Technology

Brewin Dolphin has negotiated a deal to reduce its payout to Figaro Technology after it backtracked on plans to roll out a new computer system earlier this year.

Goldman Sachs' global equity team sees IT companies as main beneficiaries of improved tech infrastructure.

In 2013, US stock prices ascended faster than underlying earnings. With corporate earnings growth ranging in the low to mid-single digits and most broad-based stock indices up over 30%, the bulk of the year's gains came from an expansion in the price...

Jeremy Gleeson, manager of the AXA Framlington Global Technology fund, gives an overview of prospects for the US technology sector.

Apple has acquired headphone manufacturer Beats Electronics - the company part-owned by hip hop mogul Dr. Dre - for $3bn, after carrying out its largest ever acquisition.

Better-than-expected first quarter results from Apple and Facebook have pushed both stocks higher in after-hours US trading to help calm concerns over technology stocks' performance.

TECHNOLOGY

Goldman Sachs has sought to reassure clients spooked by the recent falls in tech stocks, saying the US is unlikely to suffer a 2000-style crash.

US equity fund managers have begun cutting their exposure to technology stocks as the highly-rated sector falls out of favour with some investors following a long winning streak.

The FTSE 100 was down over 1% by 11am, with Hargreaves Lansdown leading the market lower after being downgraded by Morgan Stanley.