AUSTIN — On a Friday morning last spring, Mark Suman called out sick from his job as a senior engineering project manager at Apple and made his way downtown to a place called the Bitcoin Commons, a sort of clubhouse for enthusiasts of the world’s largest cryptocurrency, situated a few blocks south of the Texas […]
Tech roller-coaster pushes Nasdaq to best week in three years
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference at the SAP Center in San Jose, California, on March 18, 2025. Brittany Hosea-Small | Reuters The wild week is finally over for technology and the broader market. The tech-heavy Nasdaq Composite jumped 7% this week for its best week since 2022 […]
Nasdaq suffers historic plunge, drops most in almost a week
Technology stocks plummeted Thursday and the Nasdaq Composite dropped 4% on the heels of its record-setting session. The index is headed for its best week since September. Markets reversed course, giving up some gains from a monster rally after President Donald Trump announced a 90-day pause on some tariffs and dropped the tariff on most […]
Nasdaq rallies most since 2001, notches second-best day ever
CEO of Apple Tim Cook speaks at an event in 2022. Jerod Harris | Getty Images Entertainment | Getty Images The Nasdaq Composite climbed more than 12% for its second best day ever as markets clawed back after a rocky few trading sessions spurred by President Donald Trump’s wide sweeping tariffs. The tech-heavy index posted […]
Apple falls 5% as tech struggles to bounce back from rout
Tim Cook Sally Shin | CNBC Technology stocks declined Tuesday, erasing earlier gains after a broad market relief rally faded. The tech-heavy Nasdaq dropped more than 2%, wiping out an earlier gain of 4.6% at its highs. Apple and Tesla dropped about 5%. Meta Platforms, Alphabet, Amazon, Microsoft and Nvidia all finished lower. Markets rallied […]
Apple iPhone price could jump $350 in U.S. on Trump tariffs: analyst
A customer checks Apple’s latest iPhone 16 Plus (right) and Apple’s latest iPhone 16 Pro Max (left) series displayed for sale at Master Arts Shop in Srinagar, Jammu and Kashmir, on September 26, 2024. Firdous Nazir | Nurphoto | Getty Images President Trump’s reciprocal tariffs could lead Apple to raise the price of the iPhone […]
TikTok stays on App Store Attorney General Pam Bondi
In this photo illustration, the logo of TikTok is displayed on a smartphone screen on April 5, 2025 in Shanghai, China. Vcg | Visual China Group | Getty Images Apple will keep ByteDance-owned TikTok on its App Store for at least 75 more days after receiving assurances from Attorney General Pam Bondi, according to a […]
Silicon Valley return on Trump bet: Plunging valuations, delayed IPOs
The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | Bloomberg | Getty Images Silicon Valley executives and financiers publicly opened their wallets in support of President Donald Trump’s 2024 presidential run. The early returns in 2025 aren’t great, to say the least. Following Trump’s sweeping tariff plan announced Wednesday, the Nasdaq suffered […]
Cryptocurrencies rise Friday, bucking broader market meltdown
Fernando Gutierrez-Juarez | Picture Alliance | Getty Images Bitcoin rose on Friday after China retaliated against President Donald Trump’s tariffs, while stocks continued to crater following their worst day since 2020. The price of the flagship cryptocurrency rose more than 2% to $83,959.19, according to Coin Metrics. Earlier, it rose as much as $84,717.51. Most […]
Tech stocks sink after Trump tariff rollout; Apple leads drop
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai, and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th U.S. president in the U.S. Capitol Rotunda in Washington, Jan. 20, 2025. Saul Loeb | Via Reuters Technology […]