Friday’s S&P 500 and Nasdaq-100 rebalance may reflect concerns over concentration risk
It’s arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large…
Alphabet-backed GoCardless considers takeovers as CEO expects a barrage of consolidation
GoCardless, the British fintech company backed by Alphabet’s venture capital fund GV, is considering more mergers and acquisitions as it…
Chinese smartphone maker Xiaomi releases a new operating system as it plans car integration
BEIJING — Chinese smartphone and appliance maker Xiaomi announced late Thursday a new operating system — as it seeks to…
Tech stocks suffer two-day selloff as investors find ‘wrinkle or two’ in Alphabet, Meta earnings
Alphabet’s earnings sailed past Wall Street estimates after the markets closed on Tuesday. Meta followed suit on Wednesday, solidly topping…
