At the time of publication, along with other major cryptocurrencies, Cardano has plunged by 13.97% in the last 24hrs and is now trading at $0.465. ADA, Cardano Blockchain’s native currency, is now sel...
Tag: Plunge
Crypto Stocks Decline in Pre-market Trading Following Bitcoin Plunge
Several crypto-oriented stocks regressed in Friday’s pre-market trading, after a promising start to August as lead crypto BTC also fell. Crypto stocks have once again taken a nosedive, with the latest...
Cineworld Shares Plunge More Than 50% After Report Of Looming Bankruptcy, AMC Falls
Topline The world’s second largest movie theater chain and owner of Regal Cinemas, UK-based Cineworld Group, saw its stock plunge over 60% on Friday after The Wall Street Journal reported that the com...
Bitcoin and Ethereum Plunge as Merge Rally Cools Off: This Week’s Crypto Recap
Things took a turn for the worse in the past seven days as the leading cryptocurrencies plunged. The total market capitalization is down some $115 billion in seven days as multiple leading coins dropp...
Billionaire Yang Huiyan’s Country Garden Warns Profit Will Plunge 70% Amid China’s Property Crisis
Country Garden’s Fengming Haishang residential development in Shanghai, China, on July 12, 2022. Qilai Shen/Bloomberg Country Garden Holdings—controlled by billionaire Yang Huiyan and her family...
Dow Falls 200 Points, Stocks Lose Steam After Target Profits Plunge
Topline The stock market fell on Wednesday, with the recent rally on Wall Street taking a breather as investors assessed the latest batch of retail earnings—particularly a sharp drop in profits from T...
Sea’s Stock Plunge Adds to Forrest Li’s $17 Billion Wealth Drop From Peak
(Bloomberg) — Sea Ltd. posted a bigger loss than expected and withdrew its 2022 e-commerce forecast, joining other online giants struggling to gauge an increasingly uncertain global economic out...
Oil Prices Plunge To Six-Month Low As New Data Shows China Economy Unexpectedly Deteriorated Last Month
Topline Oil prices plummeted to the lowest level in months on Monday morning after worse-than-expected data from China showed its economy unexpectedly slowed last month—fueling concerns that weaker ma...
Jeremy Grantham still expects the S&P 500 to plunge by 50% from its peak — here are 3 recession-proof stocks in his portfolio to help limit the pain
Jeremy Grantham still expects the S&P 500 to plunge by 50% from its peak — here are 3 recession-proof stocks in his portfolio to help limit the pain Many investors hope that the stock market has f...
Endo Shares Plunge On Imminent Bankruptcy Filing
The Wall Street Journal Revlon Names Interim CFO Amid Bankruptcy Process Revlon is changing out its top finance executive roughly two months after filing for bankruptcy protection. Revlon, owner of br...
Vertex Energy Shares Plunge After Q2 Results
Benzinga Louisiana-Pacific Shares Slip Post Q2 Results Louisiana-Pacific Corp (NYSE: LPX) reported a second-quarter FY22 sales decline of 3% year-on-year to $1.13 billion, missing the consensus of $1....
Reversal From $0.075 May Plunge Prices By 7%
Published 6 hours ago While the crypto market is going through a slow yet steady recovery, the DOGE/USDT pair rallying with higher low formation reflects growth in bullish momentum. However, the coin ...
Crypto Miners Have Seen Their Profits Plunge
The crypto winter is really wreaking havoc on crypto miners everywhere. While large scale miners are still doing “ok” in the general scope of things, those who have simply made mining a hobby and who ...
Cathie Wood’s Ark Invest Buys $60 Million In Nvidia Stock After Chipmaker’s $40 Billion Plunge
Topline Cathie Wood’s Ark Invest splurged on shares of Nvidia on Monday after the gaming-focused chipmaker warned it likely missed revenue projections last quarter—doubling down on a lofty investment ...
Hodlnaut Halts Customer Withdrawals, Becomes Latest Exchange To Plunge Into Crisis
Hodlnaut stopped offering exchange services on its platform on Monday, citing liquidity crisis and the need to discuss a recovery strategy with a legal advisory firm as the industry battles to survive...
Analysts Predicts Bitcoin Will Plunge Shortly But Suggest Buy Bitcoin
It is no secret that many cryptos have been experiencing a price plunge. As of June 18, the price of the world’s largest digital currency, Bitcoin, fell to about $17,622. This data was taken from Bina...
Crypto Market to Plunge Hard, Inflation Rise Can Have a Brutal Effect on Crypto Prices
The crypto market was in joy as the broader market had entered the recovery phase where major cryptocurrencies had gained their key price levels. However, today the crypto space has yet again stepped ...
Speculators and Crypto Traders Blamed for Naira’s Plunge, Kenyan Institutions Told to End Dealings With Nigerian Fintechs, CAR Token Sale off to Slow Start – Africa Bitcoin News
In this week’s Africa news highlights, the Nigerian central bank blames speculators for causing the local currency’s plunge to a new all-time low on the parallel market. In Kenya, the central bank has...
Ethereum is Up 20% in a Week as ETH Gas Price Plunge 51.41% – crypto.news
The price of Ethereum went from $980 to $1,743 due to the excitement surrounding the upcoming merger. As we enter the second month of Q3 2022, there is a high chance that the price will fall in the $2...
Tesla stock is far overvalued and could plunge more than 50%
Tesla stock is inflated and could lose more than half of its value, according to Citi analyst Itay Michaeli. In a note to clients, Michaeli reiterated a sell rating on Tesla’s stock on with a $4...
Robinhood Brings The Axe Down On 780 Employees As Shares Plunge 50%
Robinhood Markets announced Tuesday plans to render another 23% of its workforce jobless – just months after the app-based brokerage let go of 9% of its employees. On Tuesday, Robinhood said it was la...
Credit Suisse hit with stock and credit downgrades after earnings plunge
Speculation has emerged in recent months that Credit Suisse may be considering a capital raise. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse shares slipped on Wednesday after Goldman Sa...
BTC Resumes Consolidation, Will it Plunge Below $23K?
The Bitcoin price prediction shows that BTC is trading at $23,346 as the coin seems to be preparing for a bullish movement. Bitcoin Prediction Statistics Data: Bitcoin price now – $23,346 Bitcoin mark...
U.S. And Chinese Stocks Plunge As Tensions Escalate Before Pelosi’s Visit To Taiwan
Topline Global stocks tanked ahead of House Speaker Nancy Pelosi’s planned visit to the democratically governed island of Taiwan on Tuesday, a move which has led to rising tensions with China and that...
Bitcoin May Plunge Below $19000 Soon, Will BTC Price Remain Consolidated Under $30,000 Until the End of 2022?
Bitcoin price is currently consolidating just below $24,000 after facing rejection at $24,400 during the previous trading day. Despite the current consolidation, the asset displays huge possibilities ...
China Home Sales Plunge in July, as Mortgage Revolt Deters Buyers
A nascent two-month recovery in China’s home sales ended in July, as a widespread mortgage revolt over concerns that ailing property developers wouldn’t be able to deliver still-unfinished apartments ...
El Salvador buys back bonds amid Bitcoin’s plunge
The President of El Salvador, Nayib Bukele, is planning to buy back $1.6 billion in bonds amid a persistent recession in the cryptocurrency market. The price of Bitcoin has plunged by nearly 70% from ...
Intel Stock Will Plunge Further, Analyst Says
Text size Intel posted June-quarter financial results that fell far short of Wall Street estimates. David Paul Morris/Bloomberg Bernstein doesn’t believe Intel ’s troubles are behind it after the chip...
Nirvana Attack Made ANA and NIRV Plunge Over 80%—Protocol Urged Hacker to Return Funds
Broader crypto market is showing uptick while everything is not well for Nirvana Finance. Nirvana Finance requested the hacker to return the stolen funds back. On July 28, Solana based def...
Fuel cell-powered truck maker Hyzon’s stock suffers record plunge after accounting questions raise delisting fears
Shares of Hyzon Motors Inc. were suffering a record plunge toward a record low Friday, after the maker of fuel cell-powered trucks disclosed a “myriad of issues,” including accounting regularities tha...