Bill C-22 in Canada faces strong opposition from tech leaders and experts who warn it threatens the digital economy by undermining data privacy and encryption. Quebec's tech sector, especially in AI and cloud infrastructure, could lose investments, talent, and data centers as companies like Meta, Apple, and Signal oppose forced backdoors and data retention rules. This could lead to a brain drain and relocation of tech infrastructure outside Canada, damaging the region's reputation as a trusted hub for digital innovation. The debate highlights the tension between government surveillance ambitions and economic security needs in the tech industry.
The MicroSectors FANG+ 3X Leveraged ETN (FNGU) fell 16% in a single session on June 5, 2026, driven by a sharp selloff in major tech stocks like NVIDIA and Broadcom, and rising short-term interest rates following a strong jobs report. Despite a 22% d...
Fidelity is steering away from bonds issued by major tech companies like Amazon, Alphabet, Meta, Microsoft, and Oracle, which are raising hundreds of billions to fund AI infrastructure. Despite strong credit ratings, these bonds offer minimal yield p...
The S&P 500 and Nasdaq saw a sharp pullback, yet the AI-driven market rally remains fundamentally strong due to robust earnings upgrades and growing demand for AI infrastructure beyond semiconductors, including memory, storage, and networking. Major ...
AI-driven technology stocks like AMD, Google, Amazon, Microsoft, and Meta have surged recently, delivering strong returns without showing signs of a bubble. Analyst Julian Lin highlights that these companies trade at reasonable valuations supported b...
Meta Platforms is reportedly considering a large stock offering to raise tens of billions of dollars to support its investments in artificial intelligence, following Alphabet's recent move to do the same. This shift from primarily issuing debt to rai...
