Bitcoin Miner Core Scientific Files for Bankruptcy As Prices Fall
Crypto mining giant Core Scientific filed for bankruptcy on Wednesday, joining a growing list of digital asset firms to sink in 2022.
Source: businessinsider.com
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Fed Rate Cuts Could Begin in Summer 2023, Providing Boost to Markets
"Markets increasingly appreciate that the Fed's actions have limits, despite Chair Powell's uncompromising rhetoric," Pantheon said.
Source: businessinsider.com
Tesla Stock Has Much More Downside As Rivals Gain Market Share: Analyst
"If you look at whenever competitors come in, Tesla's market share gets decimated," GLJ Research analyst Gordon Johnson told CNBC.
Source: businessinsider.com
Housing Crash: Homebuilding Has More Room to Fall As Demand Weakens
The housing market is far from a recovery as housing starts slowed again last month, Pantheon chief US economist Kieran Clancy said.
Source: businessinsider.com
Tesla Stock Price Target Slashed As Model 2 Needed to 'Right the Ship'
Evercore ISI lowered its target on Tesla stock to $200 from $300 and noted shares lost support at a key technical level.
Source: businessinsider.com