Chip glut batters semiconductor industry as Intel shares lose almost all their 2023 gains after dismal earnings

The cooling of the semiconductor market is happening faster—and proving colder—than companies might have expected, as chip firms across the board face a tougher market due to a combination of excess i...

Storm Batters Northern California—Piers Collapse Amid Widespread Flooding

Topline A “brutal” storm system battered northern California this week, killing at least two people and causing significant flooding and erosion, as a band of heavy rain and wind gusts upwards of 100 ...

Record Snowfall And 2 Million Without Power As Elliott Batters States

Topline Winter Storm Elliott ravaged the Midwest and Northeast on Friday and Saturday, canceling flights, causing widespread power outages and breaking record snowfall totals in Buffalo, New York, as ...

Elliott Batters States—2 Million Without Power And Another 1,700 Canceled Flights

Topline Winter Storm Elliott ravaged the Midwest and Northeast on Friday and Saturday, canceling flights and causing widespread power outages, as more than half of the U.S. is placed under winter stor...

‘Once-In-A-Generation’ Storm Batters Midwest And Northeast—1.5 Million Without Power

Topline Winter Storm Elliott ravaged the Midwest and Northeast on Friday, canceling flights and causing widespread power outages, as more than half of the U.S. is placed under winter storm watches, wa...

Heat Batters The Economy, Unanswered Questions About Tesla Semi And Pollution-Killing Houseplants

This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Barges stranded by low water Getty Images...

Cathie Wood’s ARKK tests pandemic low as sell-off batters fund

A meltdown across equity and cryptocurrency markets has dragged the flagship ETF for Cathie Wood’s ARK Invest closer to pandemic-era lows. The ARK Innovation ETF (ARKK) fell 8.8% Monday to $36.5...

Bear Market Looms As ‘Relentless Selling’ Batters Stocks—Not Even Lower Inflation Can Help Now

Topline As the market struggles to brush off some of its worst losses in more than a year, a growing number of experts are warning more stocks could tumble into bear market territory as the Federal Re...

Bitcoin batters longs as liquidations copy May 2021 run to $30,000

Bitcoin (BTC) has dealt significant pain to bulls in recent weeks, and now, fresh data shows just how much. In a tweet on Jan. 10, on-chain analytics firm Glassnode revealed that those longing BTC had...