Tag Archives: fall

U.S. stock futures sunk Monday ahead of another wave of economic data out this week. Futures tied to the S&P 500 (^GSPC) moved lower by 0.5% in premarket trading, while futures on the Dow Jones Industrial Average (^DJI) ticked down by 0.4%. The technology-heavy Nasdaq Composite (^IXIC) fell by 0.4%. Stocks finished mixed on Friday as investors digested hotter-than-expected jobs data. The strong job gains and robust wage growth are the opposite of what the Federal Reserve would like to see in… Source link

U.S. stock futures slumped Wednesday morning as Wall Street weighed an earnings warning from retail bellwether Target against government retail sales data that showed robust consumer spending ahead of the key holiday season. Futures tied to the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) hovered below the flatline, while contracts on the technology-heavy Nasdaq Composite (^IXIC) were off by 0.2%. The Commerce Department said Wednesday retail sales jumped 1.3% in October as… Source link

Phishing is a cyberattack in which the target is contacted by a threat actor impersonating a trusted individual or entity. There are several types of these attacks, but email phishing is by far the most common one. In a typical email phishing attempt, you receive a message from what appears to be a legitimate entity urging you to take action; for example, to change your password or sign into an account. If you fall for the scam, the attacker obtains your personal information. One such… Source link

Meta (META) shares plunged more than 22% on Thursday morning after the Facebook parent reported the prior day that its revenue declined last quarter and missed analysts’ expectations. The bad news comes as the social media giant pushes harder into the metaverse, the 3-D virtual world that inspired the company’s leadership to change its name. Not everyone’s sold on the change, and the numbers coming out of Meta and the broader macroeconomic environment certainly don’t help matters. “There is… Source link

Core Scientific (CORZ) will not make debt payments due in October and November, according to a new securities filing. Shares of the bitcoin mining company were down as much as 76% on Thursday morning. Core said it’s exploring alternatives to its capital structure and is working with financial and legal advisers but noted that it might have to file for bankruptcy. — in which case common stock holders would completely lose their investments. “Given the uncertainty regarding the Company’s… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, Oct. 18, 2022 “Past performance is no guarantee of future results” may be the most repeated disclaimer in the financial services industry. It’s a warning to investors not to get too excited about what they think is a replay of a historical pattern. Because oftentimes, history doesn’t repeat itself. That said, if history is any… Source link

U.S. stocks tumbled early Friday as the government’s key employment reading showed the labor market grew at a slower pace in September. The U.S. economy added 263,000 jobs last month as the unemployment rate fell to 3.5%. Economists expected a payroll gain of 255,000 and for unemployment to hold at 3.7%. Futures tied to the S&P 500 (^GSPC) dropped 0.7%, while futures on the Dow Jones Industrial Average (^DJI) shed more than 100 points, or 0.4%. Nasdaq Composite (^IXIC) futures led the way… Source link

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hi again! Wondering if you have a preference between “Friday Eve,” “Pre-Friday” or just stick to Thursday? We are very gently leaning toward Little Friday, but tweet us your favorite post–hump day monikers! — Christine and Haje The TechCrunch Top 3 Made by Google: Brian and a group of other consumer tech fans filed 14 stories (!) related to… Source link

Google went all out today with a wall of launches of new hardware and tech. Here’s a collection of all the cool stuff Google launched, and you can watch the full event yourself if you have 90 minutes and a particularly deep curiosity streak for all things Google. Here is everything announced at the Made by Google 2022 event: Everything Pixel 7 and Pixel 7 Pro The highlight of the event was the Pixel 7 and Pixel 7 Pro phones. The Android flagship phones are… Source link

Past the halfway point of exhibition season, the Detroit Red Wings used the lineup that in large part projects to be the one introduced when they open the season in 10 days. Monday’s game against the Pittsburgh Penguins at Little Caesars was marked the first time the Wings were playing after a complete day off since training camp began. It was a good test, too, as the Penguins brought a lineup that included Sidney Crosby, Evgeni Malkin and Kris Letang. The Wings topped 30 shots but played on… Source link