Coverage of Wednesday’s World Cup semifinal between France and Morocco on TV streaming service FuboTV Inc. FUBO was disrupted by a cyber attack, the company has confirmed. In a statement released Thursday FuboTV said that, during Wednesday’s live coverage of the game, many customers experienced issues accessing their accounts. “The incident was not related to
Daily Trade
Short-end bond yields edged higher Thursday, as the U.S. dollar moved more forcefully in response to the hawkish message coming from the Federal Reserve. What’s happening What’s driving market The action in bonds didn’t match the volatility seen in stocks ES00 and the U.S. dollar DXY following the Fed’s decision to lift rates by a
Another day, another leg lower for Tesla Inc. stock, which on Wednesday ended less than $10 from trading under $150 and went the opposite direction of the broader equity markets. Tesla TSLA stock fell 2.6% to end at $158.60. The stock has traded around two-year lows in recent sessions, and Wednesday’s decline brought it to
You don’t need to be a math whiz to understand that when you get a 5.9% raise, but inflation exceeds that, that you’re going to lose ground. That, in a nutshell, explains the problem that millions of Social Security recipients have encountered this year. Essentials like food, heating oil and natural gas, for example, have
Robinhood Markets Inc.’s turnaround efforts are likely to grate up against the implosion of crypto exchange FTX and the broader cryptocurrency market, one analyst said late Monday, shortly before the U.S. charged FTX founder Sam Bankman-Fried with multiple counts of fraud. That analyst, Citigroup’s Christopher Allen, downgraded Robinhood HOOD, -2.40% to neutral from buy and
The 2023 Mercedes-AMG S 63 E Performance combines the opulence of an S-Class with Formula One-derived electric performance boosts Mercedes has not disclosed pricing. We expect it to start as high as $200,000 Superluxury cars like the Mercedes-Benz S-Class are a little absurd. For a price starting at $111,100, the top-of-the-line Mercedes sedan has virtually every technology
Ticketmaster says it is giving some Taylor Swift fans another opportunity to score tickets to her upcoming Eras Tour after millions of fans ran up against technical difficulties last month when they initially went on sale. A certain number of “Verified Fans” who missed out on the first ticket-sale debacle were notified by email on
Electric vehicle maker Rivian Automotive on Monday said it won’t go forward with a plan to make electric vans in Europe with Mercedes-Benz, just three months after agreeing to the pact. “As we evaluate growth opportunities, we pursue the best risk-adjusted returns on our capital investments. At this point in time, we believe focusing on
Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us whether you think she’s right in the comments. And please share your suggestions for future Financial Face-off columns by emailing our columnist at [email protected]. The face-off It’s the time of year
Grant Wahl, a well-known sports journalist, who was on location covering the Qatar World Cup died at 48 of what medics on the scene described as cardiac arrest while covering a quarterfinal contest between Argentina and Netherlands on Friday, according to reports. In a statement late Friday, U.S. Soccer Federation said that the entire U.S.
OK, so a million dollars isn’t what it used to be. But is it really not enough to give you a secure retirement? That’s the worry among a surprising number of America’s millionaires. So, at least, reports money-management giant Natixis, which owns bond shop Loomis Sayles, among other firms. Natixis polled around 1,600 people with
According to the perma-bulls, Netflix (NASDAQ:NFLX) made a brilliant move in adding commercial-supported membership tiers recently. However, NFLX stock is still far from a real recovery, and Netflix management’s latest ideas aren’t a guarantee of success. Even the much-touted ad-supported service strategy could backfire. People sometimes call Netflix the streaming king, but this is now a
As Elon Musk clears Twitter Inc.’s conference rooms to install beds for his workers, he is looking to make a buck on the office equipment that is no longer needed. Auction site Heritage Global Inc. HGBL, +7.95% has listed 241 items for an auction set to occur on Jan. 17 and 18 dubbed “Twitter: Online
Streaming stocks and the surrounding industry is learning what those of us on the printed web learned over 20 years ago. In a world of unlimited content, the limiting factor is time. The hope was that the cable packages of the past might be resurrected online, consumers paying just as much as they formerly did,
WASHINGTON — Federal prosecutors urged a judge in a closed-door hearing Friday to hold Donald Trump’s legal team in contempt of court for failing to fully turn over all classified documents in the former president’s possession, a person familiar with the matter said. Justice Department lawyers made the request of U.S. District Judge Beryl Howell
Associated British Foods PLC said Friday that it backed its full-year outlook, but that it was mindful of further significant input cost inflation. The British conglomerate ABF, -0.27% said its clothes store Primark has been performing encouragingly and that it is on track to open 27 new stores in the year. “For the full year,
Tech stocks, especially those trading at high valuations, have plunged significantly this year amid a challenging macro environment. Recent remarks by Federal Reserve Chair Jerome Powell about slowing down the pace of rate hikes provided some relief to investors. However, Powell cautioned that the monetary policy could stay restrictive until there are signs of inflation
U.S. bond yields rose on Thursday, with the 10-year rate jumping to almost 3.5%, as investors turned their attention to Friday’s producer-price index for November. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.320% advanced 5.6 basis points to 4.312% from 4.256% on Wednesday. The yield on the 10-year Treasury TMUBMUSD10Y, 3.484% rose 8.5
Gold is so far on track to post a loss for the year — and the precious metal’s performance in 2023 will greatly hinge on where the global economy is headed, according to a report from the World Gold Council released on Thursday. Gold futures on Comex GC00, -0.13% GCG23, -0.13% have seen a
Oil prices ended lower on Wednesday, with U.S. prices down 3% despite government data showing domestic supplies of crude oil fell by more than 5 million barrels last week, down a fourth week in row. Domestic gasoline and distillate inventories each saw a sharp weekly climbs, prompting futures prices for petroleum products to lead losses