Asian stocks surge on tech boost; yen extends gains to cap wild week Asian stocks rallied on Friday after Apple's (AAPL.O) With markets in Japan and mainland China closed on Friday, regional trading activity is likely to be subdued as traders look ahead to the U.S. 05/2/2024 - 3:19 pm | View Link
Stocks jump after Fed, US data; yen strengthens Asian stocks and U.S. futures rose on Thursday after the Federal Reserve downplayed risks of an interest rate hike, while the yen was bumpy after another burst of suspected intervention from Japan. 05/2/2024 - 12:00 pm | View Link
Japan just spent billions to boost the flailing yen — and the US may get involved too Japan spent about $35 billion to prop up the yen on Monday and intervened again on Wednesday. A leading economist says the US may step in, too. 05/1/2024 - 10:07 pm | View Link
Stock market today: Asian stocks follow Wall St tumble. Most markets in the region close for holiday Asian stocks fell Wednesday with most of the markets in the region closed for a holiday. Meanwhile, U.S. stocks closed out their worst month since September. Oil prices were lower and U.S. futures ... 04/29/2024 - 6:56 pm | View Link
Yen Drops Beyond 158 Per Dollar as BOJ Keeps Key Rate Unchanged The yen’s relentless decline continued after Bank of Japan Governor Kazuo Ueda indicated monetary policy will stay easy for now, sending the currency to a fresh 34-year low against the dollar while ... 04/25/2024 - 4:34 pm | View Link
It wasn’t quite an AMA, but Reddit executives fielded a few questions submitted by Redditors on the company’s first earnings call. Here’s how it went.
Reddit has always marched to the beat of its own drummer—so when it came time for its first earnings call as a public company, it had no plans to alter that strategy.
Tinder’s paying user base declined 9% from the same time a year ago to just under 10 million.
Tinder continued to lose paying users in its first quarter, with Match Group CEO telling investors Tuesday that the company expects to slow user declines in the back half of this year.
Lyft is benefiting from the industry-wide trend of a pickup in ride-hailing demand and its strong execution of new functionalities.
Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday, driven by robust demand for its services and benefits from new user and driver features.
Along with original beams, there are also original ladders from the barn structure in the house. Records show the property dates back to at least the late 1800s.
The head of Saudi Arabia’s new investment fund for semiconductor and artificial intelligence technology said the country would divest from China if it were asked to do so by the US.
“So far the requests have been to keep manufacturing and supply chains completely separate, but if the partnerships with China would become a problem for the US, we will divest,” said Amit Midha, the chief executive officer of Alat, an investment firm backed by $100 billion in capital from the Public Investment Fund.
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US officials have told their Saudi Arabian counterparts that they need to choose between Chinese and American technology as they aim to build out the Saudi Arabian semiconductor industry, Bloomberg has reported, as part of ongoing talks on a range of national security issues.