Plunge

A shopper leaves a Nike store along the Magnificent Mile shopping district in Chicago with a purchase on Dec. 21, 2022.Scott Olson | Getty ImagesNike shares plunged Friday after the athletic apparel maker cut its revenue outlook for the fiscal year, with sneaker retailer Foot Locker also feeling the blow.The stock was down more than 11% in premarket trading Friday. Foot Locker, which relies heavily on Nike products in its stores, was down over 7%.Nike said in its earnings report Thursday that the company now expects its…

2023 has been a tough funding year for European fintech startups, with raised capital dropping 70% drop in H1 compared to the same period in 2022. But against this backdrop, British payment startup SumUp has still managed to bag €285mn to expand its global footprint. SumUp was founded in the UK in 2012 with the mission to level the playing field for small businesses. Through its SuperApp, it provides merchants with an online store, a free business account, and an invoicing solution — alongside…

Sopa Images | Lightrocket | Getty ImagesCharter shares plunged more than 8% on Tuesday after its CFO Jessica Fischer said the company could lose broadband subscribers in the fourth quarter.Charter competitor Comcast's stock also slipped more than 3% in midday trading."I can certainly see that it's likely that we could end up with negative internet net adds inside of Q4," Fischer said at the UBS Global Media and Communications Conference. The company saw subscribers drop in October due in part to the effects of its dispute…

Shares of One 97 Communications, which operates Paytm, fell over 5% to the day's low of Rs 877.15 on the NSE on Friday following reports of a block deal. The price correction was amid high volumes with over 1.78 crore shares changing hands at around 9:45 am.The block deal saw shares worth Rs 1,441 crore changing hands, CNBC-TV18 reported.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Digital TransformationVisitIndian School of BusinessISB Product…

Using a high-temperature plasma tunnel, scientists have discovered what it might be like to plumb the depths of Uranus.Sure, we know it would be smelly; but there are other considerations that need to be taken into account when designing a probe that can withstand the rigors therein. So scientists simulated the atmospheric conditions of the Solar System's distant ice giant and its almost-twin, Neptune, ahead of missions to the two planets that may one day take place."The challenge is that any probe would be subject to…

“The lure of entrepreneurship is undeniable,” writes resident pitch expert Haje Jan Kamps. But starting a company is also a hard road, and the decision to go for it shouldn’t be taken lightly. Full TechCrunch+ articles are only available to members.Use discount code TCPLUSROUNDUP to save 20% off a one- or two-year subscription. It’s not enough to just know your business model and potential TAM. You also have to consider your personal goals. Why do you want to build a company? Why do you want…

House for sale in Millbrae, California.Xinhua News Agency | Xinhua News Agency | Getty ImagesMortgage rates saw the biggest one-week drop in over a year last week, causing the first increase in mortgage demand in a month.Total mortgage application volume rose 2.5% last week, compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased to 7.61% from…

The crypto market has recently witnessed fluctuations in the price of The Sandbox (SAND) due to mounting concerns surrounding the SEC’s security label. On the other hand, Uwerx stands out as a flourishing project, unaffected by the turbulence impacting The Sandbox (SAND). Read on to find out why Uwerx keeps booming! The Sandbox (SAND): Navigating Challenges and Embracing Growth in the Metaverse The Sandbox (SAND) is an exciting digital metaverse project that has gained significant attention in cryptocurrency. However,…

Shares of onshore drillers have fallen steeply after a wave of recent rig idlings, which investors fear could signal a coming drop in oil demand amid a slowing economy. Shares of onshore drillers have fallen steeply after a wave of recent rig idlings, which investors fear could signal a coming drop in oil demand amid a slowing economy. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink…

The cryptocurrency market is known for its volatility, and recent price movements have caused significant fluctuations in leading cryptocurrencies like Cardano and Bitcoin. However, amidst market turbulence, Tradecurve emerged as a promising contender that could dominate decentralized finance. Today, we will explore the recent price plunge of Cardano and Bitcoin and explore why Tradecurve stands out as a potential game-changer in the DeFi landscape. >>BUY TCRV TOKENS NOW<< Cardano (ADA) displays red charts …