Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to bounce after S&P 500’s worst seek since 2020 The sign for Wall Street is seen with US flags outside the New York Stock Exchange. Yuki Iwamura | dpa | Getty Images Dow futures …
5 things to know before the stock market opens Tuesday, June 21 Read More »
In this photo illustration, Twitter account of Elon Musk is seen on a smartphone screen and Twitter logo in the background. Pavlo Gonchar | light rocket | Getty Images Elon Musk says there are three main hurdles to overcome before he can complete his purchase of Twitter. Musk is seeking to buy Twitter for $44 …
Elon Musk says 3 issues need to be resolved before Twitter deal closes Read More »
Ether is the second-largest cryptocurrency in the world by market value. Jaap Arriens | NurPhoto via Getty Images Another controversial cryptocurrency is causing havoc in the digital asset market — and this time, it’s not a stablecoin. Staked ether, or stETH, is a token that’s supposed to be worth the same as ether. But for …
What is staked ether (stETH) and why is it causing havoc in crypto? Read More »
Thomas Barwick | digitalvision | Getty Images The slumping stock market, and the punishment being doled out to tech companies in particular, is poised to reshape pay packages despite the demand for tech talent remaining strong. Each day brings a fresh wave of slumping stocks, hiring freezes and slowdowns, or outright layoffs from companies that …
Tech talent still in demand but outsized salaries are disappearing Read More »
Image: Krafton When I first saw Ana, PlayerUnknown’s Battlegrounds publisher Krafton’s attempt to put a face on its artificial “virtual human” technology, I was disappointed to see that this supposed Web 3.0 innovation was really just another pretty, pale girl. She’s airbrushed, but still tangible. She’s biting her tongue, looking at you. And I fear …
Krafton’s Latest ‘AI’ Woman Recycles The Usual Sexist Tropes Read More »
US stocks were higher Friday, putting major indexes on course to extend the whipsaw moves that have injected fresh volatility into markets this week. The S&P 500 rose 0.7%. The Dow Jones Industrial Average added 0.3%, and the Nasdaq Composite climbed 1.4%. All three major indexes fell Thursday, closing at their lowest levels since 2020. …
Meeting has ended and employees are worried about layoffs The all-hands meeting concluded around 1 p.m. Eastern Time. According to a source, the majority of the reactions on Twitter’s Slack messaging board were negative in nature. Employees expressed that many of their worries about layoffs, remote work, a reduced focus on content moderation and inclusion …
Nvidia GeForce RTX 3060 TiImage: Nvidia Bad news for crypto miners is good news for gamers. While GPU prices have steadily fallen over the past few months, the ongoing cryptocurrency crash appears to be expediting the return to MSRP. As Tom’s Hardware reports, GPU prices decreased by around 15% in May following drops of 10% …
New and Used GPU Prices Continue to Fall as Crypto Collapses Read More »
But last week, Jia was one of a number of employees who received an email from Coinbase rescinding their job offers. For Jia, that not only meant losing a job but also, possibly, a visa. “I’m an international student, and I need to keep my visa,” he told CNN Business. “Now, after Coinbase, I prefer …
Layoffs are on the rise in the midst of crypto winter Read More »
A few months ago, Mike Washburn’s cryptocurrency investment looked like a winner. Now he’s just hoping to get his money back. Mr. Washburn, a 35-year-old plumber in Otsego, Minn., had $100,000 in an account at Celsius Network LLC, one of the largest lenders in the cryptocurrency world. Recently widowed, Mr. Washburn said he and his …
Celsius Is Crashing, and Crypto Investors Are Spooked Read More »
