Results for “tech stocks”

Shares in Intel continue to fall while the tech-heavy Nasdaq opens at its lowest level in more than two months.

Big tech stocks falter as investors question whether billions being poured into AI can generate returns quickly enough A sell-off of tech stocks that began earlier this month and gained steam with disappointing earnings from leading tech companies drove US markets down by hundreds of billions of dollars Friday. In total, the decline has knocked nearly $1tn in value off the tech-heavy Nasdaq exchange in one week and erased about $2tn in a month. The S&P 500, the index of the 500 most valuable companies in the US, fell by more than 1% Friday, losing hundreds of billions of dollars in market value. It was on track to erase its gain for October, even though it set its all-time high during the same month. The weakness for technology stocks dragged the Nasdaq composite down even further, more than 3%, also erasing hundreds of billions in value. The Dow Jones Industrial Average fell less. Continue reading...

Russian made an unprecedented combative move this month as one of its military satellites, the Cosmos-2612, encroached upon the orbit of Ukrainian commercial satellite, Iceye-X36, in behaviour deemed "threatening" by the US State Department. Norbert Pouzin, an orbital analyst at French space tech firm, Aldoria, described the mercenary manoeuvre as the first of its kind.

China’s industrial profit growth rose 14.4% from a year earlier in September, supported by strong gains in electronics and high-tech manufacturing linked to AI and digital-infrastructure spending.

From action cameras and smartphones to EVs and robot vacuums, Chinese brands are gaining ground worldwide, despite privacy and security concerns. What's driving their rise, and can European rivals keep up?

Sales of fast tech like mini fans and disposable e-vapes, as well as wearable health tech such as heart monitors and smartwatches are soaring. They're creating a new e-waste problem but are full of hidden treasure.