[Source-moneycontrol.com]
Market Volatility and Key Economic Reports: What to Watch This Week Last week, Wall Street experienced significant turbulence, with the stock market ending nearly flat after a volatile trading period. The week began with heightened panic due to the unwinding of the yen carry trade, which spiked market volatility. Invest…
News
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[Source-foxbusiness.com]
Bank of America CEO Brian Moynihan predicts no recession in the near future and anticipates interest rate cuts by the Federal Reserve, signaling optimism about the U.S. economy's recovery. During an appearance on CBS’s "Face the Nation" with Margaret Brennan, Moynihan indicated that the American economy appears to be on …
(Source - fxleaders)
Mixed Market Activity Amid U.S. Economic Anticipations
Asian stock markets presented a mixed picture on Monday as traders awaited significant economic reports from the United States later this week. Hong Kong's Hang Seng Index saw a modest increase of 0.2%, reaching 17,120.23, while the Shanghai Composite Index inched up …
(Source - business-standard)
Development
The Motorola Razr 2024 is now available for $699, offering significant improvements over its predecessors in the realm of foldable phones. As one of the most budget-friendly flip phones on the market, the Razr (2024) is a refreshed version of last year’s model, featuring enhancements such as a larger c…
(Source - forbesindia)
Settlement and Payouts:
Apple has begun distributing payments from a $50 million settlement to MacBook owners affected by the defective butterfly keyboards. The payouts come after a lengthy legal process following a class-action lawsuit filed against Apple. Customers who have filed approved claims will receive compensat…
(Source - csmonitor)
Early Preview and Expectations
Apple recently unveiled its much-anticipated Apple Intelligence, a suite of artificial intelligence features, to developers. This preview offered a glimpse into what the company has in store, but it also highlighted the significant gap between current capabilities and the marketing hype that…
(Source- yahoo)
Market Selloff and Key Price Declines
The crypto market experienced a significant selloff on Sunday, leading to a loss of approximately $270 billion in value, according to data from CoinGecko. This decline was driven by a notable drop in major cryptocurrencies, with Bitcoin's price falling by 11% and Ether experiencing a dram…
(Source- economictimes.indiatimes)
Market Decline:
U.S. stock market futures and cryptocurrency prices took a nosedive on Sunday evening following a tumultuous week on Wall Street, where the Nasdaq entered correction territory. As of 11 p.m. Eastern, Dow Jones Industrial Average futures fell over 250 points, or 0.7%, while S&P 500 futures…
(Source- Forbes)
Olympic Performance and Online Backlash:
Australian breakdancer Raygun faces criticism, known by her stage name Raygun, made her Olympic debut at the 2024 Paris Games. Despite her enthusiasm and unique routine, her performances ended in defeat across all three of her matches, with a final score of 54-0. Raygun's routine, whic…
Neuralink's Second Human Trial
Elon Musk’s brain-computer interface (BCI) company, Neuralink, has announced its second successful human trial. This news was disclosed during a conversation on the Lex Fridman podcast, where Musk briefly mentioned that the second human implant trial was progressing well, stating, "So far so good." According to Mus…
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