Thursday, October 5, 2023

Stock Market

The stock market refers to the collection of markets and exchanges. It is where regular activities of buying, selling, and issuance of shares of publicly-held companies take place.

Economic Slowdown Caused NYSE Decline

The New York Stock Exchange in the U.S. is on the decline due to growing concerns over an economic slowdown caused by news that retail sales fell in March and the possibility of further interest rate hikes by the Federal...

Netflix and Google Soared, Boosting NASDAQ

Netflix and Google, the world's largest search engine, soared together on the 20th (local time), boosting the U.S. stock market. Netflix closed at USD 342.50, up 8.46% on the New York Stock Exchange. Netflix's fourth-quarter earnings announced the previous day...

Semiconductor Stocks Evaporated by $240 billion

Bloomberg reported on the 11th that global semiconductor stocks have evaporated by 240 billion dollars as global semiconductor stocks have plunged due to the U.S. restrictions on semiconductor exports to China. Taiwan's TSMC plunged 7% on the Asian stock market...

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