(Bloomberg) — Credit Suisse Group AG shares plunged and credit default swaps were near a distressed level after its biggest shareholder ruled out any additional support. Most Read from Bloomberg...
Tag: Sinks
US Regional Banks Remain Under Pressure as First Republic Sinks
(Bloomberg) — The positive effect from the American regulators’ overnight support actions in the banking system quickly evaporated on Monday morning, with stocks signaling that fallout from the ...
BTC Under $20,000 as ETH Sinks Below $1,400 on Friday – Market Updates Bitcoin News
Bitcoin fell below the $20,000 level for the first time since January, as markets continued to react to the liquidation of Silvergate Bank. This comes ahead of a pivotal U.S. nonfarm payrolls report, ...
SVB sinks wiping $61B in market value off bank stocks
Jittery investors got another scare on Thursday after Silicon Valley Bank announced plans for $1.75 billion in common stock and depository shares. SVB shares lost 60.4%, the largest percentage drop si...
Signature Bank’s Stock Sinks 10% as Silvergate Prepares to Shut Down
Shares of Signature Bank fell Thursday after Silvergate, another leading bank for crypto firms, said it plans to wind down operations. Signature’s stock price fell upwards of 10% to around $92.40 per ...
Bitcoin Sinks Back to $21,000 Triggering $159 Million in Liquidations
Bitcoin is sinking back to lows not seen since January amid ongoing sell pressure spurred by Silvergate woes and hawkish central bank policy. Sinking below $21,000, the crypto market underwent over $...
Silvergate Short Bets Amass $780 Million Payday as Crypto Bank Sinks
(Bloomberg) — Short sellers are making a fortune by loading up on bets against struggling crypto-friendly bank Silvergate Capital Corp. Most Read from Bloomberg Shares have plunged roughly 98% f...
EOS sinks beneath the POC, but could the buyers force a reversal?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The volume profile tool showed EOS has lost a cri...
Brazil’s Petrobras Sinks on Fears It Will Cut Dividends, Subsidize Fuel
(Bloomberg) — Brazil’s state-controlled oil company Petrobras sank on growing concerns that it will slash dividends and start subsidizing fuel under President Luiz Inacio Lula da Silva. Most Rea...
Dogecoin [DOGE] sinks to support zone as momentum turns bearish
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Dogecoin sank to a strong support zone. A reversa...
ETH sinks to lows of $1,581 as bears heighten grip – Cryptopolitan
Ethereum price analysis shows a bearish trend, with ETH sinking to lows of $1,581 as bears heighten their grip. The digital asset’s price has been on a downward slide for the past few days and this tr...
Shiba Inu Sinks, But Moves In A Bandwidth
Feb 25, 2023 at 10:00 // Price The price of Shiba Inu (SHIB) is currently in a bearish trend zone. Shiba Inu price long term forecast: bearish The crypto price fell below the 21-day line SMA on ...
3M stock sinks toward 10-year closing low, and longest losing streak in nearly 4 months
Shares of 3M Co. MMM, -1.02% fell 1.6% in afternoon trading Friday, putting them on track for a 10-year closing low, as the maker of Scotch adhesives, Command hooks, N95 masks and Post-it Notes, conti...
Warner Bros. Discovery sinks on earnings miss, weak advertising revenue
Warner Bros. Discovery (WBD) reported disappointing quarterly results after the bell on Thursday as the company continues to grapple with increased cord cutting, more streaming competition, and a doub...
Dogecoin [DOGE] sinks below $0.085, here’s where buyers can set their bids
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Dogecoin bulls were unable to defend the mid-rang...
Home Depot Sinks Stock Market; S&P 500 Breaks Support
Stock market indexes tested February lows in the first half of Tuesday’s session after profit warnings from Dow Jones retailers Walmart (WMT) and Home Depot (HD). Superpower machismo on Ukraine ...
SHIB Burn Rate Sinks as Shiba Inu Price Continues to Stay in Red
Yuri Molchan Amount of burned Shiba Inu tokens has shown sharp drop Contents Shib army keeps burning tokens, price still in red New approximate date of Shibarium launch announced The Shiba Inu burn ra...
Coinbase drops 8% as CEO Armstrong calls out SEC; Silvergate sinks 5%
Crypto-related stocks sold off at the open, with Coinbase and Silvergate leading the drop. Coinbase shares fell over 8% to $63 by 11:15 a.m. EST, according to Nasdaq data. Last night Coinbase CE...
Bitcoin Sinks Below $23,000 as Crypto Regulation Scrutiny Intensifies
Bitcoin (BTC) is again under pressure as the leading cryptocurrency briefly sank to a four-week low of $22,408 on Thursday morning before climbing back to prices of around $22,715 by press time, accor...
Bed Bath & Beyond stock sinks 45% on plans to raise $1B
Bed Bath & Beyond’s (BBBY) stock sank more than 45% on Tuesday, a day after the embattled retailer announced an equity offering to raise as much as $1.025 billion. One analyst labeled the co...
Stock Futures, Asian Shares Struggle; Adani Sinks: Markets Wrap
(Bloomberg) — US and European equity futures dropped as disappointing earnings from Apple Inc., Amazon.com Inc. and Alphabet Inc. weighed on market sentiment. Most Read from Bloomberg Asian shar...
Ford sinks after Q4 profits miss expectations, CEO says $2 billion left on the table
Ford (F) shares sunk late Thursday after the automaker reported fourth quarter profits that missed expectations and CEO Jim Farley said the company “should have done much better last year.”...
ETH Falls Below $1,600 as Relative Strength Sinks – Market Updates Bitcoin News
Ethereum moved below $1,600 on Jan. 25, with bears selling previously overbought cryptocurrencies. After days of uncertainty, sentiment shifted in crypto markets, with a red wave washing away recent b...
Nordstrom sinks after retailer posts weak holiday sales
Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Shares of Nordstrom fell Thursday, after the department store chai...
Tesla stock sinks on fresh Model 3 and Model 7 price cuts
So much for that Tesla stock (TSLA) bounce. Shares of the EV maker fell more than 4% in pre-market trading on Friday amid fresh U.S. price cuts for the Model 3 and Model Y. The stock had rallied about...
Bitcoin dominance sinks as altcoins rise
According to recent on-chain data, altcoin volume dominance has reached its highest level since January 2021, while bitcoin’s dominance is at its lowest in years. Altcoin dominance on the rise, bitco...
Lyft stock sinks 30% after sales outlook falls short of $1 billion
Lyft Inc. posted record revenue for a second consecutive quarter Thursday, but the company’s worse-than-expected forecast tanked its stock in extended trading. Lyft LYFT, -3.16% expects first-quarter ...