(Bloomberg) — Tesla Inc. erased all of its gains from the past 17 months as investors continue to sell off the stock in the wake of Chief Executive Officer Elon Musk’s purchase of Twitter Inc. M...
Tag: 17Month
Bitcoin resistance mounts pre-FOMC as Dogecoin sets 17-month BTC high
Bitcoin (BTC) stayed motionless at the Nov. 1 Wall Street open as traders rooted for clues over a possible direction. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hopes of a breakout re...
Legendary Trader Peter Brandt Says Meme Token Dogecoin (DOGE) Has Ended 17-Month Long Downtrend
Veteran analyst and crypto trading legend Peter Brandt says meme token Dogecoin (DOGE) has technically broken the trend that has kept the coin bearish for nearly a year and a half. Brandt, who is know...
Unemployment back to 3.5%; New nonfarm payroll jobs at 17-month low
One thing is absolutely certain – the Fed will not be taking its foot off the gas. Jerome Powell will opt for an unprecedented fourth 75 bps hike during the November meeting. At the heart of the matte...
Ford U.S. sales jump in June to buck industry declines, but stock falls toward 17-month low
Shares of Ford Motor Co. F, -1.60% dropped 4.6% toward a 17-month low in morning trading Tuesday, even after the automaker reported a year-over-year jump in U.S. vehicles sales for June despite ongoin...
Bitcoin’s inverse correlation with US dollar hits 17-month highs — what’s next for BTC?
Bitcoin (BTC) has been moving in the opposite direction of the U.S. dollar since the beginning of 2022 — and now that inverse relationship is more extreme than ever. Bitcoin and the dollar go in oppos...
China’s national real estate development continues 17-month drop shrinking over $20 billion YoY
While most of the attention regarding China is related to the more recent Covid lockdowns in Shanghai and Beijing, the slump in the housing market observed since January of 2021 will most likely have ...
Boeing hits 17-month low on ‘messier-than-expected’ Q1
Boeing Co (NYSE: BA) slid more than 10% on Wednesday to a 17-month low after reporting broadly disappointing results for its fiscal first quarter on weakness in commercial and defense. Notable figures...
Walt Disney stock heads for 17-month low as Florida, streaming troubles weigh
Shares of Walt Disney Co. DIS, -2.34% slumped 2.3% in afternoon trading, putting them on track for the lowest close in 17 months, after Florida lawmakers reportedly approved a bill to end a special ta...
Bitcoin’s Correlation With S&P 500 Reaches 17-Month High
However many times Bitcoin has been called “digital gold,” the world’s largest cryptocurrency now appears to be mimicking something else: stocks. According to data tracked by crypto ...