Chinese tech stocks fall as US export restrictions increase chip sector hurdles

By Josh Horowitz and Jason Zew SHANGHAI (Reuters) – Shares in Chinese technology giant Alibaba (9988.HK) and Tencent (0700.HK) So did chip makers on Monday, as investors spooked new US export control measures aimed at slowing Beijing’s technological and military advances. The Biden administration published a comprehensive set of export controls on Friday, including a … Read more

Wall Street closed lower as the Fed pound exchange rate rose

Oil prices add to inflation problems after OPEC+ production cut Weekly jobless claims in the US increased more than expected Indices down: Dow Jones down 1.15%, Standard & Poor’s 1.02%, Nasdaq 0.68% Oct 6 (Reuters) – Wall Street’s main indexes closed lower on Thursday as concerns mounted ahead of closely watched monthly nonfarm payroll numbers … Read more

Nasdaq boosted by Tesla, interest rate hike fears remain

Tesla gains on plans to increase production The main indicators are set for the third consecutive quarterly decline Nike backtracks on margin warning and drags sports equipment makers The Dow is down 0.36%, the S&P is flat, and the Nasdaq is up 0.32%. Sept 30 (Reuters) – The Nasdaq rose on Friday as Tesla rose … Read more

EXCLUSIVE: Brands post ads on Twitter next to child pornography accounts

Sept 28 (Reuters) – Some major advertisers including Dyson, Mazda, Forbes and PBS Kids have halted their marketing campaign or removed their ads from parts of Twitter because their promotional ads appeared alongside tweets urging child pornography, the companies told Reuters. Brands ranging from The Walt Disney Company (DIS.N)NBCUniversal (CMCSA.O) The Coca-Cola Company (KO.N) Children’s … Read more