Shares of SVB Financial Group SIVB, +0.16% plummeted 30.6% to pace all of the S&P 500’s SPX, +0.14% premarket losers on Thursday, which puts them on track for the worst one-day performance in 23 y...
Tag: OneDay
Sea Founder Reaps $915 Million One-Day Gain With Surprise Profit
(Bloomberg) — Sea Ltd.’s stunning 22% pop tacked on more than $900 million to the personal wealth of founder Forrest Li, a vindication for the Chinese-born internet tycoon who presided over the ...
What’s Next for Bitcoin After Biggest One-Day Price Pop in 2 Months?
The consumer price index (CPI) slipped 0.1% in December, roughly inline with expectations for a flat reading. On an annualized basis, the CPI was higher by 6.5%, inline with expectations and down from...
Bitcoin exchange inflows see biggest one-day spike since March 2020
Bitcoin (BTC) exchanges have seen huge volumes this month as price declines lead to renewed interest in trading. Data from sources including on-chain analytics firm Glassnode shows exchange inflows hi...
Oracle Shares Skid in Biggest One-Day Slump This Year
(Bloomberg) — Oracle Corp. shares had their worst day this year, snapping two weeks of gains, after a Berenberg analyst initiated coverage on the software company with a hold rating. Most Read f...
Should you invest in the S&P 500 index after the biggest one-day percentage drop in two years?
The US inflation report released two days ago triggered a sharp move lower in the US equity markets. Also, the US dollar’s bullish trend resumed. So aggressive was the selling that the S&P 500 ind...
2-year Treasury yield sees biggest one-day drop since July after U.S. jobs report
U.S. Treasury yields moved lower Friday, handing the 2-year rate its biggest one-day drop in more than a month, after the August nonfarm payrolls report had traders paring expectations for an aggressi...
Bitcoin Eyes $28k With A One-day Breakout
Bitcoin eyes $28,000 after a major breakout from the 1D 50 EMA resistance with a good volume. The Crypto market looks bullish on the low timeframe as major cryptocurrencies and altcoins gain relief bo...
Gasoline Prices in US See Biggest One-Day Drop Since 2008
(Bloomberg) — Gasoline prices in the US just saw the biggest single-day drop in more than a decade. Most Read from Bloomberg Average US pump prices fell by 3.1 cents to $4.721 a gallon overnight...
The Snap CEO’s memo caused another tech stock plunge—and the worst one-day loss in company history. Here’s why it freaked everyone out
Tech stocks had another terrible showing on Tuesday, but it wasn’t because of the release of new economic data or a bad earnings report. The dark day was largely the result of a single memo from Snap’...
Stocks Will Be in Bear Market Until a One-Day, 5%-6% Drop, Gartman Says
(Bloomberg) — Dennis Gartman says U.S. stocks are and will be in a bear market until a one-day “violent, downward movement” signals that prices have reached bottom. Most Read from Bloomberg “We’...
Amazon stock plunges 14% in biggest one-day drop since 2006
Even mega-cap tech giant Amazon couldn’t bear up against the macroeconomic headwinds that imperiled Corporate America last quarter. Shares of Amazon (AMZN) plunged 14% on Friday, marking the retail be...
Stock futures are little changed after S&P 500’s best one-day rally since 2020
Traders on the floor of the NYSE, Feb. 28, 2022. Source: NYSE Stock futures were little changed in overnight trading Wednesday after the major indexes posted sharp gains as commodity prices cooled. Fu...
One-Day $10 Billion Profit Erases Turkey Central Bank Losses
(Bloomberg) — Turkey’s central bank posted an extraordinary daily profit of around $10 billion on the final day of 2021, sparking questions on what caused this overnight boon that will trickle d...
FedEx stock enjoys biggest one-day gain in 36 years after raising dividend more than 50% in agreement with activist investor
FedEx Corp. stock soared 14.4% Tuesday for the biggest one-day gain in about 36 years, after the company raised its quarterly dividend by 53% as part of a new agreement with activist investor D.E. Sha...