February 17, 2024

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Latest February 17, 2024

US Stock Market Bounces Back After Volatility Amid Rate Cut Speculations

Key Points: The stock market experiences a one-day decline following hotter-than-expected CPI data. A Swift rebound was seen over the next two days, with the S&P 500 reaching record highs. Analysts emphasize focusing on the overall economic outlook rather than specific rate-cut numbers. Technical indicators suggest the market remains uptrend, but downside risks persist. The...

Japan’s Successful Launch of H3 Rocket Signals Revival of Space Programme

Key Points: Japan successfully launches the H3 flagship rocket, marking a significant milestone for its space program. H3 rocket aims to replace aging H-IIA and reduce per-launch costs, attracting global clients for future launch orders. The Japanese government plans to launch 20 satellites and probes by 2030 using H3 rockets. Mitsubishi Heavy Industries aims to...

Lawsuit Alleges Activision Blizzard Restricts Competition in Call of Duty Gaming

Key Points: The lawsuit against Activision Blizzard alleges monopolization of the Call of Duty gaming market. Plaintiffs claim Activision's actions restrict competition in Call of Duty leagues and tournaments. Activision denies the allegations and vows to defend itself against the claims. Allegations include Activision imposing restrictive contract provisions on teams and players. A lawsuit has...