A divergence between the S&P 500 and VIX indices raises a ‘red flag’ for the stock market rally, warned former hedge fund investor Jesse Felder. Getty Images It’s a waiting game for investors early on Thursday. Markets are waiting patiently and somewhat nervously for Federal Reserve President Jerome Powell’s keynote …
Read More »Shares in Europe drive army for Powell speech; Rolls-Royce slowed down
A ground crew member passes a Rolls-Royce Holdings engine on the wing of a passenger plane at Tegel Airport, operated by Berlin Brandenburg Airport, in Berlin, Germany, on July 7, 2020. Krisztian Bocsi / Bloomberg News European equities fell lower on Thursday, with markets keen on the US Federal Reserve’s …
Read More »Congress has over a million documents from Big Tech’s antitrust investigation, and they’re ready to criticize big-name CEOs
For more than a year, the federal government has surrounded Big Tech and its business practices. On Wednesday, members of the House of Representatives will unfold evidence their staff has found and put direct pressure on some of the world’s top executives. Four of the most prominent CEOs of technology: …
Read More »Facebook’s biggest advertiser Disney is reportedly cutting advertising spending
MENLO PARK, California – Walt Disney Co. has “dramatically” cut its advertising budget on Facebook and Facebook-owned Instagram, according to a report published in the Wall Street Journal. It is the latest setback for the social network, which is facing a growing advertising boycott of its policies and actions on …
Read More »‘All of these advertisers will be back soon’
Posted: Jul 2, 2020 at 7:50 am ET Mark Zuckerberg, CEO of Facebook Inc., speaks during the Silicon Slopes Technology Summit in Salt Lake City, Utah, on January 31. Bloomberg news Hundreds of companies around the world have joined a temporary boycott against Facebook Inc., but CEO Mark Zuckerberg says …
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