(Reuters) -Shares of GameStop tumbled for a second consecutive session on Monday, extending deep losses after stock influencer Keith Gill’s return to YouTube last week failed to spark fresh investor enthusiasm for the struggling shopping mall retailer. Gill, known on YouTube as “Roaring Kitty,” held his first livestream in three years on Friday, the day […]
Tag: Fades
GameStop tumbles for second day as meme-stock rally fades
(Reuters) – Shares of GameStop tumbled for a second consecutive session on Monday, extending deep losses after stock influencer Keith Gill’s return to YouTube last week failed to spark fresh investor enthusiasm for the struggling shopping mall retailer. Gill, known on YouTube as “Roaring Kitty,” held his first livestream in three years on Friday, the […]
Everest Numbers Approach Final Tally as Summit Wave Fades
At least 570 climbers, including foreigners and locals, have climbed Everest so far this season, Nepal’s Department of Tourism (DoT) said today in a press release. A few more groups have summited since then, so the final figure will increase. For example, SummitClimb put 10 people on top today. They reported great conditions, no wind, […]
GameStop stock tanks 25% as meme rally fades
GameStop stock (GME) tanked 25% Wednesday as a rally among meme names showed signs of fading. Shares of the video game retailer are coming off a two-day short squeeze. GameStop stock gained more than 180% in the prior two sessions. AMC stock (AMC) also fell 17% Wednesday after the theater chain operator rose 95% over […]
China makes headway in Iraq’s oil industry as US influence fades
icon Semafor Signals Supported by Microsoft logo Insights from S&P Global, TRT World, Emirates Policy Center Arrow Down Title icon The News Five Chinese companies won bids to explore Iraq’s immense oil and gas fields, Iraq’s oil ministry said Saturday, while not a single US firm got a contract. It is the latest sign of […]
Caterpillar sees lower second-quarter sales as machinery boom fades
(Reuters) -Caterpillar said on Thursday it expects sales to fall in the current quarter as demand for its construction equipment eases from last year’s boom, sending its shares down 4% in premarket trading. Caterpillar had benefited from President Joe Biden’s $1 trillion 2021 infrastructure law to upgrade roads, bridges and other transportation infrastructure that sent […]
As Civil Rights Era Fades From Memory, Generation Gap Divides Black Voters
ATLANTA — For years, Loretta Green has voted at her Southwest Atlanta precinct wearing the same custom T-shirt emblazoned with a photo of her first voter registration card, dated to 1960. The front of it reads: “This is why I vote.” Since gaining the legal right, Green, 88, has participated in every possible election. This […]
US reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades
MIAMI (AP) — The Biden administration on Wednesday reimposed crushing oil sanctions on Venezuela, admonishing President Nicolás Maduro‘s attempts to consolidate his rule just six months after the U.S. eased restrictions in a bid to support now fading hopes for a democratic opening in the OPEC nation. A senior U.S. official, discussing the decision with […]
US futures drift lower as faith in rate cuts fades
US stock futures pointed to more losses on Wednesday, as investors looked to a coming speech by Federal Reserve Chair Jerome Powell for clues to whether interest rates will stay higher for longer. S&P 500 (^GSPC) futures slipped 0.2%, while Dow Jones Industrial Average (^DJI) futures held just below the flatline. Contracts on the tech-heavy […]
Rory McIlroy’s Players title bid fades after erratic second round at Sawgrass
Rory McIlroy’s bid for a second Players Championship victory suffered a potentially fatal blow as Scottie Scheffler played through the pain barrier to keep his hopes of an historic title defence alive. McIlroy held a share of the overnight lead following an opening 65 at Sawgrass, but could only add a second round of 73 […]
Adam Schiff and Steve Garvey advance as Katie Porter fades
LOS ANGELES — Democratic Rep. Adam Schiff, a scourge of Donald Trump and his MAGA movement, on Tuesday successfully pulled Republican Steve Garvey into November, boxing out progressive Rep. Katie Porter. The setup ensures what’s expected to be an easy run for Schiff to the U.S. Senate from California. Garvey, a first-time candidate and former […]
Glencore Posts Steep Profit Fall as Energy Crisis Fades
(Bloomberg) — Glencore Plc reported a steep drop in annual profit and lowered its dividend, after markets retreated from the price spikes and wild swings that drove blockbuster earnings in the aftermath of Russia’s invasion of Ukraine. Most Read from Bloomberg Glencore reported core earnings of $17.1 billion, half the record number it posted a […]