Dow Jones futures were higher ahead of Tuesday’s open after the Dow Jones Industrial Average sold more than 480 points on Monday. Tesla stock plunged after several reports announced that Tesla plans to cut production of electric vehicles in China as demand appears to be weakening. X The electric vehicle giant has refuted the reports, …
Dow Jones plunges 480 points as investors fear Fed rate hike through 2023 Read More »
As an outage in courier services provided by Rackspace Technology Inc. stretched into a fourth day on Monday, customers had questions, but the San Antonio company didn’t offer many answers. This has left some to fend for themselves as they look for other ways to communicate with customers and conduct business. Others have complained of …
Rackspace stock plunges as courier outage caused by ‘security incident’ persists Read More »
A screenshot of the FTX ad featuring comedian Larry David that ran during the Super Bowl in February 2022.Screenshot: FTX/YouTube The Department of Justice and the Securities and Exchange Commission are investigating FTX, a crypto platform that halted withdrawals on Tuesday, according to a new report from the the wall street journal. And while the …
DOJ and SEC Investigate FTX Collapse as Entire Crypto Market Plunges Read More »
UPDATE with closing price: Disney stock closed at $86.75 per share, down more than 13% as investors punished the company for its disappointing quarterly earnings report and weak earnings forecast. The one-day drop was the biggest for Disney shares since the start of Covid in the US in March 2020, when it also fell 13%. …
