Technology stocks are one factor driving Dow Jones Industrials down to the largest intra-day point drop in history. Tom's Guide Editor-In-Chief Mark Spoonauer explains the factors he sees contributing to this volatility.
"All day its really felt like a roller coaster," says Spoonauer. Apple closed on Monday down 2.5 percent.
Apple was one percent off in terms of iPhone sales in its latest earnings report. Spoonauer explains when looking at the average sale price it told the story there were more people than maybe some of the doubters thought were interested in the iPhone X.
Lisa Callahan, the vice president of programs, told Cheddar about the Orion spacecraft set to aid the NASA Artemis project achieve its goals of returning to the moon and using it as a jumping-off point for a manned Mars mission.
These are the headlines you Need 2 Know for Monday, March 16, 2020.
Bitcoin is currently trading at $5,364, about 40 percent up from a low of $3,858 late Thursday night – the lowest since May 2019.
Matt Desch, Iridium Communications' CEO, spoke to Cheddar from the Satellite 2020 conference in DC, a day before the event was cut short when the city declared a state of emergency.
The automakers and parts suppliers had already been reeling from the spread of coronavirus in China, the largest single market for cars and trucks, accounting for about 30 percent of global auto sales.
Quibi, short for "quick bites," is slated to launch on April 6. To compel people to believe in his vision, Jeffrey Katzenberg and his team have been shelling out cash to get star power to come on board. According to people with knowledge of the deals, projects are getting payouts of $8 million to $15 million each.
The international body has developed a two-pronged approach in its battle against incorrect info — partnering with social media platforms to direct users to reliable sources and finding and responding to inaccurate rumors or falsehoods circulating the internet.
Stocks are tumbling again Wednesday, and indexes lost more than 4 percent to wipe out their huge gains from a day earlier as Wall Street keeps reeling on worries about the coronavirus.
These are the headlines you Need 2 Know for Wednesday, March 11, 2020.
Marketing dollars are often among the first on the chopping block — and even giants like Alphabet and Facebook are expected to feel its effects.
