The implosion of Adani’s empire has been the biggest stock news of this week, as I wrote in this report. Companies in Gautam Adani’s empire have shed over $108 billion in value, dragging his net worth...
Tag: implodes
Zomato share price implodes amid lingering concerns
Food delivery stocks are still struggling as concerns about their business model, profitability, and competition remain. In India, Zomato (ZOMATO) share price plunged by more than 10% on Wednesday, br...
Virtual Ponzi Scheme Implodes – Cryptocurrency Masterminds Are Missing
Virtual implosion getty The virtual investment promises were compelling: High return, no inflation risk, complete safety, absolute privacy, and immediately transferable to anywhere. Moreover, there wa...
Terra Temporarily Halts Blockchain As LUNA Hyperinflates and Implodes 99% in One Day
Terra temporarily halted its blockchain as its native asset LUNA suffered through extreme hyperinflation and price collapse. The embattled algorithmic stablecoin protocol halted the blockchain on Thur...