Apple on Tuesday fell 3% to a seven-week low after Barclays downgraded the shares of the world’s most valuable firm on concerns that demand for its devices from the iPhone to Mac will remain weak in 2024.
U.S. financial technology companies that popularized amateur stock trading are pushing into fixed income in a bid to capitalize upon growing retail investor interest sparked by soaring yields in 2023.
Tesla topped Norway’s car sales for a third straight year in 2023, extending its lead over rivals despite an ongoing conflict between the U.S. electric vehicle maker and the Nordic region’s powerful labour unions.
Global mega-cap companies, led by the technology sector, posted solid gains in 2023, boosted by optimism over artificial intelligence, that inflation was peaking and on hopes for further economic stimulus from central banks.
The chief justice’s commentary is his most significant discussion to date of the influence of AI on the law, and coincides with lower courts contending with how best to adapt to the new technology.
Computer chip equipment maker ASML said the Dutch government had partially revoked an export licence for the shipment of some of its machines to China, prompting a dip in shares and criticism from Beijing on Tuesday.
Bitcoin galloped past $45,000 on Tuesday, for the first time since April 2022, as the world’s biggest cryptocurrency started the new year with a bang, buoyed by optimism around the possible approval of exchange-traded spot bitcoin funds.
Hackers accessed the court recordings database in Australia’s Victoria state and disrupted the audio-visual in-court technology network, impacting recordings and transcription services, an official said.
China on Tuesday urged the Netherlands to “respect market principles” a day after chip machine maker ASML said the Dutch government had revoked an export licence covering the shipment of some of its equipment to China.
Australia’s Eagers Automotive on Tuesday said an investigation found that a cyber incident last week that resulted in an outage involved unauthorized access to parts of the company’s information technology (IT) systems by a third party that accessed data from its servers.
