Category: Worst

  • Worst of market selloff might be over but hold on tight, Goldman says By Reuters

    SINGAPORE (Reuters) – After a turbulent week in global markets, the worst of the sell-off may be over but investors need to “keep a tight rein on big directional bets for now,” Tony Pasquarello, Goldman Sachs’ global head of hedge fund coverage, said. In a note to clients on Wednesday…

  • Nvidia stock tanks as Magnificent 7 shares see worst market cap loss ever

    Nvidia (NVDA) shares fell about 8% in early trading as Magnificent 7 shares saw their worst intraday market value loss ever during Monday’s market rout. As of 10:00 a.m. ET, the MAG 7 Group’s market cap has fallen by more than $860 billion. Together, MAG 7 shares make up about…

  • Indian Rupee Becomes Second Worst Asian Currency This Quarter

    Breadcrumbs Path Links PMN Business Before the trading day begins, we provide you with a summary of the major news and events that are likely to move the markets. Today we take a look at: Article author: Bloomberg News Ashutosh Joshi and Ronojoy Mazumdar Published on August 1, 2024 •…

  • CrowdStrike outage: Worst IT failure ever hit less than 1% of all Windows devices

    A flawed software update from cybersecurity firm CrowdStrike Holdings Inc. has affected 8.5 million devices worldwide that run Microsoft’s Windows operating system. Microsoft Corp. presented the full scope of the worldwide IT outage for the first time in Blog Microsoft said Saturday that the affected devices represented less than 1…

  • Stocks tumble as the S&P 500 caps off its worst week in 3 months

    Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 17, 2020.Lucas Jackson/Reuters U.S. stocks closed lower on Friday, marking the S&P 500’s worst week since mid-April. A global IT outage caused by a Crowdstrike update exacerbated Friday’s stock…

  • Stock Market News Today: Markets post worst week since mid-April (SP500)

    Wall Street on Friday posted its worst week since mid-April, as the exodus from technology stocks continued over the past few days, sparked by Thursday’s consumer inflation report. The technology-heavy Nasdaq Composite Index (Compound: Indian) I recorded the first three days A losing streak since June 24, Decrease by 0.81%…

  • Binance analysts says ‘worst likely behind’ as Bitcoin trades near $65k

    Analysts at Binance Research say they remain “optimistic” about the market’s outlook, expecting upcoming catalysts to position the market “positively for the rest of the year.” The cryptocurrency industry may have already seen the worst of the year, according to Binance Research analysts, who said in a statement: Friday Report…

  • America’s worst bridges are getting a major modern makeover

    Dozens of aging bridges in 16 states are set to be replaced or improved with the help of $5 billion in federal grants announced Wednesday by President Joe Biden’s administration, the latest recipients of a massive infrastructure bill. The projects range from coast to coast, with the largest providing an…

  • UK building firms face worst recruitment problems, survey shows By Reuters

    LONDON (Reuters) – Construction and engineering companies are bearing the brunt of Britain’s labour shortage, a survey showed, highlighting the challenge facing Prime Minister Keir Starmer in delivering on his plans to boost housing and infrastructure. The British Chambers of Commerce’s quarterly recruitment survey showed 82% of construction and engineering…

  • Amid election nerves French city traders rush to secure funding as they foresee the worst blow to bonds

    Worst bond rout since sovereign debt crisis sees companies rush to Securing financing Ahead of a potential capital drought. A hit to stocks worth about $200 billion. French President Emmanuel Macron’s decision earlier this month to confront the gains of the far right across Europe Quick poll At home he…

  • Bitcoin Extends Drop After One of Crypto’s Worst Weeks of 2024

    (Bloomberg) — Losses are piling up in the cryptocurrency market after its second-worst weekly decline in 2024, a reflection of slowing demand for bitcoin exchange-traded funds and uncertainty over monetary policy. Most read from Bloomberg A measure of the 100 largest digital assets fell about 5% in the seven days…

  • Election concerns in France give euro worst week in two months By Reuters

    Written by Karen Brettell (Reuters) – The euro is heading towards its biggest weekly decline against the dollar in two months on Friday, amid fears that a new government will worsen the financial situation in France with early parliamentary elections approaching. The yen hit its lowest level in six weeks…

  • Turkey Poised to Reach Worst of Inflation With Peak Close to 75%

    Breadcrumb links BMN Business Türkiye hopes it is on the cusp of turning the page on another crisis as inflation rises. Article writer: Bloomberg News Beryl Ackman and Paris Balcy Published on June 02, 2024 • 2 min read You can save this article by registering for free here. Or…

  • Furiosa tops box office for no. 1 film on worst Memorial Day movie weekend in decades

    It was a close race, but the Wasteland Warrior.”Furiosa: The Mad Max Saga“It was slightly ahead of the blocky Orange Cat with an estimated $32 million in ticket sales over the four-day weekend according to studio estimates Monday.”Garfield movie“, a Sony release, grossed $31.1 million in its first four days.…

  • Insiders share the best and worst things about working at Amazon By Investing.com

    Amazon (NASDAQ:), one of the world’s largest e-commerce and cloud computing companies, is known for its efficiency and innovation. However, former employees shared mixed experiences about what it’s like to work at the tech giant, highlighting the benefits and challenges. One common positive aspect noted by former employees is the…

  • Insiders share the best and worst things about working at Amazon By Investing.com

    Amazon (NASDAQ:), one of the world’s largest e-commerce and cloud computing companies, is known for its efficiency and innovation. However, former employees shared mixed experiences about what it’s like to work at the tech giant, highlighting the benefits and challenges. One common positive aspect noted by former employees is the…

  • Bitcoin Investors Remain Unmoved Despite BTC Drop Below $60,000, The Worst Is Almost Over

    Bitcoin Investors Remain Unmoved Despite BTC Drop Below $60,000, The Worst Is Almost Over

    Wednesday, Bitcoin It fell sharply, falling below The critical support level is $60,000. Despite this recent downtrend in the market, Bitcoin investors remain confident as they believe that major cryptocurrencies are still accessible. new Horizons In this market cycle. Some say this may be what Bitcoin needs before making another…

  • S&P 500 Falls 1% at End of Worst Month in 2024: Markets Wrap

    S&P 500 Falls 1% at End of Worst Month in 2024: Markets Wrap

    (Bloomberg) — The stock market got hit after the latest batch of economic data showed a plunge in consumer confidence and persistent wage pressures in the run-up to the Federal Reserve decision. Most Read from Bloomberg Equities remained on pace for their worst month since September on speculation the Fed…