plunges

Dow Jones plunges 480 points as investors fear Fed rate hike through 2023

Dow Jones plunges 480 points as investors fear Fed rate hike through 2023

Dow Jones futures were higher ahead of Tuesday’s open after the Dow Jones Industrial Average sold more than 480 points on Monday. Tesla stock plunged after several reports announced that Tesla plans to cut production of electric vehicles in China as demand appears to be weakening. X The electric vehicle giant has refuted the reports, …

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Rackspace stock plunges as courier outage caused by 'security incident' persists

Rackspace stock plunges as courier outage caused by ‘security incident’ persists

As an outage in courier services provided by Rackspace Technology Inc. stretched into a fourth day on Monday, customers had questions, but the San Antonio company didn’t offer many answers. This has left some to fend for themselves as they look for other ways to communicate with customers and conduct business. Others have complained of …

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