Fri, April 19, 2024

US stocks trading

U.S. futures gain as major firms report strong Q3 earnings

U.S. futures gain as major firms report strong Q3 earnings

U.S. stock futures increased on Tuesday as major companies continued to report strong Q3 earnings. Notably, this eased concerns that persistent COVID-19 cases and increasing costs would derail corporate America’s profit rebound. Futures linked to the Dow soared around 167 points or 0.5%. Meanwhile, S&P 500 futures rose 0.5% and Nasdaq 100 futures boosted 0.4%. …

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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 …

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China is Using its Zero-Covid Policy Ahead of Olympics

China Describes the U.S. as ‘Weak and Unreliable’

According to the geopolitical expert, in an attempt to bring Taiwan closer to China, China portrays the United States as a weak power that you can not hope for. They are citing, for example, the rapid takeover of Afghanistan by the Taliban. As Rodger Baker, vice president of strategic analysis at Stratfor, noted, China’s latest …

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U.S. stock futures fell after Dow and S&P 500 hit records

U.S. Stock Futures Fell after Dow and S&P 500 Hit Records

U.S. stock index futures fell in early morning trading Tuesday. Remarkably, the Dow Jones Industrial Average and S&P 500 closed at record highs in the previous session. Moreover, futures contracts tied to the Dow declined by 191 points. S&P 500 futures and Nasdaq 100 futures also dipped. Furthermore, the Dow Jones Industrial Average and S&P …

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Amazon is looking for a digital currency payment lead

Amazon is looking for a digital currency payment lead

As businesses worldwide begin to accept bitcoins as a form of payment, it appears that e-commerce behemoth Amazon is exploring it as well. That is, according to a new job posting on the company’s official website. Amazon is looking for a competent individual to fill the Digital Currency and Blockchain Product Lead role, even though …

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Elon Musk sues OpenAI

Elon Musk professional pain about Tesla

ON WEDNESDAY, Tesla CEO Elon Musk stated that his electric vehicle and solar businesses could assist bitcoin miners in switching to renewable energy. A scarcity of battery cells currently limits them. He also admitted that Tesla’s custom-designed 4680 cells are still not mass-produced for use in electric vehicles or energy storage systems. During a presentation …

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Microsoft's new Windows 11 might anger Apple and Google

Microsoft’s new Windows 11 might anger Apple and Google

Microsoft launched a fierce attack on rivals Apple and Google on Thursday. Microsoft announced that Windows 11 would have an app store that allows developers to retain 100% of app sales. Apple restricts app makers from showing anything that looks like a competing store, e.g., apps that contain links to download multiple apps. Last year, …

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Amazon Web Services: Amazon web services website homepage.

Tech Giants Say Antitrust Bills Will Hurt Small Businesses

Technology giants that may be spun off due to a series of new antitrust laws, publicly oppose these measures. Lawmakers will debate these measures on Wednesday. Amazon and Google issued statements on Tuesday against these bills. Apple and Facebook are also the targets of the House Judiciary Committee’s investigation into the digital market. However, they …

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The US's new Antitrust Bills to control Tech Giants' power

The US’s new Antitrust Bills to control Tech Giants’ power

Amazon, Apple, Facebook, and Google may be forced to overhaul their business practices. On Friday, a bipartisan group of members of the U.S. House of Representatives proposed four Antitrust Bills to control tech giants’ power. These five bills will make it more difficult for dominant platforms to complete mergers. Also, to prohibit them from owning …

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Stocks and millionaires

US stock futures rose ahead of the economic data

US stock futures increased ahead of retail sales data and producer prices, suggesting whether recent inflationary pressures will remain. S&P 500 futures increased by 0.2%, and the Dow Jones futures gained 0.2%.  The expected meeting of the Federal Reserve takes on a greater significance after the latest inflation in the US. Several macroeconomic indicators will …

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US and Japan

Japan to lunch Antitrust Probe against Apple and Google

The Japanese Government will start investigating the activities of Apple and Google amid growing accusations of antitrust violations by US tech giants.  This month, the Government will form a panel to examine the relationship between domestic smartphone manufacturers and giant US companies.  Currently, 90% of the Japanese market’s share consists of Apple iOS and Google …

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Signage of Apple company in front of apple store.

What will Apple present at its conference on June 7?

Every year, Apple  starts its Worldwide Developers Conference focused on its hardware and software news. The company will present the following products with greater probability: iOS 15 The next version of Apple’s mobile operating system will once again take all the spotlight. Among the rumored additions, better notification management stands out. We can set preferences …

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