Shares of Alphabet rose about 5% after it unveiled a new generation chip that the company said helped overcome a key challenge in quantum computing.
Read More Google parent Alphabet jumps on quantum chip breakthrough
Tag: Alphabet
US appeals court upholds TikTok law forcing its sale
A U.S. federal appeals court upheld a law requiring ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban.
Read More US appeals court upholds TikTok law forcing its sale
S&P 500, Dow touch over one-week highs after business activity data
The S&P 500 and the Dow touched over one-week highs after data showed a still robust economy, while small-cap stocks outperformed large-cap indexes.
Read More S&P 500, Dow touch over one-week highs after business activity data
Apple to urge judge to end US smartphone monopoly case
Apple will ask a federal judge to dismiss the case accusing the iPhone maker of unlawfully dominating the smartphone market, in the latest Big Tech antitrust showdown.
Read More Apple to urge judge to end US smartphone monopoly case
US regulator looks to put Google under federal supervision, Washington Post says
The U.S. Consumer Financial Protection Bureau has taken steps to put Alphabet’s Google under formal federal supervision.
Read More US regulator looks to put Google under federal supervision, Washington Post says
Nvidia surpasses $3.6 trillion market value after Trump win
Shares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion.
Read More Nvidia surpasses $3.6 trillion market value after Trump win