Text size FuelCell reported revenue of $43.1 million for its fiscal third quarter. Jung Yeon-je /AFP via Getty Images FuelCell Energy shares traded lower Thursday as the producer of units that make el...
Tag: Falls
Bitcoin Falls Below $19K for the First Time In 2 Months
For the first time since U.S. Independence Day, Bitcoin has fallen below $19,000. The biggest cryptocurrency by market cap was trading for $18,841 at the time of writing, according to CoinMarketCap. ...
Ethereum Classic falls 13%; Cardano founder recommends Ergo for POW
Ethereum Classic (ETC) fell by 13.33% since Sept. 6 after Cardano‘s (ADA) founder Charles Hoskinson suggested Ethereum miners shift to Ergo while Ethereum’s founder Vitalik Buterin said that ETC’s wel...
Oil Boom Falls Flat in Region With a Fifth of World’s Reserves
(Bloomberg) — From Saudi Arabia to West Texas, drillers are pumping more oil to cash in on a scorching price rally. But a region that’s home to a fifth of the world’s crude reserves is mostly mi...
Oil price falls to lowest since Ukraine invasion in blow to Putin
Putin Oil Price Russia – Sergei Bobylyov/AFP Oil prices have tumbled back to levels last seen before Russia’s invasion of Ukraine in a blow to Vladimir Putin and Saudi Arabia as the heavyw...
El Salvador’s Bitcoin strategy yet to take off as BTC falls 60% in a year since its adoption
It’s been a year since El Salvador became the first country in the world to adopt Bitcoin (BTC) as a legal tender. The decision was considered a footprint for the rest of the countries intending to go...
Oil Drops, Gas Falls Below $8, DXY Up, Bitcoin Down – Trustnodes
The dollar strength index (DXY) has crossed 110 for the first time since 2002, and is just 10 away from an all time high since 1984. For much of its rise however, a rule of sorts developed whereby if ...
Bitcoin Takes Late Dive Below $19K, Ether Falls as Merge Countdown Begins
●Bitcoin (BTC): $18,843 −4.6% ●Ether (ETH): $1,576 −0.7% ●S&P 500 daily close: 3,906.28 −0.5% ●Gold: $1,712 per troy ounce +NaN% ●Ten-year Treasury yield daily close: 3.34% +0.1 Bitcoin, ether and...
Dow Falls Nearly 200 Points As ‘Gloomy’ Investors Brace For Higher Interest Rates
Topline The stock market fell in volatile trading on Tuesday, adding to sharp losses in recent weeks as investors assessed the latest round of better-than-expected economic data, which points to more ...
Cardano experiencing falling momentum as Dogecoin falls below Polkadot
The ADA is currently estimated at $17.1 billion, as per the data of CoinMarketCap. The hard fork is predicted to amend its Plutus Script. The Cardano (ADA) rally has calmed, with the token dropping by...
Euro Falls as Worsening Energy Shock to Test ECB on Rates
(Bloomberg) — The intensifying energy crunch in Europe is putting further pressure on the euro after Russia shut off key gas taps, signaling a cold and difficult winter ahead for businesses and ...
British Pound Falls to Lowest Level Since 1985 as U.K. Economic Pain Mounts
Updated Sept. 4, 2022 5:41 pm ET Listen to article (2 minutes) The British pound slid to its lowest level against the U.S. dollar since 1985, a reflection of the U.K. economy’s dire economic situation...
Dow Falls 200 Points Despite Solid Jobs Report, Stocks On Track For Third Straight Week Of Losses
Topline The stock market tanked on Friday despite the August jobs report coming in slightly lower than expected and dropping significantly from last month, which did little to ease investor concerns a...
Oil falls Due to USD and China Lockdowns; Gold Nears $1700
As China continues to struggle in its battle against the COVID pandemic and concerns of a worldwide recession mount as rates rise, crude oil prices are plummeting. OPEC+ is expected to discuss output ...
Bitcoin Price Falls Below $20K, While Ethereum Holds $1,500 Levels Due To Upcoming Network Merge
After trading in a range for most of the week, Bitcoin fell below the $20k mark today while Ethereum held onto support at $1,500. Since September is typically a sluggish month historically, BTCUSD is ...
Dow Falls Over 200 Points As Stocks Kick Off September With More Losses
Topline Stocks moved lower on Thursday—adding to recent declines in August—as investors continue to worry about a period of prolonged rate hikes from the Federal Reserve, while market experts warn of ...
Okta stock falls despite increased forecast, earnings beat
Okta Inc. shares fell in late trading Wednesday despite revealing an increase in the software company’s annual outlook and reporting a better quarter than Wall Street expected. Okta OKTA, +0.26%, whic...
Mortgage demand falls even further, as rates shoot back up to July highs
A real estate consultant shows a condo to a prospective buyer in Miami, Florida. Joe Raedle | Getty Images After falling back earlier this month, mortgage rates began rising sharply again to the highe...
DWAC Stock Falls On Trump Company Merger Delay Disclosure
Digital World Acquisition Corp. (DWAC) shares dropped Tuesday after shedding 8% Monday as federal filings show more troubles for the special purpose acquisition company and its attempted merger with f...
Dow Falls 300 Points, Bond Yields Surge As Investors Bet On More Rate Hikes
Topline Stocks fell for a third day in a row on Tuesday as the recent summer market rally continues to fizzle out, with investors growing nervous about more big interest rate hikes from the Federal Re...
Dow Jones Reverses; Elon Musk Makes This Twitter Move; Coinbase Falls As Bitcoin Rises
The Dow Jones Industrial Average saw a rally attempt fail as the stock market continued to struggle. Tesla (TSLA) CEO Elon Musk subpoenaed a key former Twitter employee as his takeover fight took anot...
Dow Falls 200 Points—Market Selloff Continues As Investors Worry About Higher Interest Rates
Topline The stock market moved lower once again on Monday—following a sharp selloff on Friday—as investors continue to worry about ongoing interest rate hikes and tighter monetary policy from the Fede...
AVAX Falls 20% After Publication of “Evil Conspiracy” Investigation
Gamza Khanzadaev AVAX price under pressure due to recent accusations of attacking rivals using extremely dirty methods CryptoLeaks published an article saying that Ava Labs, the crypto start-up develo...
Ethereum (ETH) Price Falls Sharply Despite Merge Set for Early September
Despite the Ethereum merge being expected to reduce emissions by 88% and potentially make ETH deflationary, the price has fallen considerably in August. Ethereum has been falling underneath a descend...
Bitcoin Falls Below $20K, When Will It Fend Off Dollar’s Jump
Bitcoin prices fall below $20,000 for the first time since the start of July. It has continued to slip, with prices falling by another 1% in the last 24 hours. It s currently trading at $19.8K. Ethere...
Bitcoin Falls to $19.6K as Investors Continue to Mull Fed Chair’s Comments
The largest cryptocurrency by market capitalization was recently trading at $19,600, down more than 2% over the previous 24 hours. Ether, the second largest crypto in market value was recently changin...
Bitcoin falls below $21,000, ether plunges more than 7%: Today in markets
The crypto market was in the red on Friday, in line with broader financial markets. Bitcoin is down over 4% in the past 24 hours, trading at $20,689 at the time of writing, Coinbase data show. Elsew...
Can Bitcoin Community Sustain Another Hit? Bitcoin Falls in September
While writing this article Bitcoin is trading at $21,441 and Ethereum is trading at $1662. Ethereum reached a high of $2022 on August 14th, the previous month. Ethereum’s protocol upgrade ‘Merge’ is ...
Gold falls 0.6% after Fed Chair comments and ECB’s 75 bps rate hike
Gold price was struggling to hold above $1,717 an ounce on Thursday afternoon following a dip from intraday highs above $1,728 to lows of $1,711 an ounce, this as a soaring US dollar and US Treasury y...