Tag: points

SHOPPING

Gilas loss to Jordan learning experience ahead of World Cup

Maria B. White

CHICAGO – The beating was swift and decisive. Early and brutal.

Jordan 33. Philippines 14.

And the deficit sank deeper to 16-41 at the 7:56 mark of the second quarter.

Unlike Lebanon, which traveled without its four best players and had no appetite to compete during a 107-96 loss last Friday, it was clear that the Jordanians came to play.

And Gilas wasn’t ready. Didn’t have the energy and enthusiasm.

The fault is not in our stars and players. The blame lies in those not wearing shorts. Gifting the opponents a 19-point head start reflects a lack of preparation that the coaching staff is responsible for.

Gilas struggled to defend Jordan’s pick-and-roll and it took an entire half for coach Chot Reyes to realize that June Mar Fajardo, who went scoreless in 11 minutes and 45 seconds of action, was a liability against the much more nimble Jordanians.

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JEWELRY

STOCK MARKET NEWS: Nasdaq slides on Micron warning, CPI inflation data on tap

Maria B. White

U.S. stocks were trading cautiously early Tuesday morning as investors await the release of July consumer price index reports. 

Stocks wavered Monday as investors reviewed a series of earnings reports for insight into the impact of higher inflation on companies and consumers. 

The S&P 500 fell 5.13 points, or 0.1%, to 4140.06. The Nasdaq Composite retreated 13.10 points, or 0.1%, to 12644.46 after spending much of the afternoon hovering between gains and losses. The technology-heavy index earlier flirted with a potential exit of its bear market. The Dow Jones Industrial Average added 29.07 points, or 0.1%, to 32832.54 points.

Shares of tech giant Nvidia fell $11.96, or 6.3%, to $177.93 after reporting preliminary quarterly revenue below analysts’ forecasts. The company said it expects challenging market conditions to persist in the third quarter. 

Shares of Palantir Technologies lost $1.63, or 14%, to $9.82 after it issued guidance that missed Wall

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