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The US stock market closed mixed on Friday: the Dow Jones up 0.39%
18 February 2023
Friday trading result The US stock market ended Friday's trading mixed, with the consumer goods, telecoms and utilities sectors strengthening. At the close of trading on the New York Stock Exchange the Dow Jones&n...
Twitter has lost more than half of advertisers: What did Elon Musk do wrong?
14 February 2023
Partnership with Twitter More than half of the advertisers partnering with Twitter have suspended their work with the company due to disagreement with the policies of its owner Elon Musk. This was reported by CNN on Monday. Some 625 companies, incl...
Citigroup is almost ready to make a deal to sell Banamex in Mexico
13 February 2023
Citi Mexico unit to be sold Citigroup is close to completing a deal to sell its Mexico unit. The Financial Times reported this on Monday, specifying that the deal could be worth between $6bn and $8bn. According to the newspaper, billionaire Germ&aa...
Bill.com thinks that the company's stock need to be bought
12 February 2023
Bill.com and its shares Shares of Bill.com Holdings (NYSE: BILL) have suffered badly over the past year. The leader in financial automation software has lost more than 60% of its value, even as it is growing rapidly. The company believes it has a b...
Stock market on Friday: Stocks end the week with losses
11 February 2023
US stock market US stock indices fell for the third consecutive week in early trading on Friday. Since the start of the week, the Dow Jones has lost 1.1%, the S&P 500 2% and the Nasdaq Composite 2.7%. However, at the end of trading, the Dow Jon...
Disney will lay off 7,000 employees as part of a major restructuring
9 February 2023
Staff cuts at Disney The Walt Disney Company will reorganise into three divisions and cut 7,000 employees. The company's CEO, Robert Allen Iger, made the announcement on Wednesday during a conference call with investors, Bloomberg reported. Accordi...
US markets are down at the start of trading: The Dow Jones down 0.18%
8 February 2023
Stock market on Wednesday US stock indices are down in early trading on Wednesday as traders assess corporate news and wait for new signals from Federal Reserve (Fed) executives, whose speeches are scheduled for the day. The Dow Jones Industrial Av...
Dell to lay off 6,650 employees
6 February 2023
DELL staffing Dell, one of the world's largest computer makers, has announced planned layoffs of 6,650 people due to a slump in demand for personal computers. It was announced by Bloomberg on Monday. According to its data, the company's staff will ...
Big technology companies to spend more than $10bn on staff cuts
3 February 2023
Staffing at major tech companies Amazon, Meta, Alphabet and Microsoft will collectively spend more than $10bn due to massive layoffs and other austerity measures. The Financial Times reported this on Friday, citing earnings reports. It said the com...
The US stock market closed up on Friday: The Dow Jones gaining 2.13%
7 January 2023
After the close of trading on Friday The US stock market ended Friday's trading with gains in the commodities, industrials and technology sectors. You can read how Friday's trading opened on the stock market at GlobalNY.biz by clicking here. The D...
The US stock market is trading flat: The Dow Jones up 0.23%
6 January 2023
Stock market on Friday US stock indices are moving weak and mixed in early trading on Friday as investors assess US labour market data. The number of jobs in the United States economy increased by 223,000 in December, the slowest pace since Decembe...
San Francisco office landlord sues Twitter
2 January 2023
Twitter failed to pay rent The landlord of one of Twitter's offices in San Francisco has filed a lawsuit against it over the corporation's failure to pay $136,26,000 in rent, The Wall Street Journal reported. The landlord is see...
Global stock exchanges and bond markets lose more than $30 trillion in 2022
31 December 2022
Stock exchanges in 2022 Global stock exchanges and bond markets have lost more than $30 trillion in 2022, the most since the global financial crisis of 2008. This was reported by the British Financia...
Huawei is out of crisis despite US sanctions
30 December 2022
Sanctions not a problem for Huawei Huawei says it has emerged from "crisis mode" and has adapted to US restrictions. This was reported by The Wall Street Journal. According to the newspaper, the company's telecommunications business is growing and,...
Sempra Infrastructure contracts RWE for 2.25 million tonnes of liquefied natural gas per year
28 December 2022
A 15-year contract German energy company RWE has signed a contract with US firm Sempra Infrastructure to supply 2.25 million tonnes of liquefied natural gas (LNG) per year from the US. This was reported by DPA on Wednes...
Rivian has its a horrible year ever
26 December 2022
Rivian in 2022 Rivian's shares are trading at around $19.14, The Street reports. It's worth noting that Rivian is considered a major competitor to Tesla. Rivian (NASDAQ: RIVN) shares started the year at $103.69. They are currently trading around $1...
Investors made $15 billion on Tesla shares plunge
25 December 2022
Tesla shares Downside investors have made $15bn since the start of the year on Tesla's plunge, according to MarketWatch. New research shows that downside sellers have made $15 billion this year by betting that Tesla stock will fall as about $800 bi...
Alphabet and Meta lose lead in the US digital advertising market
23 December 2022
Competition in the digital advertising market Alphabet and Meta have lost their edge in the digital advertising market due to growing competition from Amazon, TikTok, Microsoft and Apple. The Fi...
Value of media groups down $527bn
21 December 2022
The value of media groups The combined market value of the largest media and entertainment conglomerates has fallen by more than $0.5 trillion this year as a result of falling share prices. This was reported by the Financial Times (FT). Media, whic...
L3Harris to acquire rocket engine manufacturer Aerojet Rocketdyne for $4.7 billion
19 December 2022
A deal between two companies L3Harris has announced a $4.7bn agreement to acquire rocket engine specialist Aerojet Rocketdyne. The company notes that the acquisition of the rocket engine manufacturer will allow it to "...
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JP Morgan Chase
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Dow Jones
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Walt Disney Company
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Bloomberg L.P.
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Alena Potapova

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