Empowering the Future: Bybit Web3 and Bybit Learn Launch Writing Contest to Spotlight Youth Voices in Web3

DUBAI, UAE, July 22, 2024 /PRNewswire/ -- Bybit, the world's second-largest web3 platform by trading volume, proudly announces the launch of Next-Gen Web3 Writers: Global Challenge co-hosted by

PR Newswire26minutes ago

Here's the Bad News for Tech Investors Wondering If AI Spending Is Paying off

Tech earnings still won't answer the question of whether AI spending is paying off beyond Nvidia and a few chip and hardware makers.

MarketWatch21:11 ET

Oracle CEO Safra Catz Steps Down From Disney's Board After Ellisons' Big Move in Hollywood

Yahoo FinanceJul 20 10:21 ET

US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.

Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.

wallstreetcnJul 19 21:32 ET

Oracle Commodity Converts Debt to Equity

TipRanksJul 19 16:38 ET

Mega-Cap Technology Stocks Push US Equity Indexes Lower Friday

US equity indexes fell Friday as a continuing downdraft in technology proved to be a drag amid a global IT outage.The $Nasdaq Composite Index(.IXIC.US)$ declined 0.9% to 17,710.2, with the $S&P 500

MT NewswiresJul 19 16:02 ET