In the rapidly evolving landscape of modern banking, cybersecurity has become indispensable. As financial institutions increasingly digitize their operations and client interactions, the need for robust…
Month: August 2024
Intel announced a 15% workforce reduction, around 17,500 jobs, and will suspend dividends starting Q4 to focus on manufacturing. It also projects Q3 revenue below estimates…
Asian stocks hit a two-year low, U.S. yields fell, and the Swiss franc and yen rose after weak U.S. factory data. Japan’s Nikkei faces its worst…
Berkshire Hathaway, led by Warren Buffett, has continued selling Bank of America shares, shedding over $3.8 billion since mid-July. Berkshire sold 19.2 million Bank of America…
Wall Street indexes slumped Thursday; megacap tech, chip stocks, and small-caps faced heavy selling amid renewed U.S. economic slowdown fears. Fresh data revealed an eight-month low…
A dramatic yen rally is harnessing market momentum, prompting investors to quickly adjust as trend-followers reverse course. The yen has risen 8% against the dollar in…
Major European equity markets fell Thursday after corporate earnings reports, while upcoming U.S. policy easing boosted global bonds. The Federal Reserve kept rates steady but hinted…