Technology

T-Mobile shares rallied more than 4 percent Tuesday after CNBC’s David Faber reported that the telecom giant and Sprint were in advanced merger talks. “This was a name that was long rumored [to be in] deal talks with Sprint,” Dan Nathan of RiskReversal.com told CNBC’s “Fast Money” on Monday. The …

David Paul Morris | Bloomberg | Getty Images Apple CEO Tim Cook speaks during the Worldwide Developers Conference in California, U.S., on June 5, 2017. Apple users prompted to upgrade their iPhone operating system Tuesday may not think much of the incremental improvements of iOS 11. But CEO Tim Cook …

Patrick T. Fallon | Bloomberg | Getty Images John Legere, T-Mobile US. T-Mobile and Sprint are in active talks about a merger, according to people close to the situation. Both companies and their parents, Deutsche Telekom and Softbank, have been in frequent conversations about a stock-for-stock merger in which T-Mobile …

China Daily | Reuters The first C919 passenger jet made by the Commercial Aircraft Corporation of China (Comac) is pulled out next to a Chinese national flag during a news conference at the company’s factory in Shanghai, Nov. 2, 2015. “It’s a big growth market and I think the key, …

Getty Images The new iPhone 8, iPhone X and iPhone 8S are displayed during an Apple special event at the Steve Jobs Theatre on the Apple Park campus on September 12, 2017 in Cupertino, California. Apple’s smartwatch and iPhone announcements last week set off a wave of excitement among consumers …

Donat Sorokin | TASS | Getty Images The Bitcoin cryptocurrency symbol on a stone sphere monument painted black by unidentified persons in Oktyabrskaya Square in Yekaterinberg, Russia. Cryptocurrencies are the new red state/blue state divide in America. StockTwits said late last week that there were as many messages on its …

MANAN VATSYAYANA / AFP / Getty Images Mercedes’s pit-crew changes the tyres of British driver Lewis Hamilton’s car during the second practice session of the Formula One Singapore Grand Prix night race on September 15, 2017. Data coming from the cars racing around the island-nation’s city-center will go through engine …

Stephen Lam | Reuters An attendee checks out a new iPhone X during an Apple launch event in Cupertino, California, U.S. September 12, 2017. KGI analyst Ming-Chi Kuo said in a note this week that investors should buy shares of firms working in Apple’s supply chain to provide parts for …

Getty Images The new iPhone 8, iPhone X and iPhone 8S are displayed during an Apple special event at the Steve Jobs Theatre on the Apple Park campus on September 12, 2017 in Cupertino, California. Apple may not be able to meet demand for the highly anticipated iPhone X until …

The big tech rally is starting to lose steam, according to trader Todd Gordon, who says that as a result, it’s time to bet against the sector. “We’ve been watching the tech sector underperform lately, and I think we’re starting to carve out a top,” the TradingAnalysis.com founder said Thursday …