Tag Archives: fall

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

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Google has announced the date for its Pixel-centric “Made by Google” event, joining Microsoft and presumably also Apple with fall product releases. The live event will be held on October 6 at 10:00 AM ET, and Google is expected to announce its… Source link

U.S. stocks closed lower Thursday to cap a turbulent session after the Federal Reserve’s latest policy announcement and subsequent remarks from Chair Jerome Powell sent markets into disarray. The benchmark S&P 500 slid 0.9%, while the Dow Jones Industrial Average shed 100 points, or 0.4%. The technology-heavy Nasdaq Composite tumbled 1.4%. The moves extend a Fed-induced sell-off Wednesday that saw the S&P 500 and Dow each erase around 1.7% and the Nasdaq plummet 1.8%, and mark a third… Source link

U.S. stocks were firmly lower early Monday after all three major indexes logged their worst week in three months. The S&P 500, Dow Jones Industrial Average, and tech-heavy Nasdaq were each off by roughly 0.6% at the start of the trading session. Meanwhile in the bond market, the benchmark U.S. 10-year Treasury note spiked to 3.49%, its highest level since 2011, while the 2-year Treasury note inched past a 15-year high of 3.9%. Investors are gearing up for the Federal Reserve’s two-day policy… Source link

The chants were swift and boisterous. A raucous crowd that rode the roller coaster of Game 4 — and the entire semifinals series — sent off Sue Bird in legendary fashion. “Thank you, Sue,” the crowd chanted as Bird acknowledged fans from center court after the No. 1-seeded Las Vegas Aces beat her Seattle Storm 97-92 to end the Storm’s season and Bird’s career on Tuesday night at Climate Pledge Arena in Seattle. “It’s sad,” Bird told ESPN’s Holly Rowe in a televised postgame interview while… Source link