Wall Street Stays Stagnant - Strength of the US Labor Market Boosts Rate Hopes - Bitcoin Loses - Japanese Yen Gains - DAX Approaching 24,000 Point Mark - Meta Cuts in Metaverse - Micron Focuses on AI Memory Chips - UiPath Successfully Develops into a Platform for Agent-Based Automation
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US Markets Remain Mostly Unchanged - Meta Rises on Budget Cuts in the Metaverse Sector After a strong recovery of tech giants, US markets show little movement. Meta Platforms stands out with a price jump of 4%. According to media reports, Meta is considering budget cuts of up to 30% in the Metaverse sector – a signal for stricter cost control and higher profitability. In the bond markets, Treasuries are declining, while the dollar fluctuates. Labor Market Data Supports Rate Cut Hopes The US labor market shows surprising strength despite...
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