March 15, 2024

S&P 500 and Nasdaq Experience Declines, US Stocks Witnessed Notable Fluctuations

Key Points: S&P 500, Nasdaq 100, and Dow 30 experienced declines, with the S&P 500 dropping by 0.77%, the Nasdaq 100 by 1.37%, and Dow 30 by 0.66%. NVIDIA Corporation (NVDA) recorded a modest increase of 1.14%; meanwhile, Advanced Micro Devices, Inc. (AMD) surged by 3.14%. Microsoft Corporation (MSFT) and Apple Inc. (AAPL) faced declines, dropping by 2.68% and 1.34%, respectively. Tesla, Inc. (TSLA) decreased by 0.33%. Geron Corporation (GERN) and Cardlytics, Inc. (CDLX) were among the top gainers, while Groupon, Inc. (GRPN) led the decliners. Major stock indices saw mixed performances on a day marked by volatility, while individual...

Latest March 15, 2024

Apple Agrees to $490 Million Settlement in Shareholder Lawsuit

Key Points: Apple agrees to pay $490 million to settle a class-action lawsuit alleging Tim Cook misled shareholders about iPhone demand in China. The lawsuit originated from Apple's announcement in January 2019 that it would slash quarterly revenue forecasts due to escalating U.S.-China trade tensions. Tim Cook's reassurances about China's sales outlook were challenged, leading to a significant drop in Apple's stock value. Apple's share...

How to Conduct Due Diligence on Technology Vendors: A Comprehensive Guide

In the fast-paced world of technology, choosing the right vendor is critical for organizations seeking to implement new solutions or enhance existing systems. Conducting due diligence on technology vendors is a meticulous process that involves thorough research and evaluation. This article is a comprehensive guide, offering insights and strategies to conduct due diligence on technology vendors effectively. Understanding the Importance of Vendor Due Diligence Before...

Advertisers Prepare Contingency Plans Amid Uncertainty Over TikTok’s Future

Key Points: House Republicans pass a bill mandating ByteDance to sell TikTok within six months or face a ban, pending Senate action. Advertisers prepare contingency plans, considering potential shifts to Meta's Reels and YouTube's Shorts in case of a TikTok ban. Despite the uncertainty, some firms advise maintaining a "business as usual" approach to TikTok, given its resilience in past regulatory challenges. TikTok vows to...

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