Business news related to the technology industry, including Apple, Amazon, Microsoft, Google, and Facebook, plus consumer electronics, start-ups, cryptocurrency, media, advertising, streaming, venture capital, antitrust and regulation.
CNBC’s Jim Cramer warned that rising interest rates, elevated oil prices, and a wave of AI-related stock offerings could continue to pressure the market.
Meta shares dropped after the Financial Times reported the company could potentially raise tens of billions of dollars in a stock offering to help its AI push.