Technology

Stocks making the biggest moves premarket: Palo Alto Networks, Apple, Target and more

Check out the companies making headlines in premarket trading. Apple — The tech giant’s shares rose about 1% ahead of…

‘Not just a fad’: Firm launches fund designed to capitalize on A.I. boom

A major ETF firm provider is betting the artificial intelligence boom is just starting. Roundhill Investments launched the Generative AI…

Crypto bill from Republicans lays out clear roles for SEC and CFTC

Republican lawmakers released a draft bill on Friday that would provide crypto assets and exchanges a clearer regulatory plan, allowing…

Chinese EV startup Li Auto says car deliveries more than doubled in May

BEIJING — Chinese electric car startup Li Auto said it delivered more than twice as many cars in May versus…

Pentagon awards SpaceX with Ukraine contract for Starlink satellite internet

WASHINGTON — The Pentagon said Thursday it has agreed to purchase Starlink satellite internet terminals from Elon Musk’s SpaceX for use in…

Meet David Sacks, the friend of Elon Musk who could play kingmaker for Ron DeSantis

Venture capitalist and early PayPal executive David Sacks had a bundle of cash to deploy early in the 2022 midterm…

Boss of Goldman-backed digital bank Starling to step down next month

The co-founder of Starling, one of the U.K.’s largest digital banks, is set to step down as CEO next month,…

JPMorgan is developing a ChatGPT-like A.I. service that gives investment advice

JPMorgan Chase is developing a ChatGPT-like software service that leans on a disruptive form of artificial intelligence to select investments…

‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts

Investors piling into stocks with artificial intelligence exposure may pay a hefty price. Economist David Rosenberg, a bear known for…

Fintech firm Klarna halves net loss in first quarter as it races toward profitability

Klarna, the Swedish buy now, pay later fintech company, halved its net loss in the first quarter, recording a significant…