Core Scientific files for bankruptcy as crypto winter bite
by DEC 21 (Reuters) – Core Scientific Inc (CORZ.O), one of the largest publicly traded cryptocurrency mining companies in the United States, announced on Wednesday that …
Tag: CEN
China scrambles to install hospital beds as COVID surge sparks concern overseas
Authorities are rushing to add hospital beds and build fever clinics US raises concerns about possibility of COVID mutations Beijing reports five more deaths on …
Wall Street falls for fourth straight day as recession fears gnaw
Fed increased, focus on fears of recession L3Harris slips after $4.7bn acquisition of Aerojet Indexes fall: Dow 0.49%, S&P 0.90%, Nasdaq 1.49% Dec 19 (Reuters) …
Wall Street ends lower for third straight day as recession worries mount
US business activity slumps in December Meta jumps on rating upgrade from JP Morgan Adobe climbs to optimistic profit forecast Dow down 0.85%, S&P 500 …
Electric vehicles are about to enter the mass market
DETROIT, Dec 15 (Reuters) – The past year has been a sobering one for investors who poured money into Tesla Inc. (TSLA.O) and rival electric …
China’s factory and retail sectors slip as COVID hits growth
Industrial production growth in China is slowing more than expected The decline in retail sales deepens Real estate investment has declined the most in over …
Wall Street rises after CPI data but Fed concerns remain
Consumer prices rise moderately in November Growth, real estate stocks rise when yields fall Moderna rises with optimistic study data NEW YORK, Dec 13 (Reuters) …
Global equities slack as central bank rate hikes loom
Crude oil prices are relaxing dollars little changed US CPI on Tuesday, Fed meeting on Wednesday ECB and BOE interest rate decisions on Thursday LONDON, …
Dollar gains as inflationary pressures persist; Eyes on c.bank meetings
SINGAPORE, Dec 12 (Reuters) – The dollar rose on Monday after data on Friday showed US producer prices rose more-than-expected last month, pointing to ongoing …
Wall Street finishes lower as investors digest economic data
US producer prices rise in November Consumer sentiment improves in December Lululemon falls after pessimistic forecast Index close: S&P 500 -0.73%, Nasdaq -0.70%, Dow -0.90% …