Russia’s invasion of Ukraine has raised concerns about cyberattacks to a fever pitch. In the United States, banks and major corporations are reinforcing up their cybersecurity protocols in the anticipation of a greater number of hacking attempts. “With the Ukraine conflict now front and center and poised to widen, we expect a surge of cybersecurity…
Cybersecurity Gaining Momentum on Russia–Ukraine Developments: The Stocks to Watch
March 2, 2022
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Wall Street Posts Gains After Choppy Session, Energy Index Hits Multi-Year Peak
All three Wall Street benchmarks advanced on Tuesday and the energy index closed at a multi-year high, although seesaw trading reflected investor uncertainty about how to play the current market. Recent sessions have been choppy, as the prospect of an aggressive rate-hike campaign by the U.S. Federal Reserve looms large and investors seek to position…
Bitcoin Miner Argo Blockchain Shares Gain on News of Diversification
Bitcoin miner Argo Blockchain PLC has started a non-mining business unit, Argo Labs, to diversify its business and take advantage of other opportunities in the blockchain ecosystem, CoinDesk reports. “We’ve always felt that the blockchain space has more potential than just mining,” said Argo CEO Peter Wall in an interview with CoinDesk, adding the new business unit will be “an…
Oil Prices on Track for Biggest Weekly Gain Since August
December 10, 2021
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LONDON—Oil prices were on track for their biggest weekly gain since late August, with market sentiment buoyed by easing concerns over the Omicron coronavirus variant’s impact on global economic growth and fuel demand. The Brent and WTI benchmarks were both on course for gains of more than 7 percent this week, their first weekly gain…
Dow Posts Record Closing High, Stocks Gain for 3rd Week; Dollar Dips
October 23, 2021
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NEW YORK—The Dow Jones industrial average registered a record closing high on Friday and major equity indexes posted a third straight week of gains while the U.S. dollar slipped. On the day, MSCI’s broadest gauge of global shares was flat, and the S&P 500 and Nasdaq ended lower. Stocks came under pressure after Federal Reserve…
Shares Gain as Evergrande Says It Will Make Interest Payment
September 22, 2021
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World shares and U.S. futures advanced Wednesday after Chinese developer Evergrande said it intends to make an interest payment on its debt that is due Thursday. Shares rose in Paris, Frankfurt and Shanghai but fell in Tokyo. Markets have been rattled by Evergrande’s struggle to meet debt payments and uncertainty over what if anything the…
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