Tencent sees first sales fall as China economy slows

Chinese tech giant Tencent has cut more than 5,000 staff and shut down parts of its business as it grapples with its first sales fall in its history. Tencent is one of China's biggest tech...

Tencent sees first sales fall as China economy slows

Chinese tech giant Tencent has cut more than 5,000 staff and shut down parts of its business as it grapples with its first sales fall in its history. Tencent is one of China's biggest tech...

Housing Starts Crater In July As Bottom Falls Out Of The Market

Housing Starts Crater In July As Bottom Falls Out Of The Market Amid surging layoffs in the real estate market, a collapse in homebuilder sentiment, soaring mortgage rates and...

The Next Leg Lower Is Coming": Mike Wilson Says Stocks Have Already Discounted The Fed Pivot Which Is Probably Not...

"The Next Leg Lower Is Coming": Mike Wilson Says Stocks Have Already Discounted The Fed Pivot Which Is Probably Not Even Coming It's not an exaggeration to say that JPMorgan's now...

Peru's GDP grows 3.44% in June y/y

MEXICO CITY - Peru's economy expanded 3.44% in June compared with a year earlier, the government said on Monday. In the same report, the country's statistics agency INEI posted that Peru, the...

Bond Yields Slump as Empire State Index Points to Further Slowdown

By Geoffrey Smith Investing.com -- U.S. manufacturing looks likely to have slowed much more sharply than thought over the last month, as a closely-watched regional activity index posted its...

Japan plans fresh package to cushion blow from rising living costs

By Yoshifumi Takemoto and Kantaro Komiya TOKYO - Japanese Prime Minister Fumio Kishida on Monday instructed his ministers to draw up additional steps to cushion the economic blow from rising...

China's Jan-July property investment falls at fastest pace since March 2020

BEIJING - China's property investment in January-July fell 6.4% from a year earlier, the fastest pace since March 2020, and more than the 5.4% decline in the first half of the year, official data...

Energy & Precious Metals

By Barani Krishnan Investing.com -- For all practical purposes, the U.S. driving season is almost over. What’s going to drive the longs in oil after this? The answer seems to be exports, exports...

Wide-body jet demand humming again as Boeing 787 rejoins the fray

By Tim Hepher and David Shepardson PARIS/WASHINGTON - Boeing (NYSE:BA) Co's 787 Dreamliner has returned to the world market for newly delivered aircraft at a time when demand for wide-body...

Peloton raises bike prices in United States and Canada

- Exercise equipment maker Peloton Interactive (NASDAQ:PTON) Inc said on Friday it would raise prices of its Bike+ product in the United States and Canada. SHANGHAI/HONG KONG (Reuters) -Five...

Wide-body jet demand humming again as Boeing 787 rejoins the fray

Boeing Co's 787 Dreamliner has returned to the world market for newly delivered aircraft at a time when demand for wide-body jetliners is finally stirring to life after a prolonged slump.

Crypto Flipsider News

Read in the Digest: Ankr Rallies 50% After a Strategic Investment from Binance Labs Ankr (ANKR), a Web 3 infrastructure provider, rallied more than 50% in an hour to set a new three-month high...

Oil Jumps as IEA Sees Higher Demand, OPEC Hints at Cuts

By Barani Krishnan Investing.com -- What goes down must come up — at least in the world of oil. Crude prices jumped for a fourth session in five days of trading, recovering a chunk of what they...

BlackRock launches spot bitcoin private trust for U.S. clients

- BlackRock Inc (NYSE:BLK), the world's biggest asset manager, has launched a spot bitcoin private trust for institutional clients in the United States, according to a blog post on its...

BlackRock launches spot bitcoin private trust for U.S. clien…

- BlackRock Inc, the world's biggest asset manager, has launched a spot bitcoin private trust for institutional clients in the United States, according to a blog post on its website. The trust...

Cardano Tests $0.51 Support

Cardano spikes by 5% as seen on the daily price chart Bulls likely to touch bullish triangle from $0.67 to $0.69 ADA at risk of retreating to $0.50 Cardano (ADA) price is looking straightforward...

Rich Dad Poor Dad' author Robert Kiyosaki touts silver as the best-value bet in markets today

The personal-finance guru trumpeted silver's low price and industrial uses, and warned investors to expect a massive slump in bonds and other assets.

Chipmakers tumble on fears of worst downturn in 10 years

Micron Technology Inc. became the latest chipmaker to warn about slowing demand. In the US, the Philadelphia semiconductor index sank 4.6% on Tuesday. In Asia, chip stocks from Taiwan...

U.S. Weekly Crude Stocks Jump Nearly 5.5Mln Barrels, Gasoline Down Almost as Much

By Barani Krishnan Investing.com -- U.S. crude oil inventories jumped by almost 5.5 million barrels last week, the Energy Information Administration, or EIA, announced on Wednesday. Equally...

Chipmakers tumble on fears of worst downturn in 10 years

Micron Technology Inc. became the latest chipmaker to warn about slowing demand. In the US, the Philadelphia semiconductor index sank 4.6% on Tuesday. In Asia, chip stocks from Taiwan...

Oil Dips as Trade Weighs US Inventories Against Russian Supply Blockade

By Barani Krishnan Investing.com -- Oil prices dipped on Tuesday as market participants weighed the potential for U.S. stockpile builds last week against news that some oil exports had been...

Oil Drifts as Trade Weighs US Inventories Against Russian Supply Blockade

By Barani Krishnan Investing.com -- Oil prices treaded water on Tuesday as market participants weighed the potential for U.S. stockpile builds last week against news that some oil exports had been...

SafeMoon has got Dave Portnoy a lawsuit & 94% loss

Trading is certainly not as easy as expected. While newbies sell off their holdings during a slump, the…

Industrials’ Long Coattails Can Carry the US Economy

Backlogs of orders and other sources of demand are positioned to sustain manufacturers through a slump in consumer spending.

S&P 500 Gives Up Gains as Nvidia Drags Down Tech

By Yasin Ebrahim Investing.com -- The S&P 500 gave up gains Monday, following an Nvidia-led slump in tech after the chipmaker cut its guidance. The S&P 500 fell 0.19%, the Dow Jones Industrial...

Nvidia Loses Its Game

A slump in PC demand and weak videogame trends lead to a rare revenue shortfall by the chip maker.

Ethereum Prediction: Here’s the Downside Target For ETH

Ethereum fell to triple digits during mid-June, sending panic across the crypto sphere that another slump might be…

Taiwan July exports jump, but uncertainty ahead

TAIPEI (Reuters) -Taiwan's exports rose in July on sustained demand for technology products with shipments to China picking up, and while the government said the outlook was good for...

SoftBank posts a $21.6 billion quarterly loss on its Vision Fund, one of the highest in its history

The Japanese giant's Vision Fund posted a 2.93 trillion Japanese yen ($21.68 billion) loss for the June quarter. This is the second-largest quarterly loss for the Vision Fund. Technology stocks...

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