EUR/USD 1.13699
0.004%
Gold 4085.64
0.789%
Oil 81.555
-7.893%
USD/JPY 163.724
-0.076%
GBP/USD 1.32922
-0.215%
GBP/JPY 217.630
-0.290%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
British Prime Minister Burnham appointed Bridget Philipson as leader of the Labour Party.July 28th - The number of software security vulnerabilities discovered in popular tech products in 2026 is projected to be roughly double the number discovered in 2025, a surge largely attributed to the increasing capabilities of artificial intelligence systems. The U.S. National Vulnerability Database shows that 45,207 vulnerabilities were recorded from January to this Monday, a figure approaching the total for the entire year of 2025. Last year, the database recorded a record high number of vulnerabilities. Oracle (ORCL.N) stated that its July monthly software update fixed 1,449 security vulnerabilities, a record high; compared to only 309 fixes in the same period last year. Microsoft (MSFT.O) disclosed 642 security vulnerabilities in July, also a record high, almost five times the number from the same period last year. Google (GOOG.O) discovered and fixed 433 such vulnerabilities in its most recent Chrome browser update, compared to only 11 in a similar update a year ago. "We must face the fact that these tools are enhancing peoples ability to discover software vulnerabilities," said Gabriel Shapiro, a distinguished AI research scientist at cybersecurity company SentinelOne. Doug Turner, Google Chrome Engineering Director, said that vulnerabilities are being discovered "on an unprecedented scale and at an unprecedented speed," thanks to advancements in AI models and corresponding investments.US President Trump: The impact of tariffs on General Motors (GM.N) is truly staggering.As of the 2:30 closing bell, the main Shanghai gold futures contract closed down 0.18% at 891 yuan/gram, the main Shanghai silver futures contract closed down 0.72% at 14,322 yuan/kilogram, and the main SC crude oil futures contract closed down 4.50% at 540 yuan/barrel.As of the 2:30 closing bell, the main Shanghai gold futures contract fell 0.18%, the main Shanghai silver futures contract fell 0.72%, and the main SC crude oil futures contract fell 4.50%.

S&P 500 Rebounds From Session Lows As Energy Stocks Rally

Jimmy Khan

Nov 04, 2022 16:57

微信截图_20221104163926.png


As major tech companies hit new lows, the NASDAQ Composite seeks to settle below the 10,700 mark.

Big Tech Stocks Continue to Be Under Stress

As traders responded to the ISM Non-Manufacturing PMI data, which fell short of analyst forecasts, the S&P 500 recovered from session lows.


Energy stocks took the lead in the recovery from session lows today due to robust support. In today's trading session, ConocoPhillips, APA Corporation, and Marathon Oil all saw gains of 6–7%.


ConocoPhillips had significant price appreciation after exceeding analyst expectations, boosting the dividend, and expanding its share repurchase program by $20 billion.


Despite missing analyst profit expectations, Etsy increased by 14%. The firm gave a positive prognosis for the last quarter of this year, which caused the stock to rise.


Booking increased by 5% with the release of the $6.05 billion in sales and the higher-than-expected adjusted profits of $53.03 per share.


Fidelity National Information Services, which was down 25% following the publication of its quarterly report, was under a lot of pressure due to weak guidance.


Leading tech companies including Apple, Alphabet, and Amazon had declines of 2% to 3%. Meta Platforms, meanwhile, tested fresh lows at $88.50.


If the mega cap companies continue to experience pressure, the whole market will not be able to develop a sustained upward trend. Traders are nonetheless concerned that rising interest rates may harm the bottom lines of powerful corporations.


While the IT industry leaders seemed unstoppable during the coronavirus crisis, their stocks were under a lot of pressure from rising interest rates, a stronger currency, and a slowing global economy. Traders should continue to watch the large tech stocks' movements for hints regarding the S&P 500's future course.

Suggestion