Now organizations using Microsoft Exchange have a new security headache: never-before seen ransomware that’s being installed on servers that were already infected by state-sponsored hackers in China. Microsoft reported the new family of ransomware deployment late Thursday, saying that it was being deployed after the initial compromise of servers. Microsoft’s name for the new family […]
The Nasdaq sold off after the 10-year Treasury yield spiked to its highest levels of the year following the passage of the $1.9 trillion Biden stimulus plan. The Dow Jones Industrial Average continued to rally, however, with Boeing (BA) the standout blue chip performer. Meanwhile, Warren Buffett stock StoneCo (STNE) fell hard on weak earnings. […]
Stock Markets The market ascended to a record high in the past week on the back of renewed optimism over an impending economic recovery. The week’s developments did much to calm investor fears. A moderate inflation report and a slowdown of the upward movement in interest rates fueled the market rally, but the big news […]
Broad gains in stocks pushed several major indexes to all-time highs on Wall Street. The S&P 500, the Dow Jones Industrial Average and a measure of small-company stocks all closed at record levels on Thursday. The S&P 500 added 1%. The tech-heavy Nasdaq rose 2.5%, but remains below the record high it set last month. […]
A gauge of global stock markets climbed for a third straight session on Thursday to hit its highest level in two weeks, as a dip in government bond yields helped curb inflation concerns and give a boost to equities. Euro zone bond yields fell after the European Central Bank said it was ready to accelerate […]
Bitcoin (BTC) is proving its flexibility as an investment, rising along with tech and social-media stocks when those securities are rallying and still managing to eke out gains when traditional-market investors suddenly go cold on the technology trade, according to ByteTree Chief Investment Officer Charlie Morris. The secret? Bitcoin’s investment narrative deftly shifted toward its potential use as […]
Almost everything in life is a matter of perspective, including developments in the oil and gas industry. For people who would start to study global oil flows today, it would come as something completely natural that Iraq largely depends on Asia to take in its plentiful oil exports. Be it Basrah Light or Heavy, Asia’s […]
Roblox, the kids gaming app that surged in popularity during the pandemic, soared in its market debut on the New York Stock Exchange on Wednesday. The company’s stock closed at $69.50 apiece, giving the company a market cap of $38.26 billion. Roblox went public through a direct listing, following the lead of other tech companies […]
U.S. stock futures were largely flat on Wednesday evening after the market’s blue-chip average set another record high during regular trading hours. Futures contracts for the Dow Jones Industrial Average added 10 points, or less than 0.1%. Those for the S&P 500 and the Nasdaq 100 inched about 0.1% higher. The move in futures came […]
With the next round of $1,400 stimulus checks days away from being delivered, retail investors may funnel a good chunk of that newfound money into U.S. stocks. A recent Deutsche Bank survey found that 37% of Main Street investors, some of who could be members of the Reddit community, will plow a “large chunk” of […]
Stock traders don’t normally talk about bond auctions, but all this week the 10-year Treasury auction that will happen on Wednesday has been the main subject of conversation. “It’s been a long time since stock traders have cared about bond auctions,” Matt Maley from Miller Tabak told me. “The number one issue for the stock […]
Asian stock prices followed Wall Street higher on Wednesday following a rally for major tech companies. Shanghai, Tokyo, Seoul and Hong Kong advanced. Sydney declined. Wall Street’s benchmark S&P 500 index closed up 1.4%, led by gains for Apple, Amazon and other tech majors. The Nasdaq composite index, dominated by tech shares, surged 3.7% for […]
