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Tag Archives: Decline

Trump blames internet companies like Amazon for the decline of the postal service

President Donald Trump speaks about the government’s response to the Coronavirus Disease (COVID-19) outbreak during the Coronavirus Task Force’s daily briefing at the White House in Washington on April 5, 2020. Joshua Roberts | Reuters President Trump said Tuesday that internet companies, including Amazon, are responsible for the decline of the U.S. postal service. The comments received during the Coronavirus …

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Shares under pressure after the largest quarterly decline since 2008

NEW YORK (Reuters) – Asian stocks continued to decline on Wednesday as the corona virus slowed global growth significantly. As a result, global stocks saw their largest quarterly decline in more than a decade and oil prices traded near their 2002 lows. Wall Street stocks fell Tuesday, with the Dow experiencing the largest quarterly decline since 1987 and the S&P …

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This forecast barely predicts growth in US equities next year – and a big decline when it comes to a recession

First, the good news – even if it's not great. In a new forecast, Oxford Economics expects the global economy to stabilize in the first half of next year. "We believe that the economic trough is near its new structural growth rate. With poor demographics, years of accumulation of weak public and private investment, and continuing weakness in productivity, we …

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The Nvidia result indicates a decline in sales towards the end of the year

Nvidia Corp. After four quarters of declines on Thursday afternoon, the company forecasted a return to revenue growth and exceeded estimates for quarterly results. Nvidia NVDA, + 0.58% shares fluctuated between gains and losses after the release of the report, rising less than 1% lately. This could be disappointing for option traders who had hoped for a big turnaround. For …

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IEA sees $ 90 before the decline of oil

Global oil demand will plateau around 2030, according to a key new report, but demand is far too slow to cushion the worsening effects of climate change. Oil demand begins to flatten in the 2030s. "Under the pressure of increasing fuel efficiency and electrification of mobility," said the International Energy Agency (IEA) in its highly anticipated annual World Energy Outlook. …

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Arista Networks' share suffers a record setback after a "sudden and sharp" decline in cloud demand

Shares in the computer network Arista Networks Inc. suffered a record setback on Friday after another Cloud Titan customer notified the cloud network company of a "material reduction" of orders. [19659002] This led to a series of downgrades by Wall Street analysts and a series of price target reductions. The stock ANET, -24.29% fell 25% to a two-year low in …

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