Credit Suisse Group’s largest shareholder, Saudi National Bank (SNB), has announced that it will not purchase additional shares in the Swiss bank on regulatory grounds. SNB Chairman Ammar Al Khudairy ...
Tag: Plunge
Attention Traders- ‘Dead Cat Bounce’ is Approaching- Will Bitcoin (BTC) Plunge to its Initial Levels?
The crypto markets have thrived in the past few days, with multiple events fueling the upswing. The global market cap increased by more than 10%, reaching levels above $1.1 trillion from lows of aroun...
Lumen’s stock follows record annual decline with another steep plunge this year
Lumen Technologies Inc. isn’t exactly in the best company among the S&P 500’s laggards this year. Of the eight worst-performing names in the index so far in 2023, seven are beaten-down bank stocks...
Let’s Unlock KeyCorp’s Plunge to See If It Opens the Door to Opportunity
Bank holding company KeyCorp (KEY) seemed to be in the eye of the recent turmoil in the banking sector as the share price of the regional bank name has quickly cut in half in a few weeks. Let’s ...
Stock Futures Plunge as Market Craves Stability amid Banking Crisis
With the collapse of SVB, many commentators have been echoing the phrase that no firm is “too big to fail.” Uncertainty has continued to grip active players in the United States stock market with futu...
Regional bank stock plunge creating key entry point for investors, top analyst says
The dramatic drop in regional bank stocks is a key entry point for investors, according to analyst Christopher Marinac. Marinac, who serves as Director of Research at Janney Montgomery Scott, believes...
Biggest Plunge in Bond Yields Since Volcker Era on Bank Fears
(Bloomberg) — The shift in short-term interest rate markets Monday was unlike almost anything seen for more than four decades, including even the 2008 financial crisis and the aftermath of the S...
Bitcoin Price to Plunge Back Below $4,000, Peter Schiff Predicts
Alex Dovbnya Peter Schiff, the CEO of Euro Pacific Capital and an ardent critic of Bitcoin, has predicted a steep decline in the value of the world’s largest cryptocurrency, suggesting that it w...
A $13 Billion Plunge in Bond Sales Hints at Pain for EM Credit
(Bloomberg) — The pipeline of company debt from emerging markets is running dry as major central banks continue to raise borrowing costs and investors grow increasingly wary after a series of hi...
Litecoin registers this milestone despite a huge liquidity plunge
Litecoin maintains strong transaction volume on BitPay earning second place after Ethereum. LTC bears dominate while the network hash rate takes a stab at historic highs. Litecoin (LTC) is celebrating...
Bitcoin Could Plunge To $13k Amid Deterioration In Demand, Silvergate Collapse: JPMorgan
JPMorgan Chase & Co. is a multinational financial services corporation based in the United States. It is the largest bank in the United States and the largest bank in the world in terms of market ...
Crypto Market Crash: Altcoins Plunge as Crypto Whales Offload Holdings
The cryptocurrency market is known for its volatility, and the past few days have been no exception. Some altcoins have been experiencing a massive sell-off, and the reason behind it may be the whales...
Bond Yields Plunge Most Since 2008 as Traders Rethink Fed Path
(Bloomberg) — Government-bond yields fell the most since since 2008 after a US bank failure spurred traders to reassess the outlook for additional Federal Reserve rate hikes. Most Read from Bloo...
First Republic, PacWest Plunge Amid Wider Bank-Stock Selloff
(Bloomberg) — First Republic Bank and PacWest Bancorp both plunged Friday as the upheaval at SVB Financial Group spread to other lenders. Most Read from Bloomberg Shares of First Republic tumble...
US bank woes? Silicon Valley Bank stocks plunge 1 day after Silvergate downfall
Fears have been heightened over the future of another United States bank this week after Silicon Valley Bank (SVB) announced a significant sale of assets and stocks aimed at raising additional capital...
Centrica share price could plunge by ~11.2%, chart pattern shows
Centrica (LON: CNA) share price has been in a consolidation phase in the past few weeks. The stock has been hovering near its all-time high of 107p as investors reflect on last year’s strong performan...
Shiba Inu and Dogecoin plunge amidst the neutral market trend
Bitcoin (BTC) and Ethereum (ETH) have remained flat in the last 24 hours as the blue-chip cryptocurrencies suggest a neutral outlook after taking support just above the previous support level, which m...
What’s in Store for the Bitcoin (BTC) Price This Week-Will it Surge or Plunge Hard?
The price of bitcoin continues to fluctuate within the lower band that it established during the recent sell-off triggered by Silvergate, a bank that supported cryptos. The price was believed to trigg...
Silvergate terminates crypto payments network as shares plunge to record low
Crypto bank Silvergate has discontinued its digital assets’ payment network because it is a “risk-based decision.” The announcement comes after the bank’s stock fell over 59% last week due to fears of...
Silvergate Bank Terminates Crypto Payments Network as Shares Plunge to Record Low – Featured Bitcoin News
Silvergate Bank has discontinued its cryptocurrency payments network. The decision to shut down Silvergate Exchange Network followed the withdrawal of banking relationships by several major cryptocurr...
Top Reasons Why the Crypto Market May Plunge This Weekend!
The crypto markets have been on a roller coaster ride since the beginning of 2023, as the price has varied largely. The first two weeks witnessed a massive jump that raised the price by more than 40%....
Leon Cooperman warns that stocks could plunge 22% from here — he’s using these 2 stocks for protection
For those pining for the year’s early bull run to pick up steam again, take heed. One well-known investing sage thinks that is completely unlikely to happen. Billionaire investor Leon Cooperman thinks...
Bitcoin News Today: BTC Price Ready for a Massive Drop-May Plunge Below $20K Soon
Bitcoin price is attempting to rebound from the lower trend despite massive selling pressure that has been mounted up. While market experts believe the price may rebound and rise finely, the BTC price...
Nikkei 225 forecast as Fast Retailing and Recruit stocks plunge
Japan stocks have moved sideways in the past few weeks as concerns about the global economy remain. The closely-watched Nikkei 225 (NI225) index was trading at ¥27,412, which was a few points below th...
Carvana Shares Plunge on Quarterly Loss, Analyst Warnings
(Bloomberg) — The walls are closing in on online used-car dealer Carvana Co., whose disappointing quarterly results sent the stock into freefall Friday and triggered a string of warnings from an...
Dow Falls 700 Points—Biggest Plunge Of 2023
Topline Subpar profit outlooks from two of the nation’s largest retailers fueled a broad decline in stock prices Tuesday, as investors increasingly heed the calls that this year’s rally may be little ...
Stock Market Likely Set For Another Plunge As Economic Warning Signs Abound, JPMorgan Cautions
Topline Despite growing hopes the U.S. may ultimately avoid an anxiously anticipated recession, JPMorgan economists are warning clients that a flurry of indicators are still flashing increasingly eeri...
Lithium’s Plunge Is Pitting Cathie Wood Against Sector Veterans
(Bloomberg) — Lithium’s recent price collapse and the prospect that supply from new mines could accelerate the slump are stoking fierce debate in the electric-car battery industry. Most Read fro...
Is Bitcoin Price Preparing For A Plunge To $20K Or A Bullish Trend Continuation? Here’s What BTC Traders Can Expect
As the crypto market entered the second month of 2023, investors witnessed noticeable volatility in the Bitcoin price chart. After an enjoyable bullish session in January, BTC price is now recording m...
Coinbase Revenue Could Plunge More Than 75% Amid Crypto Slump
Coinbase Global, Inc. (COIN), the second-largest cryptocurrency exchange by trading volume, likely logged a fourth consecutive quarter of losses as transaction revenue plummeted and crypto prices stag...
Crypto Live Price Today: This is How Altocins Reacted with the Bitcoin Price Plunge!
Bitcoin delayed the breakout beyond $25,000 as it faced a significant rejection and dropped below $24,000 While some altcoins thrived high, some of them fell into a deep bearish well, losing more than...
The S&P 500’s Rally Is in Question. It Doesn’t Mean Stocks Will Plunge.
Investors just don’t feel confident about stocks’ rally over the past few months, but the market could still hold up well this spring. The S&P 500 has risen about 15% since early October, when it ...