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.
Harris Glides Toward Nomination, Contest With Trump -- WSJ
Vice President Kamala Harris marched toward securing the Democratic presidential nomination Monday following President Biden's decision to abandon his re-election bid, as the party coalesced around her to take on Donald Trump this fall.
Did Biden's withdrawal cause market shock: Trump's chances of winning increased, pushing up the stock market, and the return of the Democratic Party may lead to a short-term adjustment?
Last Sunday, USA President Biden announced that he will not seek re-election in November, adding uncertainty for the new owner of the White House in 2025.
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.
UBS Wealth Management Chief Investment Officer: don't chase after the rise of small cap US stocks as the upward trend is not sustainable.
Lisa Shalett believes that the profit issues of small cap stocks are unlikely to be solved by a 75 basis point rate cut by the Federal Reserve. The prospect of the Republican Party winning the November election in the United States may stimulate the small cap stock market, but this is expected to be short-lived. Fund rotation is sustainable, and large cap stocks and high-quality cyclical stocks are preferred.
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
Notable Earnings After Tuesday's Close
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
Market Advances Monday after Biden Steps Down From Reelection
The market climbed Monday morning. The $S&P 500 Index(.SPX.US)$ advanced -0.70%, the $Dow Jones Industrial Average(.DJI.US)$ climbed 0.11%, and the $Nasdaq Composite
Ad-tech Names Rise as Google Tweaks Privacy Sandbox Approach
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