente | Anadolu | Getty Images Turkey blocked access to Instagram for its 85…

Why all semiconductor firms are not benefiting from the AI boom like Nvidia has

[ad_1] Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU…

Nintendo profit falls 55% as sales of its ageing Switch console plunge

[ad_1] Nintendo has kept players interested in its ageing Switch console series through key games with…

Amazon’s cloud unit reports 19% revenue growth, topping estimates

[ad_1] Amazon Web Services CEO Matt Garman speaks during CNBC Power Lunch on July 1, 2024.…

Amazon says distraction of Olympics, Trump assassination attempt contributed to weak forecast

[ad_1] Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle,…

Apple sales rise 5%, topping estimates as iPad and Services revenues jump

[ad_1] Apple CEO Tim Cook attends the annual developer conference event at the company’s headquarters in…

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