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Tech Slides on Fed Trepidation -- Tech Roundup

Shares of technology companies fell sharply amid trepidation ahead of the Federal Reserve s meeting. Amazon.com rose in late trading after the online megastore indicated it was throwing its.

Chegg Slumps as Wall Street Sees AI Threat to Homework-Help Firm

(Bloomberg) Shares of online-education firm Chegg Inc. were on track for their biggest drop in about a year as competition from AI tools led Wall Street analysts to downgrade the stock.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketAmazon Reports Strong Cloud Unit Sales on Rising AI DemandPot Stocks Surge on Report DEA Set to Reclassify MarijuanaHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance Founder Changpeng Zhao Gets Four Months in Priso

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