The weightings of the biggest tech stocks in the S&P 500 have fallen sharply since early January.
Month: April 2025
Meta lays off employees working on virtual reality in Reality Labs division
Meta has laid off employees in the company’s Reality Labs division that is tasked with developing virtual reality, augmented reality and wearable devices.
Trump Org sells ‘Trump 2028’ hat and t-shirt, fueling third White House term bid speculation
The U.S. Constitution’s 22nd Amendment says, “No person shall be elected to the office of the President more than twice.” Trump was elected in 2016 […]
Companies from Chipotle to Delta are worried about Trump’s tariffs. Here’s what they’re saying
PepsiCo, Chipotle and Procter & Gamble are among the companies that lowered their forecasts.
Consumer companies are bracing for lower profits as tariffs force shoppers to rethink spending
PepsiCo, Chipotle and Procter & Gamble are among the companies that lowered their forecasts.
Amazon and Nvidia say AI data center demand is not slowing down
Recession fears and the advent of China’s DeepSeek have investors questioning whether U.S. tech companies will pullback on their data center plans.
Perplexity AI enters the smartphone market with Motorola partnership
Perplexity AI is getting in on the smartphone game, following Apple and OpenAI’s Siri-ChatGPT integration introduced in December.
Alphabet to report Q1 earnings results after the bell
The Google parent company and search giant faces an online ad market that’s on edge due to concerns about how Trump’s tariffs will affect the […]
Trump tells Putin to ‘STOP!’ Russian strikes on Kyiv
Trump’s message to Vladimir Putin came a day after the American president said he believed that “Russia is ready” for a peace deal with Ukraine.
Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy
The Cleveland Fed president said Thursday she thinks policymakers need to be patient rather than pre-emptive.