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...

Intel Profit to Slump, Dismal Forecast Feared

Key Takeaways Intel is expected to post adjusted fourth-quarter EPS of $0.18 on Jan. 26. That would represent a year-over-year drop of 83%, while revenue is expected to drop 30%. The chip maker has be...

What’s ahead for Verizon? After a dismal 2022, it’s time to hear the turnaround plan.

Verizon Communications Inc.’s fourth-quarter results aren’t a big mystery, but the company’s path forward comes with plenty of question marks. Chief Executive Hans Vestberg already disclosed that Veri...

Florida State’s Resurgence A Bright Spot During Largely Dismal 2022 College Football Season In Sunshine State

Florida State coach Mike Norvell raises the trophy after his team’s win against Oklahoma during the … [+] Cheez-It Bowl on Thursday, Dec. 29, 2022, in Orlando, Fla. (AP Photo/Phelan M. Ebe...

Stocks are closing out a dismal 2022 as the Fed fights inflation. Here’s what history says comes next.

Stock-market investors have plenty of reasons to feel gloomy heading into 2023: Inflation is still high, the housing market is sputtering and the Federal Reserve just raised interest rates by another ...

LINK Still On Whales’ Shopping Cart Despite Dismal Performance

Whale interest is a bullish indicator and LINK is sweeping the whales to their side. According to crypto whale tracker WhaleStats, the token is part of the top 10 cryptocurrencies that whales have on ...

The Twin Sisters Of The Dismal Science

Portrait of Thomas Carlyle, Scottish historian, satirical writer, essayist, translator, philosopher, … [+] mathematician, and teacher getty The inflation numbers are in and they’re up but the yi...

Aptos Token price has nearly railed back after Upstart Blockchains Dismal Debut 

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Shares Plunge 20% After Dismal Earnings Reveal ‘Giant Red Flag’

Topline Shares of Amazon tanked to levels unseen in more than two years in after-hours trading after the ecommerce juggernaut reported revenue on Thursday that fell short of analyst expectations—makin...

Biden Getting Updated Covid Booster Shot Amid Dismal Public Uptake

Topline President Joe Biden is slated to get his updated Covid-19 booster shot on Tuesday, reinvigorating the White House’s effort to encourage more Americans to get the updated shot as officials prep...

New York Yankees Confront Opportunity Cost After Dismal Postseason Exit

NEW YORK, NEW YORK – OCTOBER 22: Aaron Judge #99 of the New York Yankees looks on from the dugout … [+] during the seventh inning against the Houston Astros in game three of the American L...

Economists Warn U.S. Already In Recession Or Could Be Soon—The Latest In A Series Of Dismal Forecasts

Topline The United States is already in a recession or could tip into one soon, economists surveyed by the National Association for Business Economics (NABE) warned on Monday, the latest in a series o...

Bitcoin Hash Price at All-Time Lows Amidst Dismal Miner Profitability

While BTC has come down from a massive bear market dump to $19,000, its network hash rate has exploded to an all-time high. Bitcoin miners are currently earning the smallest reward relative to hash po...

Musk Offers Dismal Recession Prediction: ‘Probably Until Spring 2024’

Topline Billionaire Tesla and SpaceX CEO Elon Musk became the latest high-profile corporate bigwig to offer a dismal economic outlook amid high inflation and three rounds of interest rate hikes, doubl...

China’s Economy ‘Dismal,’ Will See No Growth, New Report

In this handout photo released by Uzbekistan Foreign Ministry, Chinese President Xi Jinping attends … [+] the Shanghai Cooperation Organization (SCO) summit in Samarkand, Uzbekistan, Friday, Sep...

XRP Bulls Charge Hard To Pull Prices Up Past $0.34 After A Dismal August

XRP is looking extremely bullish on a short-term outlook. In the long game, the timeframe charts show an incredible selling opportunity in the next three months. XRP looking bullish from a short-term ...

For Some College Football Teams, A Dismal 2021 Has Carried Over Into 2022

ATLANTA, GA SEPTEMBER 05: Georgia Tech head coach Geoff Collins gestures towards the referee … [+] during the Chick-Fil-A Kickoff Game between the Clemson Tigers and the Georgia Tech Yellow Jack...

China Suffers Another Dismal Month Of Steel Production

BEIJING, CHINA – OCTOBER 24: Chinese President Xi Jinping vote at the closing of the 19th Communist … [+] Party Congress at the Great Hall of the People on October 24, 2017 in Beijing, Chi...

Gannett, America’s Largest Newspaper Chain, Lays Off Journalists After Dismal Earnings Report

In a late-Friday move Gannett, the nation’s largest newspaper chain, executed layoffs at outlets across the country. While no official tally was available, journalists at the Athens (Georgia) Banner-H...

Ranbir Kapoor’s ‘Shamshera’ Has A Dismal Show At Indian Box Office

Bollywood actors Ranbir Kapoor and Vaani Kapoor pose for pictures during the trailer launch of their … [+] upcoming Hindi-language period action film Shamshera in Mumbai on June 24, 2022. (Photo...

Snap shares down 77% year-to-date following dismal Q2 results

Snap (SNAP) shares are getting annihilated following its disappointing Q2 earnings report that fell below Wall Street’s already dismal expectations. Shares of the social networking company were ...

US energy stocks buck dismal trend with ‘massive outperformance’

Oil and gas companies were the only bright spot in a dismal first half of the year for the US stock market as the energy sector benefits from soaring commodity prices fuelled by the war in Ukraine. Th...

MU Stock: Micron Delivers Dismal Outlook

Memory-chip maker Micron Technology (MU) late Thursday beat Wall Street’s earnings target for its fiscal third quarter and matched views on sales. However, it badly missed estimates with its gui...

Bitcoin heads for dismal weekly close as BTC price rejects at $20K

Bitcoin (BTC) attempted to reclaim $20,000 as support on June 19 as bulls faced a $7,000 weekly red candle. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $16,000 eyed for possible next m...

The Silver Lining Amid A Dismal Crypto Bear Market

Blockchain industry participants have not had a happy time of late due to recent market upheavals. Not only has the crypto asset market witnessed a continuous downtrend since the end of 2021, but a ma...

Coinbase NFT Division Experiences Dismal Debut

Coinbase – one of the largest and most popular crypto exchanges in the world – opened its new non-fungible token (NFT) division to dismal results. The department has been in beta mode since late April...

Stock market’s dismal performance is ‘part of the fight against inflation,’ Jim Cramer says

CNBC’s Jim Cramer said Wednesday that while the hot consumer price index suggests the Federal Reserve is losing in its struggle against inflation, the dismal performance of stocks, particularly ...

Crypto and Bitcoin outlook is dismal as per Nicholas Merten

Crypto expert is thinking about how low Bitcoin (BTC) could go in the current scenario All business sectors head into the end of the week horribly down  The Fed’s rate hike has had a massive effect on...

Robinhood Shares Crater After Dismal Earnings, Monthly Active Users Fall 10% From A Year Ago

Topline Shares of stock trading app Robinhood tanked roughly 8% late on Thursday after the company reported dismal first quarter earnings which showed that the platform lost over a million users and r...

Terra price analysis: LUNA records further 13 percent decline to continue dismal run

TL;DR Breakdown Terra price analysis shows price receding 13 percent over the past 24 hours Price dropped more than 30 percent since reaching record high of $120.7 on April 6 24-hour trading volume we...

Cardano price analysis: ADA targets $1.26 uptrend after closing dismal week at $1.06

TL;DR Breakdown Cardano price analysis shows price rose more than 2 percent over last 24 hours ADA could move as high as $1.60 after a dismal week that took price as low as $1.01 25 percent upswing to...

Solana, Terra, Cardano Lead $400 Billion Market Resurgence After Dismal Performance Over The Last Week ⋆ ZyCrypto

Advertisement &nbsp &nbsp Solana, Terra, Cardano stage mammoth recovery following a poor week for crypto assets. The assets have jumped 5-20% in the last 24 hours, with Terra ...