Tech CEOs suddenly love blaming AI for mass job cuts. Why?
Big Tech is cutting jobs again, but this time there’s a new reason dominating every explanation: artificial intelligence. Major...
Welcome to the Tech section of Finblog.com, where we explore the cutting-edge advancements and trends in technology that are reshaping the financial landscape. This category is dedicated to providing you with insightful analysis and updates on the latest technological innovations and their impact on finance and business.
Meta and Google lost a major social media addiction lawsuit. Their troubles are far from over.
A major US court ruling against Meta and Google could reshape the future of social media, but the real...
Google plans to back $5B data center for Anthropic
Google is stepping deeper into the AI infrastructure race, supporting a multibillion-dollar data center project in Texas tied to...
A $1 billion Fund Manager Cuts 70% of Stocks, Waits for These Buying Opportunities
A $1 billion fund manager has moved heavily into cash, warning that markets may not yet reflect the full...
Markets Under Pressure as Iran Conflict Fuels Oil Rally
Global markets fell sharply again, with US stocks posting a fifth straight weekly decline as rising oil prices and...
Nasdaq Falls Into Correction as War and Tech Drag Markets
The Nasdaq has entered correction territory, as investors grapple with rising geopolitical risks, a more cautious Federal Reserve, and...
Middle East Conflict Drags Nasdaq Into a Correction
A surge in oil prices and deepening geopolitical uncertainty have pushed the Nasdaq into correction territory, marking a sharp...
‘Magnificent 7’ stocks are seeing a shocking run
Big Tech’s dominance is being tested as all “Magnificent 7” stocks slide sharply, with investors rotating out of growth...
Fed Keeps Rates Steady Amid Rising Inflation: What it Means for Banks
The Fed is facing one of its toughest balancing acts in years, caught between rising inflation, a weakening job...
Nvidia Signals Massive AI Growth, Buybacks, and China Comeback
NVIDIA CEO Jensen Huang outlined a bold vision for AI-driven growth, signalling significant revenue potential, major shareholder returns, and...