Technology

Palantir plunges after Pentagon budget report, Karp sales plan

Palantir co-founder and CEO Alex Karp attends meetings at the U.S. Capitol in Washington on Oct. 18, 2023. Jonathan Ernst…

Apple will need to raise iPhone prices 9% to offset Trump’s tariffs: Bank of America

Key Points Apple will need to hike prices around 9% to mitigate the effect of tariffs put into place by…

Zelle payments top $1 trillion in 2024

The Zelle icon is displayed on a phone screen. Jakub Porzycki | Nurphoto | Getty Images Zelle, the payments network…

‘We have these two markets’

Wharton School professor Jeremy Siegel is uncertain whether the “Magnificent Seven” companies can continue to enjoy the run they’ve had,…

Fintech unicorn Zepz to lay off 200 employees, sources say

Mark Lenhard, CEO of U.K.-based remittances platform Zepz. Lukas Schulze | Sportsfile for Web Summit via Getty Images LONDON —…

Chinese tech giant Baidu to release next-generation AI model this year

Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021.…

BYD rolls out driver assist tech for EVs with DeepSeek’s AI help

Chinese electric car giant BYD announced on Feb. 10, 2025, that it would integrate DeepSeek into its artificial intelligence model…

Musk calls to impeach judge whose order blocks DOGE from Treasury systems access

Elon Musk has called to impeach a federal judge in New York, Paul Engelmayer, over an order that temporarily restricts…

DOGE chief Elon Musk polls X users over staffer’s racist tweets

Tesla and SpaceX CEO Elon Musk takes his seat at the inauguration ceremony before Donald Trump is sworn in as…

Big Tech, Magnificent 7 stock exposure: Time to reduce?

Big Tech’s historic gains could be affecting your portfolio’s makeup — especially if your goal is diversification. Astoria Portfolio Advisors…