Some of the biggest technology stocks have suffered double-digit losses so far this month as investors rotated out of high-flying market leaders.

The decline continues a trend of the last three years, reversing a flurry of mergers and acquisitions by Chinese conglomerates in the U.S. that included purchases such as the Waldorf Astoria in New York.

The newly created lender, which will keep the CaixaBank brand, will have assets of more than 664 billion euros, the companies said.

RiverFront Investment Group's Kevin Nicholson believes companies will refocus on right-sizing their workforces in 2021.

See which stocks are posting big moves after the bell.

In the early 1970s, students in the computer science department at Carnegie Mellon University grew tired of running down to the department’s basement only to find the soda machine empty.

Critics of the IPO process say that's capital that could have otherwise been invested by Snowflake in the business. 

The sell-off in Big Tech resumed Thursday, dragging down the broader market.

Stocks dropped on Thursday as technology stocks declined, along with plays related to a successful coronavirus vaccine rollout.

Check out the companies making headlines in midday trading.

Herman Miller reported fiscal first quarter earnings per share of $1.24, blowing past the earnings of 26 cents per share expected by Wall Street, according to Refinitiv.

Wildfires, driven by climate change, are raging across the Western United States crushing local economies. It's a wakeup call for the Trump administration.

Tonal raises $110 million from Amazon Alexa Fund, Steph Curry and others, after seeing surging demand for its at-home strength training machines during the pandemic. 

Grenke said it has convened a task force to deal with the detailed rebuttal of the accusations.