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Nasdaq AI Selloff Wipes Out $2.3T, Report: Rubio Weighs Leaving
Source: Bloomberg, 0:00
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TECHNOLOGY
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1,104 articles · newest reporting from independent and international publishers
Nasa navigation tech trial paves the way for safer lunar landings
The advanced system will aid precise touchdowns and help detect and avoid potential hazards, which is critical for missions.
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Crypto’s Megadonors Learn a Hard Election Day Lesson
Midterm post-mortem.
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Markets Reassessing Pace of AI Boom, T. Rowe Price's Wang Says
Tony Wang, science and technology equity strategy portfolio manager at T. Rowe Price, says the AI boom is not necessarily over, but markets are reassessing its pace, feasibility and long-term returns. Speaking on "Bloomberg The Close,"…
Stocks plunge amid AI concerns after midterm election
The stock market tanked on Thursday over concerns that a shift in control of Congress could slow the construction of data centers that power AI. CBS News' Natalia Brand reports, and Jessica Inskip, director of investor research at…
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The Fight Over Dems’ Subpoena List
An 181-page plan urges Democrats to put tech executives, Wall Street landlords, and price gougers under oath — but corporate Democrats are pushing back.
Google, Meta and TikTok sue California over law designed to protect children from social media harms
Google, Meta and TikTok filed separate lawsuits seeking to block a California law designed to protect children from the risks of social media, arguing that it violates their rights under the First Amendment
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Nvidia Plunges 9% as AI Selloff Wipes Out $2.3 Trillion | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Kailey Leinz, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Amazon mapping shows cacao expansion without deforestation in Brazil
While West Africa clears rainforest for chocolate, Brazilian farmers are reviving degraded pastures.
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Cloudflare Boosts Annual Profit View as AI Spurs Network Demand
Cloudflare Inc. lifted its profit forecast for a third time this year as rapid adoption of artificial intelligence continues to boost demand for networking services.
Statement on Google AI in School Allegedly Helping Teen Girl Plan Suicide
Fairplay, the nation’s leading nonprofit fighting to protect kids from the dangers of Big Tech and AI, released the following statement today in response to the Emma v. Google lawsuit. Fairplay Associate General Counsel for AI and Privacy…
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Wall Street sheds $3.2tn as Democratic midterm sweep triggers brutal AI rout
Tech-heavy Nasdaq 100 tumbles 6.4% in day of chaotic trading
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Expedia CEO on Full-Year Forecast, Travel Demand and AI
Expedia CEO Ariane Gorin discusses the company’s third-quarter performance and forecast. Speaking on "Bloomberg The Close," Gorin says travel demand remains resilient, particularly among affluent consumers, but the company is seeing some…
Stock markets plunge in stunning reversal as investors reconsider AI shares
U.S. stock markets plunged Thursday as investors reconsider AI shares following the Democrats' sweeping wins in the midterm elections. CBS News' Kelly O'Grady has more.
DeSantis nukes ‘tech guy’ Vivek after Ohio drubbing: ‘Not in tune’ with blue-collar voters
Florida Republican Gov. Ron DeSantis says Vivek Ramaswamy wasn't "in tune" with Ohio's blue-collar voters, citing his tech background and H-1B stance.
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Google, Meta and TikTok sue California to block law protecting children from addiction risk
Law bans social media platforms from providing minors features such as autoplay that lead to compulsive use Google, Meta and TikTok sued California to block enforcement of a new state law intended to limit the risk of addicting children…
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OpenAI Sued Over Claim ChatGPT Drafted Lethal Poisoning Plan
James Gates says he started to suspect his wife was trying to poison him after he found a handwritten note with a list of substances and dosage plans, some of which were labeled “lethal.”
Caleb Williams celebrates Democrats winning midterms as concerns about him becoming the face of the NFL grow
Caleb Williams celebrated Democrats' projected House and Senate control, raising questions about a politically vocal NFL star's impact on the league.
Wall Street takes a beating with markets and tech stocks tumbling amid AI concerns
The S&P 500 was on track for its worst day since President Donald Trump shook markets worldwide in April 2025 with his ‘Liberation Day’ tariffs
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Will Democrats stall the AI boom?
Newly elected officials have pledged to curb data centre construction, rattling the trade that has powered US stock markets
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Hedge Funds Were ‘Massive’ Sellers of AI Debt, RBC’s Skiba Says
Hedge funds have been heavy sellers over the last few weeks of debt related to the artificial intelligence buildout, according to Andrzej Skiba, head of BlueBay US fixed income at RBC Global Asset Management.
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Stock Selloff Deepens as Democrat Sweep Spurs AI Worries
A post-election slide in chipmakers snowballed as investors bailed from technology shares on speculation that a Democratic sweep of Congress could bring tighter regulation of US data centers and weigh on semiconductor demand. Ian King…
Top Democrats call to rein in AI buildout after midterms sweep: 'National data center moratorium now'
Democratic winners and progressive lawmakers are calling for tougher limits on AI and data centers after the 2026 midterm elections.