Wall Street rises on new statistics and hopes for peace
Wednesday was also a strong day for the New York Stock Exchange. The indices continued to climb following positive macroeconomic data and hopes for an end to the war in Iran.
BusinessWednesday was also a strong day for the New York Stock Exchange. The indices continued to climb following positive macroeconomic data and hopes for an end to the war in Iran.
BusinessA jury in Los Angeles has ruled that Alphabet, Google's parent company, and Meta, the owner of Facebook, failed to clearly warn users that the platforms could be addictive, CNBC reports.
BusinessMeta CEO Mark Zuckerberg admits that his company should have been faster when it comes to identifying underage users on Instagram.
WorldSome of the world's largest companies are accused of allowing millions of children to suffer in order to make money. Meta CEO Mark Zuckerberg is facing the first in a long line of legal cases over what can be offered online to minors - and who is responsible.
WorldGoogle's parent company Alphabet beat expectations in its quarterly report on Wednesday evening.
BusinessA new trading week began as the last one ended. Monday saw big gains on the New York Stock Exchange, fueled by the big AI-connected tech companies and increased hopes for an interest rate cut in December.
TechnologyA shaky week on Wall Street ended on a solid upward note. The hope of more cuts in the US interest rate helped to dispel some of the nervousness.
BusinessLeading indexes on the New York Stock Exchange began this week's trading with declines, weighed down by price drops in some large IT companies.
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