Escobar: You're Either With Us, Or You're A "Systemic Challenge"

Escobar: You're Either With Us, Or You're A "Systemic Challenge" Authored by Pepe Escobar, After all we’re deep into the metaverse spectrum, where things are the opposite of what they...

Meta Begins Testing NFT Integration on Facebook

Social media giant Meta has started to test Polygon and Ethereum-based non-fungible tokens (NFTs) on Facebook. "We're expanding our test so more creators around the world can display their NFTs on...

Meta could be 'bracing for a tornado-like quarter': Wedbush's Dan Ives

The social media giant, like other tech companies, is scaling back hiring plans as it braces for an economic downturn. The company is also cutting back on the number of people it will hire in the...

Meta slashes hiring plans, girds for 'fierce' headwinds

CNN.com will feature iReporter photos in a weekly Travel Snapshots gallery. Please submit your best shots of the U.S. for next week. Visit CNN.com/Travel next Friday for a new gallery of snapshots...

Crypto exchange Coinbase looks to expand footprint in Europe

- Cryptocurrency exchange Coinbase (NASDAQ:COIN) Global Inc said on Friday it was looking to expand in some European markets, even as the digital asset market continues to experience a...

Mark Zuckerberg Makes a Dark Prediction

Many economists have been anticipating a sharp downturn in the economy due to aggressive monetary policy. The Russian war in Ukraine has further exacerbated the supply chain problems caused by the...

OpenSea Ethereum, Polygon report card for June; stats might shock you

While NFT enthusiasts continue to bask in the euphoria of the 2021 boom in the ecosystem, the general downturn of the cryptocurrency market continued to affect the sales volume of NFTs in the last...

U.S. Banks Are ‘Dramatically Undervalued.’ 8 Stocks to Buy

U.S. financial institutions are trading at bargain-basement prices, Oppenheimer says. Analyst Christ Kotowski said he expected generally favorable fundamental trends for the U.s. financial sector...

Bitcoin Sees Worst Quarter In 11 Years

The leading cryptocurrency in the world, Bitcoin (BTC), saw its worst quarter-over-quarter drop in 11 years. According to data from CoinGecko, BTC has lost over 57.43% in the second quarter of...

The Ratings Game: There may be another shoe to drop after Micron’s big outlook miss

Micron Technology Inc. delivered an outlook that fell far short of the consensus view, prompting questions about how the memory market will fare in a downturn.

Factbox: Dealmaking hits the rocks due to stormy markets

- Efforts by companies to strike merger agreements with buyout firms are floundering in stormy markets, with private equity struggling to raise financing for bids big enough to satisfy...

Experts weigh in on European Union’s MiCa crypto regulation

Modulus CEO Richard Gardner believes that the new regulation may signal the end of the current digital asset downturn.

These 2 Buy-Rated Stocks Just Increased Their Dividends

Rising concerns over the Fed’s hawkish stance to curb the soaring inflation and the possibility of an economic downturn have kept the stock market volatile so far. Amid this scenario,...

Ethereum (ETH) Bends Toward $1,000 As Doubt Fills Crypto Markets

Ethereum (ETH) traded in tandem with risky assets on the final session of the first half of the year, due to persisting fears of greater inflation and rising interest rates. Some analysts say this...

First Mover Americas: It’s Ugly in Crypto With $200M of Margin Calls, Founders Selling Homes and Comparisons to 2008

BTC appears to stabilize, a flurry of new developments among the crypto firms wrecked by the market turmoil continues to unfold. JPMorgan’s Nikolaos Panigirtzoglou weighs in. Don't miss Consensus...

Bitcoin still has room to fall in the crypto downturn

The world's biggest crypto might be just getting started — with its dramatic decline, that is. According to Fairlead Strategies' Katie Stockton, bitcoin's negative momentum points to another 27%...

Top 4 Reasons the Cryptocurrency Market Is Crashing

What's behind the major downturn in the cryptocurrency market? Let's take a closer look.

Wall Street set for opening losses in gloomy start to second-half

By Amruta Khandekar - Futures pointed to opening losses on Wall Street at the start of the second-half on Friday, as investor worried about the hit to economic growth from the aggressive steps by...

Meta slashes hiring plans, girds for 'fierce' headwinds

Facebook-owner Meta Platforms Inc (META) has cut plans to hire engineers by at least 30% this year, CEO Mark Zuckerberg told employees on Thursday, as he warned them to brace for a deep economic...

PMI round-up: Good news in China

Chinese manufacturers printed the first expansion of output since February at the end of the Q2. The rate of growth was the quickest seen since November 2020 and sharp. A number of firms linking...

Meta Slashes Plans to Hire Engineers by at Least 30% Amid Downturn, Reuters Says

Meta Slashes Plans to Hire Engineers by at Least 30% Amid Downturn, Reuters Says  Bloomberg

Stocks making the biggest moves premarket: Kohl's, Micron, Apple and more

Kohl's tumbled 17.9% in premarket trading. Micron slid 4.6% in the premarket despite reporting a better-than-expected quarterly profit. Check out the companies making headlines before the bell:...

Exclusive: Meta slashes hiring plans, girds for 'fierce' headwinds

Facebook-owner Meta Platforms Inc (META.O) has cut plans to hire engineers by at least 30% this year. CEO Mark Zuckerberg warned them to brace for a deep economic downturn. "If I had to bet, I'd...

In a weekly Q&A, Mark Zuckerberg told staff that Meta reduced its target for hiring engineers in 2022 to around...

Register now for FREE unlimited access to Reuters.com June 30 - Facebook-owner Meta Platforms Inc (META.O) has cut plans to hire engineers by at least 30% this year, CEO Mark Zuckerberg told...

Timeline: Kohl's abandons sale talks as market turmoil weighs

- A monthslong bidding race for Kohl's Corp (NYSE:KSS) ended on Friday after the department store chain said it was scrapping plans to sell itself to Vitamin Shoppe owner Franchise Group...

Crypto Investors Ready To Deploy $25,000,000,000 Once Bottom Is In, According to Quant Analyst

On-chain insights platform CryptoQuant CEO Ki Young Ju says crypto investors did not leave the market despite this year’s downturn. According to Ju, the current dip that sent Bitcoin (BTC)...

Kohl's abandons talks to sell itself to Franchise Group

- Department store chain Kohl's Corp (NYSE:KSS) said on Friday it was abandoning talks to sell itself to Vitamin Shoppe-owner Franchise Group (NASDAQ:FRG), blaming a downturn in market...

Back to the future? Cargo giant Cargill turns to sails to cut carbon

By Jonathan Saul LONDON - In a new take on ancient technology, Cargill, one of the world's biggest charterers of ships, is to add state-of-the art sails to a vessel early next year to test...

Nio and Xpeng Report June and 2Q Delivery Numbers; Tesla Report Expected to be 'Ugly'

By Michael Elkins Chinese electric vehicle companies Nio Inc. and Xpeng Inc. (NYSE:XPEV) released their vehicle delivery results for June 2022 and the second quarter 2022 on Friday. NIO delivered...

Bitcoin still has room to fall in the crypto downturn

The world's biggest crypto might be just getting started — with its dramatic decline, that is. According to Fairlead Strategies' Katie Stockton, bitcoin's negative momentum points to another 27%...

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