Jim Cramer believes investors are wrongly approaching the trillion-dollar tech giants.
Cramer Sticks with Major Tech Stocks Despite Earnings Struggles On Thursday, Jim Cramer from CNBC expressed his commitment to the largest tech companies, even though many have recently reported disappointing earnings. “At some point, one of these firms is going to announce a rise in earnings estimates tied to their AI products, and you’ll see […]
Tech Giant Recruits Key Figure From Great Recession Era To Oversee AI
Ben Bernanke Joins Anthropic’s Long-Term Benefit Trust Anthropic, a leader in artificial intelligence, announced on Thursday the appointment of former Federal Reserve Chairman Ben Bernanke to its long-term benefit trust. Bernanke, who was appointed by President George W. Bush, was chairman of the Federal Reserve from 2006 to 2014, notably during the 2008 financial crisis. […]
Tech professionals and investors with AI wealth compete to purchase private jets
The recent IPO of SpaceX, along with a boom in the AI sector, is driving a surge in the private jet market. Many newly affluent founders, investors, and early employees are eager to purchase planes, despite dwindling inventories and rising prices, according to brokerage reports. Business jet operations are seeing significant growth. In San Francisco, […]
We created stem cells to develop human eggs, tech company states
New Frontiers in Fertility: A Shift in Reproductive Technology A company is challenging the notion that biology should dictate who can become a parent. This organization claims it has taken steps to make that vision a reality. Fertility innovator Conception revealed last week that it has accomplished a feat previously only achieved in mice: the […]
How Google shifted from being a leader in American innovation to experiencing tech stagnation
A Google engineer named Justin Poehnelt made waves last week with a tweet suggesting the situation in Mountain View should be embarrassing. Two months prior, he claims he was let go by Google. His creation, a command line tool for Google Workspace, quickly gained popularity — ranking as the top project on Hacker News, earning […]
Grand jury looks into tech entrepreneur Singham for suspected fraud
Federal Investigation into Tech Tycoon’s Financial Activities A federal grand jury is probing alleged financial misconduct involving Neville Roy Singham, a tech magnate based in China. His financial contributions have reportedly supported a vast range of socialist, communist, and Marxist initiatives throughout the U.S. over the last decade. This inquiry, helmed by U.S. Attorney Jay […]
Many older tech employees are retiring at 55, but starting Social Security early results in smaller payments for life.
It seems many tech workers, especially those who’ve been in the game since before the dot-com bubble, are pondering retirement these days. Some are opting for it, while others… not so much. In fact, over 113,000 people in tech are expected to face layoffs in 2026. This wave of job cuts will affect 179 companies, […]
Trump warns that European nations taxing U.S. tech firms will face a full 100% tariff.
Trump Warns of Tariffs on European Digital Taxes President Donald Trump has indicated that European nations could impose 100% tariffs on U.S. businesses if they proceed with a digital services tax (DST). “Many European countries are discussing the impending implementation of a digital services tax on U.S. businesses,” Trump shared on TruthSocial. “Some of these […]
Global stocks slip as tech downturn weighs on markets
Global Markets and Oil Prices Experience Declines NEW YORK, June 26 (Reuters) – Global stock markets dipped on Friday, adding to a weekly decline as investors took profits from a surge in technology and semiconductor stocks. Oil prices also fell as more tankers departed the Strait of Hormuz, easing some supply concerns. On Wall Street, […]
Asian Stocks Fall as A.I. Doubts Impact Tech Shares
Oil Prices Decline Amid Ongoing Ship Traffic Oil prices saw a drop on Friday, as it became clear that vessels continued to navigate the Strait of Hormuz, even after Iran’s recent attack on a container ship the day before. Brent crude oil, a key global benchmark, decreased by over 3%, settling around $73 per barrel. […]