Tag: NASDAQ:KRUS
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Apple Terminates 614 Employees, Disney Unveils June Crackdown on Password Sharing, and More Updates
Apple (NASDAQ:AAPL) – Apple is laying off 614 employees in Silicon Valley after ending its secret autonomous electric vehicle project. These are the first significant job cuts since the beginning of the pandemic, mainly impacting satellite offices in Santa Clara, California. Moreover, Hon Hai, known as Foxconn (USOTC:FXCOF), saw an 11.8% increase in sales in…
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US Index Futures Rise, Oil Dips Slightly
This Thursday, U.S. index futures show cautious optimism, reflecting market expectations in anticipation of payroll data. This upward movement comes a day after statements by Jerome Powell, chairman of the Federal Reserve (Fed), who reiterated the position that a reduction in interest rates will only be considered when there is a clear trend that inflation…
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Wall Street Highlights: Google Rejects Union Negotiations, Exxon Mobil Announces $2.5 Billion Accounting Write-Down in California
U.S. index futures are registering a decline in pre-market trading this Friday, anticipating a crucial report on the job market as Wall Street seeks to overcome a lukewarm start to January. The three major indices are set to end nine consecutive weeks of gains, with the Nasdaq facing the biggest weekly drop, down 3.3%. At…
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Thursday’s Wall Street Highlights: BofA, Meta, Stellantis, American Airlines and more
US Index Futures operated lower on Thursday morning due to concerns arising from the minutes of the last monetary policy meeting in the United States, which raised fears about the cycle of monetary tightening. By 6:42 AM, Dow Jones futures (DOWI:DJI) was down 140 points, or 0.41%. S&P 500 futures were down 0.41%, while Nasdaq-100 futures…