Hong Kong’s morning trading session will be delayed due to a typhoon alert issued by the government, which is currently at signal No. 8.
: After years of delays, Tesla builds its first Cybertruck
After years of delays, Tesla Inc.’s first Cybertruck rolled off the assembly line Saturday in Austin, Texas.
: Microsoft, Sony reach deal to keep Activision’s ‘Call of Duty’ on PlayStation
Microsoft Corp. on Sunday announced a “binding agreement” to keep Activision Blizzard Inc.’s massively popular “Call of Duty” videogame available to Sony Corp.’s PlayStation platform once Microsoft’s acquisition of Activison is complete.
Market Snapshot: Stocks are riding a wave of optimism as U.S. inflation recedes, but there are dangers lurking
Some bulls expect an improved economic outlook to send the S&P 500 to an all-time high later this year, but there are dangers lurking.
Earnings Watch: The nation’s biggest banks are gearing up for more consumer struggles ahead
JPMorgan Chief Executive Jamie Dimon on Friday said the U.S. economy was basically doing OK. But caution still prevails.
: Musk says Twitter is cash-flow negative as advertising falls and competition from Threads grows
Twitter owner Elon Musk said Saturday that advertising revenue has dropped 50% just as competition between the micro-blogging platform and Meta’s competitor Threads intensifies.
Market Extra: U.S. stocks typically rally during earnings season. Here’s why this summer might be different.
Earnings season is typically a happy time for the U.S. stock market. But this summer might be different, analysts said.
: Misinformation and hate speech already rampant on Threads: research
Threads is overflowing with misinformation about the 2020 election, COVID-19 and vaccines, and gender-affirming care, according to research from Media Matters.
: Cathie Wood’s ARK ETFs sold $50 million in Coinbase stock
Cathie Wood’s ARK ETFs sold nearly half-a-million Coinbase shares, but the cryptocurrency exchange remained among the top holdings of some the ETFs.
: Once-mighty Canopy Growth loses billions as dream of pot riches runs into reality of oversupply and overspending
Led by Cannabis Growth’s roughly $19 billion drop in market value, Canadian cannabis companies have lost more than $62 billion since their peak.
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