Straits Times Index
3,330.77 -0.04 (-0.00%) Nikkei
38,683.93 -19.58 (-0.05%) Hang Seng
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71,560.60 +500.44 (+0.70%) CMC Crypto 200
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META Aug 2024 700.000 put
- Yahoo Finance
US prepares for antitrust clash with AI heavyweights Nvidia, OpenAI, Microsoft
The biggest antitrust regulators are stepping up their scrutiny of the nation’s most powerful developers of artificial intelligence, the latest effort by the Biden administration to rein in what it views as anticompetitive behavior.
- Barrons.com
Taiwan Semiconductor, Meta Platforms, and Other Tech Stocks in Focus
Technology stocks were muted on Friday, in line with the broader market ahead of jobs data, which could be key to the Federal Reserve’s rate-cutting path. Taiwan Semiconductor Manufacturing American depositary receipts were up 0.6% in premarket trading. Nvidia uses TSMC’s tech to make the advanced AI chips that the likes of Microsoft and Alphabet are buying in huge quantities to upgrade their data centers.
- Zacks
Meta Platforms (META) Suffers a Larger Drop Than the General Market: Key Insights
In the most recent trading session, Meta Platforms (META) closed at $493.76, indicating a -0.26% shift from the previous trading day.
