Tech giants face tough task to sustain second half stock rally
The world's largest technology stocks drove a banner first half for the S&P 500. The question for the rest of the year is whether their strength continues.
Jul 10, 2024
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12
Business
News tagged with market capitalization
Business
AI boom reshapes Wall Street as TSMC joins trillion-dollar club
The entry of Taiwanese chip giant TSMC into the elite club of the world's most valuable companies is further proof that the generative AI revolution is shaking up Wall Street.
Jul 8, 2024
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Business
Nvidia becomes world's most valuable company on stock market
Nvidia edged ahead of other tech companies Tuesday to become the world's most valuable publicly traded company in the latest sign of the might of artificial intelligence.
Jun 18, 2024
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Business
Apple faces pressure to deliver on AI at developer conference
Apple is expected to make the case next week that it is not being left behind as tech world rivals blaze ahead with artificial intelligence.
Jun 5, 2024
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Consumer & Gadgets
Microsoft unveils 'AI-ready' PCs
Microsoft CEO Satya Nadella unveiled a new category of PC on Monday that features generative artificial intelligence tools built directly into Windows, the company's world leading operating system.
May 20, 2024
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15
Business
Microsoft to invest $2.9 bn in Japan AI push
Microsoft on Tuesday announced a $2.9 billion investment over the next two years in Japan to bolster the country's push into artificial intelligence and strengthen its cyber defenses in the face of threats from China and ...
Apr 9, 2024
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2
Business
Microsoft hires DeepMind co-founder to lead AI unit
DeepMind co-founder Mustafa Suleyman will become the head of a newly created consumer AI unit at Microsoft, the scientist and entrepreneur said on Tuesday.
Mar 20, 2024
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12
Business
Riding high on AI, Nvidia is no bubble, says Wall Street
The emergence of AI bots like OpenAI's ChatGPT and Google's Bard has fueled a massive rise in share prices of chip-making juggernaut Nvidia, with its skyrocketing stock now making it the world's fourth biggest company by ...
Mar 1, 2024
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6
Business
Bitcoin's renewed euphoria as price keeps rising
Bitcoin is forecast to keep on rising after hitting fresh two-year highs above $50,000 on Thursday, leaving analysts to wonder whether investors have moved on from recent cryptocurrency setbacks, including scandals.
Feb 15, 2024
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1
Business
China's Tencent fires more than 120 workers for fraud
Chinese tech giant Tencent said it last year dismissed more than 120 employees for violating its anti-fraud rules, including for corruption and embezzlement.
Feb 4, 2024
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