Meta exploring a new social network that could compete with Twitter
Meta is exploring a decentralized, text-based social network that could compete with Elon Musk’s Twitter,
Payrolls rose 311,000 in February, more than expected, showing solid growth
Nonfarm payrolls were expected to increase by 225,000 in February, while the unemployment rate was projected to hold at 3.4%, according to Dow Jones.
Astra investigating ‘potential illegal short selling’ as delisting deadline looms
Astra said it hired financial software firm ShareIntel to assist with its review of “suspicious, aberrant or unusual trading activity.”
UBS says to sell Caterpillar, citing sluggish growth outlook
Analyst Steven Fisher downgraded the construction equipment manufacturer’s shares to sell from neutral, citing a lack of growth momentum.
Analysts downgrade SVB Financial as uncertainty around tech-focused bank looms
Confidence around the stock dropped after SVB Financial announced a plan to raise more than $2 billion in capital to help offset losses on bond sales.
Jefferies upgrades Roblox, calls the video game stock one of the best internet names
Jefferies upgraded Roblox shares to buy from hold, naming it as one of the fastest-growing internet companies.
Barclays upgrades United Airlines, sees stock surging more than 50%
Barclays upgraded the airline to overweight. The firm also raised its price target to $80 from $52, implying 53.5% upside from Thursday’s close price.
A growing plastic smog is choking the world’s oceans — and it shows no signs of slowing down
More than 170 trillion plastic particles weighing roughly 2 million metric tons are afloat in the world’s oceans, new research reveals.
New York prosecutors indicate Trump criminal charges likely, report says
Donald Trump is being investigated for a hush money payment to porn star Stormy Daniels before the 2016 presidential election against Hillary Clinton.
Oracle shares sink nearly 5% after third-quarter revenue miss
Oracle reported fiscal third quarter 2023 revenue that missed analyst expecations.
