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Tag: Rout
Three Of China’s Richest Lose More Than $16 Billion In One Day As Stock Rout Hits Hong Kong-Listed Companies
Tencent cofounder Pony Ma Huateng (Photo by Visual China Group via Getty Images/Visual China Group … [+] via Getty Images) Visual China Group via Getty Images The heavy selloff in Hong Kong stoc...
China’s Tech Rout Deepens Amid Lockdown, Geopolitical Worries
(Bloomberg) — The relentless selloff in Chinese technology stocks continued in Hong Kong on Monday as a lockdown in Shenzhen, a key sector hub, added to investor angst over geopolitical and regu...
Moderna Erases $52 Billion in Value as Rout Deepens to 50%
(Bloomberg) — Moderna Inc.’s shares have dropped 50% this year as investors pulled back from Covid-19 healthcare stocks and staged a broader rotation out of growth names. Most Read from Bloomber...
Russia Bans Foreigners From Selling Securities as Rout Deepens
(Bloomberg) — The Bank of Russia has banned brokers from selling securities by non-residents starting today in a bid to shield the nation’s assets from sweeping Western sanctions that include pe...
BlackRock Is Among Russia Bond Holders Tangled in $15 Billion Rout
(Bloomberg) — BlackRock Inc., Capital Group Companies and Legal & General Group Plc are the top holders of Russia’s dollar bonds, which lost almost half their value this week, according to d...
China Tech Rout Resumes on Policy Jitters Before Alibaba Results
(Bloomberg) — Chinese technology stocks tumbled by the most in seven weeks, tracking a broader selloff due to tensions in Ukraine, with investors weighing the risk of further regulatory tighteni...
Russian Stock Market Rout Wipes Out $250 Billion in Value
(Bloomberg) — Russian assets nosedived as military attacks across Ukraine prompted emergency central bank action and investors braced for the toughest round of Western sanctions yet, wiping out ...
Tech investors are suffering the second stocks rout of the COVID pandemic—and Wall Street thinks it could get far worse
Towards the end of 2020, once we learned a COVID-19 vaccine was ready for the masses, Wall Street began to warn investors of a new markets dynamic. High-growth tech stocks would fall out of favor with...
BTC/USD Orbiting 40000 Figure After Rout: Sally Ho’s Technical Analysis 20 February 2022 BTC
Bitcoin (BTC/USD) remained on the defensive early in the Asian session as the pair continued to orbit the psychologically-important 40000 figure after recently trading as low as the 39425.07 level, it...
Bitcoin (BTC) Price Slips Below $40k As Crypto Rout Continues
The currency, which has been steadily declining through the week, fell 0.3% to $39,994, hovering around two-week lows. It had briefly breached the key $40,000 mark on Friday, having slumped more than ...
Ken Griffin’s Citadel fund gains nearly 5% during January’s tech rout
Ken Griffin, Founder and CEO, Citadel Mike Blake | Reuters Billionaire investor Ken Griffin’s hedge funds scored gains in January despite the tech rout that crushed the market, as the spike in v...
Berkshire, SoftBank Early Paytm Bets Sour After Stock Rout
(Bloomberg) — The collapse in the shares of Paytm following India’s largest initial public offering is proving an expensive lesson for the firm’s early backers. Most Read from Bloomberg Paytm sh...
Cathie Wood’s ARK Faces Loyalty Test After Tech-Stock Rout
Cathie Wood says the high-risk stocks in the exchange-traded funds sold by ARK Investment Management LLC are so cheap that they will inevitably rise. A surprising number of investors are willing to gi...
History Says Federal Reserve-Induced Stock Rout Won’t Last
TOPSHOT – Peter Tuchman, floor trader, reacts as he works on the floor during the opening bell on … [+] the New York Stock Exchange on March 9, 2020 in New York. – Trading on Wall St...
Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout
Weekly NFT sales dipped 13% Ethereum-based NFT compilation Azuki took the week’s top sales Azuki’s weekly sales jumped 1.23% Last week, non-fungible token (NFT) deals stayed solid while crypto resour...
Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout – Market Updates Bitcoin News
Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven...
IMF warns crypto rout could lead to systemic risk, backs Fed digital coin
The International Monetary Fund says cryptocurrencies and stocks are likely to see more volatility, with the Federal Reserve set to raise interest rates, and as increasing correlations between the two...
Goldman, Citi Strategists Say It’s Now Time to Buy Stocks Rout
(Bloomberg) — After a selloff that put global stocks on course for their worst month since the start of the pandemic, strategists from Goldman Sachs Group Inc. to Citigroup Inc. say it’s now tim...
Moderna stock continues to rout; as the fight between bulls and bears continue
Moderna, Inc. (NASDAQ:MRNA), one of the two major providers of the Covid-19 inoculations that rallied during the pandemic, has lost about 40% of its value since the beginning of January, putting it on...
NFT market continues to shrug off broader macro rout
advertisement As macro anxieties ripple through cryptocurrencies and stock indexes, the market for non-fungible tokens continues to see meaningful gains in floor prices and volumes. Stocks gyrated du...
Retail investors played a big role in both wild market rout and the reversal, data suggests
If you didn’t look at the markets until 4:05pm on Monday, not much happened. January 24 was “one of those days that will look like a blip in the market’s historical record,” DataTrek’s Nicholas Colas ...
Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows – Economics Bitcoin News
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current moneta...
Strategists Who Predicted This Market Rout Also See More Selling
(Bloomberg) — The strategists who saw this miserable stock rout coming say there’s still more pain ahead. Most Read from Bloomberg With the S&P 500 sliding more than 10% from recent records,...
10 popular stocks that have been shredded during Nasdaq rout
Monday’s stock market rout brings with it a fresh wave of major selling pressure in some of the buzziest names in the market that in part, helped drive equities to records in 2021. A simple scr...
Jim Chanos Says He’s Worried About Retail Traders in Current Rout
(Bloomberg) — Retail traders on platforms including Robinhood are reminiscent of the day traders of 1999 and 2000 — and “it’s a little bit frightening,” short-seller Jim Chanos said. Most ...
Morgan Stanley Strategist Who Called China Rout Still Won’t Buy
(Bloomberg) — Jonathan Garner is a notable holdout in a market where an increasing number of strategists have turned bullish on Chinese stocks. Most Read from Bloomberg Having warned about valua...
Bitcoin rout ‘not over yet’ as risk aversion hammers crypto, stocks
Bitcoin (BTC-USD) plunged by over 10% to below $40,000 on Friday, with the rest of the cryptocurrency market following suit as risk aversion created a downdraft for markets, ahead of the Federal Reser...
Crypto-Exposed Stocks Sink Amid Bitcoin’s Decline, Broader Market Rout
Cryptocurrency stocks were also falling amid a broader stock market rout, with technology shares bearing a brunt of the recent downtrend. The tech-heavy equity index Nasdaq has fallen 5% this week and...
Microstrategy, Block, PayPal Stocks Stumble Alongside Crypto Rout
The cryptocurrency market has been in freefall in recent weeks. Per CoinGecko, Bitcoin and Ethereum are down 9.6% and 14.2% in the last seven days. Other prominent cryptocurrencies—like Solana and Do...