Slid

Know how the drop in the price of BTC and ETH is affecting other stablecoins and altcoins Bitcoin (BTC) has been on a tear this year, rising from a price of $15K to $31K in under four months. However, it has since fallen to the $28K range, with multiple attempts to break past the $30K resistance level failing. On the other hand, after a long, cold crypto winter that saw Ethereum (ETH) drop in value by 36.22% in 2022, it truly turned the corner this year. Year-to-date as of May 11, Ethereum has gained more than 60% and…

Fresh off of winning the NCAA Women’s Basketball National Championship, LSU stars Angel Reese and Flau’jae Johnson stopped by the Breakfast Club to discuss how their lives have changed since leading the Tigers to the first national championship in school history. While speaking about the high-profile athletes and entertainers who’ve reached out since March Madness, Reese revealed that Drake and Future have slid into her DMs. “You said two that you need to stay far away from,” Charlamagne tha God joked.“They just…

Microsoft Corp. MSFT 0.98% likely recorded its slowest sales growth in more than six years last quarter as economic concerns cooled demand for its software and cloud services.The Redmond, Wash., firm’s revenue growth is expected to slow to less than 3% in the three months through Dec. 31 compared with a year earlier while its net income is expected to fall more than 8%, according to financial analysts surveyed by FactSet. They predicted the…

U.S. existing-home sales fell last year to their lowest level since 2014, as surging mortgage rates made home purchases too expensive for many buyers. Sales of previously owned homes, which make up most of the housing market, slid 17.8% in 2022 from the prior year to 5.03 million, the National Association of Realtors said Friday. On a monthly basis, sales fell 1.5% in December from the prior month to a seasonally adjusted annual rate of 4.02 million, the weakest rate since November 2010.…

Home prices declined in September from the prior month as higher interest rates made buyers more cautious. The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas across the nation, fell 1% in September from August, the third straight month-over-month decline. On a year-over-year basis, the index rose 10.6% in September, down from a 12.9% annual rate the prior month. The pandemic-driven…

Smartphone shipments in China fell 11% year-on-year in the third quarter as the country's slowing economy took a toll on consumer demand, research firm Canalys reported. Brands shipped a total of 70 million smartphones to sellers in the period, down from 78.9 million in same period last year. While Apple Inc was the only brand to buck the trend, with shipments jumping 36% to 11.3 million, analysts say that the surge was due to demand for the iPhone 14 Pro model, and demand for the basic iPhone 14 model has been weak. The…

(Photo by Bryan Bedder/Getty Images for Samsung) 2020’s Enola Holmes was originally produced by Legendary to be a theatrical release, but it ended up dropping on Netflix due to the pandemic. That turned out to be a blessing in disguise for the Sherlock Holmes spinoff, however, as it broke the platform’s records to become one of the biggest streaming movies of that year. With its long-awaited sequel set to follow before 2022 is out, star Millie Bobby Brown has reflected on the surprising social media reaction…

One of China’s largest developers said the country’s property market has tumbled into a severe depression, using some of the strongest language yet to describe the yearlong downturn and the financial pain it has caused. Country Garden Holdings Co. 2007 -4.23% , which for years ranked as China’s top real-estate developer by contracted sales, on Tuesday reported a 96% drop in first-half profit after selling a third fewer homes than it did a year ago. The Guangdong-based…

U.S. business activity contracted in July on the sharpest pullback in output since early in the Covid-19 pandemic, according to surveys of purchasing managers, while eurozone surveys pointed to a higher probability the continent could soon slide into a recession.Data firm S&P Global said its Composite PMI Index for the U.S.—which combines the manufacturing and services sectors—dropped to 47.5 in July from 52.3 in June. The services index slid to 47 in July from 52.7 the prior month, while…

Graphics card prices continue to drop, both at retail and for aftermarket used cards sold on eBay. We've pulled together the data for the current prices, and the GPU mining exodus is in full force. eBay prices for the best graphics cards (meaning current generation hardware) fell by 14% on average since June 1, and previous-gen cards dropped by 17% on average. Retail prices aren't dropping as quickly, and many places are making noise about "graphics card deals" in an apparent attempt to clear inventory at the highest…