Hong Kong stocks hit by geopolitics as China’s biotech companies in US lawmakers’ cross hairs
From South China Morning Post: Hong Kong stocks slipped as a US Senate committee advanced a bill targeting Chinese biotech
Author: Market News Data
A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labor power) in exchange for money from buyers.
Zacks Earnings Trends Highlights: Apple, Amazon, Microsoft, Meta and Nvidia
From NASDAQ.: Total earnings and revenues for 338 S&P 500 members are up by +5.5% and +3.7% from last year.
Elon Musk says will drop lawsuit if OpenAI changes name to…
From Hindustan Times: Elon Musk has offered to drop his lawsuit against OpenAI and Sam Altman if the company changes
Markets React as Fed Chair Powell Signals Rate Cuts Amidst Economic Uncertainty
From Investing.com: Federal Reserve (Fed) Chair Jerome Powell indicated certainty in cutting interest rates this year during his testimony before
As Big Tech scrambles to meet EU rules, investigations seen as likely
From Nasdaq: Major tech companies such as Google, Apple, Amazon, Microsoft, Meta, and TikTok owner ByteDance have been rushing to
Sugar Stages Rally: Could it Signal Renewed Inflation Despite Dovish Fed?
From Investing.com.: Sugar prices are surging due to El Nino weather patterns causing issues in Brazil, Thailand, and India, impacting
Tesla quits Australia auto lobby over claims on car emission standards
From Nasdaq: Tesla announced its departure from Australia’s auto lobby, citing misleading claims over proposed fuel efficiency standards. The company
Rogers offer 5G Home Internet Service
Rogers offers 5G Home Internet service for addresses within the coverage area, with a device that can also connect to
Microsoft engineer warns company’s AI tool creates violent, sexual images, ignores copyrights
An AI engineer at Microsoft, Jones, has raised concerns about the OpenAI model that powers the Copilot Designer’s image generator.
Asian stocks fall as US rate cheer fades; Nikkei hit by BOJ jitters By Investing.com
From Investing.com: Asian stocks fell as conflicting signals on U.S. interest rates from Federal Reserve officials caused uncertainty in the
Sensex Today | Share Market Live Updates : Global cues, Gift Nifty firm up, indicating the bull run to continue today
From Hindustan Times: In Asian markets, stocks rose after comments by Federal Reserve Chairman Powell hinted at possible interest rate
OpenAI hits back at Elon Musk: Hashtag Trending for March 7, 2024
From IT World Canada: 1. OpenAI responds to Elon Musk’s lawsuit alleging changes to a for-profit company. Documents indicate Musk
Japan’s Nikkei index hits record high on US rate hopes By Investing.com
From Investing.com: Japan’s Nikkei 225 index reached a record high, climbing 0.6% to 40,499.0 points in early trading on Thursday.
Looking Ahead to Q1 Earnings: What’s Next?
From Nasdaq: Total S&P 500 earnings for Q1 2024 expected to increase by +2.4% with a +3.5% rise in revenues.
Dow Jones Futures: Palantir Soars Into Buy Zone, Nvidia Runs, But Beware This
From Investor’s Business Daily: Dow Jones futures remained stable after a rebound in the stock market rally on Wednesday. Fed
Why Meta Platforms Stock Topped the Market Today
From Nasdaq: Meta Platforms (NASDAQ: META) saw a 1% stock increase after being included in Bank of America’s list of
3 Stocks to Buy For Post-Earnings Momentum
From Nasdaq: The Q4 earnings cycle is wrapping up, with technology companies driving positive results, while the energy sector lags.
Bitcoin Hits All-Time High Of $69K – Forbes Advisor INDIA
From Forbes: Bitcoin has surged to a new all-time high of $69,170, with a market cap of $1.35 trillion. Despite
Microsoft (MSFT) Stock Slides as Market Rises: Facts to Know Before You Trade
From Nasdaq: Microsoft’s stock closed at $402.20, down 0.11% from the previous session, trailing S&P 500. For the month, shares
Elon Musk and Open AI/Chat GPT engage in slapfest as lawsuit emails are released
From Daily Kos: AI in graphic illustration is helpful but requires postwork. AI is not self-aware; it compiles existing information
Medicare should negotiate prices for 50 drugs each year
From CNBC: President Joe Biden is pushing to expand Medicare negotiations to include at least 50 prescription drugs annually, up
Why private equity has been involved in every recent bank deal
From CNBC: Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin met after a House hearing on pandemic response.
How the SEC’s Recent Win May Play in Its Coinbase, Binance Cases
From Nasdaq: A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law in a default judgment case.
S&P/TSX composite makes moderate gain after rate decision, U.S. markets also rise
From The Reminder: Canada’s main stock index saw modest gains as the Bank of Canada kept its key lending rate
US STOCKS-Wall Street indexes advance as Fed’s Powell fuels hopes for rate cuts this year
From Nasdaq.: Wall Street’s major indexes closed higher on Wednesday as Fed Chair Jerome Powell hinted at rate cuts. Powell