The Texas Rangers’ offseason undeniably produced some eye-popping news. Corey Seager — $325 million. Marcus Semien — $175 million. Jon Gray — $56 million. With a new stadium built and a farm system headed toward rebuilt, the moves heralded an intent to win again. So as the 2022 team fades into the background with a …
Employees working on an air-conditioner production line at a Midea factory in Guangzhou, China. Jade Gao | AFP | Getty Images BEIJING — China reported data for July that came in well below expectations. Retail sales grew by 2.7% in July from a year ago, the National Bureau of Statistics said Monday. That’s well below …
China’s consumer and factory data miss expectations in July Read More »
An artist illustration of the InSight lander on Mars. InSight, short for Interior Exploration using Seismic Investigations, Geodesy and Heat Transport, is designed to give the Red Planet its first thorough check-up since it formed 4.5 billion years ago. Credit: NASA/JPL-Caltech Physics connects seismic data to properties of rocks and sediments. A new analysis of …
Surprise, Surprise: Subsurface Water On Mars Defies Expectations Read More »
Ohio State will continue to play a lot of defensive linemen this season, but don’t expect the Buckeyes to rotate as heavily at linebacker or in the secondary. During an appearance on Big Ten Network on Thursday, new Ohio State defensive coordinator Jim Knowles said he thinks the Buckeyes can rotate eight to 10 defensive …
Credit: NASA/JPL-Caltech A new analysis of seismic data from NASA’s Mars InSight mission has revealed a couple of surprises. The first surprise: the top 300 meters of the subsurface beneath the landing site near the Martian equator contains little or no ice. “We find that Mars’ crust is weak and porous. The sediments are not …
The Walt Disney Co. powered up a strong June quarter, highlighted by a 14.4 million gain in Disney+ streaming subscribers and a robust rebound in theme park revenue — topping Wall Street expectations on most metrics. Disney+ paid customers stood at 152.1 million as of July 2, the end of the conglomerate’s third quarter of …
Disney Beats Quarterly Expectations, Disney+ Soars to 152 Million Subscribers Read More »
Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Brandon Bell | Getty Images The consumer outlook for inflation decreased significantly in July amid a sharp drop in gas prices and a growing belief that the rapid surges in food and housing also would ebb in the future. …
Shares of Nvidia Corp. were tumbling more than 5% in morning trading Monday after the semiconductor company disclosed that it expects to fall well short of revenue expectations for its latest quarter, largely due to gaming weakness. The company expects fiscal second-quarter revenue of $6.7 billion, up from $6.5 billion a year before, whereas analysts …
Nvidia stock tumbles after company says revenue fell way shy of expectations Read More »
Bank of America, Goldman Sachs, Morgan Stanley, and other banks have predicted a recession on the horizon. But it’s too early to tell how severe it will be and predictions are likely skewed by the last two recessions. Economists told Insider they didn’t think a recession would be as severe as 2008 or 2020, but …
Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jiemian News | VCG | Getty Images Alibaba reported fiscal first-quarter earnings on Thursday that beat …
Alibaba shares jump 7% after quarterly earnings beat expectations Read More »