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Technology news

2 Technology stories from the tehworldnews daily roundup, newest first. Every story is checked against multiple major outlets.

The New York Stock Exchange building on Wall Street

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USABusiness

Tech sell-off gives Wall Street its worst day since June

The Nasdaq fell 2.9% and the S&P 500 1.8% on Friday as Intel plunged and worries grew about the cost of the AI boom.

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USATech

Google Cloud doubles, but Alphabet misses forecasts

Alphabet's revenue rose 25% to $127.6 billion and its cloud unit more than doubled, but results missed Wall Street estimates and heavy AI spending pushed cash flow negative.

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