Tech CEO Antitrust Showdown With Congress Set for Wednesday
(Bloomberg) — Chief executives of Amazon.com Inc., Facebook Inc., Alphabet Inc. and Apple Inc. will testify before a rescheduled congressional hearing on antitrust in Big Tech at noon on July 29, according to an announcement from the House…
Goldman Likes Foreign-Exposed Tech, Energy Names as Dollar Falls
(Bloomberg) — Investors betting on continuing dollar weakness should consider U.S. technology and energy stocks among those with high international sales that tend to outperform when the currency falls, according to Goldman Sachs Group Inc. Shares…
Hang Seng Debuts New Index of Benchmark-Beating Tech Stocks
(Bloomberg) — A new index focused on China’s technology giants is set to give investors greater access to their growing dominance in Hong Kong’s market. The Hang Seng Tech Index, which launched Monday with backdated prices, tracks the 30 largest…
Hang Seng to Launch New Index of Benchmark-Beating Tech Stocks
(Bloomberg) — A new index focused on China’s technology giants is set to give investors greater access to their growing dominance in Hong Kong’s market. The new index will track the 30 largest tech companies listed in the city. The Hang Seng TECH…
Stock Index ETFs Continue To Slide As Tech Gets Battered
This article was originally published on ETFTrends.com. Stocks and index ETFs are continuing their slide on Friday after sinking in volatile trading on Thursday as tech shares led the broader market drop and traders absorbed the lackluster unemployment…
Why Big Tech is riding high while the US stock market tanks
The S&P 500, a benchmark that tracks 500 large US-listed stocks, is back to its January levels after a big dip around the time that Covid-19 first hit the US. The steady performance of the stock market has mystified many observers, as it suggests a…
The four horsemen of big tech brace for their Washington interrogation
Big tech On April 15 1994, the chief executives of America’s seven largest tobacco companies were hauled to Washington to appear before US politicians. In front of a Congressional committee on health, the “seven dwarfs” faced a humbling moment, a sign…
How much money will be in the room during big tech CEOs’ congressional testimony?
The US House antitrust subcommittee will soon hear testimony from the CEOs of the world’s four biggest tech companies: Amazon’s Jeff Bezos, Google’s Sundar Pichai, Facebook’s Mark Zuckerberg, and Apple’s Tim Cook. It may be the greatest concentration of…
After Intel Shares Pounded On Chip Guidance, Earnings Eyes Turn To Amazon, Apple, Other Big Tech
Considering the effects the coronavirus has had on U.S. and world markets in 2020, it might be understandable to long for the “simpler times” of 2019. However, there’s one major storyline from last year we might wish to forget—trade policy and…
How To Properly Clean Your Tech Without Damaging It
Click here to read the full article. Washing your hands is a great practice if you want to stop the spread of germs, but you can instantly undo that hard work by touching a dirty screen or keyboard. A study published by the NIH (National Institute of…