
Tech stock rally sends S&P 500 and Nasdaq to record highs
The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.

The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.

SoftBank Group Corp (9984.T) is slashing jobs at its global robotics business and has stopped producing its Pepper robot, according to sources and documents reviewed by Reuters, as the conglomerate downgrades its industry ambitions.

Bitcoin on Monday shrugged off a move by Britain’s financial watchdog to target the major Binance exchange, in the latest sign of regulatory pressure on the emerging cryptocurrency sector.

French carmaker Renault (RENA.PA) said on Monday it had sealed partnerships with China’s Envision AESC and France’s Verkor to produce electric car batteries in northern France.

IBM (IBM.N) will offer telecom operators Verizon (VZ.N) and Telefonica (TEF.MC) new services ranging from running 5G over a cloud platform to using artificial intelligence, the U.S. technology company said on Monday.

Microsoft (MSFT.O) said on Friday an attacker had won access to one of its customer-service agents and then used information from that to launch hacking attempts against customers.

Chinese regulators said on Saturday Tesla Inc (TSLA.O) would ‘recall’ nearly 300,000 China-made and imported Model 3 and Model Y cars for an online software update related to assisted driving, with owners not required to return their vehicles.

Britain’s competition regulator started a formal investigation on Friday into whether Amazon (AMZN.O) and Google (GOOGL.O) may not have done enough to prevent or remove fake reviews.

Deutsche Bank (DBKGn.DE) has tapped software firm Oracle (ORCL.N) to simplify its information technology systems, enabling Germany’s top lender to cut costs, a Deutsche Bank board member said on Thursday.

Siemens (SIEGn.DE) unveiled targets on Thursday to outpace the market by combining its core engineering business with digital expertise in the first strategic blueprint under new Chief Executive Roland Busch.

The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by tech stocks as investors expect a robust earnings season while interest rates remain low.

SoftBank Group Corp (9984.T) is slashing jobs at its global robotics business and has stopped producing its Pepper robot, according to sources and documents reviewed by Reuters, as the conglomerate downgrades its industry ambitions.

Bitcoin on Monday shrugged off a move by Britain’s financial watchdog to target the major Binance exchange, in the latest sign of regulatory pressure on the emerging cryptocurrency sector.

French carmaker Renault (RENA.PA) said on Monday it had sealed partnerships with China’s Envision AESC and France’s Verkor to produce electric car batteries in northern France.

IBM (IBM.N) will offer telecom operators Verizon (VZ.N) and Telefonica (TEF.MC) new services ranging from running 5G over a cloud platform to using artificial intelligence, the U.S. technology company said on Monday.

Microsoft (MSFT.O) said on Friday an attacker had won access to one of its customer-service agents and then used information from that to launch hacking attempts against customers.

Chinese regulators said on Saturday Tesla Inc (TSLA.O) would ‘recall’ nearly 300,000 China-made and imported Model 3 and Model Y cars for an online software update related to assisted driving, with owners not required to return their vehicles.

Britain’s competition regulator started a formal investigation on Friday into whether Amazon (AMZN.O) and Google (GOOGL.O) may not have done enough to prevent or remove fake reviews.

Deutsche Bank (DBKGn.DE) has tapped software firm Oracle (ORCL.N) to simplify its information technology systems, enabling Germany’s top lender to cut costs, a Deutsche Bank board member said on Thursday.

Siemens (SIEGn.DE) unveiled targets on Thursday to outpace the market by combining its core engineering business with digital expertise in the first strategic blueprint under new Chief Executive Roland Busch.
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