Tag Archives: tech

Tech stocks extend post-Fed rally, Dow futures lag

Tech stocks extend post-Fed rally, Dow futures lag

U.S. stock futures were mixed ahead of the open Thursday, with tech stocks leading the way up following the Federal Reserve’s latest interest rate hike. Futures tied to the S&P 500 (^GSPC) added 0.4%, while futures on the Dow Jones Industrial Average (^DJI) lagged, dipping 0.4%. Contracts on the technology-heavy Nasdaq Composite (^IXIC) rose by 1.2%. The yield on the benchmark 10-year U.S. Treasury note ticked up to 3.415% Thursday morning. The dollar index was flat. The major U.S. stock… Source link

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Google is scrambling against hot A.I. tech ChatGPT

Google is scrambling against hot A.I. tech ChatGPT

Before the artificial intelligence tool ChatGPT was unleashed into the world, the novelist Robin Sloan was testing a similar AI writing assistant built by researchers at Google. It didn’t take long for Sloan, author of the bestseller “Mr. Penumbra’s 24-Hour Bookstore,” to realize that the technology was of little use to him. “A lot of the state-of-the-art AI right now is impressive enough to really raise your expectations and make you think, ‘Wow, I’m dealing with… Source link

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Apple earnings will be the latest sign the tech industry is coming back to earth

Apple earnings will be the latest sign the tech industry is coming back to earth

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, Feb. 1, 2023 Apple’s upcoming earnings could be a bellwether for the rest of the industry Apple (AAPL) will report its first quarter earnings after the bell on Thursday. The announcement follows a string of stinging reports from tech companies including Intel (INTC), Snap (SNAP), and… Source link

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