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Tag Archives: Drop

Intel’s margins drop as customers switch to cheaper chips. Shares Fall 10%

(Reuters) – Intel Corp. INTC.O On Thursday, it was reported that margins fell for the last quarter as consumers bought cheaper laptops, pandemic-hit businesses and governments curtailed spending on data centers. That news drove their stocks down 10%. FILE PHOTO: Bob Swan, CEO of Intel Corporation, gives Reuters an interview in front of the Fab 42 microprocessor manufacturing facility in …

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SF rental rates are falling as much as 31% – the sharpest drop in the US, according to a new report

Further evidence shows that astronomical rental rates in San Francisco are falling closer to the earth. According to the September rental report from listings website Realtor.com, rental rates in San Francisco fell the most year over year in all three categories for the year: studio, one-bedroom, and two-bedroom. Changes to remote working guidelines during the coronavirus pandemic are creating a …

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Oklahoma Sooners Drop Out Of Top 25 Poll; Top teams remain stable

Oklahoma was eliminated from The Associated Press college football poll for the first time since September 2016, and the No. 24 state of Iowa jumped back into the top 25 after a day of surprise. Stability at the top of the leaderboard was largely stable on Sunday after Clemson # 1, Alabama # 2, Georgia # 3, and Florida # …

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Stocks, oil prices drop after Trump tests positive for viruses

US stock futures and Asian stocks fell on Friday after President Donald Trump said he and First Lady Melania Trump tested positive for the new coronavirus. Future contracts for both the S&P 500 and the Dow industrial stock lost 1.9%. Oil prices also fell. Trump tweeted news of his test results just hours after the White House announced that Senior …

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Dow futures drop 500 points as Trump says he tested positive for Covid

Stock futures fell early on Friday morning trading after President Donald Trump said he tested positive for the coronavirus. Futures linked to the Dow Jones Industrial Average fell 500 points. S&P 500 futures and Nasdaq 100 futures were also in negative territory. Meanwhile, the benchmark 10-year Treasury note yield fell to 0.6578%. The returns move in the opposite direction. Previously, …

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Unemployment benefit claims drop to 837,000 as the slow recovery continues

Initial unemployment insurance claims stood at 837,000 last week, the Labor Department said Thursday as the labor market continues its recovery from the coronavirus pandemic. Economists polled by Dow Jones expected 850,000. According to seasonally adjusted figures, the weekly total was a decrease of 36,000 compared to the upwardly corrected 870,000 of the previous week. This was the fifth week …

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New U.S. coronavirus cases drop as global death toll exceeds one million

The death toll from the coronavirus pandemic exceeded one million globally, while the number of new cases in the United States declined despite resurgence in some parts of the country. The US reported just over 33,000 new cases on Monday, slightly fewer than the previous day, according to data from Johns Hopkins University. With over 7.15 million confirmed infections since …

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Forecast of the US temperature drop this week

The west will be above average warmer all week, reaching nearly 30 record highs. In the east, the arrival of autumn air will mean a drop in temperature for many large cities. The jet stream, a highway of rapidly moving air that acts as a barrier between hot and cold temperatures, will take on a more extreme form this week, …

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European stocks drop, Dow futures drop 300 points as traders react to Fed decision

Women wearing face masks exit a mall that has a sign at one entrance reminding people of the mask requirement. Westfield Santa Anita Mall on June 12, 2020 in Arcadia, California. Unibail-Rodamco-Westfield shares fell Thursday. frederic j. brown / Agence France-Presse / Getty Images European stocks slumped and US stock futures weakened Thursday, with traders in Europe given their first …

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