PC sales are at a record high. But what we are buying is changing
Demand for PCs is still not dwindling, even 18 months after the start of the COVID-19 pandemic. Image: Future Publishing / Contributor / Getty Images Even with lockdowns lifting and employees gradually leaving their full remote-working setups to make…
Renault Reports Record $8 Billion Loss
(Bloomberg) — Renault SA’s alliance with Nissan Motor Co. is showing increasing strain, with the Japanese partner mostly to blame for the French carmaker’s record 7.29 billion euro ($8.58 billion) first-half loss. Nissan alone accounted for 4.8…
Amazon Sets New Lobbying Record as Tech Antitrust Scrutiny Grows
(Bloomberg) — Amazon.com Inc. spent a record $4.38 million on lobbying during the second quarter, according to a spokeswoman, as the e-commerce giant faced increasing antitrust scrutiny in Washington and the challenges of delivering goods to…
Stock pare gains, Nasdaq pulls back from record high as investors eye stimulus
Stocks held mostly higher after European Union leaders agreed to a breakthrough fiscal stimulus deal to help support the virus-stricken region. The Nasdaq Composite hit a record high before retreating. After nearly five days of discussions, the 27…
Tech surge pushes Nasdaq to new record high
Well, that’s all from us today, thakns for following along. Louis Ashworth will be back in the morning. Here’s a quick summary of today… WTI and Brent crude hit their highest level since early March as the overall feel good factor in…
Stocks mostly lower after Nasdaq sets record high
Stocks abruptly turned negative Thursday as fears over the economic outlook following an increase in coronavirus cases resurged. The Dow and S&P 500 wiped out its week to date gains, while the Nasdaq held higher and hit a record. [Click here to read…