Problem with ‘internal systems’ caused Twitter outage
The outage that hit Twitter Inc. TWTR on Thursday morning was caused by a problem with the social media platform’s internal systems.
The outage that hit Twitter Inc. TWTR on Thursday morning was caused by a problem with the social media platform’s internal systems.
Shares of Sirius XM Holdings Inc. SIRI, +0.96% inched 0.16% higher to $6.20 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP, +0.03% falling 0.95% to 11,264.73 and Dow Jones Industrial Average DJIA, -0.46% falling 0.62% to 30,981.33. Sirius XM Holdings Inc. closed $0.68 short of its 52-week high ($6.88), which the company achieved on February 8th.
BofA expects the Fed to ‘pivot’ next year
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Shares of Advanced Micro Devices Inc. AMD, +1.52% rose 1.52% to $77.52 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.45% falling 0.45% to 3,801.78 and Dow Jones Industrial Average DJIA, -0.67% falling 0.67% to 30,772.79. The stock’s rise snapped a two-day losing streak. Advanced Micro Devices Inc. closed $86.94 short of its 52-week high ($164.46), which the company achieved on November 30th.
Shares of IronSource Ltd. IS, +47.09% jumped 45% in premarket trades on Wednesday after the business app company agreed to be acquired by Unity Software Inc. in an all-stock deal valued at $4.4 billion.
Stocks advance in Tokyo, Hong Kong, Shanghai
Treasury yield curve inversion reflects fears of economic slowdown
Joining a long list of tech firms, Alphabet Inc.’s GOOGL, -1.43% GOOG, -1.44% Google intends to reduce hiring for the rest of 2022 with the threat of recession, company Chief Executive Sundar Pichai said in an email to staff Tuesday. “Moving forward, we need to be more entrepreneurial, working with greater urgency, sharper focus, and more hunger than we’ve shown on sunnier days,” Pichai wrote in an email viewed by Bloomberg.
Shares of Palantir Technologies Inc. PLTR, -0.73% slid 0.73% to $9.49 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.92% falling 0.92% to 3,818.80 and Dow Jones Industrial Average DJIA, -0.62% falling 0.62% to 30,981.33. This was the stock’s third consecutive day of losses. Palantir Technologies Inc. closed $19.80 below its 52-week high ($29.29), which the company achieved on September 17th.