Tag: NASDAQ:MU
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China Bans Micron, Ryanair Exceeds Profit Expectations, Meta Fined €1.2bn by EU
China Bans Micron China’s Cyberspace Administration announced a ban on operators of key infrastructure from purchasing products from US chipmaker Micron Technology (NASDAQ:MU), citing “serious network security risks.” The move marks China’s first major action against an American semiconductor group, with Micron identified as posing risks to the country’s critical information infrastructure supply chain. Ryanair…
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Monday’s Wall Street Highlights: Meta, Micron, Ford, Hepion, Ryanair and more
US Index Futures were broadly flat on Monday as traders watched talks on the US debt ceiling. By 7:49 AM, Dow Jones futures were up 8 points, or 0.03%. S&P 500 futures were down 0.01%, while Nasdaq-100 futures were down 0.06%. The 10-year Treasury yield was at 3.68%. West Texas Intermediate crude rose 0.21% to settle at $71.70…
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Friday’s Wall Street Highlights: Disney, Occidental Petroleum, Alibaba, Farfetch and more
The US Index Futures point to a slight increase and are still trying to extend yesterday’s gains, when optimism prevailed with the signs of progress in negotiations on raising the debt ceiling in the United States. By 6:46 AM, Dow Jones futures were up 34 points, or 0.10%. S&P 500 futures were up 0.11%, while Nasdaq-100…
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Semiconductors Shift to Japan, Walmart Exceeds Earnings Expectations, Alibaba Begins Breakup with IPOs
Optimism Surrounds Greek Stocks Investors are optimistic about Greek stocks, expecting the country to regain its investment-grade status and demonstrate fiscal discipline and economic resilience. Greek stocks have been among the best performers globally this year, with the Athens Stock Exchange General Index (EXAE:AT) up 22%. Semiconductors Shift to Japan Ahead of the G7 summit,…
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Thursday’s Wall Street Highlights: Walmart, Alibaba, Deutsche Bank, Snowflake and more
US Index Futures were mixed on Thursday, on optimism that talks to raise the country’s debt ceiling are progressing, and traders digesting gains from Walmart and Alibaba, as well as reports of weekly unemployment claims numbers, the Philadelphia Fed’s manufacturing survey numbers for May, and awaiting existing home sales data for April. By 08:45 AM,…
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Micron Invests in Japanese Memory-Chip Manufacturing, BT Group to Reduce Workforce by 42%
Deutsche Bank Settles Epstein Case Deutsche Bank (XE:DBK) has agreed to pay $75 million to settle accusations that it benefitted from human trafficking by retaining Jeffrey Epstein as a client. Lawyers describe this settlement as potentially the largest sex-trafficking settlement involving a banking institution in American history. The allegations against the German bank revolved around…
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PC Shipments Continue To Fall, Super Mario Bros. Movie Breaks Records, Tesla Lowers Prices Again
US Stocks Fall US stocks took a hit, and the dollar surged in thin trading during the holidays, as investors prepared for another interest rate hike from the Federal Reserve. This came after Friday’s US job data, with the S&P 500 (SPI:SP500) falling more than 0.5%, and the tech-heavy Nasdaq 100 index (NASDAQI:NDX) losing 1.1%.…