Results for “tech stocks”

The news doesn’t stop when markets close. Hosts David Gura, Lisa Mateo and Nathan Hager bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by Medical Historian and “Sleuth-Hound” Author Lindsey Fitzharris, European Commission Vice-President and Fmr. PM of Estonia Kaja Kallas, Writer & Journalist Benton Graham, NY Rep. Gregory Meeks and Journalist and Bioethicist Elizabeth Yuko. (Source: Bloomberg)

Ligonier Ministries built its "Grow" app with an AI assistant that deflects vulnerable users to real humans and the suicide hotline when needed.

Tech stocks in late October caught the cold that for months has been a drag on the corporate bond market.

Guardian readers share their concerns and disillusionment with the political climate under Trump as elections loom Millions of Americans will head to the polls on 3 November in elections that will determine control of the Republican-held House of Representatives and Senate, as well as the governorships of 36 states. The midterms come amid mounting public frustration over issues ranging from the rising cost of living and immigration to the climate crisis, artificial intelligence, big tech and the US’s overseas wars. Donald Trump’s approval rating has fallen to 36% , according to a New York Times/Siena poll conducted this month. Continue reading...

The tech mogul’s midterm donations backing Republicans have made him the largest single-cycle political donor in modern US history Elon Musk has poured so much money into US politics this midterms election cycle that his donations could fund half a dozen SpaceX rocket launches or buy thousands of Tesla Cybertrucks. At the Tesla Diner in Los Angeles , Musk could order more than 31.9m cheeseburgers with the money he has spent on the midterms. Musk, the world’s richest person, has funnelled at least $445.77m into Republican-aligned political action committees (Pacs) and groups since last year, according to US Federal Election Commission data as of 29 October. The contributions have made him the Republicans’ most prominent financial backer and the largest single-cycle political donor in modern US history. Continue reading...

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Wall Street got a reality check as a bruising selloff in technology shares fueled concern the artificial-intelligence frenzy that has powered the equity bull market might be overblown. Disappointing tech results spurred the worst drop for stocks since June, with the Nasdaq 100 briefly crossing the threshold of a technical correction. The index sank 3.5% Friday. On today's episode: Kristine Aquino, Bloomberg News Markets Live Blog Managing Editor Jeff Sprecher, Intercontinental Exchange CEO Muyao Shen, Bloomberg News Crypto Reporter Dan Sheridan, Brooks Running CEO (Source: Bloomberg)

Investors await earnings from Apple, AMD, and other major companies, as well as the midterm elections and the monthly jobs report.

The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Wolfe Research Managing Director, Internet Equity Research Shweta Khajuria, Illumina CEO Jacob Thaysen, FuelCell Energy President & CEO Jason Few, Burger King US & Canada President Tom Curtis, Big3 CEO & Co-Founder Ice Cube, Citi Head of US Equity Strategy Scott Chronert, Man Group Chief Market Strategist Kristina Hooper, BTIG Chief Market Technician Jonathan Krinsky, New Balance President & CEO Joe Preston, PacSun CEO Briane Olson, & Muhammad Ali’s Wife Lonnie Ali & Authentic President of Entertainment Marc Rosen. (Source: Bloomberg)

Wall Street got a reality check as a bruising selloff in technology shares fueled concern the artificial-intelligence frenzy that has powered the equity bull market might be overblown. Disappointing tech results spurred the worst drop for stocks since June, with the Nasdaq 100 falling 3.5% and briefly crossing the threshold of a technical correction. Bloomberg News US Semiconductor Reporter Ian King, Bloomberg News Technology Reporter Matt Day and Bloomberg Intelligence Senior Technology Analyst Anurag Rana join to recap Intel and Amazon earnings. Plus, Jeff Sprecher, Intercontinental Exchange CEO joins to discuss the company's deal with Hyperliquid to bring perpetual futures products into US markets. Then, Bloomberg News Senior Equities Editor Eric Weiner helps dissect today's major selloff. Finally, Brooks Running CEO Dan Sheridan joins ahead of the New York City Marathon to discuss the shoe company's market share and customer demand. (Source: Bloomberg)

The Nasdaq 100 is poised to enter correction as investors dump tech stocks on the back of disappointing earnings. Bloomberg's Eric Weiner said that two major questions are at the center of Friday's tech trade selloff: can companies keep spending? And what happens if they can't? Weiner said there isn't a good answer to those questions yet, but the market is predicated on that level of spending continuing. (Source: Bloomberg)

Campaigns are experimenting with AI texting to hear from more voters than before — and sometimes, to persuade them.

Democrats weighing 2028 presidential bids are piling onto the AI hate wave in their messaging, per an analysis shared exclusively with Axios. Why it matters: Democrats are turning AI anxiety into a political rallying cry ahead of 2028, while Republicans remain divided over how to respond. Driving the news: 2028 contenders including Gavin Newsom, Alexandria Ocasio-Cortez, Kamala Harris, Pete Buttigieg, Jon Ossoff and more have all increased their AI commentary in recent months, per new research from Upswing, conducted on behalf of Reset Tech, a nonprofit advocating for tech regulation. Among 21 Democrats named as potential 2028 contenders, tech mentions on X nearly quadrupled, and press release mentions nearly tripled since the start of the year. Tech is now the second-most common topic in releases, trailing only jobs and the economy, with the highest concentration of mentions around data centers and phone bans in schools. To gather the data, Upswing analyzed nearly 30,000 X posts from 38 accounts associated with 21 potential presidential contenders and 3,868 press releases from 16 officeholders between Jan. 1 and Oct. 15. Between the lines: Democrats are galvanizing around AI as a winning issue. Democrats are "taking a meaningful advantage" on AI after the topic was initially seen as a "jump ball" for both major political parties, Rishi Bharwani, U.S. director of Reset Tech, told Axios. AI regulation has gone from the back burner to a top issue over the last six months, he added. While the economy is still what matters most to voters, AI is increasingly part of the financial conversation as it dominates markets and the macroeconomic backdrop. Zoom in: It's not just messaging. While data center bans have been proposed in Democratic- and Republican-majority states, New York is so far the only one to pass a moratorium. House Democrats drafted a resolution opposing government bailouts for AI companies if the so-called "bubble" bursts. There are also a variety of legisla

Elon Musk and his business’s role in a recent dispute over Ukraine’s access to Starlink and its military network is putting a spotlight on the tech mogul’s outsized influence on the international stage.  Following about 10 days of confusion and finger-pointing over what caused the slowdown of Starlink and its military-grade version — Starshield — in Ukraine, Musk acknowledged his company, SpaceX, was behind the restrictions on Starlink’s…

ICE has people attached to the U.S. military headquarters in charge of Africa, the Middle East, Latin America, and special operations. They're listed as users of Palantir-provided surveillance systems.

Plus: Drug middlemen to share payment details, and Elizabeth Warren demands answers from Anthropic.

Google, Meta and other tech firms are pushing back against broad ICE demands for user data as the federal agency scours platforms for immigration speech.

The leading candidate for LA city attorney has the backing of the local DSA and vows to regulate Big Tech. Tech investors are spending millions against her. The post The Elon Musk Funder Trying to Sway the Race for LA’s Top Lawyer appeared first on The Intercept .

President Trump will campaign with three football stars in Texas on Tuesday, leaning into America's favorite sport as Republicans scramble to turn out voters in the final week before the midterms, Axios has learned. Why it matters: Trump is trying to mobilize the lower-propensity voters who helped return him to the White House in 2024 — but who may be less inclined to vote when he isn't on the ballot. Driving the news: Former college football star Johnny Manziel and two-time Super Bowl champion Danny Amendola were scheduled to join Trump for campaign appearances in Lubbock and Corpus Christi. Former University of Texas quarterback Colt McCoy also was expected to join Trump as of Monday afternoon, but did not appear. The appearances bring some of Texas' biggest football names onto the campaign trail in a state where the sport commands an enormous following. Amendola starred at Texas Tech in Lubbock; Manziel won the Heisman Trophy at Texas A&M. The big picture: Trump has made football a recurring feature of his campaign stops in recent weeks. He attended the Texas-Tennessee game in September and planned to attend the Georgia-Alabama showdown earlier this month before canceling because of a hurricane. Former NFL coach Jon Gruden joined Trump at an Ohio rally this month, while former Georgia and NFL star Todd Gurley accompanied the president on a stop in Georgia. Vice President Vance, a lifelong Cincinnati Bengals fan, visited the team's practice facility last week while campaigning in Ohio. Republicans are also pouring millions into ads during NFL and college football games. What they're saying: "Trump has many bases. And football is one of them, college and pros," said an adviser. "The response is good. And the president loves the atmosphere. So why not?" Between the lines: Football offers Trump a way to reach younger men who helped power his 2024 victory — a constituency Republicans are struggling to energize in the midterms. By the numbers: Polls suggest Republicans

More than $351 million in political donations has been poured into a high-stakes contest about a proposed wealth tax on the November ballot, making it one of the most costly campaigns in California history.

The White House is expanding its campaign against international workers, targeting elite study and work visa holders with restrictions and a new investigation.