MV TELEGRAPH DAILY NEWS
Scene from Netflix’s “Squid Game” Source: Netflix The South Korean Internet service provider SK Broadband is suing Netflix after the platform’s popular show “Squid Game” allegedly led to an increase in network traffic, Reuters reported for the first time on Friday. The ISP is asking Netflix to pay the related maintenance costs stemming from a …
Continue reading “South Korean Web Service Supplier Sues Netflix Over Squid Sport”
Amazon’s new delivery truck Amazon Rivian Automotive, a company that develops electric vehicles, including commercial delivery vans, for Amazon, filed for an IPO on Friday. The company aims to trade on the Nasdaq under the ticker symbol “RIVN”. The filings show a net loss of $ 994 million on zero revenues for the first six …
Continue reading “Rivian, an electrical automobile maker supported by Amazon and Ford, goes public”
US Treasury bond yields fell early on Friday before major inflation data was released that morning. The benchmark ten-year government bond yield fell 3 basis points to 1.4944% at 4.20 a.m. ET. The yield on the 30-year government bond also fell by 3 basis points to 2.056%. The returns move inversely to the prices and …
Continue reading “Authorities bond yields fall forward of key inflation knowledge”
US stocks fell on Thursday as Wall Street ended its worst month of the year on a sour note. The Dow Jones Industrial Average lost 547 points, or 1.6%, after rising to the opening bell. The broader S&P 500 was down more than 1%, while the tech-heavy Nasdaq Composite was down 0.4%. The market weakness …
Environmentalists protest outside Amazon’s shareholders’ meeting Paayal Zaveri | CNBC Amazon reached an agreement with two former employees who, according to the National Labor Relations Board, were illegally fired for speaking out publicly about the company’s carbon footprint and labor policy. As part of the deal reached between Amazon and two employees, Emily Cunningham and …
Continue reading “Amazon settles with 2 staff who stated they had been fired for activism”
US stocks held modest gains on Wednesday as 10-year US Treasury bond yields rose in afternoon trading. The Dow Jones Industrial Average rose 80 points, or 0.2%, and the S&P 500 only rose 0.1%. The tech-heavy Nasdaq Composite gave up its early gains and lost 0.3%. On Tuesday, the Nasdaq Composite had its worst day …
Continue reading “S&P 500 holds up barely, Nasdaq falls as 10-year authorities bond yields rise”
The benchmark US 10-year Treasury yield rose again on Tuesday, trading at its highest level since June and continuing the steady rise that began last week. The benchmark ten-year government bond yield rose 6.2 basis points to 1.546% after hitting 1.567% earlier in the day. The yield on the 30-year government bond rose nearly 10 …
Continue reading “10-year yield continues to surge, hitting its highest stage since June”
US stocks fell Tuesday, with technology stocks dragging the Nasdaq and broader markets as government bond yields traded near three-month highs. The Nasdaq Composite was down 2.7% and the S&P 500 was down nearly 2%. The Dow Jones Industrial Average lost 513 points, or around 1.5%. The US 10-year Treasury yield continued to surge on …
Continue reading “Dow falls 500 pips, Nasdaq loses 2.7% as yield spike hits tech shares”
Rege-Jean Page and Phoebe Dynevor star in Netflix’s “Bridgerton”. Netflix Netflix said Monday that the first season of “Bridgerton” was the most watched TV series of all time, with 82 million subscribers who stayed on for at least two minutes in the first 28 days. Ted Sarandos, Co-CEO of Netflix, released the latest list of …
Continue reading ““Bridgerton” tops the Netflix checklist of TV reveals and “Extraction” pot film”
U.S. stocks were split on Monday morning as traders braced for the final week of a volatile September and Treasury yields rose. The S&P 500 fell by 0.2% and the Nasdaq Composite shed nearly 2% as tech stocks showed weakness in early trading. The Dow Jones Industrial Average rose more than 200 points as energy …
