Posts in category Economic Times
Fragile yen could make BOJ’s Ueda tilt more towards hawkish stance (25-04-2024)
The BOJ chief will be mindful of avoiding the episode of 2022, when his predecessor's dovish remarks triggered a yen plunge that forced Tokyo to intervene to prop up the currency.
Meta shares sink on higher AI spending, light revenue forecast (25-04-2024)
Shares of the Facebook and Instagram parent dropped about 15% in extended trade following the report, its market capitalization plunging to about $1 trillion.
Stocks hit by tech slump; yen flails at intervention zone (25-04-2024)
A 15% dive in shares of Meta in extended trading after the Instagram parent forecast lighter-than-expected current quarter revenue and higher expenses soured the mood, sparking a sell-off in U.S. tech and tech-related stocks.