February 28, 2024

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U.S. Stock Market Major Indices Reflect Marginal Decrease

Key Points: S&P 500, Nasdaq 100, and Dow 30 navigate a landscape of nuanced changes, indicating a marginal decrease. There are significant surges for Vivani Medical, Inc. and Adial Pharmaceuticals, Inc., while Wetouch Technology, Inc. faces a substantial decline. Currency...

Latest February 28, 2024

US Q4 2023 GDP Growth Confirmed at 3.2%, Showing Signs of Moderation in Early 2024

Key Points: U.S. fourth-quarter GDP growth was confirmed at 3.2%, slightly down from the initially reported 3.3%. Inflation remains relatively mild, with a slight upward revision from previous estimates. Signs of economic moderation in early 2024 were indicated by declines in retail sales, housing starts, and factory production. Financial markets anticipate Federal Reserve interest rate...

US President Biden to Issue Executive Order Protecting Americans’ Sensitive Data

Key Points: President Biden's Executive Order aims to protect Americans' sensitive personal data from exploitation by countries of concern. The Order authorizes the Attorney General to prevent large-scale data transfers and establishes regulations for data protection. Government departments will collaborate to safeguard sensitive government-related data and set high-security standards. President Biden urges Congress to pass...

Starlink Offers a 50% Discount in Exchange for Slower Speeds in New Zealand

Key Points: SpaceX introduces a "Deprioritized Plan" for Starlink in New Zealand with a 50% discount. Users opting for the Deprioritized plan experience slightly slower speeds ranging from 50-100Mbps. The standard plan costs NZ$159 (US$98) monthly, while the Deprioritized plan is offered at NZ$79 (US$48). The standard service will be prioritized during peak hours, with...