Tag: STX

PC and Phone Demand Is Weakening. Analysts See Trouble for Parts Suppliers.

Posted on By E T No Comments on PC and Phone Demand Is Weakening. Analysts See Trouble for Parts Suppliers.
Technology News

Text size Several analysts issued downbeat research on memory-chip or disk-drive stocks. Dreamstime Concern that a slowdown in demand for smartphones and personal computers is hurting the outlook for memory chips and other components has triggered a flurry of cautious commentary from Wall Street. The issues affect the memory-chip manufacturers Micron Technologies (ticker: MU) and … Read More “PC and Phone Demand Is Weakening. Analysts See Trouble for Parts Suppliers.” »

Crypto’s latest meltdown leaves punters bruised and bewildered

Posted on By E T No Comments on Crypto’s latest meltdown leaves punters bruised and bewildered
Business News

LONDON/MUMBAI/ANKARA, June 21 (Reuters) – For Jeremy Fong, U.S. crypto lender Celsius was an ideal place to stash his digital currency holdings – and earn some spending money from its double-digit interest rates along the way. “I was probably earning $100 a week,” at sites like Celsius, said Fong, a 29-year civil aerospace worker who … Read More “Crypto’s latest meltdown leaves punters bruised and bewildered” »

Crypto industry fears contagion as bitcoin slips under $20,000

Posted on By E T No Comments on Crypto industry fears contagion as bitcoin slips under $20,000
Business News

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON/HONG KONG, June 20 (Reuters) – The cryptocurrency industry was on edge on Monday as bitcoin struggled to stay above … Read More “Crypto industry fears contagion as bitcoin slips under $20,000” »

Wall St ends up but still down on week as volatility rules

Posted on By E T No Comments on Wall St ends up but still down on week as volatility rules
Business News

S&P suffers biggest weekly pct drop since March 2020 Markets closed on Monday for Juneteenth holiday Dow down 0.13%, S&P 500 up 0.22%, Nasdaq up 1.43% June 17 (Reuters) – U.S. stocks closed with a modest bounce on Friday but still suffered the biggest weekly percentage decline in two years as investors wrestled with the … Read More “Wall St ends up but still down on week as volatility rules” »

Morning Bid: Bank of England in a bind

Posted on By E T No Comments on Morning Bid: Bank of England in a bind
Business News

The Bank of England (BoE) building is reflected in a sign, London, Britain, December 16, 2021. REUTERS/Toby Melville/ Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Sujata Rao The Fed’s decision to raise rates by 75 basis points has left its communication track record dented, … Read More “Morning Bid: Bank of England in a bind” »

Morning Bid: A half or three quarters?

Posted on By E T No Comments on Morning Bid: A half or three quarters?
Business News

Pasta is seen in a supermarket as rising inflation affects consumer prices in Los Angeles, California, U.S., June 13, 2022. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Sujata Rao The bond selloff triggered by last week’s May consumer inflation print got fresh … Read More “Morning Bid: A half or three quarters?” »

As S&P 500 confirms bear market, most of its components look worse

Posted on By E T No Comments on As S&P 500 confirms bear market, most of its components look worse
Business News

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 13, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register June 14 (Reuters) – While the S&P 500 confirmed on Monday that it has been in a bear market since January, many of … Read More “As S&P 500 confirms bear market, most of its components look worse” »

Morning Bid: Shockwaves, say no more

Posted on By E T No Comments on Morning Bid: Shockwaves, say no more
Business News

Figurines are seen in front of displayed stock graph and word “Inflation” in this illustration taken June 13, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Dhara Ranasinghe Central banks’ challenge — hiking interest rates to contain soaring inflation without wrecking their … Read More “Morning Bid: Shockwaves, say no more” »

Cryptoverse: Is the end of the bitcoin winter near?

Posted on By E T No Comments on Cryptoverse: Is the end of the bitcoin winter near?
Business News

May 24 (Reuters) – The crypto winter is in its ninth week and bitcoin can not shake the chill. From technology to trading, market indicators are flashing red or yellow for the largest cryptocurrency, which has lost a third of its value in just two months. Now what? Sign up now for FREE unlimited access … Read More “Cryptoverse: Is the end of the bitcoin winter near?” »

Equity stocks are fading and the dollar is rising as fears of growth return

Posted on By E T No Comments on Equity stocks are fading and the dollar is rising as fears of growth return
Business News

LONDON, May 18 (Reuters) – A recovery in equities ran out of steam on Wednesday as concerns about the outlook for economic growth and rising inflation dampened sentiment, while a 9% UK inflation survey underlined how much higher interest rates could be on the way . European equities were mostly lower, and futures on Wall … Read More “Equity stocks are fading and the dollar is rising as fears of growth return” »

Advertise