Nvidia, Google, Microsoft and US interest rates
Welcome to the first top stock market highlights of the month from The Smart Investor. May was a busy month with the release of the latest quarterly results and business updates from numerous companies in Singapore and the US. We…
CrowdStrike crash raises questions about technology dependency
Catastrophic computer failures caused by a company’s software update have once again exposed the dangers of global technological dependence on a handful of players, experts warned on Friday. A flawed update from little-known security company CrowdStrike brought airlines, television networks…
Which technology stocks should you buy?
Apple VS Microsoft With the consumer price index (CPI) weaker than market expectations, interest rate cuts could be imminent. This news triggered a market rally and sent the S&P 500 Index (^SPX) above 5,400 for the first time in history,…
Apple plans to create public wetland in Waukee, Iowa
Apple’s concept plan for the first of its two data centers in Waukee, Iowa. Apple has applied to the city of Waukee in the US state of Iowa, just west of Des Moines, to convert part of the land around…
Apple Watch heart alarms saved tech veteran Peter Moore’s life
Tech and sports manager Peter Moore is healthy and happy thanks to his Apple Watch. Last updated 58 seconds ago Veteran tech executive Peter Moore credits his Apple Watch with an alarm that ultimately saved his life and led to…
Elon Musk’s support for Trump finally affects Tesla’s sales
Good morning! It is Friday, August 9, 2024, and this is The morning shiftYour daily summary of the biggest headlines from the automotive industry around the world in one place. Here are the most important stories you need to know….
Rally by Nvidia, Intel, Tesla and other US technology stocks pushes Nasdaq up 3%
The U.S. stock market rallied on Thursday after a better-than-expected unemployment report eased concerns about the slowing economy. A rise in Nvidia, Apple, Telsa, Intel and other major technology stocks led the Nasdaq to rise nearly 3%. The Dow Jones…
The list of layoffs in the USA: Paramount, Amazon, Tesla, Google
Last year’s job cuts were not the end of the layoffs. There will be further cuts in 2024. Companies such as Tesla, Google, Microsoft, Nike, Dell and Paramount have announced cutbacks. Check out the list of companies that will reduce…
Delta and Frontier Airlines want tech companies to cover losses
Passengers wait in line after a technical glitch at LAX airport on July 19. (Photo by ETIENNE LAURENT) AFP via Getty Images Both Delta Air Lines and Frontier said they would seek compensation from CrowdStrike and Microsoft for the July…
Microsoft’s Palantir-GPT-4 partnership and Anduril’s $14 billion valuation show that defense technology is gaining traction
It’s been a great few days in the increasingly active defense technology sector. Today, Microsoft and Palantir announced they will combine their AI services for the U.S. military and intelligence community, with Microsoft contributing GPT-4 and other OpenAI models and…
