Big tech, chips, software, cloud, AI platforms, devices, and the companies shaping the digital economy.
A broad retreat in technology stocks drove another wave of selling as investors shifted toward a more cautious stance, pressuring several AI-linked semiconductor names including Nvidia, Micron and AMD.
THE APEX TIMES
THE APEX TIMES
In a widely reported workforce reduction, Oracle said it is eliminating roles it expects to be replaced with artificial intelligence, and it recorded a sizable restructuring charge.
THE APEX TIMES
A Yahoo Finance report based on interviews suggests some Amazon Prime Day deal-seekers are holding off longer this year, looking to buy only when discounts deepen.
THE APEX TIMES
A broad tech selloff pushed the Nasdaq lower, with investors marking down major semiconductor names including Nvidia, Micron, SanDisk and SK Hynix in late-day trading on June 23, according to Yahoo Finance live market coverage.
THE APEX TIMES
Oracle said it has cut about 21,000 positions over the last year, linking the reductions to the rollout of artificial intelligence across its operations, according to a report published Tuesday.
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A reported departure from Google DeepMind by Nobel Prize-winning researcher John Jumper sparked a pullback in Alphabet stock in the prior session, and the selling extended into Tuesday, according to Yahoo Finance.
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Zeta Global said it is teaming with Palantir to develop an AI-powered marketing platform, a move that lifted the company’s stock in early trading as investors weighed the potential for improved targeting and marketing efficiency.
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Market chatter tied Palantir’s artificial intelligence platform to a new Zeta Systems collaboration, with CEO David Steinberg saying the effort could produce more than $100 million in annual revenue for Zeta over the coming years.
THE APEX TIMES
The portable power brand is advertising “next generation” expanded home backup offerings and steep savings during Amazon’s Prime Day window, from June 23 to June 26.
