Markets React as Powell Hints at Steady Rates Federal Reserve Chair Jerome Powell sent shockwaves through the financial world, causing stocks to stumble and bond yields to climb. The Dow Jones Industrial Average shed 250 points, equivalent to a 0.8% dip, while the...
The electric vehicle (EV) stock race hit a speed bump as Tesla (NASDAQ:TSLA) led the pack on a downward spiral, thanks to its underwhelming third-quarter earnings and Elon Musk’s rather cautious outlook on the eagerly anticipated Cybertruck launch. Tesla’s...
Oil Prices Dip Amid Middle East Tensions and Fed Watch Oil prices took a breather in Asian trading on Thursday after a string of gains earlier in the week. Market attention remained focused on the ongoing Israel-Hamas conflict, with investors eagerly awaiting further...
Taiwan’s Foxconn, the world’s top contract electronics manufacturer, has announced plans to venture into the creation of cutting-edge data centers using Nvidia (NASDAQ:NVDA) chips and software for a wide array of applications, with a particular focus on...
Microsoft’s Billion-Dollar Wooing of Amazon: Will Bezos Swipe Right on MS 365? In a tech tango worth over a billion bucks, Microsoft is reportedly making eyes at Amazon.com (NASDAQ:AMZN), trying to lure them into a cloud productivity romance with its coveted 365...
