(Reuters) -Chinese hackers accessed the networks of U.S. broadband providers and obtained information from systems the federal government uses for court-authorized wiretapping, the Wall Street Journal reported on Saturday. Verizon Communications (NYSE:), AT&T (NYSE:) and Lumen Technologies are among the telecoms companies whose networks were breached by the recently discovered intrusion, the newspaper said, citing people familiar with the matter. The hackers might have held access for months to network infrastructure used by the companies to cooperate with court-authorized U.S. requests for communications data, the Journal said. It said the hackers had also accessed other tranches of internet traffic. China’s…
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(Bloomberg) — The world-beating rally in Chinese stocks is failing to convince many global fund managers and strategists.Most Read from BloombergInvesco Ltd., JPMorgan Asset Management, HSBC Global Private Banking and Wealth, and Nomura Holdings Inc. are among those viewing the recent rebound with skepticism and waiting for Beijing to back up its stimulus pledges with real money. Some are also concerned many stocks are already reaching overvalued levels.Chinese shares have skyrocketed since late-September as a barrage of economic, financial and market-support measures reinvigorated investor confidence. The Hang Seng China Enterprises Index, which comprises Chinese stocks listed in Hong Kong, has…
Company meteorologists closely monitoring the stormCrews preparing for potential impactsST. PETERSBURG, Fla., Oct. 6, 2024 /PRNewswire/ — As Duke Energy (NYSE:) meteorologists track Tropical Storm Milton, the company urges customers to take immediate action and prepare for the approaching storm. The National Hurricane Center expects Milton to strengthen into a major hurricane producing potentially extremely hazardous weather conditions to portions of the company’s Florida service area. Regardless of the hurricane’s intensity, there is a risk of life-threating storm surge for the west coast of Florida and heavy rainfall that will affect the area well ahead of the storm. The impact…
U.Today – Well-known supporter of Max Kaiser recently forecast that over the course of the next six months could lose an additional 90% percent of its value relative to Bitcoin. Some ADA supporters like Cardano Whale have responded humorously speculating that this could result in lucrative purchasing opportunities for ADA. For those investors who are seeking to preserve capital over the long term, Bitcoin is the preferred asset due to its decentralized structure and store of value narrative. Higher liquidity, a strong infrastructure supported by institutional investors and a large network effect are all advantages of Bitcoin. This gives Bitcoin…
Investing.com – Saudi Arabia stocks were lower after the close on Sunday, as losses in the , and sectors led shares lower. At the close in Saudi Arabia, the fell 1.58%. The best performers of the session on the were Al Baha Investment and Development Company SJSC (TADAWUL:), which rose 7.14% or 0.02 points to trade at 0.30 at the close. Meanwhile, United Wire Factories Company (TADAWUL:) added 3.32% or 1.00 points to end at 31.10 and Kingdom Holding Company (TADAWUL:) was up 2.23% or 0.24 points to 10.98 in late trade. The worst performers of the session were Saudi…
A life-size model of the new Marvel Universe movie “Deadpool & Wolverine” authorized by Disney is seen in Shanghai, China, on July 26, 2024.Cfoto | Future Publishing | Getty ImagesHollywood’s franchise frenzy is only just beginning.The 2024 box office has been inundated with sequels, prequels and remakes, with the top 10 titles of the year all coming from existing intellectual property. That trend will continue, and expand, in 2025.The industry’s top studios are returning to familiar characters and settings to drive movie ticket sales, a strategy that is hardly new, but seems to be growing exponentially.Looking at the current 2025…
Most of the time, investors should be aiming to buy stocks on a dip. Why pay more when a little patience (and some short-term market fluctuations) will allow you to get more bang for your buck?There are occasions though, when it makes sense to step into a ticker that’s not only at a high, but outright soaring. Although a pullback may be in the cards at some point in its foreseeable future, the greater risk is waiting, only to see that ticker continue logging gains. The trick, of course, is knowing when those occasions occur.With that as the backdrop, here’s…
Image source: Getty Images With a new government freshly in the box seat and studying an ominous-looking £20bn hole in the deficit, there might be an important question on many British investors’ lips: Are the benefits of one of the world’s great investing vehicles about to come to an end? Is the 25-year run of the Individual Savings Account (ISA) not long for this world? In the most simple terms, is the Stocks and Shares ISA safe? Safe or not? The ISA is certainly a contender for the chopping block. Labour has promised not to touch taxes that would affect…
By Tarek Amara TUNIS (Reuters) -Tunisians began voting on Sunday in an election in which President Kais Saied is seeking a second term, with his main rival suddenly jailed last month and the other candidate heading a minor political party. Tunisia had for years been hailed as the only relative success story of the 2011 “Arab spring” uprisings for introducing a competitive, though flawed, democracy following decades of autocratic rule. However, rights groups now say Saied, in power since 2019, has undone many of those democratic gains while removing institutional and legal checks on his power. Saied, 66, has rejected…
Investing.com — The trajectory of the AI semiconductor ecosystem is marked by an evolving landscape, driven by the burgeoning demand for computational power needed to fuel artificial intelligence advancements. As per analysts at Barclays, the sector stands at a critical juncture as the global appetite for AI-powered solutions, particularly large language models, continues to outpace existing chip supply and performance. The sell-off of AI chip names, like NVIDIA (NASDAQ:), following earnings reports has raised concerns about whether the market has reached its peak. However, Barclays contends that the industry’s future is still rife with growth, propelled by the ever-increasing computational needs…