While workforce cuts raise concerns, the tech sector is poised for significant growth, with jobs in big data, fintech, and AI expected to double by 2030.
Job cuts are continuing into 2025 following waves of reductions last year. Companies such as Meta, Microsoft, BlackRock, and BP are conducting layoffs. See the list of companies letting workers go ...
The BlackRock CEO also weighed in on AI's energy implications and crypto's role as an alternative "currency of fear."
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Companies have continued to cut jobs in 2025 after a wave of layoffs last year. Meta, Microsoft, BlackRock, and Ally are among those shedding staff.
The rise of China’s DeepSeek and its groundbreaking AI advancements has shaken global markets, especially the tech sector. The reaction has been swift and intense — the Nasdaq-100 ($IUXX) fell 3.1% and the S&P 500 Index ($SPX) dropped 1.
Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is clouded by persistent inflation worries that are being exacerbated by the potential for looming tariffs.
There's a growing underground market connecting job seekers to anonymous company insiders willing to help the applicants get a foot in the door.
Larry Fink, CEO of BlackRock, called for the US Securities and Exchange Commission to expedite approval for tokenizing bonds and stocks,
Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is clouded by persistent inflation worries that are being exacerbated by the potential for looming tariffs.
The global race to build generative AI capabilities has intensified with the inauguration of US President Donald Trump, who made AI a top priority.
BlackRock continues to earn an Above Average ... The strategy’s overweights to Microsoft, Apple, and Nvidia were key components in the added returns. Based on our assessment of the fund ...