Netflix (NFLX) reports Q2 earnings after the bell on Tuesday — and investors are bracing for impact. The streaming giant said it expects to report a loss of 2 million subscribers for the second quarte...
Tag: Bad
Celsius bankruptcy filing blames billion-dollar hole on rapid growth and bad bets
Celsius Network has filed for Chapter 11 bankruptcy protection in the Southern District of New York, and in the process lifted the lid on a mammoth $1.2 billion hole in its finances. According to the ...
TSMC’s great quarter is bad news for semiconductor supply chains — Quartz
TSMC, the world’s largest semiconductor manufacturer, reported another quarter of record profits, booming sales, and high margins. On a July 14 earnings call, executives predicted the hot streak will ...
JPMorgan CEO Dimon sums up U.S. economy in one paragraph — and it sounds bad
Jamie Dimon, chief executive officer of JPMorgan Chase & Co. Christophe Morin | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon on Thursday summarized the state of the U.S. economy in one ...
Runaway inflation a bad look for both Trump and Biden
Incredibly, but also predictably, inflation has hit a fresh 40-year high of 9.1% following this morning’s CPI report. Looking historically, the run-up in inflation since COVID has been meteoric, now h...
Stock market faces inflation test Wednesday: Here are ‘good, bad and ugly’ scenarios
Expectation for U.S. inflation have fallen over the past month thanks largely to the drop in industrial and agricultural commodity prices. This trend has shown up in the Federal Reserve Bank of New Yo...
Surging Dollar Is Bad New For Stocks—History Shows Markets Won’t Recover Until Greenback Falls
Topline Fears of global recession have helped the dollar skyrocket in value this year, allowing it reach parity with the euro for the first time in 20 years, and while the strength should help foreign...
Bitcoin’s Correlation with Nasdaq Keeps Increasing; Here’s Why It’s Bad News
Alex Dovbnya Bitcoin’s ever-increasing correlation with tech stock has delegitimized the “digital gold” narrative According to a chart posted by CNBC’s Dominic Chu, BitcoinR...
Ford Having Some Really Bad Luck With Its Vehicles
Ford Motor Co. (F) – Get Ford Motor Company Report would probably like to hide under the hood of its vehicles lately, but that might not be such a good idea with the all bad luck the automaker ...
Here’s how bad inflation is in different countries around the world right now
American consumers have been plagued by soaring costs for everything from gas to used cars for over a year now. In May, inflation in the U.S. touched a fresh four-decade high, leading a majority of Am...
Car Repos Are Exploding. That’s a Bad Omen.
The jobs report and minutes from the Federal Reserve’s June meeting were the economic highlights of the week, but they are, respectively, a lagging indicator and old news. This column instead digs int...
S&P 500: Feel Bad About Your Portfolio’s Losers? Hope You Didn’t Buy These
It’s been a rough six months for most S&P 500 investors. But if you think that’s bad, try owning a money-losing stock for a decade — it’s not as unusual as you might think. X Nea...
Powers On… Summer musings after two particularly bad months in cryptoland – Cointelegraph Magazine
This column’s goal has never been to provide investment advice on cryptocurrencies or other digital assets, nor has it been to provide individualized legal advice. It has mostly been about my desire t...
Inflation is so bad in Zimbabwe that the country is now issuing gold coins to its citizens
As a global inflationary wave continues to send costs soaring for everything from fuel to groceries, some governments are getting creative in reining in prices. Zimbabwe, a country of less than 15 mil...
There’s A Huge ‘Breaking Bad’ Problem That ‘Better Call Saul’ Needs To Fix In Season 6
Better Call Saul Credit: AMC Breaking Bad and Better Call Saul are two of my all-time favorite TV shows. Breaking Bad remains an essential instruction manual in how to write compelling characters by p...
Proposed Bitcoin Mining Ban Is a Bad Idea
New York City Mayor Eric Adams is right – the bitcoin mining moratorium is a bad idea, says Patricia Trompeter, CEO at Sphere 3D. By the time you read this, New York Governor Kathy Hochul may have alr...
The 60-40 portfolio is supposed to protect investors from volatility: so why is it having such a bad year?
The first half of 2022 has been a historically bad stretch for markets, and the carnage hasn’t been limited to stocks. As stocks and bonds have sold off in tandem, investors who for years have relied ...
JPMorgan Claims Things Aren’t Looking That Bad for Crypto
Alex Dovbnya JPMorgan claims that deleveraging fears are overblown as Bitcoin drops below $19,000 Contents Responsibility to step in Is Bitcoin undervalued? In a recent note, banking giant JPMorgan cl...
FTX Exchange Walked Out on Celsius’s Bailout Amidst Bad Finances
FTX Derivatives Exchange was reportedly amongst the deep-pocket investors that showed interest in coming to the aid of embattled crypto lender Celsius Network but walked away after getting the full de...
‘A horror story’. These 3 charts show just how historically bad markets performed in the first half of 2022
Stocks, corporate debt, sovereign bonds, cryptocurrencies—there was no safety for investors in the first half of 2022. Nearly every asset class finished deep in the red as a perfect storm of runaway i...
Rap Star Snoop Dogg Believes Crypto Industry Will Bounce Back — Crash ‘Weeded’ Out Bad Apples – Bitcoin News
This week, the rapper Snoop Dogg spoke about the crypto crash in an interview with CNBC on Tuesday and explained that he believes the cryptocurrency economy will bounce back. Snoop said that he feels ...
Crypto Warning From Within: Billionaire Says More Bad News Ahead
The list of damage is growing every day. The crypto market has lost more than $2.1 trillion since its November high, according to data from the firm CoinGecko. Bitcoin, the most popular digital curre...
AMD Victim of a Bad Blow at a Very Bad Time
The list of difficulties for Advanced Micro Devices (AMD) (AMD) – Get Advanced Micro Devices Inc. Report goes on. And it must be said that the semiconductor manufacturer did not need that. In...
CoinFLEX recovery plan includes tokenized bad debt and more yields
Crypto investment platform CoinFLEX aims to rectify its liquidity shortage and restart user withdrawals by selling off bad debt through a new $47 million token offering. The new token is known as Reco...
Meadows Warned January 6 Could Be ‘Real Bad’ Days Before Riot, Aide Says
Topline White House officials privately expressed concerns about plans for a rally during the certification of election results on January 6, 2021, former White House aide Cassidy Hutchinson told the ...
CoinFLEX Halted Crypto Withdrawals. Now It Wants to Sell Its Bad Debt
Key Takeaways CoinFLEX plans to raise $47 million by tokenizing its bad debt and selling it to non-U.S. sophisticated investors. The new token, dubbed “Recovery Value USD” (rvUSD), would y...
Some Bad News About John Krasinski As Reed Richards In ‘Multiverse Of Madness’
Reed Richards Marvel Even though it leaked out ahead of time, fans were thrilled to see former Office star-turned-Quiet Place director John Krasinski appear as Reed Richards, aka Mr. Fantastic in Doct...
Crypto Reacts To The NFT NYC Conference: The Bad And The Ugly
This is the slightly negative part of Bitcoinists NFT NYC report. For an intro, and the positive side of the event click here. Since we will quote this CNBC report later on, let’s paint a picture of t...
Ethereum price breaks out as ‘bad news is good news’ for stocks
Ethereum’s native token, Ether (ETH), gained alongside riskier assets as investors assessed weak U.S. economic data and its potential to cool down rate hike fears. Ether mirrors risk-on recovery...
‘Bad’ crypto projects should not be bailed out says Binance founder CZ
Binance founder and CEO Changpeng “CZ” Zhao argues that “bad” crypto projects should be left to fail and not receive bailouts from crypto firms with healthy cash reserves. In a Thursday blog post, CZ ...