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  • Ethereum Miners’ Revenue Triples Thanks To DeFi, Bitcoin’s Falls

Ethereum Miners’ Revenue Triples Thanks To DeFi, Bitcoin’s Falls

KEY POINTS Ethereum was more profitable to mine than Bitcoin in September 2020 Mining revenues soared because of the excitement over decentralized finance As DeFi excitement wanes, observers are watching…

Vedanta falls 10% after delisting attempt fails

BENGALURU (Reuters) – Shares of Vedanta Ltd fell 10% on Monday as the miner’s attempt to buy back shares and delist itself failed, forcing it to return all the shares…

Staying connected when the world falls apart: How carriers keep networks going

To Mike Muniz, an area manager for AT&T’s network disaster recovery team, witnessing the aftermath of Hurricane Michael was like entering a war zone. On Oct. 10, 2018, two days…

Micron Technology Falls After Hours Despite Q4 Earnings Beat

Micron Technology (NASDAQ:MU) shares were taking a hit late Tuesday afternoon, following the company’s release of its fourth quarter of fiscal 2020 results after market hours. For the quarter, the…

Dow Falls Over 500 Points As Tech Stocks Drag Market Lower

Topline The market fell sharply on Wednesday, adding to its sell-off so far in September as tech stocks again came under pressure and investors remained wary about a resurgence in…

Dow Falls 900 Points Amid Resurgence In Coronavirus Cases

Topline The market plunged on Monday, extending its three-week losing streak as stocks took a hit from an uptick in new coronavirus cases, declining tech shares and deadlocked stimulus talks…

Trump Celebrates TikTok Deal That Falls Short of His Key Demands

(Bloomberg) — The TikTok video-sharing app was already under U.S. scrutiny when users pranked President Donald Trump’s campaign by pretending to reserve thousands of tickets to a June re-election rally…

Tech Stocks This Week: Snowflake Goes Public, Apple Falls, and More

A sell-off in tech continued this week, leaving the tech-heavy Nasdaq Composite down about 10% in September. The sell-off follows significant year-to-date outperformance for tech stocks. Even including the recent…

Wall Street falls as tech sells off again, jobless claims still high

(Reuters) – U.S. stocks fell on Thursday as technology-related shares slid for a second day and as government data showed high levels of weekly jobless claims. FILE PHOTO: Hundreds of…

At JPMorgan, Productivity Falls for Staff Working at Home

(Bloomberg) — A troubling pattern emerged as most of JPMorgan Chase & Co.’s employees worked from home to stem the spread of Covid-19: productivity slipped. © Bloomberg Scaffolding covers a…