Investors saw a glimmer of hope at the end of a tumultuous week on Wall Street as the stock market closed on a high note on Friday. The S&P 500 and Nasdaq both posted gains, while the Dow Jones Industrial Average ended the day slightly lower. This mixed distribution reflects the uncertainty and volatility that has plagued the market in recent days.
The malicious SSH backdoor has been detected in the xz data compression library for Linux, raising concerns among the Linux community. The compromised library has been distributed to various Linux distributions, putting the security of countless systems at risk.
Viking Therapeutics Inc. (VKNG) saw a surge in its stock price following the release of positive results from its Phase 1 clinical trial for its oral obesity drug.
In a move to bolster its regulatory framework, China has announced plans to implement new rules aimed at tightening control over market access and data flows within the country.
Recent data on inflation and job growth may prompt the Federal Reserve to reconsider its plans for interest rate cuts in the near future.
A Florida man has filed a lawsuit against General Motors (G.M.) and LexisNexis over the sale of his Cadillac data, claiming that his personal information was distributed without his consent.
Stocks surged on Wednesday as investors digested the latest inflation data. The S&P 500 gained 1.2% while the Nasdaq jumped 1.5%. Technology stocks led the way, with Oracle’s positive earnings report boosting the market.
Bank of Japan Governor Haruhiko Kuroda stated on Monday that Japan’s economy is recovering moderately despite some weakness in recent data.
According to a post on a hacker forum, UnitedHealth Group allegedly paid a $22 million ransom to regain access to their encrypted data. The hacker claimed that the healthcare company succumbed to the demands in order to avoid further complications.
According to recent blockchain data, the recent rally in Bitcoin has left more than 97% of addresses in profit. This marks a significant milestone for the leading cryptocurrency, as it continues to gain momentum amidst a challenging economic climate.
