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Friday, November 29, 2024

Tag: Markets

Here’s why China was largely unaffected by Friday’s IT outage

BEIJING — While businesses in the U.S. and Europe woke up Friday to a global IT outage that disrupted airports and hotels, China...

Asia stocks fall as Biden drops presidential bid; China unexpectedly cuts interest rates

Aerial view by drone of Tokyo Cityscape with Tokyo Sky Tree visible in Tokyo city, Japan on sunrise.pongnathee kluaythong | Moment | Getty...

Autonomous AI workers that talk to each other will arrive in 2025, Capgemini predicts

Photo Of Robot Examining Invoice With Magnifying Glass.Andreypopov | Istock | Getty ImagesArtificial intelligence-powered agents will be able to work together and solve...

The ‘Trump trade’ is on pause. Political uncertainty is now in the driver’s seat

It didn't take long to remember what a second Donald Trump presidential term would mean for the stock market, did it? Unpredictability. Random...

Top Wall Street analysts are confident about the potential behind these 3 stocks

The stock market is in a rough patch as of late while investors grapple with macro pressures, upcoming elections and geopolitical tensions.However, investors...

‘Just buying, buying, buying’: What the recent small-cap boom suggests about the appetite for risk

The money flow into small caps may not be a rotation from winning growth trades.Dave Nadig, ETF journalist and financial futurist, sees investors...

U.S. stock exchanges operating normally, issue with FTSE Russell indexes amid global outage

A trader works on the floor at the New York Stock Exchange on July 3, 2024.Brendan Mcdermid | ReutersA massive IT outage that...

SunPower stock collapses below $1 as company halts leases, installations and shipments

Workers install solar panels during a SunPower installation on a home in Napa, California, US, on Monday, July 17, 2023. David Paul Morris |...

How a software update caused one of the world’s biggest IT blackouts

George Kurtz, co-founder and CEO of CrowdStrike Inc., speaks during the Montgomery Summit in Santa Monica, California.Patrick T. Fallon | Bloomberg | Getty...

In the face of trade tensions, China says it will focus on its own economy

Real estate building under construction in Qingjiangpu District, Huai 'an City, Jiangsu province, China, on July 15, 2024.Cfoto | Future Publishing | Getty...

Asia-Pacific markets set for lower open as rotation out of tech continues; Japan inflation watched

This photo taken on October 23, 2022 shows people looking at fruit and vegetables outside a supermarket along a covered shopping street in...

Here’s why Abbott Labs stock is getting dinged after a strong earnings beat

Abbott Labs delivered a second-quarter earnings beat on Thursday, but the company's ongoing litigation over its baby formula — plus softer guidance for...

Watch: ECB President Christine Lagarde speaks after rate decision

European Central Bank President Christine Lagarde is giving a press conference following the bank's latest monetary policy decision. The central bank left interest rates...

European Central Bank holds interest rates, says domestic price pressures ‘still high’

Christine Lagarde, president of the European Central Bank (ECB).Bloomberg | Bloomberg | Getty ImagesThe European Central Bank left interest rates unchanged on Thursday,...

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