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CONGRESS SCRUTINY ON TECH FIRMS
Tech firms claw back some losses after midterms rout, eyes on NvidiaTech firms rose Monday to claw back some of last week's painful losses fuelled by AI regulation worries, though traders were keeping a wary...- Tech Mahindra to increase stake in Italian design firm PininfarinaTech Mahindra’s subsidiary, PF Holdings BV, entered into a commitment to buy the shares at 1.20 euros each, the Indian IT services company ...
- Tech billionaires in Democrats’ crosshairs: Who could face congressional probes? Here’s the hit listElon Musk, Mark Zuckerberg, Jeff Bezos and other tech leaders could face congressional investigations as Democrats prepare to take control ...
- Japan's Nikkei slumps more than 5% as market rout deepens on AI worriesJapan's Nikkei share average plummeted over 5% amid escalating market fears tied to regulatory scrutiny and a slowdown in artificial intell...
- SoftBank credit risk jumps to 4-year high as AI fears roil marketThe cost of insuring against a default for tech investor SoftBank Group jumped to its highest in four years on Friday as worries about AI p...
- Stock markets down today: Dow Jones plunges 1,753 points, S&P 500 drops 4% and Nasdaq enters correction - why Wall Street reversed its post-election rallyStock markets down today: Wall Street's post-election rally quickly turned into a major sell-off as the Dow plunged 1,753 points and the Na...
- Amagi, Shiprocket post profits; US polls’ impact on ITAmagi’s Q2 profit surged nearly 30x while Shiprocket swung into the black for the first time. This and more in today’s ETtech Top 5.
- Elon Musk's business empire braces for Democratic wave as Texas flips blueElon Musk's nearly $500 million campaign to support Republicans failed as Democrats reclaimed both chambers of Congress and flipped Texas' ...
- US airlines may face fresh scrutiny as Democrats plan probes into pricing and passenger rightsFollowing a significant midterm election victory, Democrats intend to scrutinize airlines regarding personalized pricing practices and pass...
- Midterm results may slow US visa curbs, but no quick relief likely for ITThe opposition party’s takeover of both chambers of US Congress is expected to bring greater scrutiny of the administration’s policy decisi...
- Musk stocks lose $120 billion as Democrats’ Texas win rattles investorsTesla and SpaceX lost more than $120 billion in combined market value after Democrats scored major election victories in Texas and across t...
- Bitcoin rebounds with stocks despite threat to crypto agendaBitcoin rebounds more than 4% to above $81,000, tracking a broader recovery in financial markets after the US midterm elections. However, D...
- Crazy economics gets a stop buttonAfter the US midterm elections, stock futures show a positive reaction despite ongoing economic uncertainties. Trump's legislative agenda f...
- Meta kicks off first euro bond sale in latest test for tech sectorMeta Platforms has initiated a significant bond sale, marking its first offering of euro-denominated bonds aimed at financing its investmen...
- Democrats’ win rattles Trump trades from AI stocks to cryptoThe recent Democratic majority in Congress triggered a downturn in global markets, most notably impacting technology stocks. Investors are ...
- US midterm elections: Early Democratic wins rattle Wall StreetEarly Democratic victories in key US Senate races have raised expectations of a potential shift in control of Congress, although the final ...
- Investors ready for possible shake-up in Congress as US awaits election resultsInvestors are closely monitoring upcoming midterm elections, as results may influence asset prices significantly. A potential Democratic vi...
- MP Rajya Sabha bypoll: Hardeep Singh Puri set to win as nominations of 2 others rejectedHardeep Singh Puri is positioned to win the Rajya Sabha by-election due to rejected nominations. Two independent candidates had their paper...
- American companies brace for a pivot as US midterm elections get underwayUS midterms: Corporate America is anticipating a potential shifts in Washington's power dynamics. Analysts predict that a strong Democratic...
- Wall Street Week Ahead: Midterm US elections, earnings, jobs data loom for AI-wary stock marketAs we approach the US midterm elections next week, stock investors are bracing for the impact of significant corporate earnings reports. Th...
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