Borrowers, especially the young, struggle with credit card debt in potentially bad sign for economy

Consumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer spending.…

TikTok Preps a Fresh Assault on Europe

These are turbulent times for TikTok employees. On Tuesday, we reported that TikTok is planning significant layoffs—including a large percentage…

Meta names four men to a new tech advisory council months after disbanding its Responsible AI division

Meta has formed a product advisory council six months after disbanding its Responsible AI division. Four white male tech execs…

Netflix, Robinhood Showcase Key Stock Market Leadership Signal

Netflix stock, along with Robinhood Markets (HOOD), headline Wednesday’s IBD Screen Of The Day, a column that focuses on top…

ASML, Eindhoven Tech University to invest $195 million in partnership

European tech giant ASML and the Eindhoven University of Technology said on Thursday they have agreed to spend a combined…

China ramps up de-dollarization efforts by dumping a record amount of US bonds

China sold a record $53.3 billion worth of Treasurys and agency bonds in the first-quarter. It previously unloaded US debt…

Xpeng Shares Surge on Tech Income and Self-Driving Optimism

Shares in Chinese electric vehicle maker Xpeng jumped more than 10% on Wednesday driven by revenue growth from research and…

Amazon says it has not halted any Nvidia chip orders

Amazon.com’s cloud services unit said on Tuesday that it has not halted any orders of Nvidia’s most advanced chip on…

Apple slashes iPhone prices in China amid fierce Huawei competition

Apple has launched an aggressive discounting campaign on its official Tmall site in China, offering discounts of up to 2,300…

Stock-Split Watch: 5 Artificial Intelligence (AI) Stocks That Look Ready to Split

The artificial intelligence revolution has caused a growth surge for the technology’s enablers, most of which reside in the semiconductor…