Sun, May 19, 2024

News

Stocks and ongoing situation

Stock futures fell, with Dow Jones declining 222 points

On Wednesday, stock futures dipped in early morning trading after the markets recovered from a tech-led sell-off a day before. Notably, the Dow Jones Industrial Average (DJIA) futures fell 222 points. S&P 500 futures and Nasdaq 100 futures witnessed slumps. The market witnessed a broad improvement during Tuesday’s session, with 9 out of 11 S&P …

Stock futures fell, with Dow Jones declining 222 points Read More »

General Motors, CBO and gross domestic product

New Wallace Battery Cell Innovation Center

General Motors has announced the construction of a new Wallace Battery Cell Innovation Center. The facility will significantly accelerate the commercialization and development of more affordable batteries for electric vehicles and expand the company’s battery technology operations. The Center will be founded on the campus of GM Global Technology Center in Michigan. The facility will …

New Wallace Battery Cell Innovation Center Read More »

facebook

Facebook shares fell after the worst site outage in 13 years

On Monday, Facebook shares declined by around 5% after the firm experienced its worst service outage in about 13 years. The outage came a day after “60 Minutes” aired an interview with a whistleblower, who blamed Facebook for betraying democracy. Remarkably, the market was broadly down Monday, with the tech-heavy Nasdaq Composite sinking by more …

Facebook shares fell after the worst site outage in 13 years Read More »

Forex Brokerage: A Conclusive Guide

After gaining some experience in Forex trading, many individuals would consider starting their own Forex business. This article will explain the sequential steps involved in a nutshell. Trillions of dollars worth of transactions take place on the Forex market every day, and the opportunity for significant gains is attracting a growing number of traders. Many …

Forex Brokerage: A Conclusive Guide Read More »

Climate change

Big Oil is going all-in to resist climate regulations

America’s oil and gas industry is fighting tooth and nail to remove or reduce climate regulations in President Joe Biden’s $3.5 trillion Build Back Better program. The API runs sponsored ads on social media and swing Congressional districts to promote the Build Back Better proposal. According to a report issued Thursday by InfluenceMap, a think …

Big Oil is going all-in to resist climate regulations Read More »

The Hang Seng gained 0.78% thanks to the comeback of technology

Hang Seng index falls as shares of Evergrande was halted

Asia-Pacific stocks were mixed in Monday trade. Hong Kong’s Hang Seng dipped by more than 2% following its return from a Friday holiday.  Remarkably, as of its final hour of trading, the Hang Seng index was down 2.24%. Furthermore, trading in shares of China’s property developer giant Evergrande was halted. The move came as investor …

Hang Seng index falls as shares of Evergrande was halted Read More »

Dollar bills close up

U.S. Dollar Consolidated Gains Against its Rivals 

The U.S. dollar continues to strengthen its positions against its rivals. On Monday, it rose against its rivals after four consecutive weeks of increases as widening concerns about the Chinese property sector as well as the firm U.S. Treasury yields encouraged hedge funds to ramp up their long positions. After spending the second quarter of …

U.S. Dollar Consolidated Gains Against its Rivals  Read More »