(Bloomberg) — Goodyear Tire & Rubber Co. suffered its worse loss since Black Monday in 1987 after the company said inflationary pressures are likely to continue this year, tarnishing a quart...
Tag: Plunges
Dow Plunges Over 400 Points, Oil Prices Surge Amid Fears That Russia Will Soon Invade Ukraine
Topline Markets plunged Friday after the White House said Russia could invade Ukraine “any day now,” including during this month’s Winter Olympics, a prospect which led panicked investors to dump stoc...
Dow Plunges 500 Points As ‘Market Anxiety’ Returns After Latest Inflation Surge
Topline The stock market plunged on Thursday after a worse-than-expected inflation reading—with consumer prices spiking 7.5% in January—raised investor concerns that the Federal Reserve could tighten ...
China’s holiday box office plunges theaters raise movie ticket prices
Moviegoers line up in front of promotional posters for Chinese Lunar New Year films in Shanghai on Feb. 1, 2022. Costfoto | Future Publishing | Getty Images BEIJING — Chinese consumer spending on movi...
Snap Stock Plunges On Facebook Report| Investor’s Business Daily
Snap (SNAP) and Pinterest (PINS) both tanked in after-hours trading Wednesday, following a fourth-quarter earnings report from Facebook parent Meta Platforms (FB) that missed estimates across the boar...
Spotify plunges after Q4 earnings on weak guidance amid Rogan outcry
Editor’s Note: This post is breaking and will be updated Spotify (SPOT) reported fourth quarter financial results on Wednesday that beat Wall Street expectations — although the stock plunged aft...
PayPal Stock Plunges As 2022 Profit Outlook Misses Estimates
PayPal Holdings (PYPL) reported fourth-quarter earnings that fell short of expectations while total payment volume also came in below estimates. PayPal stock plunged as 2022 profit guidance missed as ...
Terra’s Token Luna Plunges by 25% as Panic Around MIM Stablecoin Aggravates
Arman Shirinyan TIME, MIM and LUNA tokens and coins suffer from Wonderland drama Contents MIM funding issues Wonderland expels Sifu The previously market-leading token, Luna, has lost more than 25% of...
Robinhood crypto revenue plunges for Q4
Crypto revenue for Robinhood has declined to $48 million in Q4 2021 was a successful year for Robinhood as it accumulated significant profits during the pandemic The company missed the $55 million Wa...
Terra (LUNA) Plunges While Crypto Market Remains in Limbo
Alex Dovbnya Concerns surrounding the sustainability of the Anchor protocol are exerting selling pressure on Terra (LUNA) The price of Terra (LUNA) is down over 16% over the last 24 hours, according t...
WDC Stock Plunges On Mixed Quarterly Results
Western Digital (WDC) reported fiscal second-quarter earnings late Thursday that included an outlook well short of estimates and announced a new chief financial officer. WDC stock plunged. X The compa...
Teradyne stock plunges nearly 20% after earnings guidance misses
Teradyne Inc.’s first-quarter financial guidance fell short of Wall Street projections, sending shares down nearly 20% in after-hours trading to $115.03. The company projected 71 cents to 93 cents a s...
Mortgage refinance demand plunges 13% as interest rates climb
A home for sale in Susanville, CA. Gary Coronado | Los Angeles Times | Getty Images Rising interest rates are causing big headaches for mortgage lenders, especially those who depend most on refinance ...
Defi plunges to 21% in 2 Weeks with TVL as $255.84 Billion
Since January 4, 2022, the value of decentralized finance (DeFi) has fallen by 21.22 percent. The TVL in defi has lost $54.29 billion in value during the first week of January. The total value locked ...
As stock market plunges, a star money manager says the Fed is making a mistake by focusing on rates. Here’s what Scott Minerd says it should do instead.
The Federal Reserve is under the gun as the market plunges ahead of its first rate-setting meeting of 2022, and at least one star money manager says that the central bank could be making a policy erro...
NYC Mayor takes pay cut as cryptocurrency market plunges
Eric Adams will take his first three paychecks in BTC & ETH The mayor’s salary amounts to $258,750 a year He’ll find to difficult to spend his cryptocurrency Indeed, even amidst a crypto droop, Ne...
Bitcoin price plunges drastically as RSI reaches most ‘oversold’
Bitcoin price has refused to stem recent losses Lower weekend volume was poised to deliver some classic erratic moves Bitcoin open interest still has not flushed Analysts identified that a source of s...
El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months – Featured Bitcoin News
El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a ...
SHIB Plunges 27%; Burning Another 75.8 Million Tokens Doesn’t Help Price Hold
Yuri Molchan Shiba Inu stumbles by almost 30 percent, while the community continues to burn SHIB tokens Twitter account @shibburn has spread the word that in the past twenty-four hours another large a...
$353 Million Worth of Crypto Liquidated in Hours as Bitcoin Plunges to $38,000
Alex Dovbnya Bitcoin has collapsed to the lowest level in six months The price of Bitcoin plunged to an intraday low of $38,250 on the Bitstamp exchange on Friday, reaching its lowest level since earl...
Netflix Stock Plunges 20% Following Disappointing Earnings Report
Topline Netflix shares dropped 20% in after-hours trading Thursday following the release of its fourth-quarter earnings report, which exceeded analysts’ expectations on some counts but continued a tre...
Ethereum Plunges, Can Buyers Save The Key $3K Support?
Ethereum extended decline below the $3,100 support zone against the US Dollar. ETH price must stay above $3,000 to avoid a sharp decline. Ethereum extended decline below the $3,120 and $3,100 levels. ...
Shiba Inu (SHIB) Plunges below $15 Billion Market Cap Level
Known as the Dogecoin killer, Shiba Inu (SHIB) faced extreme selling pressure in the last few months after a retail frenzy pushed the price of the digital asset to a record high of $0.000088 in Octobe...
Polygon price analysis: MATIC plunges towards $2 key support
TL;DR Breakdown Polygon price lowered more than 5 percent on the day to move as low as $2.09 Price dropped significantly after reaching $2.4 resistance yesterday to form bearish outlook With current d...
Bitcoin Price Plunges Again, Expect a Range-Bound Consolidation For The Short-Term – Coinpedia – Fintech & Cryptocurreny News Media
Bitcoin price yet again fell into the same deep well below $42K and may continue to plunge to the lower levels in the upcoming days. While the asset’s next move is pretty unsure, then it is expected t...
Bitcoin Price Plunges below $40,000, as Global Crypto Market Sell-Off
On Monday January 10, Bitcoin plunged its price below $40,000 for the first time since September 2021. The negative record therefore heightened a bear trend that began six weeks ago. Today, the lowest...
SHIB Plunges 17% Weekly as Downtrend Accelerates
Key Support level: $0.000027 Key Resistance level: $0.000029 Last Saturday, SHIB fell to $0.000027, making a lower low which reconfirmed the downtrend. At the time of this post, SHIB appears to have f...
$810 Million Worth of Longs Liquidated as Bitcoin Price Plunges to $43,000
Arman Shirinyan Almost $1 billion worth of orders have been liquidated on the cryptocurrency market Contents Bitcoin hashrate drop Price action leave traders unsatisfied Following a major cryptocurren...
Bitcoin Plunges below $43,000, Crypto Market Loses $200 Billion
Bitcoin has started 2022 under extreme selling pressure. The crypto asset has plunged by more than 12% in the first 6 days of the year. The recent correction on Wednesday has pushed the price of the d...