[ad_1] 2/2 © Reuters. FILE PHOTO: Facebook app logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration 2/2 WASHINGTON (Reuters) – Senators Mark Warner and Marco Rubio, chair and vice chair of the U.S. Senate Select Committee on Intelligence, wrote to Facebook (NASDAQ:) parent Meta Platforms on Monday about documents that show … Read more
[ad_1] Increased demand for cloud computing has pushed technology companies such as Oracle, Microsoft, Amazon and Alphabet#39;s Google to set up data centres across the world to speed up data transfer. [ad_2] Source link
[ad_1] © Reuters. FILE PHOTO: An undated handout image from U.S. startup Replika shows a user interacting with a smartphone app to customize an avatar for a personal artificial intelligence chatbot, known as a Replika, in San Francisco, California, U.S. Luka, Inc./Handout (Corrects to make Alvarez & Marsal a consultancy firm, rather than a law … Read more
[ad_1] A big fed-funds futures bet placed just before the release of what turned out to be a blowout U.S. January jobs report may have netted a trader a profit north of $10 million, Bloomberg reported Friday. The trader sold the January 2024 fed-funds futures contract FFF24, -0.26%, the report said, with the trade completed … Read more
[ad_1] The omicron subvariant that became dominant in the U.S. several weeks ago continued to extend its lead over other variants in the latest week, according to Centers for Disease Control and Prevention data that was updated on Friday. XBB.1.5, the omicron sublineage that first emerged in small numbers in October, accounted for 66.4% of … Read more
[ad_1] Michael M. Santiago/Getty Images News Major market averages opened to the downside after triple-A megacap buzzkills stopped the Big Tech party. Furthering the fuel was the pop in nonfarm payrolls data. Early on and the Nasdaq Composite (COMP.IND) lost 1.1% as it gave back some of the previous session’s big gains after Apple (AAPL), … Read more
[ad_1] London +0.05% Germany -0.89% France -0.66% France January final services PMI 49.4 vs 49.2 prelim Italy January services PMI 51.2 vs 51.0 expected Spain January services PMI 52.7 vs 52.5 expected The pan-European Stoxx 600 down 0.54% in early trade, with autos shedding to lead losses as all sectors and major bourses slid into the red. Coming up in the session: … Read more
[ad_1] Japan +0.39%. Japan final January services PMI 52.3, a 3 month high (prior 51.1). China -0.53%. China Caixin Services PMI for January 52.9 (vs. 51.6 expected). Travel between mainland China and Hong Kong as well as Macao will fully resume on Feb. 6, China’s Hong Kong and Macao Affairs Office of the State Council … Read more
[ad_1] Overnight, markets sensed the end of the massive global tightening cycle, after policymakers in Britain and Europe signalled their intention to pause, sending local bonds rallying and currencies lower. [ad_2] Source link
[ad_1] © Reuters. Men walk past an electric board displaying Nikkei and other countries’ indexes outside a brokerage in Tokyo, Japan January 16, 2023. The characters on the screen reads,”government bonds”. REUTERS/Kim Kyung-Hoon By Stella Qiu SYDNEY (Reuters) – Asian shares turned lower and the dollar regained some of its footing on Friday, as disappointing … Read more
