New Era For Tech Regulation📱 RTO CC 📈 TEP VKTX 📉

FlowBank's hand-curated fresh financial news [header_noDither] A New Era for Big Tech Regulation The EU's Digital Markets Act, enforceable as of Thursday, marks a significant shift in regulating Big Tech, focusing on promoting fair competition and curbing anti-competitive practices. Primarily targeting U.S. tech giants, the law mandates changes like non-preferential treatment of their services, interoperability of messaging apps, and the allowance of alternative app stores on platforms. This legislation not only aims to reshape the operational dynamics of major tech companies but also intends to enhance consumer choices and privacy within the EU. WHAT'S MOVING [Group 1742 (43)-1] [Start Trading](113/cXx8Z04/VW_hvn5FbWvBW25zJX17f7CV2W89-nNw5bpGW9N6L2Zrs2-ZVTW6N1vHY6lZ3nBW4x-yZ13TwlNKN1brw9zLxwkBW431qGq4RFVkRVjzhPL7JWd9GVsy5CY74p1B-W7KjKP36rVq_DW1-cCPD5jLSLLW3HT89145nBtvW2g40NL2ZjCbXW9c0nTM8d7XBBW4QKSs06z_4-DVskBg629lk0xW2FNcZd6TnrC_N8KkxSntsrTNW1q0c3B84xjW8W96y1vV1NfM34W8XZQ5L5r0ZkvV8WRy13434XZW41d4h_7KGMCxW9fX0LG2PMnBzN6Gk45_3MLSpW4KM9kd32q5mJf1ZkgF-04) [Group 3 (43)-1] TikTok A House panel votes unanimously to push TikTok towards a U.S. split from ByteDance, citing security risks. Amidst free speech concerns, the move gets bipartisan backing and President Biden's nod, sparking a user-led protest against the crackdown. [Group 1752 (34)] Rivian Rivian surges 13%, unveils three EVs including a $45,000 R2 model, and saves $2.25 billion by halting a Georgia plant project. [Group 1750 (43)] GAP Gap CEO Richard Dickson details brand's revival post-earnings beat, with revenue hitting $4.3 billion. Strategy focuses on trend-led fashion and partnerships, like hiring Zac Posen for Old Navy, aiming for a blend of fun, entertainment, and cultural relevance. WHAT'S COMING UP? USD: Average Hourly Earnings (MoM) (Feb): Exp. 0.2% v Prev. 0.6% USD: Nonfarm Payrolls (Feb): Exp. 198K v Prev. 353K USD: Unemployment Rate (Feb): Exp. 3.7% v Prev. 3.7% IN OTHER NEWS Wall Street S&P 500 futures hovered around the break-even point Thursday evening, dipping by 0.06%, with Dow futures down 33 points (0.08%) and Nasdaq 100 futures falling roughly 0.3%, as traders awaited February's jobs data. [Group 1769] Europe European markets ended Thursday on a high, with the Stoxx 600 up 1.05% to 503.45, surpassing 500 points amid optimism from the ECB's revised 2024 inflation outlook, revitalizing the year's rally. MARKET INSIGHTS Forex Trading Weekly Outlook: Eyes On ECB Meeting, Powell’s Testimony Ahead Of US Jobs Data Currency markets are gearing up for a crucial week marked by a flurry of economic events that could spark substantial fluctuations. [Read more](113/cXx8Z04/VW_hvn5FbWvBW25zJX17f7CV2W89-nNw5bpGW9N6L2ZqT2-ZVTW5BW0B06lZ3nGW4x-K7317rZCQW6FsPX02GSFJRW6QvL4V2ZPgGtW70JLPJ42CCPvW8Y_L-b1gk1QGW8glcnR20_DW6W1qyCf37H3pLvW5b71Td2v8mKGW97VQSz6kNFFFW4gV68t58RdhDVvdC_C77HdyxW76hYDg1v0Jq-W6NBKFq56T1MtW7yghyL2h9QK7W1QXBhR8Ym7QWW13YJJ71ZxfB5W3R1Lkq5dCgqxN4_17d6ffB_Jf2BXvMC04) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. 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