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US Stocks Back In Free Fall Despite Trump Tariff Pause
Wall Street stocks were back in free fall Thursday after the prior session's mammoth rally as markets gyrated amid rising worries about a US trade war and US recession.
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Bitcoin Falls Below $80,000 For 1st Time In 3 Months
Bitcoin sank below $80,000 on Friday for the first time in more than three months as a sell-off in the cryptocurrency sector gathered pace amid volatility in global markets.
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Opinion | Don't Catch a Falling Knife: Message From The Market Correction
Until there is more clarity on positive developments or limited negative outcomes, investors may be better off booking some profits on their equity investments. As the adage goes, "Don't try to catch a falling knife".
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Gold, Bitcoin Hit Lifetime High But Stock Markets Fall
Gold prices and bitcoin hit all-time highs Tuesday but stock markets were mostly lower as investors await fresh signals about the direction of interest rates.
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Nvidia Profits Jump To $12.3 Billion Amid Demand For Its Technology To Power AI
Global stock markets rallied Thursday as investors cheered bumper profits from US chip giant Nvidia, seen as the bellwether for artificial intelligence, with records falling in Asia, Europe, and North America.
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Two-Thirds Of Global Car Sales Could Be EVs By 2030: Report
Spurred by falling battery prices, electric vehicles could hit price parity with fossil-fuel models in Europe in 2024 and the U.S. market in 2026, and account for two thirds of global car sales by 2030, according to new research.
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Meta Launches Twitter's Competitor - Threads. How To Download And Sign Up
Meta has officially launched Threads. This social network platform is in the market to compete with Elon Musk's Twitter. Though Threads is a new app, it falls under the branding and structure of Instagram, allowing users to log in easily and find the
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Lenovo Quarterly Revenue Falls 24 Percent as PC Demand Continues to Slump
China's Lenovo Group on Wednesday reported a 24 percent fall in revenue for the January-March quarter, meeting market expectations, as demand for personal computers (PCs) continued to slump.
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Bitcoin, Ether Prices Continue Upward Trend as Some Altcoins' Values Fall Amid Month-End Volatility
The overall crypto market rose by one percent over the last 24 hours. While BTC and ETH rallied with gains, Cardano, Ripple, and Solana recorded losses. Industry experts estimate that the crypto market will only swell in time with voters around the world, expected to bring in pro-crypto leaders.
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Silicon Valley Bank Collapses, Biggest Banking Failure Since 2008: 10 Facts
Silicon Valley Bank, known for lending money to some of the biggest technology startups, collapsed on Friday sending investors and depositors into a frenzy. The closure has also resulted in global markets falling sharply today.
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India's Sugar Output Set To Fall 7%, Could Limit Exports
Lower sugar exports from India, also the world's second-biggest exporter, could lift global prices and allow rivals Brazil and Thailand to increase their shipments.
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Paytm Shares' 75% Plunge Is World's Worst In Decade Among Large IPOs
Paytm has capped the worst first-year share plunge among large IPOs over the past decade -- and the pain is worsening.
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EA Lowers Annual Booking Forecast for 2022 Amid Decades-High Inflation, Strong Dollar
Electronic Arts has lowered its annual bookings forecast, amid the rising dollar and a fall in demand for games during the ongoing coronavirus pandemic. While research suggests that the gaming market is expected to grow just 2 percent in 2022, Apex Legends creator EA had no major releases in the first three quarters of 2022, until FIFA 23 was launc...
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Output Of Apple iPhones Could Fall 30% As Covid Restrictions Hit Major China Plant: Report
Production of Apple Inc's iPhones could slump by as much as 30% at one of the world's biggest factories next month due to tightening COVID-19 curbs in China, a person with direct knowledge of the matter said on Monday.
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Meta Is On Brink Of Falling Out Of Top 20 Biggest US Stocks
Meta Platforms Inc. shareholders are paying dearly for its spending on the metaverse: The Facebook parent's market value has collapsed by a whopping $520 billion in the past year.
-
US Stocks Back In Free Fall Despite Trump Tariff Pause
Wall Street stocks were back in free fall Thursday after the prior session's mammoth rally as markets gyrated amid rising worries about a US trade war and US recession.
-
Bitcoin Falls Below $80,000 For 1st Time In 3 Months
Bitcoin sank below $80,000 on Friday for the first time in more than three months as a sell-off in the cryptocurrency sector gathered pace amid volatility in global markets.
-
Opinion | Don't Catch a Falling Knife: Message From The Market Correction
Until there is more clarity on positive developments or limited negative outcomes, investors may be better off booking some profits on their equity investments. As the adage goes, "Don't try to catch a falling knife".
-
Gold, Bitcoin Hit Lifetime High But Stock Markets Fall
Gold prices and bitcoin hit all-time highs Tuesday but stock markets were mostly lower as investors await fresh signals about the direction of interest rates.
-
Nvidia Profits Jump To $12.3 Billion Amid Demand For Its Technology To Power AI
Global stock markets rallied Thursday as investors cheered bumper profits from US chip giant Nvidia, seen as the bellwether for artificial intelligence, with records falling in Asia, Europe, and North America.
-
Two-Thirds Of Global Car Sales Could Be EVs By 2030: Report
Spurred by falling battery prices, electric vehicles could hit price parity with fossil-fuel models in Europe in 2024 and the U.S. market in 2026, and account for two thirds of global car sales by 2030, according to new research.
-
Meta Launches Twitter's Competitor - Threads. How To Download And Sign Up
Meta has officially launched Threads. This social network platform is in the market to compete with Elon Musk's Twitter. Though Threads is a new app, it falls under the branding and structure of Instagram, allowing users to log in easily and find the
-
Lenovo Quarterly Revenue Falls 24 Percent as PC Demand Continues to Slump
China's Lenovo Group on Wednesday reported a 24 percent fall in revenue for the January-March quarter, meeting market expectations, as demand for personal computers (PCs) continued to slump.
-
Bitcoin, Ether Prices Continue Upward Trend as Some Altcoins' Values Fall Amid Month-End Volatility
The overall crypto market rose by one percent over the last 24 hours. While BTC and ETH rallied with gains, Cardano, Ripple, and Solana recorded losses. Industry experts estimate that the crypto market will only swell in time with voters around the world, expected to bring in pro-crypto leaders.
-
Silicon Valley Bank Collapses, Biggest Banking Failure Since 2008: 10 Facts
Silicon Valley Bank, known for lending money to some of the biggest technology startups, collapsed on Friday sending investors and depositors into a frenzy. The closure has also resulted in global markets falling sharply today.
-
India's Sugar Output Set To Fall 7%, Could Limit Exports
Lower sugar exports from India, also the world's second-biggest exporter, could lift global prices and allow rivals Brazil and Thailand to increase their shipments.
-
Paytm Shares' 75% Plunge Is World's Worst In Decade Among Large IPOs
Paytm has capped the worst first-year share plunge among large IPOs over the past decade -- and the pain is worsening.
-
EA Lowers Annual Booking Forecast for 2022 Amid Decades-High Inflation, Strong Dollar
Electronic Arts has lowered its annual bookings forecast, amid the rising dollar and a fall in demand for games during the ongoing coronavirus pandemic. While research suggests that the gaming market is expected to grow just 2 percent in 2022, Apex Legends creator EA had no major releases in the first three quarters of 2022, until FIFA 23 was launc...
-
Output Of Apple iPhones Could Fall 30% As Covid Restrictions Hit Major China Plant: Report
Production of Apple Inc's iPhones could slump by as much as 30% at one of the world's biggest factories next month due to tightening COVID-19 curbs in China, a person with direct knowledge of the matter said on Monday.
-
Meta Is On Brink Of Falling Out Of Top 20 Biggest US Stocks
Meta Platforms Inc. shareholders are paying dearly for its spending on the metaverse: The Facebook parent's market value has collapsed by a whopping $520 billion in the past year.
