Tag: sharply

Zelensky sharply rejects pope’s appeal for negotiations with Russia

Ukrainian President Volodymyr Zelensky has sharply rejected an appeal by Pope Francis for peace negotiations with Russia. “The church should be among the people,” Zelensky said in his nightly video address on Sunday. “And not two and a half thousand kilometres away, somewhere, to mediate virtually between someone who wants to live and someone who […]

Why Upstart Stock Fell Sharply Today

Investors disapproved of Upstart‘s (NASDAQ: UPST) fourth-quarter earnings report after the loan originator, which employs artificial intelligence, posted middling results and gave disappointing guidance. As of 10:36 a.m. ET on Wednesday, the stock was down 20.3%. Image source: Upstart. Upstart can’t catch a break Upstart delivered smashing results in 2021 when interest rates were low […]

US January deficit falls sharply as receipts grow, tax refunds fall

By David Lawder WASHINGTON (Reuters) – The U.S. federal budget deficit fell sharply in January to $22 billion as receipts hit a record for that month, partly because tax refunds fell after the Internal Revenue Service cleared a backlog of pandemic-delayed tax returns, the U.S. Treasury said on Monday. The deficit last month was $17 […]

Why Bitcoin Mining Stocks Tumbled Sharply on Thursday

There was a lot of action in cryptocurrency-related stocks on Thursday. Unfortunately for shareholders of crypto-mining companies, the action in that segment consisted of widespread sell-offs. Several really took it on the chin that day. Marathon Digital Holdings (NASDAQ: MARA), for instance, saw its share price close nearly 13% lower. Worse for wear was peer […]