Technology

Mutual funds are piling into technology stocks to a record level, according to a latest active managers holdings report from Bank of America Merrill Lynch. But the overweighting may not be bullish for the sector going forward. In July “large cap active managers have yet again increased their positioning in …

After testing out digital currencies earlier this month, independent stock research analyst Ronnie Moas on Sunday published the first two parts of his 122-page report on bitcoin and other digital currencies. “In my view, the genie is out of the bottle, and cryptocurrencies will continue to rise and take market …

Zhang Peng | LightRocket | Getty Images An Apple store in Hangzhou, China. China appears to have succeeded in eliminating software programs that enable its people to view an uncensored internet. Companies that let people avoid the government filters said Saturday that their programs have been removed from Apple’s app …

Tomohiro Ohsumi | Getty Images SoftBank Group Corp. Chairman and Chief Executive Officer Masayoshi Son speaks during a press conference on May 10, 2017 in Tokyo, Japan. Shares of Charter Communications shot up 7 percent in trading Monday on talk the Japanese conglomerate SoftBank Group will make a direct bid …

Andrew Burton | Getty Images Meg Whitman, CEO of Hewlett Packard, on the floor of the New York Stock Exchange Meg Whitman dismissed speculations on Friday morning Asia time that she may join Uber as a replacement for its former chief, Travis Kalanick. Whitman, who is currently CEO of Hewlett …

David Paul Morris | Bloomberg | Getty Images Apple CEO Tim Cook speaks during the Worldwide Developers Conference in California, U.S., on June 5, 2017. Yet another patent application by Apple in the buzzing field of augmented reality (AR) came to light Thursday. But according to analysts CNBC spoke to, …

Rick Wilking | Reuters Brian Krzanich, Intel CEO, speaks during the Intel press conference at CES in Las Vegas, January 4, 2017. Intel reported better-than-expected second-quarter earnings Thursday, but one analyst on Wall Street is not convinced it is a sign of better things to come. Jefferies reiterated its underperform …

David Paul Morris | Bloomberg | Getty Images Jack Dorsey, co-founder and chief executive officer of Twitter Inc., Twitter has a new business idea: It wants to charge advertisers a monthly fee for the company to handle all of their promoted tweets. That means a business would pay Twitter $99 …

The initial pullback in tech came a day after the sector dragged the broader market lower as investors took profits off the table. The major indexes notched a record high Thursday before tech rolled over midway through the session. “The SPX and NDX saw ‘outside-down’ days yesterday, increasing the likelihood …

David Becker | Bloomberg | Getty Images Randall Stephenson, chairman and chief executive officer of AT&T. AT&T said on Friday that its executives will head its media and wireless businesses following the close of its $85.4 billion acquisition of Time Warner. As of August 1, John Stankey, who currently leads …