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October 23, 2025 Economy by ORANEC

Cipher Mining (CIFR) Loses 10.87% as Bitcoin Falls Hard

We recently published Market Shockers: 10 Stocks Collapse by Double Digits . Cipher Mining Inc. (NASDAQ:CIFR) is one of the best performers on Wednesday.Cipher Mining dropped it share prices by 10.87 percent on Wednesday to close at $16.11 apiece as investor sentiment was primarily dragged by an overall market pessimism due to renewed trade tensions between the US and China.Cipher Mining Inc. (NASDAQ:CIFR) fell in tandem with its Bitcoin mining peers, namely CleanSpark,  BitFarms, and Hut 8 Corp., after the cryptocurrency dropped to the $107,000 territory during the day.The overall market sent…

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October 23, 2025 Economy by ORANEC

Intuitive Machines (LUNR) Gets Battered by Market Pessimism

We recently published Market Shockers: 10 Stocks Collapse by Double Digits . Intuitive Machines Inc. (NASDAQ:LUNR) is one of the best performers on Wednesday.Intuitive Machines extended losses for a second day on Wednesday, shedding 10.49 percent to close at $11.35 apiece, in line with the broader market as investors flocked to safety amid renewed tensions between the US and China.Market sentiment weakened after President Donald Trump’s announcement that he would impose export curbs to China made with US software.According to a report by Reuters, the restrictions would impact a broad range of …

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October 22, 2025 Economy by ORANEC

41-year-old fashion watch retailer files Chapter 15 bankruptcy

The retail sector has faced growing economic challenges since the Covid-19 pandemic, leading to financial distress, store closings, and bankruptcy filings.Among the issues retailers have faced are higher costs of labor and products driven by rising inflation, increased interest rates on their debt obligations, changing consumer preferences for brick-and-mortar retail shopping, and lingering effects of Covid-19.The Trump administration added another economic issue earlier this year with additional tariff levies on foreign goods, which increased the costs of certain retail items.Financially dist…

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October 22, 2025 Economy by ORANEC

Trump Again Says Modi Agreed to Ease Russian Energy Buys

(Bloomberg) -- President Donald Trump said Prime Minister Narendra Modi assured him during a phone call Tuesday that India would wind down purchases of Russian oil, a possible reprieve to their trade impasse.Most Read from BloombergPritzker Slams Chicago Mayor’s Plan for Tax on Big PayrollsMTA to Sell $230 Million of Debt Amid Tolling Plan Legal FightWhat Comes After the ‘War on Cars’?Cruise Ships Show South Korea’s Struggle to Host Global LeadersTrump said at the White House during a Diwali celebration that the two leaders had “talked about a lot of things, but mostly the world of trade — he’…

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October 22, 2025 Economy by ORANEC

Okta (OKTA): Exploring Valuation as Cybersecurity Risks and AI Threats Gain Focus

A reported outage at Okta (OKTA) is putting cybersecurity vulnerabilities in the spotlight just as the company faces a growing landscape of AI-driven threats. CEO Todd McKinnon addressed these challenges in an interview with Bloomberg and emphasized their increasing importance for investors.See our latest analysis for Okta.Shares of Okta have seen notable swings lately, with a 1.28% gain over the past day but a 4.20% decline in the last month. Despite some choppiness, the long-term picture is brighter, with a 20.83% one-year total shareholder return and an even stronger 53.40% over three years…

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October 22, 2025 Economy by ORANEC

China’s $1 Billion of Daily US Exports Show Xi Bargaining Power

(Bloomberg) -- Six months into Donald Trump’s trade war, the resilience of Chinese exports is proving just how essential many of its products remain even after US levies of 55%.Every day, about a billion dollars worth of goods is crossing the Pacific from China to the US, with the amount ticking up in September from August. Despite double-digit drops in the value of overall trade during the past half a year, some products have recently seen an increase from 2024, defying trade strains between Beijing and Washington.Most Read from BloombergPritzker Slams Chicago Mayor’s Plan for Tax on Big Payr…

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