Bitcoin rose as the U.S. Consumer Price Index increased by 0.4% from Sep. 2022 to Oct. 2022, following slower price increases for cars and medical care as a result of hawkish tightening by the Fed. Th...
Tag: slowdown
Jim Cramer says a slowdown in the logistics industry suggests inflation could be coming down
CNBC’s Jim Cramer on Thursday said that inflation could finally be cooling off as the freight industry’s pandemic boom wanes. “We caught a real break today with a much lower-than-exp...
SkyWater Shares Soar, Analyst Find It Capable Of Decoupling From Broader Semi Slowdown
Needham analyst Rajvindra Gill maintained a Buy rating on SkyWater Technology Inc (NASDAQ: SKYT) and set a price target of $20.00. SKYT reported a solid quarter and guidance, with margins being the br...
Fed Discussed Slowdown Says Powell – Trustnodes
The Federal Reserve Banks discussed the pace of tightening at the meeting held earlier, and will discuss it in the next meeting, Fed chairman Jerome Powell said at the press conference. “At some point...
Apple Stock: iPhone Maker Warns Of Holiday Slowdown
After delivering better-than-expected results for the September quarter, consumer electronics giant Apple (AAPL) warned of a slowdown ahead for the December quarter. Still, Apple stock rose on Friday....
U.S. consumer spending seeing a ‘mitigation’ in growth not a slowdown, says Bank of America CEO
U.S. consumer spending is experiencing a “mitigation of growth” but not a slowdown, Bank of America CEO Brian Moynihan said Friday. Interest rate hikes by the Federal Reserve are starting ...
US economy seeing a ‘mitigation’ in growth not a slowdown, says Bank of America CEO
The U.S. economy is experiencing a “mitigation of growth” but not a slowdown, Bank of America CEO Brian Moynihan said Friday. Interest rate hikes by the Federal Reserve are starting to be ...
Microsoft beats expectations, despite slowdown in cloud growth
Microsoft (MSFT) reported earnings for the most recent quarter after the closing bell, beating analysts’ expectations on the top and bottom line, despite cloud sales growth falling to 20% year-o...
‘Forceful’ Slowdown In Home Prices As Warning Signs Become ‘Eerily Similar’ To 2000s Crisis
Topline Home prices continued to decelerate at the fastest pace on record in August—intensifying a decline since this spring that has some experts worried the abrupt turnaround in the housing market c...
Intel Plans Thousands of Job Cuts in Face of PC Slowdown
(Bloomberg) — Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering personal-computer market, according to people wit...
‘Very Concerning’ Sign Of Serious Economic Slowdown Emerges As Stock Market Collapses
Topline A growing rash of economists are warning the odds of a recession have increased amid a historic inversion of the yield curve—a telltale sign of a looming economic slowdown after the Federal Re...
BTC Falls as Global Economic Slowdown Heightens – Market Updates Bitcoin News
Bitcoin was back in the red during Friday’s session, as the token was once again trading below $19,000. The recent decline comes as the global economic slowdown has become more apparent. This week, bo...
FedEx CEO Raj Subramaniam argues his company’s struggles are a “reflection” of a global slowdown
Is a global recession on its way? Economists and investment banks have warned throughout 2022 that the global economy is slowing under the weight of persistent inflation and central bank interest rate...
Two-Year Treasury Spikes, Signaling ‘Severe Economic Slowdown’
Markets in decline as the inverted yield curve in the U.S. just became even more inverted. (Photo … [+] by Spencer Platt/Getty Images) Getty Images The inverted yield curve is now even more inve...
2022 Crypto Market Slowdown Not Yet Over: KPMG Report ⋆ ZyCrypto
Advertisement     According to the September 2022 KPMG’s “Pulse of Fintech H1 2022” report, the total global investment in blockchain and cryptocurrency was US$32.1 bi...
Here’s What KPMG Said About Slowdown In Crypto Investments
KPMG, the global audit and consulting firm has presented a report which speaks of declining crypto investments. The highlights in those reports were that globally, the interest in crypto along with in...
Crypto Investment Slowdown To Continue
According to a new report published by audit and consulting firm, KPMG, global investments in cryptocurrency companies have pulled back to $14.2 billion in the first half of this year from a record $3...
Crypto Investment Slowdown Will Continue Rest of 2022, KPMG Predicts
“Despite the crypto space collapsing significantly since midway through Q1 22 due to the unexpected Russia-Ukraine conflict, rising inflation and the challenges experienced by the Terra crypto ecosyst...
KPMG Predicts Crypto Slowdown for Remainder of 2022
Crypto’s winter is not over yet, consulting firm says As of the end of June 2022, crypto and blockchain investments totalled $14.2 billion As investment in both liquid cryptocurrencies and blockchain ...
Bugatti Rimac CEO says no signs of a slowdown from super-rich car buyers
Ultra-wealthy buyers of supercars show no signs of slowing their spending despite recession fears, according to the CEO of Bugatti Rimac. Mate Rimac said demand for the company’s all-electric Ri...
Applied Materials Gives Bullish Forecast in Face of Slowdown
(Bloomberg) — Applied Materials Inc., the biggest maker of machinery used to manufacture semiconductors, gave an upbeat sales forecast for the current period, saying it can weather the economic ...
China Attacks US Chip Handouts While Warning of Market Slowdown
(Bloomberg) — China lashed out at a $52 billion program to expand American chipmaking, saying the landmark blueprint contains elements that violate fair market principles and targets Beijing’s o...
China Surprises With Rate Cut as Data Shows ‘Alarming’ Slowdown
(Bloomberg) — China’s central bank unexpectedly cut its key interest rates as it ramps up support for an economy weighed by Covid lockdowns and a deepening property downturn. Most Read from Bloo...
Dillard’s Faces Sales Slowdown
A Dillard’s department store exterior in Humble, TX. getty As usual. Dillard’s was the first of all major retailers to eport second quarter sales and earnings results. Comparable sales were flat...
Macro Guru Raoul Pal Sets Price Target for Ethereum (ETH), Predicts Slowdown of Inflation
Real Vision chief executive Raoul Pal is laying out a potential roadmap for leading smart contract platform Ethereum (ETH). Pal tells his Twitter followers that most traders are holding at a low volum...
GXO Logistics customers are doing well despite economic slowdown buzz, CEO says
GXO Logistics customers are still doing well even as Wall Street fears that the economy is headed for a downturn, CEO Malcolm Wilson told CNBC’s Jim Cramer on Tuesday. “We just finished ou...
Oil Plunges as China Slowdown Spurs Concern Over Demand Outlook
(Bloomberg) — Oil slumped as poor manufacturing figures across the globe fueled concerns that a global slowdown may sap demand for crude. Most Read from Bloomberg West Texas Intermediate briefly...
Housing affordability plunges to lowest level since 2006. The property market’s ‘great slowdown’ is here, Bank of America says
A “great slowdown” is happening in the U.S. housing market, a new report from Bank of America says, as mortgage originations shrink and spending on household items softens. Amid weak home sales number...