As businesses prepare for a heat wave that is anticipated to strain the electricity grid, nearly all industrial-scale Bitcoin miners in Texas have turned off their equipments. Due to Texas’s affordabl...
Tag: Loom
Euro Underperforming against Dollar as Recession Fears Loom
The Eurozone’s inflation data came in at 8.6% in June, a figure that has prompted the European Central Bank (ECB) to give advance notice to market stakeholders of its intentions to hike interest rates...
As Guyana’s Oil Business Booms, Could A Potential New Deal With Exxon Loom?
Emily Pickrell, UH Energy Scholar Guyana flag, stock market, exchange economy and Trade, oil production, container ship in export and … [+] import business and logistics. getty The tiny South Am...
Another round of job cuts loom amid sagging stock price, user slowdown
Netflix (NFLX) layoffs loom — once again. According to a new report from Variety, the streaming giant is poised to slash even more jobs following its last round of layoffs in May. A Netflix spokespers...
Dow Jones Futures Loom, Bitcoin Below $20,000; Beware The Bear Market
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The Bitcoin price bounced somewhat Sunday after tumbling below $20,000 on Saturday. X The bear market ...
Price To Economic Book Value Looks Cheaper Through 5/16/22, But Downside Risks Loom
Arrow symbol glowing amid black arrow symbols on black background. Horizontal composition with copy … [+] space. Stock market and finance concept. getty The trailing PEBV ratio for the NC 2000 f...
Crypto Markets Lose $100B As Recession Threats Loom Large
Over $100B was wiped off the cryptocurrency market this weekend after Treasury Secretary Janet Yellen issued a somber crypto warning. As Bitcoin dropped to $27,000, it’s now at its lowest point since ...
Sequoia & a16z Backed Loom Fires Its 34 Employees: Here’s Why
Loom, an enterprise video messaging service, has fired 14% of its total staff or 34 employees. Individuals from the product and people operations are affected. The firm has confirmed the news of the ...
Terra: How long will this LUNA-r eclipse loom over the crypto market
“I no longer feared the darkness once I knew the phoenix in me would rise from the ashes”, said Ms. Luna. After suffering a significant decimation to its price following UST’s depegging, LUNA recorded...
Implosion Of Tether Is Closer Than Ever! Fears Over USDT Downfall Loom
Tether’s USDT market valuation has decreased by nearly $9 billion after Terra’s UST meltdown. The market saw a dramatic sell-off last week as a result of the collapse of Terra’s UST stablecoin, with U...
U.S. economy unexpectedly shrinks as recession concerns loom
On April 28, the U.S. Commerce Department estimated that the growth of the U.S. economy was the weakest since spring 2020, in essence shrinking unexpectedly. Despite the latest news, global stock ma...
Dow Jones Futures Loom After Bears Hunt Down Market Bulls; Twitter Warms To Elon Musk Bid
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. Twitter reportedly is warming to a takeover by Tesla (TSLA) CEO Elon Musk. X The stock market suffered...
U.S. Futures Dip as Oil, Gas Rise; China Data Loom: Markets Wrap
(Bloomberg) — Asian stocks look set for a muted open Monday before Chinese economic data that may shed light on the impact of Covid lockdowns. Natural gas and oil prices rose on risks stemming f...
Dow Jones Futures: Market Rally Keeps Sliding, 5 Stocks Near Buy Points, Tesla Earnings Loom
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered further losses last week, with the Nasdaq leading declines as Treasury...
Dow Jones Futures Loom Amid Market Rally Pullback; Tesla Near Buy Points After Deliveries
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. Tesla (TSLA) reported record first-quarter deliveries on Saturday, with the EV giant near possible buy...
Shopify Is Bruised But Undiminished As Massive Ad Sales Loom
Shopify Inc. logo (Photo Illustration by Thiago Prudencio/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Building organic sales is the mainstay of great businesses....
Russian Ruble Crashes Further Against Bitcoin As Oil Sanctions Loom
Russia’s ruble sank 26% to a record low against Bitcoin on Monday, extending losses as the United States said it was mulling sanctions on Moscow’s oil exports. One Bitcoin is now worth over 5 million ...
Russian Forces Loom Outside Kyiv As Ukraine Resists Invasion
Follow real-time updates on Russia’s invasion of Ukraine. (Additional reporting by Mason Bissada and Joe Walsh). The ruins of a Ukrainian armored personnel carrier sit near the center of the Uk...
Bitcoin price could ‘probe lower’ as volumes dip and macroeconomic issues loom overhead
Bitcoin’s sell-off appears to be taking a pause even though the United States rolled out new sanctions against Russia on Feb 22. Data from Cointelegraph Markets Pro and TradingView shows that th...
Dow Jones Futures Loom With World Awaiting Ukraine Invasion; Five Stocks That Don’t Suck
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered significant damage last week, with the major indexes below key support...
BMY Stock: Bristol Expects $10.5 Billion Shortfall This Year As Generics Loom
Bristol Myers Squibb (BMY) offered better-than-expected sales guidance Friday, and BMY stock rose despite looming competition for two of its biggest cancer drugs. X Revlimid and Abraxane are among Bri...
Dow Jones Futures: Microsoft Rebounds On Guidance; Stock Market Volatile As Fed Meeting, Tesla Earnings Loom
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures, erasing solid losses as Microsoft (MSFT) whipsawed higher following its earnings report and guidance...
Why Video Game Makers See Huge Potential In Blockchain—And Why Problems Loom For Their New NFTs
Publishers can’t pull the plug on blockchain assets by shutting down a title or removing features from games. The in-game NFT items can exist beyond the lifespans of games. Getty Images When Ubisoft r...