Tag: drop

Stocks Drop on Stimulus Deadlock as Banks Tumble: Markets Wrap

(Bloomberg) — Stocks fell on speculation that recent gains have outpaced prospects for a quick end to the stalemate over fresh economic stimulus. Treasuries and the dollar climbed.



A pedestrian wearing a protective face mask is reflected in an electronic stock board outside a securities firm in Tokyo, Japan, on Thursday, Sept. 17, 2020. Japanese stocks were set for their fourth straight weekly gain, the longest winning streak since November, as investors moved back in following this week’s central bank rate decisions at home and in the U.S.


© Bloomberg
A pedestrian wearing a protective face mask is reflected in an electronic stock board outside a securities firm in Tokyo, Japan, on Thursday, Sept. 17, 2020. Japanese stocks were set for their fourth straight weekly gain, the longest winning streak since November, as investors moved back in following this week’s central bank rate decisions at home and in the U.S.

Banks led losses in the S&P 500, with JPMorgan Chase & Co. and Citigroup Inc. sinking as investors worried that third-quarter earnings signaled just a pause in pain from soured loans. Eli Lilly & Co. tumbled after putting its government-sponsored antibody test on hold due to potential safety concerns, hours after Johnson & Johnson paused its Covid-19 vaccine trial. Amazon.com

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Caltech, other colleges drop SAT and ACT from admissions decisions

But Caltech won’t even consider those tests in the selection of its next two entering classes. It is in the vanguard of a small but growing movement to eliminate the ACT and SAT from admission decisions. The immense educational disruptions of the novel coronavirus pandemic, especially shortages of seats at testing centers, have fueled the development.

Others experimenting with this approach include the University of California at Berkeley and some other UC campuses, Reed College in Oregon, the California State University System and Washington State University. Catholic University, in D.C., said this year it will omit test scores in admissions from now on.

These schools are taking a more radical stance than the “test-optional” movement, which allows applicants to choose whether to send scores. Instead, these schools are declaring themselves “test-blind” or “test-free.”

Nikki Kahealani Chun, director of undergraduate admissions for Caltech, said the 2,200-student school in Pasadena has never

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Our favorite affordable robot vacuum just got a major price drop

Clean without lifting a finger. (Photo: Eufy)

— Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission.

As far as chores go, vacuuming stinks. Robot vacuums, which are designed to zip around the house and do all that hard work for you, are the perfect solution to dirty, dusty floors for those who absolutely hate the task of cleaning them. If that happens to be you, you’re in luck, because you can get the best affordable robot vacuum we’ve ever tested—the Eufy BoostIQ RoboVac 11S Slim on sale. 

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For a limited time, the legendary  drops from $219.99 to $179.99 at Amazon when you check the coupon box beneath the price. While it’s not the lowest price we’ve ever seen on it—it dropped

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Tech Stocks Drop as Trump Virus Test Fuels Swings: Markets Wrap

(Bloomberg) — U.S. stocks slumped in volatile trading as investors weighed the implications of President Donald Trump’s positive test for the coronavirus along with renewed efforts to forge agreement on fiscal stimulus.

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The Nasdaq 100 led losses amid declines for tech companies including Apple, Microsoft and Amazon.com. The megacap shares also dragged down the S&P 500 Index, even as most stocks on the gauge gained. A disappointing jobs report that showed less hiring than analysts had estimated underscored the urgency to push through an aid measure, and stocks were pushed around by conflicting signals on the prospects for reaching a compromise in Washington.

Crude oil tumbled for a second day. The yen, often seen as a haven in times of market stress, edged higher amid the increased uncertainty in the runup to the Nov. 3 presidential election. Regeneron Pharmaceuticals rose in after-hours trading after Trump’s doctor said the

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LINK’s correction may drop it to $7

  • LINK has plummeted by 51.60% in a little over 45 days.
  • Since September 10, the number of whales holding 1M to 10M LINK tokens has fallen from 54 to 49.

After running out of momentum near the $10.75 resistance line and the 100-day moving average, LINK has been sludging downward for the last five days. Technical analysis tells us that we are about to see a price correction to $7.

LINK/USD daily chart

LINKUSD daily chart

After charting an all-time high of $16.83 on August 16, 2020, the decentralized oracle has dropped to $9.60, as of press time. That’s a 51.60% price in a little over 45 days. This downward fall was triggered by the evening star pattern, which prompted the price to fall in a parallel channel formation. The price has faced repeated rejection at the parallel channel’s upper bound and the SMA 100 in the last five days.

These repeated rejections

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Bungie Confirms ‘Destiny 2’ Is Never Getting A New Engine So We Can Drop That Now

In the wake of a big technical TWAB regarding Destiny 2 this past week, the good old question of the series getting a “new engine” has surfaced again.

Some are interpreting the recent comments about all the changes to the engine as a smokescreen for the fact that yes, Destiny is effectively getting a new engine. Or if not, they’re just preparing to replace the current engine with a new one down the road and these are just temporary patches.

Neither of these things are true. And in fact, Bungie has come out to say explicitly that no, Destiny is never getting a fully new engine.

MORE FROM FORBESUnderstanding Destiny 2’s Massive New Technical Changes For Beyond Light

This is directly from Chris Kosanovich, Engineering Manager at Bungie, who responded to the frequent engine question in a reddit AMA two full months ago,

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Computer Aided Detection Market to Grow US$ 1.1 Bn through 2025 Demand Suffers Slight Drop in 2020 Due to COVID-19 Pandemic

The MarketWatch News Department was not involved in the creation of this content.

Sep 25, 2020 (MARKITWIRED via COMTEX) —
Medical imaging has played an important role in the healthcare industry. The prevalence of various chronic conditions among patients has augmented the need for advanced diagnostics, paving the way for computer-aided detection services for debilitating conditions such as cancers. Due to its precise technology, computer-aided detection services are able to detect anomalies in the fledgling stages, allowing patients to undergo timely treatment and prevent further complications. Technological enhancements in the form of nanomaterials, big data analytics and 3D/4D imaging have largely simplified the entire computer-aided detection process, producing highly accurate results.

However, the onset of COVID-19 has dented growth prospects of the market. Imposition of nationwide lockdowns has generated a reduction in the number of hospital visits for preventive care, leading to a dip in medical imaging services for the

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Facebook convinced Apple to drop App Store fee for paid events feature

  • Facebook said on Friday that businesses holding online paid events on the social platform will be able to avoid Apple’s 30% fee through the end of the year.
  • Previously, Facebook said it could not get Apple to budge on its policy, which stipulates that the iPhone maker takes up to a 30% cut on transactions made through the App Store.
  • Now, Apple will allow Facebook to use its own payment system called Facebook Pay, enabling businesses to avoid the commission rate.
  • Apple’s App Store fee has been at the center of antitrust concerns surrounding the tech giant.
  • Visit Business Insider’s homepage for more stories.

Little more than a month after Facebook called out Apple for collecting its App Store fee on a new feature aimed at helping small businesses, the iPhone maker is changing course.

Facebook announced on Friday that businesses hosting paid events on the social platform will be

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OnePlus 8 gets $100 price drop as OnePlus 8T looms

oneplus-8-4

The OnePlus 8 is on sale, but that doesn’t make it a good buy right now. 


Angela Lang/CNET

OnePlus is dropping the price on most of its OnePlus 8 phones Friday, though those interested may want to wait. 

On Amazon and the company’s website, the 128GB OnePlus 8 is now $599 (down from $699) while the 256GB version is $699 (down from $799). T-Mobile’s OnePlus 8 5G is similarly down to $600, though Verizon’s OnePlus 8 5G UW (which adds support for the carrier’s millimeter-wave 5G network) remains at $800. 

The OnePlus 8 Pro has similarly seen a price drops in recent weeks, with the 128GB version currently going for $799 on OnePlus’ site and the 256GB model dropping to $899(both phones getting a $100 discount). 

Although the price drops seem

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Spanish Mountain Gold: Assessing The Technical Damage After The Drop (OTCMKTS:SPAZF)

It’s been a rough couple of weeks for investors in the gold (GLD) sector as the metal has slid more than 10% off its new all-time highs. Unfortunately, this has transformed the relentless bids under gold juniors into a flood of sell orders, with many explorers falling 25% from their highs. Spanish Mountain Gold (OTCPK:SPAZF) has been one of the hardest-hit names to date, with a 40% correction in barely two months. While this decline has made the valuation more reasonable, it’s left some dents in the technical chart, with strong resistance stacked overhead. Based on the relative weakness vs. peers and an inferior project across many metrics, I continue to see better opportunities elsewhere in the sector.

(Source: Company Website)

We’ve seen a sharp fall from grace for Spanish Mountain since August, and the severity of this drop shouldn’t be surprising. The ~ $100 million

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