Following the Federal Reserve's interest rate cut, tech stocks had a slightly delayed rally but jumped on Thursday, with the Nasdaq climbing 2.5%.
The company's Slack server was hacked in July, leading to more than a terabyte of company data being leaked to the public.
Following the Federal Reserve's interest rate cut, tech stocks had a slightly delayed rally but jumped on Thursday, with the Nasdaq climbing 2.5%.
Nike CEO John Donahoe will retire from the company in October. He will be replaced by company veteran Elliott Hill.
Thursday's relief rally notwithstanding, a turbulent period probably awaits investors as the year winds down.
A deadline of Oct. 1 for a new deal between port workers and ownership is approaching, and after talks broke down during the summer, tensions
