Hedge funds ‘aggressively’ sold tech stocks in June – Goldman Sachs
Hedge funds have engaged in record net dollar selling of tech stocks in June, according to a Goldman Sachs...
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.
5 big analyst AI moves: Palantir downgraded, Micron PT hiked ahead of earnings
Microsoft “Best Way to Play AI,” Says Truist Truist Securities has named Microsoft (NASDAQ) as the top pick for...
Consumers Cautious on AI Smartphones Despite Strong Investor Interest
Despite strong investor interest, consumers are adopting a “wait-and-see” approach to AI smartphones, Jefferies analysts reported Thursday. Consumers are...
EU’s push to mass scan private messages on WhatsApp, Signal
The European Union is considering a new law, Chat Control 2.0, to scan private communications on encrypted messaging apps...
TikTok says US refused to engage in serious settlement talks
TikTok and its Chinese parent company ByteDance have requested a U.S. court to overturn a law that would ban...
Advertising is now a ‘meritocracy’ in the wake of social media, Resy co-founder Gary Vaynerchuk says
Social media algorithms have created a more meritocratic advertising landscape that the industry has been slow to adapt to,...
Elon Musk softens ‘go f— yourself’ comment as he tries to woo advertisers back
Elon Musk attempted to clarify his previous remarks about advertisers leaving his X social media platform during the Cannes...
Dell, Nvidia and SMC collaborate to power Musk’s Grok AI factory
Dell Technologies Inc (NYSE:DELL), led by CEO Michael Dell, has announced a partnership with NVIDIA Corporation (NASDAQ:NVDA) to construct...
McDonald’s kills AI drive-thru ordering after snafus
McDonald’s has paused its artificial intelligence (AI) drive-thru ordering system, a move confirmed by the company on Monday. The...
Terraform Labs to dissolve after US$4.47 billion settlement, marking one of the largest penalties in U.S. history
Terraform Labs announced its closure following a $4.47 billion settlement with the U.S. Securities and Exchange Commission (SEC) to...