Category: Techs
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Nasdaq jumps to lead Dow, S&P 500 higher as techs, rate-cut hopes revive
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US stocks jumped on Friday amid a rebound in technology stocks, as investors took stock of a week of key data and earnings reports and eyed potential policy shifts under the Trump administration. The Dow Jones Industrial Average (^DJI) rose 1.1% while the S&P 500 (^GSPC) rose 1.2%, after a…
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Are tech billionaires hijacking our future? This Nobel laureate warns of Big Tech’s stranglehold on AI and democracy
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Should our future be decided by the CEOs of Big Tech? For Nobel laureate in economics Simon Johnson, giving too much power to a handful of billionaires would come at the expense of the public interest. The British-American economist who teaches at the Massachusetts Institute of Technology also stressed that…