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September 22, 2021

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Oil slides as U.S. crude drawdown faces COVID-19 surge, firmer dollar

Reuters
U.S. crude stockpiles fall to January 2020 lows -EIA U.S. dollar index turns positive, hits highest since early April Delta surging in areas of low COVID-19 vaccine coverage – WHO NEW YORK, Aug 18 (Reuters) – Oil prices dipped slightly on Wednesday after four straight days of declines, as investors......

Oil slides 4% on China virus curbs and climate warning

Reuters
WTI crude hits lowest since May China reports rise in new COVID-19 cases China’s July crude imports down 20% year on year U.N. panel issues dire warning on climate change LONDON, Aug 9 (Reuters) – Oil prices fell by 4% on Monday, extending last week’s steep losses on the back......

Japan PM Suga’s support slides to record low as Olympic Games close – survey

Reuters
Japan’s Prime Minister Yoshihide Suga attends a news conference on Japan’s response to the coronavirus disease (COVID-19) pandemic, at his official residence during the Tokyo 2020 Olympic Games in Tokyo, Japan, July 30, 2021. REUTERS/Issei Kato/Pool Suga’s support falls below 30% for first time – Asahi newpaper Support is lower......

Payrolls increase 943,000 in July as unemployment rate slides to 5.4%

CNBC
CNBC – For more and to sign up click here Hiring rose in July despite fears over Covid-19’s delta variant and as companies struggled with a tight labor supply, the Labor Department reported Friday. Nonfarm payrolls increased by 943,000 for the month while the unemployment rate dropped to 5.4%, according......

Huawei chairman says the ‘aim is to survive’ as revenue slides 30%

CNBC
CNBC – For more and to sign up click here A mobile phone shows Huawei app interface. Huawei unveiled HarmonyOS, its own operating system in 2019. In June 2021, the company launched the operating system on a smartphone for the first time. Costfoto | Barcroft Media | Getty Images The......

Latest social media darling Robinhood slides 13%

Reuters
The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly/File Photo Aug 5 (Reuters) – Shares of latest social media-darling Robinhood Markets Inc (HOOD.O) fell 13% on Thursday after surging for......

Stocks edge up, oil slides amid delta anxiety

Reuters
Stocks give back early trading gains but remain up midday Analyst sees Delta variant worries as likely exaggerated BOSTON, Aug 2 (Reuters) – U.S. stocks edged higher on Monday on optimism over government infrastructure spending and corporate earnings, even as oil prices slumped on broader macroeconomic fear and the spread......

Dole stock slides 9% in public market debut on New York Stock Exchange

CNBC
CNBC – For more and to sign up click here The New York Stock Exchange welcomes executives and guests of Dole (NYSE: DOLE), on July 30, 2021, in celebration of its Initial Public Offering. To honor the occasion, Johan Linden, Chief Operating Officer, Seamus Mulvenna, CEO Total Produce North America......

UPS stock slides after U.S. delivery volume declines

CNBC
CNBC – For more and to sign up click here Tournament employees work to squeegee the court after rain delays a match between Kim Clijsters and Sloane Stephens during the Truist Atlanta Open at Atlantic Station on July 26, 2021 in Atlanta, Georgia. Casey Sykes | Getty Images Shares of......

Support for Japan’s PM Suga slides as Tokyo Games underway

Reuters
Japan’s Prime Minister Yoshihide Suga attends a news conference on Japan’s response to the coronavirus disease (COVID-19) outbreak, at his official residence in Tokyo, Japan, June 17, 2021. REUTERS/Issei Kato/File Photo TOKYO, July 26 (Reuters) – Support for Japanese Prime Minister Yoshihide Suga slid nine points to 34%, its lowest......

China’s renewed crypto crackdown wipes nearly $300 billion off the market as bitcoin slides

CNBC
CNBC – For more and to sign up click here GUANGZHOU, China — China’s renewed crackdown on the cryptocurrency industry has wiped off nearly $300 billion in value from the total digital currency market since Friday, when a major bitcoin mining hub ordered miners to shut down operations. Bitcoin was......

Bitcoin slides 7% after U.S. seizes most of Colonial Pipeline ransom

CNBC
CNBC – For more and to sign up click here A banner with the logo of bitcoin is seen during the crypto-currency conference Bitcoin 2021 Convention at the Mana Convention Center in Miami, Florida, on June 4, 2021. Marco Bello | AFP | Getty Images Bitcoin’s price slipped again Tuesday.......

Bitcoin slides below $40,000, ether tumbles

Reuters
The logo of the Bitcoin digital currency is seen in a shop in Marseille, France, February 7, 2021. REUTERS/Eric Gaillard Bitcoin’s volatile week-long slide saw it tumble to below the $40,000 mark on Wednesday as news of further restrictions on cryptocurrency transactions in China added to earlier concerns sparked by......

Bitcoin slides after Elon Musk tweets climate concerns, suspends Tesla payment acceptance: CNBC After Hours

CNBC
CNBC – For more and to sign up click here CNBC.com’s Pippa Stevens brings you the day’s top business news headlines. On today’s show, Kate Rooney explains Tesla’s suspension of bitcoin payments for cars. Plus the “After Hours” team breaks down why the stock market is so spooked by inflation.......

Etsy slides more than 9% after it warns of slowing growth

CNBC
CNBC – For more and to sign up click here An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy stock dropped more than 9% in after-hours trading on Wednesday after the company reported first-quarter earnings......

Enphase Energy posts record quarter, but stock slides as management warns of chip shortage pains

CNBC
CNBC – For more and to sign up click here Solaray Director Jonathan Fisk moves a solar panel at the solar power installation company’s Sydney facility. Jason Reed | Reuters Shares of Enphase Energy dropped more than 14% on Wednesday after the company warned about the ongoing impacts of the......

Indian shares rise as metals gain; Infosys slides

Reuters
Brokers trade at their computer terminals at a stock brokerage firm in Mumbai, India, August 25, 2015. REUTERS/Shailesh Andrade/Files BENGALURU (Reuters) – Indian shares rose on Thursday, as investors looked past rising coronavirus cases and a lockdown in Mumbai, and metals stocks added to strong gains this year, while Infosys......

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