The Dow Jones Industrial Average reversed lower after another key inflation report — the producer price index — arrived Wednesday in the wake of a stock market plunge from a hot consumer price index r...
Tag: reverses
Loeb reverses course on push to get Disney to spin off ESPN
Dan Loeb Justin Solomon | CNBC Activist investor Dan Loeb indicated that he’s going to retreat from his push to get Disney to spin off ESPN, reversing a position he had pushed less than a month ...
Dow Jones Reverses As Stock Market Hits Critical Support Level
The Dow Jones Industrial Average reversed lower Tuesday morning, threatening to add to recent losses heading the final two sessions of August. The stock market faces an important test, as the major st...
Dow Jones Reverses; Elon Musk Makes This Twitter Move; Coinbase Falls As Bitcoin Rises
The Dow Jones Industrial Average saw a rally attempt fail as the stock market continued to struggle. Tesla (TSLA) CEO Elon Musk subpoenaed a key former Twitter employee as his takeover fight took anot...
LEO Reverses Trend After Significant Gain, TAMA Aims for Better Performance
LEO has rallied significantly within the past few days, yet it is still within the reach of further upside gain. Precisely, this crypto has moved from around $4.700 to $5.400. However, there has been ...
Polkadot Price Prediction for Today, August 20: DOT Reverses Southward
Polkadot Price Prediction – August 20After a long range of northward movement, Polkadot now reverses southward, trading against the purchasing power of the US Dollar. The crypto market in the last thi...
Bitcoin Reverses CPI-Induced Rally, Drops Below $22K
Bitcoin prices have recently climbed to almost $25,000 from $22,800 in hopes that inflation has peaked and the Federal Reserve will slow the pace of interest-rate increases in the U.S., as well as ado...
Albemarle Earnings Outlook Rockets, But ALB Stock Reverses Lower
Albemarle (ALB) handily beat Q2 earnings estimates after Wednesday’s close, then massively raised its full-year outlook. ALB stock jumped at the open on Thursday, then reversed lower, despite th...
Will XTZ Reverses From $1.85 Mark?
Published 7 hours ago Tezos price analysis indicates receding bullish momentum from the higher level placed near $1.85. The level formed a multiple resistance barricade for the buyers and poses challe...
July Inflows Highest in 2022 as Weakness From June Reverses
After record inflows of $343 million for the week ending 22 July, CoinShares’ latest report highlights another set of strong inflow numbers for the month of July. The report finds that the strongest s...
Cathie Wood Watch: Ark Reverses Course, Buys Shopify
Renowned investor Cathie Wood, chief executive of Ark Investment Management, in Tuesday trading reversed her stance on two major technology companies. For months she had been buying Coinbase Global (...
Stock futures are flat after Dow reverses course to start busy earnings week
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Stock futures were flat after the Dow Jones Industrial Average slumped mor...
Stock Market Reverses Higher As Powell Testifies; This Growth Index Plunges 3.6%
Stock market indexes reversed higher after opening lower Wednesday, as Fed Chairman Jerome Powell made a report on monetary policy to Congress. Oil stocks continued to slide, however. X The Nasdaq com...
UK Government Reverses Stance on Data Collection of Self-Custody Crypto Wallets
The United Kingdom’s finance ministry is issuing new guidance on when crypto businesses can collect identifying information relating to self-custody wallets. After extensive consultation, the UK Treas...
Cathie Wood Watch: Ark Reverses Course on Electric-Vehicle Titan Tesla
The prominent investor Cathie Wood, chief executive of Ark Investment Management, reversed course on a big electric-vehicle maker in her May 23 trading. Ark also bought and sold some familiar names. A...
Crypto.com reverses LUNA profits made after a trading glitch
The downward spiral for the LUNA token resulted in massive price instability, volatility and congestion. This resulted in many crypto exchanges halting LUNA and UST trades. Crypto.com was among the fe...
Crypto.com reverses faulty LUNA trades by users
Crypto.com was one of only a handful of exceptional crypto trades to keep LUNA exchanges open Terra’s demise saw an unrecoverable value crash of LUNA and stablecoin UST A specialized error on Crypt...
Crypto.com unblocks users, reverses glitched LUNA trades that made 30-40x
Crypto.com was one of the few crypto exchanges to keep LUNA trades open as Terra’s death spiral saw an unrecoverable price crash of LUNA and stablecoin UST. However, a technical glitch on Crypto.com’s...
CryptoCom Reverses LUNA Trades From May 12th
In the aftermath of Terra (LUNA)’s price collapse, multiple crypto exchanges have begun preventing users from buying or selling the token. However, Crypto.com has taken measures a step further, opting...
AXSM Stock Reverses Its Good Fortune On A Roadblock For Its Migraine Drug
Axsome Therapeutics (AXSM) says it expects the Food and Drug Administration to reject its migraine treatment, leading AXSM stock to crumble on Monday. X In a filing with the Securities and Exchange Co...
Biden reverses Trump move to open up more oil drilling in Arctic
A polar bear sow and two cubs are seen on the Beaufort Sea coast within the 1002 Area of the Arctic National Wildlife Refuge. U.S. Fish and Wildlife Service | Reuters The Biden administration on Monda...
Dow Jones Falls; Twitter Reverses Amid Elon Musk ‘Circus,’ Tesla Stock Dives; Shipping Play Offers Entry
The Dow Jones Industrial Average fell late while the Nasdaq took a tumble. Twitter (TWTR) reversed, with an analyst saying now is the time to sell due to the Elon Musk takeover “circus.” T...
Dow Jones Falls; Twitter Drops As Elon Musk Reverses Decision To Join Board
The Dow Jones Industrial Average opened lower, while tech stocks bore the brunt of selling Monday morning. The 10-year Treasury yield continued to rise, on pace to extend a win streak to seven session...
Elon Musk Reverses Decision to Join Twitter Board after 9.2% Stock Purchase
The Twitter stock surged by 30% after news emerged that Elon Musk had acquired a stake in the company, and another 10% surge came after his appointment to the board was announced. SpaceX and Tesla CE...
3 Top S&P 500 Stock Market Gainers Today: Medicals Lead As This Sector Reverses Hard
Edwards Lifesciences (EW), Illumina (ILMN) and Newmont Mining (NEM) were the top three S&P 500 index gainers on the stock market today. J.B. Hunt Transport Services (JBHT), Old Dominion Freight Li...
Bitcoin price analysis: BTC quickly reverses, returns above $46,000
TL;DR Breakdown Bitcoin price analysis is bullish today. BTC/USD retraced to retest previous highs as support yesterday. A strong rally began during the second half of the day. Bitcoin price analysis ...
Axie Infinity (AXS) price reverses course with 50%+ gain ahead of Origin launch
Play-to-earn (P2E) gaming was one of the hottest sectors in the cryptocurrency market in 2021 and based off the recent moves of Yuga Labs and Bored Ape Yacht Club, the gaming industry could continue t...
NFL Reverses Course on Blockchain Sponsorships, Keeps Ban on Crypto and Token Deals
The NFL announced today that it will allow teams to seek limited three-year sponsorships from blockchain companies, but the league kept in place a ban on promotions featuring a coin or token. “C...
Deutsche Bank reverses course on Russia, says it will unwind business there
A Deutsche Bank AG flag flies outside the company’s office on Wall Street in New York. Mark Kauzlarich | Bloomberg | Getty Images Deutsche Bank said Friday that it was winding down its operation...
Bitcoin’s Biden Spike Gone, Price Reverses Following 8% Gain
Bitcoin (BTC) has retraced significantly today, a day after recording an 8% gain in response to President Biden’s executive order. Bitcoin, like the rest of the crypto market, is under pressure, falli...
This Week in Coins: Bitcoin Reverses Rally as LUNA and NEAR Surge
This week in coins. Illustration by Mitchell Preffer for Decrypt. Like last week, the news cycle was dominated by Russia’s invasion of Ukraine, and market leader Bitcoin suffered knock-on effects from...