A high-volume cyberattack temporarily blocked access to the websites of Ukraine’s banks and defense agencies, escalating fears of a full-scale Russian invasion. Ukraine’s Ministry of Digital Transformation stated that a mass distributed denial of service attack hit the country. A DDOS allows a hacker to flood a victim’s network or server with traffic so that …
Ukraine Hit by Cyberattack amid Russian Invasion Fears Read More »
Shares of eBay Inc. plunged on Wednesday’s after-hours market after it issued disappointing earnings and revenue guidance. The American e-commerce giant slashed 7.77% or 4.24 points to $50.35 per share. This downturn followed a drop of 1.02% or 0.56 points to $54.59 per share in the regular trading stretch. In line with this, the California-based …
EBay Stocks Plunge as Latest Outlook Disappoints Read More »
Sony Group Corporation revealed the design of the new PlayStation virtual reality headset on Tuesday. This move came amid the soaring competition in the VR space. The latest hardware features a similar white-and-black color scheme as the PlayStation 5. At the same time, it also offers a slimmer design with a weight reduction compared to …
Palo Alto Networks, Inc. rallied on Tuesday’s extended trading after its fiscal second-quarter earnings benefitted from solid security software demand. The American cybersecurity company hiked 6.41% or 30.49 points to $506.00 per share. It rebounded from its decline of 1.38% or 6.66 points to $475.51 per share in the regular trading stretch. Accordingly, the upturn …
Palo Alto Networks Rally Security Software Demand Read More »
Mercedes-Benz anticipates having factories pivoted on producing electric vehicles exclusively by the second half of the decade. The German luxury automotive company aims to keep its production lines flexible with the latest market demand. In an interview, Mercedes-Benz production chief Joerg Burzer stated that the firm foresees its factories switching entirely to electric. He explained …
Mercedes-Benz Predicts EV-Exclusive Production Lines Read More »
Wall Street futures headed to a sharp low in early Tuesday due to the rising geopolitical tensions between Russia and Ukraine. Contracts tied to the Dow Jones Industrial Average slipped 1.30% to 33,562.00. It edged down 447.00 points in the latest trading session. Likewise, the S&P 500 futures declined 1.51% or 66.50 to 4,277.00 points. …
Wall Street Futures Down on Russia-Ukraine Tensions Read More »
At 2:45 AM ET (0745 GMT), the Dollar Index, which follows the dollar versus a basket of six other currencies, traded 0.3% lower at 95.745. News of the potential summit arrived from the office of French President Emmanuel Macron, who had suggested the idea to the two leaders. The White House stated that Biden had …
Risk sentiment elevated by potential Ukraine summit Read More »
Total production from the core producing regions of the US, including Permian, Eagle Ford, Niobrara, Bakken, and Anadarko, reached 7.7 million bpd in the fourth quarter of 2021 and is expected to grow further as oil prices edge higher, as stated by Oslo-based research company Rystad Energy. Production is anticipated to exceed the 2019 …
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