Global Archives - Page 106 of 441

3 minute read

Dow Dips 200 Points; JPMorgan Posts Upbeat Earnings

January 12, 1:48 PM

U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 200 points on Friday. Following the market opening Friday, the Dow traded down 0.56% 37,498.15 while the NASDAQ fell 0.18% to 14,942.82. The S&P 500 also fell, dropping, 0.13% to 4,774.05.

AUVI

3 minute read

Stagflation In 2024? Red Sea Crisis Could Trigger Domino Effect For Global Costs

By Neil Dennis

January 12, 1:19 PM

Stagflation could be a possibility in 2024 as tensions in the Middle East and Red Sea escalate, raising risks of persistently high inflation.

COST

3 minute read

US Stocks Higher; Producer Prices Fall In December

By Avi Kapoor

January 12, 10:55 AM

U.S. stocks traded higher this morning, following the release of PPI data on Friday. Following the market opening Friday, the Dow traded up 0.08% to 37,739.53 while the NASDAQ rose 0.49% to 15,042.81. The S&P 500 also rose, gaining, 0.40% to 4,799.13.

CRGE

2 minute read

Asia and Europe Markets Rise, Crude Oil Hits $75, and Gold Nears $2,050 – Global Markets Today While US Was Sleeping

By Akanksha Bakshi

January 12, 7:28 AM

US stock markets closed mixed on Jan 11 due to rising inflation and strong labor market. Asian markets mostly up. Oil prices rise due to Yemen strikes.

ADIV

2 minute read

Meta Offers $51M To Resolve Ads Lawsuit With Canadian Facebook Users In Four Provinces

By Benzinga Neuro

January 12, 4:46 AM

Facebook's parent company, Meta Platforms Inc, is proposing a $51 million settlement in response to a class-action lawsuit in Canada. The lawsuit alleges unauthorized use of users' images in Facebook ads.

Google Join Hands With Chilean Government To Establish First APAC-Linking Undersea Cable

By Benzinga Neuro

January 12, 2:49 AM

The project, dubbed the Humboldt Cable Project, will stretch from Valparaiso, a port city in Chile, to Sydney, Australia, covering a distance of approximately 14,800 kilometers or 9,200 miles. The cable is projected to have a lifespan of 25 years.

GOOG

2 minute read

Russia Restrictions On Facebook, Instagram And X Cost Economy Over $4B In 2023

By Benzinga Neuro

January 11, 11:46 PM

The economic loss from Russia's internet restrictions highlights the country's increasing isolation from the West and the substantial impact of internet disruptions on the global economy.

AAPL

2 minute read

Mark Zuckerberg Reportedly Got Upset After Mockery Of His Metaverse Avatar At Colleague’s Wedding

By Benzinga Neuro

January 11, 11:01 PM

Zuckerberg took offense when his metaverse avatar, derided for its low-quality design, was mocked at former Meta COO Sheryl Sandberg's wedding in August 2022.

Tesla Suspending Most Production At Giga Berlin Due To Red Sea Disruption

By Chris Katje

January 11, 5:57 PM

Attacks on transportation vessels in the Red Sea are impacting the supply chain for Tesla in Europe.

TSLA

2 minute read

Argentine President Milei Shocks With Plan To Dismantle Central Bank Amid Skyrocketing Inflation, IMF Backs Move

By Piero Cingari

January 11, 5:07 PM

They voted us to govern and put the Argentine economy in check. Surveys on the image and government measures are accompanying us. We have set a course and we are fulfilling it," Milei stated.

ARGT