European stocks mixed
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Not long ago, enterprise customer relationship management (CRM) software provider Salesforce (NYSE:CRM) was a darling of the technology sector. In 2020, during the height of the COVID-19 pandemic, Salesforce celebrated its inclusion in the prestigious 30-member Dow Jones.
After Anthropic's latest AI tools sparked panic in tech stocks last week, investors are grasping for answers on where the sector goes from here.
It might be hard for investors to feel upbeat while tech stocks are tumbling. But that's exactly how some experts are reacting to the rout.
It’s also widened to include the industry’s Wall Street backers, from lenders to private equity owners for whom software firms have been popular targets. More than $17.7 billion of U.S. tech company loans in a Bloomberg index dropped to distressed trading levels during the last four weeks.
Micron Technology stock has room to run higher, but there's another memory company that's leaving it in the dust.
Investor concerns about the impact of AI are growing.
A sharp drop for Google’s parent company is yanking the U.S. stock market lower, while prices for bitcoin, silver and gold weaken.
Sandisk and Micron could see industry-leading revenue growth in the coming years.
The prospect of disruptions from artificial intelligence has hung over the economy for years. But this week advances in software tools precipitated a sell-off on Wall Street.
The U.S. stock market sank after a mixed day of trading. The S&P 500 fell 0.8% Tuesday. The Dow Jones Industrial Average dipped 0.3%, and the Nasdaq composite lost 1.4%.
By Johann M Cherian and Ragini Mathur Feb 11 (Reuters) - European shares closed at a record high on Wednesday, as gains in commodity-related stocks offset weakness in technology and financials, while investors assessed a strong U.
There was plenty to cheer, from jobs, to inflation easing, but the S&P 500 finished the week little changed. Tech stocks also lagged.