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NWN Carousel Named Largest & Fastest Growing Private Technology Services Company in Massachusetts by the Boston Business Journal
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Exactech Accelerates International Expansion of Its Newton™ Balanced Knee Technology
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2023-05-17 01:22

Bitcoin price dramatically crashes amid market worries
Bitcoin’s price has crashed dramatically, amid what seems to be a broader worry in the financial markets. The world’s biggest cryptocurrency has fallen more than 7 per cent over the last 24 hours, and almost 12 per cent in the last week. Other large digital currencies saw similar falls, though not as stark. Ethereum, the second biggest cryptocurrency by market cap, has lost around 10 per cent of its value in the last week. The troubles mean that the crypto market as a whole is down 5.7 per cent over the last 24 hours, according to tracking website Coinmarketcap. Trading volumes increased sharply, too, and were up almost 80 per cent over the last 24 hours. Thursday’s drop in the price of the cryptocurrency was the biggest one day fall since November 2022. That happened when large exchange FTX collapsed, sending shockwaves through the crypto markets and leading to widespread fears. This time around, there was no obvious connection to events in the cryptocurrency market. Instead, investors seemed concern about the economy more generally, and more traditional assets were also hit by falls in recent days. Wall Street’s main indexes fell on Friday, extending declines to the fourth session on a drag from megacap growth stocks, as evidence of a resilient U.S. economy fanned fears of interest rates staying higher for longer. The three main US stock indexes are on track for sharp weekly losses as a spate of strong economic data, including a fall in weekly jobless claims, caused investors to dial back expectations of rate cuts and drove up government bond yields. The yield on the 10-year Treasury note hit a ten-month high of 4.328 per cent in the previous session and came within a whisker of its highest level since 2007. “The drivers really have been of late the rising Treasury yields and that is signaling a more risk-off investor sentiment,” said Art Hogan, chief market strategist at B Riley Wealth. “Investors are looking at (better-than-expected economic data) and saying the Fed likely isn’t restrictive enough yet.” Traders see a nearly 91% chance of the Fed holding rates at current levels at its September meeting, according to the CME Group’s FedWatch tool. On Friday, rate-sensitive big technology and growth stocks such as Apple, Microsoft, Tesla and Nvidia slipped between 0.7% and 2.8% even as Treasury yields took a breather. The communication services and technology sectors housing major growth stocks fell 1.6% and 1.0% respectively. The tech-heavy Nasdaq hit an over two-month low and is set to post the biggest weekly declines of the three major indices, down 3 per cent so far. The CBOE volatility index hit its highest in nearly three months, reflecting rising investor anxiety. Additional reporting by Reuters
2023-08-19 00:24

Get a refurbished MacBook Pro for $300
TL;DR: As of Sept. 6, get a refurbished MacBook Pro for only $299.99 (reg. $980.00)
2023-09-06 17:45

Raijintek Arcadia III Review
Companies tend to put their marketing dollars behind their more profitable products, which may be
2023-08-29 06:22

How tall is Overtime Megan? TikTok star's height compared to her boyfriend NHL player Cole Schwindt
TikTok star Overtime Megan is passionate about sports and frequently shares content related to NHL, NFL and NBA
2023-08-19 22:54

Score a Fire TV stick for under $20 this Prime Day
SAVE 58%: As of July 11, Amazon's Fire TV Stick is on sale for its
2023-07-12 03:51

FIFA 23 Premier League TOTS Upgrade SBC: How to Complete
FIFA 23 Premier League TOTS Upgrade SBC is now live requiring two segments. Here's how to complete the SBC containing a guaranteed PL TOTS player.
2023-05-11 01:22

Time-lapse that took 20 years to make shows legendary stellar explosion
Scientists have spent 20 years putting together time-lapse footage offering a stunning window into the past. Two decades of data taken from NASA’s Chandra X-ray Observatory were used by astronomers to create a video of a stellar eruption that actually occurred 180 years ago. Observations from Chandra, taken in 1999, 2003, 2009, 2014 and 2020 were all used, in combination with data from ESA’s XMM-Newton spacecraft. With the combined data, experts were able to capture the stellar explosion, known as Eta Carinae. Eta Carinae is a famous star system containing two large stars, one of which is around 90 times larger than the Sun, while the other is around 30 times as large. The “Great Eruption” from Eta Carinae is believed to be the result of the merging of two stars that were originally part of a three-star system. Eta Carinae Time-Lapse, Chandra X-ray Observatory www.youtube.com It first took place in the mid-19th century and the aftermath is still continuing to be observed today. New footage shows how the explosion has expanded into space with staggering speeds of up to 4.5 million miles per hour. In a statement, NASA officials explained: “During this event, Eta Carinae ejected between 10 and 45 times the mass of the sun. This material became a dense pair of spherical clouds of gas, now called the Homunculus Nebula, on opposite sides of the two stars.” The Homunculus Nebula is the blue cloud visible in the video, while the growing bright orange ring shows how X-ray emissions have grown and expanded over time. “The new movie of Chandra, plus a deep, summed image generated by adding the data together, reveal important hints about Eta Carinae’s volatile history,” the statement read. “This includes the rapid expansion of the ring, and a previously-unknown faint shell of X-rays outside it.” Sign up to our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
2023-09-28 18:52
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