Inventory Futures Waver Forward of Massive Tech Earnings

Stock Futures Waver Ahead of Big Tech Earnings

U.S. stock futures wobbled ahead of corporate results that will provide insight into the effects on the technology industry of inflation and supply-chain disruptions, including from the global chip shortage.  Futures tied to the S&P 500 ticked down less than 0.1% Wednesday, pointing to the broad-market index hovering after a five-day rally. It closed up … Read more

Congress Is Dropping Endurance With Massive-Tech Resistance, Klobuchar Says

Congress Is Losing Patience With Big-Tech Resistance, Klobuchar Says

WASHINGTON—Congress is growing impatient with big technology companies for resisting legislative remedies aimed at addressing social harms from internet platforms, Sen. Amy Klobuchar said Tuesday. “Every single thing we propose, they are against,” Ms. Klobuchar (D., Minn.) said at The Wall Street Journal’s Tech Live conference. “The more that time goes on, I’m not the … Read more

Sen. Amy Klobuchar, CEOs of Snap, Instacart and Substack Headline Second Day of WSJ Tech Dwell

Sen. Amy Klobuchar, CEOs of Snap, Instacart and Substack Headline Second Day of WSJ Tech Live

The Wall Street Journal’s hybrid Tech Live conference continues for a second day with top executives and regulators set to discuss privacy, big tech regulation and changes in the entertainment industry. Here is a rundown of interviews. Access to the conference is complimentary for Journal subscribers. You can see more details here. Instacart Inc. CEO … Read more

U.S. Lawmakers Step Up Stress to Undertake More durable Tech Legal guidelines

U.S. Lawmakers Step Up Pressure to Adopt Tougher Tech Laws

WASHINGTON—Legislation to curb the influence of big technology companies, including putting new restrictions on online content, is starting to gain traction in Congress as lawmakers narrow their targets and seek to build on public attention. A bipartisan group of senators including Amy Klobuchar (D., Minn.) and Chuck Grassley (R., Iowa) came out last week in … Read more

Kargo Acquires E-Commerce Advert-Tech Agency for $64 Million

Kargo Acquires E-Commerce Ad-Tech Firm for $64 Million

Advertising-technology company Kargo Global Inc. has acquired StitcherAds, an ad-tech firm focused on driving e-commerce sales, for $64 million, Kargo said. Kargo’s technology helps marketers buy ads that target certain types of consumers on the websites of hundreds of publishers, including on mobile and desktop devices. A growth area for the company has been in … Read more

WSJ Tech Dwell Convention Options Interviews With Alphabet CEO Sundar Pichai, CEOs of ViacomCBS and Reddit

WSJ Tech Live Conference Features Interviews With Alphabet CEO Sundar Pichai, CEOs of ViacomCBS and Reddit

The Wall Street Journal is hosting its virtual Tech Live conference with top executives, technologists and policy makers to discuss a range of issues including the lasting impact of Covid-19, as businesses grapple with disrupted supply chains, a shrinking labor force and the continuing chip shortage. The conference launches at a time when lawmakers are … Read more

Fb to Rent 10,000 Staff in EU to Construct Up ‘Metaverse’

Facebook to Hire 10,000 Workers in EU to Build Up ‘Metaverse’

Facebook Inc. FB -1.15% is planning to create 10,000 jobs in the European Union over the next five years to build a virtual realm it sees as a key component of its future and a major driver of new technology investment. The U.S. social-media giant said Sunday it would embark on a recruiting drive for … Read more

Tech Earnings Begin Quickly. Anticipate A lot of Scarcity Discuss.

Tech Earnings Start Soon. Expect Lots of Shortage Talk.

Text size Wall Street estimates for Apple could come down by the time the company reports earnings on Oct. 28. But any selloff in the stock is likely to be a buying opportunity. Jeenah Moon/Bloomberg The fall tech earnings season is upon us, and this time, the story is all about the sum of the … Read more

Inventory Market Wants Apple, Massive Tech to Hold Rising. That May Be Tough.

Stock Market Needs Apple, Big Tech to Keep Rising. That Might Be Difficult.

Text size Apple was on the receiving end of reports that it had cut iPhone production because of parts shortages. Feline Lim/Getty Images If you’re looking for a reason why the stock market has bottomed, look no further than Big Tech. And if you’re looking for a reason why it might start sliding again, look … Read more

Inventory Market Wants Apple, Massive Tech to Hold Rising. That Would possibly Be Tough.

Stock Market Needs Apple, Big Tech to Keep Rising. That Might Be Difficult.

Text size Apple iPhone 13 smartphones on display. Feline Lim/Getty Images If you’re looking for a reason why the stock market has bottomed, look no further than Big Tech. And if you’re looking for a reason why it might start sliding again, look no further than…Big Tech. During the S&P 500’s 5.2% drop from its … Read more