3 reasons tech stocks, once hot, are suddenly not

A selloff in technology stocks Wednesday drove the Nasdaq and S&P 500 indices to their worst performances since 2022. The slump in high-tech follows a year-long rally by the “Magnificent Seven,” a group of seven industry giants that have led markets into record terrain. The slump continued on Thursday, with the tech-heavy Nasdaq index slipping

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CrowdStrike blames bug for allowing bad data upload that led to global tech crash

How a glitch crippled tech operations worldwide How the CrowdStrike glitch crippled operations across the globe 01:41 CrowdStrike on Wednesday released more details about the cause of Friday’s technology outage, which crippled Microsoft Windows computers around the world and disrupted airlines, hospitals, banks and other businesses. The cybersecurity company blamed a bug in a program

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