TAG: Big Tech
Shrinking Arctic ice redraws the map for internet cable connections
Thawing ice in the Arctic may open up new routes for internet cables that lie at the bottom of the ocean and carry most international data traffic. And more routes matter when underwater infrastructure is at risk of attack.Baltic Sea gas and telecoms cabl...
6 months ago
Wall Street Turbulence: Tesla's Layoffs and Market Fallout
The wheels of the global economy continue to churn as we move further into 2024, and as is the nature of the markets, surprises continue to crop up. Ripples are spreading across the tech industry as Tesla looks set to cut its workforce and Big Tech drops...
6 months ago
NVIDIA, ASML, Indices: What’s Causing Market Volatility?
A plethora of factors shifted the markets this week as companies from NVIDIA to ASML generated market volatility and provided traders and investors with helpful information about the state of the stock market. Here’s what you need to know:NVIDIA Tumbles:...
5 months ago
Week Ahead: NAS100 braced for more pain?
NAS100 ↓ over 4% this week Index set to be rocked by various forces Big tech earnings & key US data in focus Watch out for geopolitical tensions Key level of interest at 17,000 The week ahead may present fresh trading opportunities due to top-tier d...
5 months ago
Beat the street: Meta; Microsoft; Alphabet; Tesla; US durable goods
S&P 500 E-Mini futures extend gains slightly after the March durable goods print. Tesla promises new models, after shelving plans for cheaper EVs. Plus, IG Head of Premium Clients Peter Ward joins us to discuss why the trading action is spreading from...
5 months ago
Beat the street: Traders brace for FOMC; Powell comments; Apple; Amazon; NFP
Tesla clears key hurdle for self-driving software in China. (AI Video Summary) A week dictated by the Fed meeting and major tech earnings In today's episode of "Beat the Street", Angeline Ong focuses on key financial events including the Federal Reser...
5 months ago
Behind the Numbers: Amazon and Apple Quarterly Reports Unveiled
As April draws to a close, all eyes may be on the coming earnings reports of two of the biggest names in the American tech industry. Let’s take a closer look at what might be expected when Amazon’s and Apple’s latest quarterly results hit the market in th...
5 months ago
S&P 500 finally suffers a big drop – what comes next?
S&P 500 finally snaps its winning streak Until yesterday, the S&P 500 had gone 356 trading days without a 2% drop. This is the strongest run since 2017 for the index, and underscores how powerful this rally has been. Winning streak chart...
2 months ago
The MEPs who actually matter
This article is part of the Brussels Survival Guide.There’s plenty to pay attention to in the new cohort entering the European Parliament — including, of course, the people. See below our guide on key figures across the policy palette.Céline Imart AGRICUL...
2 months ago
Week Ahead: Alphabet to kick-start Big Tech earnings
Alphabet ↑ 27% year-to-date Pay close attention to updates on AI innovations Shares could move 5.8% ↑ or ↓ post earnings (Alphabet) Technical levels = $183, $177 & $170 (Alphabet) Tesla earnings also in focus, stocks ↑ 26% MTD The week ahead is pack...
2 months ago
MeitY worried about the Big Tech 'making people vulnerable', flags spike in data usage
The government is worried about the impact of Big Tech and the increase in data usage in "making people vulnerable" by revealing "patterns, trends and associations", an internal presentation of the Ministry of Electronics and Information Technology (MeitY...
2 months ago
The EU was built on red tape. Now it wants to slash it.
BRUSSELS ― For decades, the European Union loved to regulate. Now, it wants to do the opposite.Where once, the "Brussels Effect" saw the EU set laws and standards the rest of the world couldn't help but follow, soon there will be a European commissioner f...
3 weeks ago
The Bigger They Are, The Harder Tech Titans Could Fall
Intel, Starbucks, and Estée Lauder have something in common – and it’s not the fact that their products are indispensable to New York’s most glam and caffeinated workers. Once market darlings, all of their shares have plunged between 20 and 60% this year,...
2 weeks ago
Beyond The “Magnificent”: Five Big Growth Themes To Watch
Nothing stays the same forever – and that’s especially true in the market. While Big Tech stocks still hold the crown, smart investors are diversifying and looking beyond those titans. They’ve got very real concerns about concentration risk – having too m...
1 week ago