Other news

The Bank of England plans to raise interest rates by three-quarters to 3% on Thursday, the biggest increase since 1989, as the country struggles with the highest inflation in 40 years.

The U.S. dollar is strengthening due to the Fed's hawkish policy choice. Nevertheless, oil prices remain stagnant due to general supply concerns.

Qualcomm Inc. will continue to provide Apple with modem chips for the majority of the iPhones in 2023. The company expected Apple Inc. to stop using their technology and switch to their own proprietary 5G modem.

On Wednesday, the Chinese government locked down the world's largest iPhone enterprise. The zone surrounding the enterprise was declared closed because of a local coronavirus outbreak.

The U.S. dollar fell slightly on Thursday as investors adjusted to the Federal Reserve’s possible decision to continue raising interest rates further on. On Wednesday, the U.S. central bank raised its benchmark funds rate again by 75 basis points.

Politico reported yesterday that the U.S. Department of Justice will soon start investigating the takeover of Figma by Adobe, which is worth up to $20 billion.

Decreasing production and expectations for higher gas demand have caused natural gas futures in the U.S. to rise.

At the moment, Bitcoin's price fluctuates, but in general it stays above the psychologically-important level of $20,000.

Gold fell on Thursday amid a hawkish stance by Federal Reserve (Fed) Chairman Jerome Powell. The head dispelled market hopes by announcing a further monetary tightening.

Employees of the U.S. social network Twitter will be notified of possible job cuts on Friday. Elon Musk and a team of advisers are considering various options for changes regarding the number of job openings and Twitter's policies. It has also been stated that downsizing terms could change.