Kering shares fall due to weaker demand
Key points: Kering shares fell 15% in early trading, resulting in a loss of 7.9 billion euros ($8.6 billion) in market capitalization.…
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Apple is accused of monopolizing the market
Key points: The US Department of Justice and 16 states accuse Apple of monopolizing the smartphone market. Apple denies the allegation…
The Fed left interest rates unchanged
Key points: The Fed kept interest rates unchanged, which eased investor concerns. The Dow Jones, S&P 500 and Nasdaq Composite indi…
The Micron company shares increased 16%
Key points: The company’s shares soared more than 16% after releasing a strong earnings report and guidance. Demand for Micron m…
Oil declines after reaching highs
Key points: Oil futures contracts fell on Wednesday after a period of gains. The strengthening of the US dollar makes oil less attract…
Meta awaits shipments of new Nvidia chips
Key points: Meta Platforms, Facebook’s parent company, has struck a deal with Nvidia to supply a new type of artificial intellig…
The yen falls amid the decision of the BoJ
Key points: The BoJ raised interest rates for the first time in 17 years. The new BoJ discount rate ranges from 0 to 0.1%. The US doll…
AI enthusiasm has returned the market to growth
Key points: Alphabet shares rose after news of negotiations with Apple. The communications services sector gained the most out of the …