Tech Rallies as 'Magnificent Seven' Ride Again - Tech Roundup
Shares of technology companies rallied as traders leapt back into bets on mega-cap companies that had underperformed in recent weeks.
The Roundhill Magnificent Seven exchange The European Union's executive arm has started a process to provide Apple with guidance on how the iPhone maker can comply with rules to ensure its operating systems are functional with other technologies.
A group of companies including Meta Platforms, Spotify and Italian luxury-fashion giant Prada warned that the European Union risks missing out on the full benefits of artificial intelligence because of the bloc's tech regulations.
Mobileye Global shareholders after the Israeli autonomous driving technology company's majority shareholder confirmed that it has no current plans to sell its interest in the self-driving technology company.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
September 19, 2024 17:06 ET (21:06 GMT)
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