Cybersecurity Milestone: Cisco Acquires Splunk in $28B Deal
Cisco (CSCO) has sealed a deal to acquire the AI-driven cybersecurity powerhouse, Splunk (SPLK), for a staggering $28 billion, potentially heralding a resurgence in tech
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Fed President Neel Kashkari Urges Gradual Rate Hikes
Minneapolis Federal Reserve Bank President Neel Kashkari commended the surprising resilience of the U.S. economy in the face of recent Federal Reserve (Fed) borrowing rate
Nasdaq 100 Index Draws Short Sellers, Raises Concerns
Citigroup strategists have reported a shift in investor sentiment, indicating a growing aversion to the tech-heavy Nasdaq 100 Index. At the onset of the year,
Stock Prices See Sharp Decline Amid Fed’s Rate Outlook
In a tumultuous start to the trading day, Wall Street witnessed a sharp decline in stock prices on Tuesday as concerns over the Federal Reserve’s
Market Recovery: Wall Street Overcomes Policy Fears
Wall Street made a resounding recovery on Monday, shrugging off concerns stemming from the Federal Reserve’s recent “higher for longer” policy stance on interest rates.
Moody’s Issues Warning on Potential US Government Shutdown
In a stark advisory released on Monday, global credit ratings agency Moody’s cautioned that a looming US government shutdown could have detrimental implications for the
OpenAI’s ChatGPT Introduces Voice and Image Capabilities
In a significant leap forward, OpenAI’s ChatGPT is set to undergo a substantial update, equipping the widely recognized chatbot with the capability to engage in
Nissan Pledges All-Electric European Lineup by 2030
Nissan announced on Monday that all of its forthcoming European car models will be all-electric (EVs), marking a significant step toward a greener automotive future.
Screenwriters’ Strike Uncertainties Rattle Media Stocks in Trading
Major media conglomerates faced a turbulent day of trading on Monday, relinquishing early gains spurred by hopes of an imminent resolution to the ongoing screenwriters’
European Central Bank Tackles Inflation with Steep Rates
The European Central Bank (ECB) stands steadfast in its mission to combat surging inflation, even as signs of economic fragility emerge. ECB Chief, Christine Lagarde,
