US STOCKS-Nasdaq tumbles as investors turn away from Big Tech
July 15 (Reuters) - The Nasdaq tumbled on Thursday, pulled lower by Apple, Amazon and other Big Tech companies as investors digested a fall in weekly jobless claims and concerns about a recent inflation spike. Amazon, Apple and Facebook dropped more than 1% each. Nvidia tumbled 4% and Tesla fell almost 2%. More...
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Biden Says situation In Hong Kong Is Deteriorating Ahead Of Warning To Companies Operating There
President Joe Biden on Thursday addressed a warning that his administration is expected to issue on Friday to companies about the increasing risks of operating in Hong Kong. "The situation in Hong Kong is deteriorating, and the Chinese government is not keeping its commitment that it made -- how it would deal with Hong Kong," Biden told reporters during a joint news conference with German Chancellor Angela Merkel. "So it is more of an advisory as to what may happen in Hong Kong."Market Pulse... Read more...
Visa And Mastercard Stand By Binance Amid Exchanges Regulatory Scrutiny
While two of the biggest U.K. read... Article continues...
Intel In Talks To Buy GlobalFoundries For About $30 Billion - WSJ
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Stock market news live updates: Stock futures open lower, extending earlier declines
Stock futures opened lower Thursday evening to extend decline from the regular session. Contracts on the S&P 500 moved to the downside. Earlier during the regular session, the Nasdaq lagged, with technology and growth stocks coming under selling pressure as concerns over the strength of the U.S. economy recovery increased. More here...
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