IBM shares crashed toward their worst single trading day in nearly four decades on Tuesday, July 14, after CEO Arvind Krishna told investors the company’s second quarter fell short of what Wall Street expected. Within hours of that warning, one bank cut its price target and told clients to consider …
China’s Q2 GDP growth cools to 3-1/2-year low, structural imbalances complicate policy
Asian stocks gain on drop in US inflation rate
SK Hynix shares surge 13% on AI hopes as US tech stocks resume their climb
China’s second-quarter economic growth misses market forecast
Bitcoin prices dropped as geopolitical concerns fueled losses. gettyBitcoin prices took a tumble on Monday, July 13, falling as global markets responded to the latest geopolitical tensions involving the Straight of Hormuz. This development combined with other factors to place downward pressure on the digital asset’s price. The world’s most valuable digital currency dropped to…
Uber Chief Product Officer Sachin Kansal walks TechCrunch through the company’s financial services ambitions, its increasingly complicated relationship with Waymo, its new AV Labs data operation, and how AI is starting to show up in ways riders and drivers will actually notice…
They’re rolling up their sleeves again, seemingly out of fear of missing AI’s defining moment and, presumably, the irresistible allure of making even more money — potentially a lot more…
Legal claims and investor lawsuits are among the issues facing certain oil industry companies that have filed for bankruptcy protection. Petroleum products dealer Fuel Group Trading LLC filed for Chapter 11 bankruptcy protection to reorganize its business, facing legal claims, according to its …
If you remember racing home after school to grab the family landline to call your best friend before dinner, a new device from Pinwheel is aiming to reboot that experience for a new generation. The kid-focused tech company announced Tuesday the launch of Pinwheel Home, a modern take on the classic household phone designed to…
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