Shares of expertise corporations fell sharply as merchants braced for an additional leg down in digital-currency markets and Chinese language financial exercise.
Shares of Apple fell sharply after Bloomberg reported unrest round Foxconn’s contract manufacturing facility in Zhengzhou could trigger a manufacturing shortfall this yr of as many as 6 million Apple iPhone Execs.
Cryptocurrency lender BlockFi filed for chapter, changing into the most recent domino to fall in a collection of high-profile crypto failures. BlockFi had halted consumer withdrawals earlier this month after warning that it had important publicity to collapsed change FTX.
Irish regulator the Information Safety Fee fined Fb proprietor Meta Platforms about $276 million for failing to adequately safeguard greater than half a billion customers’ telephone numbers and different info from so-called information scrapers.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
11-28-22 1712ET
