Israeli private detective, Aviram Azari has pleaded guilty for involvement in surveillance and cyber intelligence hack scheme in April 2022. Azari, who has been detained and under investigation in the…
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EconomyFeaturedfinancialfortofolioGlobal NewsInvestmentNewsUS
Risk-reward for Roblox “turned sharply negative” – Morgan Stanley downgrades, lowers target
by Michael Loweby Michael LoweMorgan Stanley analysts downgraded Roblox Corporation (NYSE:RBLX) to ‘Underweight’ from ‘Equal-weight’ and lowered their Price Target on the shares to $24 from $27.50, citing ‘slower growth in 2H and minimal…
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EconomyFeaturedfinancialGlobal NewsInvestmentNewsPoliticsUS
Trump says his campaign talking with Meta about possible return to Facebook -Fox News
Former U.S. President Donald Trump told Fox News Digital on Wednesday that his campaign was in talks with Meta Platforms about a possible return to Facebook (NASDAQ:META) and Instagram, two…
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EconomyFeaturedfinancialGlobal NewsInvestmentUS
Dow futures fall 230 pts; Brainard speech, jobless claims, Netflix in focus
by Michael Loweby Michael LoweU.S. stocks are seen opening lower Thursday, continuing the previous session’s selloff ahead of the release of widely-watched economic data, speeches from Federal Reserve policymakers and important corporate earnings. At…
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EconomyFeaturedfinancialGlobal NewsNewsUSWorld News
Trapdoor for dollar, red flag for Fed: Mike Dolan
The U.S. dollar’s accelerating decline from the heady highs of 2022 has a ways to go yet – but the speed of the drop may build a case for a…
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EconomyFeaturedfinancialGlobal NewsNewsUSWorld News
Philly Fed, jobless claims, Genesis bankruptcy report – what’s moving markets
Brace for another U.S. data dump, a day after weak retail sales and industrial production numbers forced markets to reappraise the risk of a recession. The Philadelphia Federal Reserve’s manufacturing…
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EconomyFeaturedfinancialfortofolioGlobal NewsInvestmentNewsUSWorld News
U.S. stocks were falling as investors await Fed’s beige book
U.S. stocks turned lower on Wednesday despite economic data on retail sales and producer prices that eased fears about interest rate hikes. At 11:10 ET (16:10 GMT), the Dow Jones Industrial…
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China’s BYD takes cautious approach to U.S. in global EV push
Chinese electric vehicle (EV) giant BYD is embarking on a rapid global expansion to challenge Tesla (NASDAQ:TSLA) but for now it’s stuck in the slow lane on its rival’s home…
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EconomyFeaturedfinancialGlobal NewsInvestmentNewsUSWorld News
Stocks fall after data showing a cooling economy
U.S. stocks were falling on Wednesday as investors studied data that showed the economy was cooling. At 12:56 ET (17:56 GMT), the Dow Jones Industrial Average was down 429 points or 1.3%,…
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EconomyFeaturedfinancialfortofolioGlobal NewsInvestmentNewsUS
Wall St sinks after weak data, hawkish Fed comments
The S&P 500 and the Dow lost almost 2% on Wednesday, their biggest daily drops in more than a month, after weak economic data fueled recession worries while hawkish comments from Federal…
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