A severe sell-off across big tech wiped out nearly $1 trillion in market capitalization from the Nasdaq 100 in a single trading session, dragging major U.S. stock indices lower following a wave of underwhelming corporate earnings. The Nasdaq Composite fell 2.86%, the S&P 500 declined 1.8%, and the Philadelphia Semiconductor Index plummeted 7.2% as investors increasingly questioned whether massive capital expenditures on artificial intelligence infrastructure can generate near

Apple has officially introduced its first touchscreen MacBook Pro, ending more than a decade of resistance to bringing touch controls to its traditional laptop lineup. Credit: Image Apple Store Unveiled on October 28, the new MacBook Pro features an OLED touchscreen, allowing users to interact directly with content using their fingers, something that has been available on Windows laptops for years but has remained absent from Apple's Mac computers. The launch is particularly

The maker of Claude has taken a major step towards becoming a publicly traded company, opening its books to investors and setting the stage for what could become one of the biggest technology IPOs in history. Anthropic, the artificial intelligence company behind Claude, has officially filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC), bringing it closer to a highly anticipated stock market debut. The company made its filing public

Binance, the world's largest cryptocurrency exchange, is scrambling to restore confidence after hackers stole approximately $6.3 billion in cryptocurrency in what is being described as the biggest crypto heist in history. The attack, which took place on October 29, saw hackers drain funds from Binance-controlled wallets across 10 blockchain networks, with most of the money disappearing within approximately 20 minutes. Binance initially suspected that a compromised laptop belo

Nvidia and Advanced Micro Devices (AMD) are investing a combined $4 billion in Meta as the Facebook and Instagram owner accelerates its artificial intelligence ambitions. Nvidia has committed $3 billion, while AMD will contribute another $1 billion through Meta's latest equity offering. The investments make the two leading AI chip manufacturers shareholders in a company that is also one of their biggest customers. Editorial credit: Thrive Studios ID / Shutterstock The announc