CrowdStrike CEO George Kurtz To Testify Before Congress On Faulty Update Causing Global Disruptions
The CEO of CrowdStrike Inc., George Kurtz, has been called upon by a U.S. congressional panel to testify regarding the recent worldwide tech outage.
Bitcoin, Dogecoin Trade Flat, Ethereum Drops As Spot ETFs Get Approved: The Altcoin King Might Retrace But Analyst Thinks Dip Buying Is The 'Best' Position
Leading cryptocurrencies traded broadly flat Monday as the SEC gave a final nod to spot ETFs tracking the price movement of Ethereum.CryptocurrencyGains +/-Price (Recorded 9:30 p.m. EDT)Bitcoin (
Amazon Buys Historic Bray Film Studios Known For 'Dracula' And 'The Curse Of Frankenstein'
Amazon.com Inc. (NASDAQ:AMZN) has acquired Bray Film Studios, the former production site for the iconic Hammer horror film series, to expand its UK-based television and film production.What Happened:
Options Market Statistics: Big Tech Stocks Surge on Monday, Boosting S&P 500 and Nasdaq Gains
News Highlights
AU Morning Wrap: Australian Stock Market Gains Momentum with Tech Rally
Australian stock market gains momentum with tech rally. Stocks to watch: Woodside Energy, Transurban, Brainchip.
Metals & Mining Monitor | General Decline in Metal Prices; BHP Reports Record Iron Ore Production for FY24, Copper Production Rises by 9%
Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
S&P rose more than 1%, small cap index rose 1.7%, Tesla and Nvidia rose about 5% each, while commodity fell again.
U.S. stocks rose with the S&P up over 1%, the largest increase in seven weeks, and the NASDAQ up 1.6%. Funds have returned to small cap stocks, with the small cap index rising 1.7%. Investors bought U.S. tech stocks on the dip, and only Apple and Amazon among the seven tech giants declined, with Tesla and Nvidia both up about 5%. Cybersecurity leader CrowdStrike, which triggered a global IT failure, fell more than 13%, nearly erasing this year's gains. Some Trump trades cooled down, with electric cars and photovoltaic stocks rising and petroleum stocks falling. There was a new variable in the U.S. presidential election over the weekend, and safe-haven demand initially pulled down U.S. bond yields and the dollar while boosting gold, but panic subsided and the VIX volatility index fell 10% from its highest level in nearly three months. The China concept stock index surged 2.8%, while offshore Renminbi fell more than 110 points to a two-week low. Oil prices initially fell more than 1%, and metal fell sharply.
Google Reverses Course On Cookie Ban In Chrome, Citing Industry, Regulatory Pressure
Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google decided to abandon its long-standing plan to eliminate cookies in its Chrome browser, citing industry and regulatory pushback.What Happened: After
Nvidia, Tesla, Rest of Mag 7 Lift Stock Market Higher | Wall Street Today
The S&P 500 Index recovered from its biggest weekly slump since April, and the Nasdaq Composite Index rebounded, buoyed by gains in Nvidia, Tesla and the rest of their Magnificent Seven peers.
WBD Taps Matching Rights in an Attempt to Stay on NBA Deal
Is the darling of chip stocks changing? Citigroup: Broadcom is catching up with Nvidia.
According to Citigroup analysts, last week's communication with investors revealed that Nvidia is still the most bullish chip stock among investors, with Broadcom close behind due to its acquisition of VMware and gaining more AI customers such as OpenAI. Meanwhile, investors are becoming somewhat tired of Nvidia.
Warner Bros. To Match Amazon's Bid For NBA Rights
Warner Bros. To Match Amazon's Bid For NBA
Google To Introduce Choice Experience In Chrome Instead Of Deprecating Third-Party Cookies; Will Continue Developing Privacy Sandbox APIs For Enhanced Privacy And Utility; Plans To Add IP Protection To Incognito Mode
Google To Introduce Choice Experience In Chrome Instead Of Deprecating Third-Party Cookies; Will Continue Developing Privacy Sandbox APIs For Enhanced Privacy And Utility; Plans To Add IP Protection
CMA Accepts Google's Commitments On Third-Party Cookies
CMA Accepts Google's Commitments On Third-Party
S&P 500, Nasdaq Rebound, as Nvidia, Tesla and Rest of Magnificent Seven Rally
The
The S&P 500 Typically Outperforms in July, Underperforms August-October - RBC Capital Markets
Southwest Airlines Saved By Procrastination: How 32-Year-Old Software Protected Company From Microsoft Outage, CrowdStrike Issues
The airline sector was one of the hardest hit by the Microsoft Outage and CrowdStrike (NASDAQ:CRWD) issue on Friday.While the issues have subsided in recent days, one airline may demonstrate its
How Is The Market Feeling About Accenture?
Accenture's (NYSE:ACN) short percent of float has fallen 7.75% since its last report. The company recently reported that it has 7.47 million shares sold short, which is 1.19% of all regular shares
US Stocks Rebound As Tech Surges, CrowdStrike Continues Selloff, Oil Hits 1-Month Lows: What's Driving Markets Monday?
Wall Street started the new week on a positive note, with all major indices in the green. A rebound in tech stocks following last week's dips bolstered overall investor sentiment. Investors focused on the start of the tech earnings season, looking past President Joe Biden's withdrawal from the reelection campaign.
10 Consumer Discretionary Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity