EU lists Alphabet, Amazon, Meta and three other tech giants as ‘gatekeepers’ under strict competition rules
The European Commission on Wednesday said it designated six tech giants as “gatekeepers” under its new Digital Markets Act —…
Stocks making the biggest moves midday: Nvidia, Peloton, Foot Locker, Dick’s Sporting Goods and more
Check out the companies making headlines in midday trading. Nvidia — The chipmaker climbed 3,2% ahead of its quarterly report…
Recalled baby products sold on Facebook draw the ire of powerful committee in Congress
WASHINGTON — House lawmakers cited the continuing sale of recalled baby products linked to infant deaths on Meta‘s Facebook in…
Europe’s Stripe rival Adyen saw $20 billion wiped off its value in a single day. Here’s what’s going on
Spirits were high when Dutch payments firm Adyen floated on the Amsterdam stock exchange in 2018. The company was riding…
‘Dangerous point for investors’: Strategist warns of overconfidence about A.I.
Market participants are “overconfident” about their ability to predict the long-term effects of artificial intelligence, according to Mike Coop, chief…
Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach
U.S. regulators on Tuesday announced a combined $549 million in penalties against Wells Fargo and a raft of smaller or…
Beyond Big Tech: Alternative ways to invest in A.I., according to two ETF experts
While ETFs holding stocks such as Microsoft, Tesla and Meta Platforms have outperformed this year, there are other ways to…
Congress hands the crypto industry two wins and a loss before August recess
WASHINGTON — Lawmakers took big steps this week aimed at regulating digital assets before closing up shop until September. Two…
Stocks making the biggest moves premarket: Southwest Airlines, Meta Platforms, Align Technology, eBay and more
Check out the companies making headlines in early morning trading. Southwest Airlines — The carrier slid 6% premarket after reporting…
