Tag Archives: February

Stocks pull back after February jobs report

Stocks pull back after February jobs report

Stocks lost momentum and turned downward during afternoon trading on Friday, as investors pulled back some after a powerful rally that led by big tech names. The February jobs report also showed an uptick in the unemployment rate, bolstering investor confidence that the Federal Reserve will cut rates following its June meeting. The S&P 500 (^GSPC) trended near the flatline after logging another record close on Thursday, while the Dow Jones Industrial Average (^DJI) increased by close to 0.3%…. Source link

Read More »

Stocks rise after February jobs report

Stocks pull back after February jobs report

Stocks climbed on Friday after the February jobs report showed an uptick in the unemployment rate, bolstering investor confidence that the Federal Reserve will cut rates following its June meeting. The S&P 500 (^GSPC) rose 0.2% on the heels of another record close logged Thursday, while the Dow Jones Industrial Average (^DJI) was flat. The tech-heavy Nasdaq Composite (^IXIC) added 0.3% after a sharp gain the previous day. Friday’s non-farm payrolls report showed the US economy added 275,000… Source link

Read More »

Google steps up Microsoft criticism, warns of rival’s monopoly in cloud -February 26, 2024 at 02:43 pm EST

Google steps up Microsoft criticism, warns of rival’s monopoly in cloud -February 26, 2024 at 02:43 pm EST

BRUSSELS, Feb 26 (Reuters) – Alphabet’s Google Cloud on Monday ramped up its criticism of Microsoft’s cloud computing practices, saying its rival is seeking a monopoly that would harm the development of emerging technologies such as generative artificial intelligence. Microsoft and Amazon have recently attracted scrutiny in Britain, the European Union and the United States over their market power in cloud computing. Google trails a distant third behind the two leaders. … Source link

Read More »

Who To Play, Avoid for Wednesday, February 1

Who To Play, Avoid for Wednesday, February 1

This article is part of our Yahoo DFS Basketball series. Wednesday started off as a nine-game slate but is down to eight after Wizards-Pistons was postponed due to weather-related flight issues. It should be an exciting night regardless, as every spread is within single digits and all but one game has a projected total of greater than 230 points, including one game with a 244 over/under — Kings-Spurs. As customary, we’ll highlight multiple advantageous positional matchups to exploit… Source link

Read More »

Cathie Wood Goes on Biggest Dip-Buying Binge Since February

Cathie Wood Goes on Biggest Dip-Buying Binge Since February

(Bloomberg) — Tuesday’s brutal selloff in the aftermath of August’s hotter-than-expected inflation print looked like opportunity to Cathie Wood’s Ark Investment Management. Most Read from Bloomberg The firm bought 27 stocks across its eight exchange-traded funds on Tuesday, according to data compiled by Bloomberg. The largest buy was Roku Inc., which is already the third biggest holding in the firm’s flagship $8 billion ARK Innovation ETF (ticker ARKK). The purchases came on a day when… Source link

Read More »