Friday, July 31, 2020

The economy is in record decline, but not for the tech giants

The economy is in record decline, but not for the tech giants Even though the tech industryĆ¢€™s four biggest companies were stung by a slowdown in spending, they reported a combined $28 billion in profits on Thursday.

from Moneycontrol Business News https://ift.tt/2Dl9lQs

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...