(Reuters) -Social media platform X went down for nearly 12,000 users on Monday, which owner Elon Musk said was the result of a cyberattack."There was (still is) a massive cyberattack against X. We get attacked every day, but this was done with a lot of resources. Either a large, coordinated group and/or a country is involved," Musk said in a post on the platform.A source in the internet infrastruc ...
As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Tuesday, March 11, 2025. The spotlight will be on the JOLTs Job Openings report, which provides valuable insights into the labor market’s health and potential implications for monetary policy.Major Economic Events to Watch• 10:0 ...
Earnings season continues, with several notable companies set to report their financial results on Tuesday, March 11, 2025. Leading the action are Ciena (NYSE:CIEN), Dick’s Sporting Goods (NYSE:DKS), and Ferguson, along with a diverse array of firms from various sectors. Let’s take a closer look at what to expect from these upcoming earnings reports.Earnings Before the Open:• Ciena (CIEN): ...
By Jonathan StempelNEW YORK (Reuters) -Wells Fargo sued JPMorgan Chase (NYSE:JPM) on Monday to recover losses for investors in a $481 million commercial real estate loan that was allegedly based on a fraudulently inflated financial metric.The lawsuit pits the fourth-largest U.S. bank against the largest, with Wells Fargo accusing JPMorgan of turning a blind eye during due diligence in pursuit of m ...