Alibaba (BABA) shares are at 52-week lows, trading at around $92 each during Thursday’s session following JD.com’s (JD) quarterly print and amid renewed worries over Chinese ADRs delisting...
Tag: Sinks
FuelCell stock sinks after wider-than-expected loss, while revenue more than doubles to top forecasts
Shares of FuelCell Energy Inc. FCEL, +0.16% sank 9.0% in premarket trading Thursday, after the maker of fuel cells for clean electric power generation reported a wider-than-expected fiscal first-quart...
Rupee Sinks to Record With Stocks as Ukraine Crisis Boosts Oil
Reuters Videos Drone footage shows ongoing wildfire in South Korea STORY: The government issued a natural disaster alert after a wildfire broke out near the Hanul Nuclear Power Plant in the eastern co...
Lucid Stock Sinks As Tesla Rival Slashes 2022 Production Outlook| Investor’s Business Daily
Lucid Motors (LCID) significantly missed earnings estimates for its fourth quarter late Monday and slashed 2022 production outlook. Earlier, Lordstown Motors (RIDE) joined Nikola (NKLA) in reporting s...
Russia, Ukraine Officials Meet as Ruble Sinks: Ukraine Update
(Bloomberg) — A Ukrainian delegation led by the defense minister began talks with Russian officials on the fifth day of an invasion that triggered a wave of sanctions against Moscow and sent Rus...
3M stock sinks toward longest losing streak in 10 years
Shares of N95 face-mask maker 3M Co. MMM, -0.47% dropped 2.6% in afternoon trading Thursday, to put them on track to suffer the longest losing streak in a decade. The consumer, industrial and health c...
Stock futures are little changed after Dow sinks to its lowest level of the year amid Ukraine crisis
U.S. stock futures were little changed Wednesday evening after the Dow Jones Industrial Average closed at its lowest level of the year amid escalating tensions between Russia and Ukraine. Dow futures ...
3M stock sinks toward longest losing streak in nearly 4 years
Shares of 3M Co. MMM, -1.54% fell 0.8% in midday trading Wednesday, to put them in danger of suffering the longest losing streak in nearly four years, and on track for a 21-month closing low. The cons...
Rackspace’s Quarterly Results Beat Estimates. The Stock Sinks Anyway.
Text size Rackspace’s network operations center. Courtesy of Rackspace Rackspace Technology stock was falling hard as investors responded to financial forecasts that appeared to have overshadowe...
Gold shines as Bitcoin sinks below $37,000, on-chain metrics indicate further trouble ahead
Since Thursday, Bitcoin has lost 20% in value, with Monday’s sell-off tanking its price below $37,000. Over the past week, of the top-100, only Terra-based Anchor Protocol managed to stay green, posti...
Bitcoin (BTC) sinks on mounting Russia-Ukraine tensions
A Bitcoin coin lies on a screen showing the Bitcoin – US dollar exchange rate. Fernando Gutierrez-Juarez | picture alliance | Getty Images Digital currencies took a beating Tuesday as geopolitic...
Cardano (ADA) Price Sinks Below $1; Next Key Levels To Position Your Trades
On February 20th, the Cardano (ADA) price gave a decisive breakout from the yearly support of $1. Until this breakdown, this crucial support didn’t allow a single daily candle closing in the past year...
Nasdaq Sinks Into Death Cross After 16% Drop From November Peak
(Bloomberg) — The Nasdaq Composite Index tumbled into an ominous “death cross” technical formation Friday for the first time since April 2020, when the pandemic battered the global economy and U...
Bitcoin Sinks 7% As Russia-Ukraine Tensions Rise; On-Chain Data Remains Bullish
Bitcoin price update The world’s largest cryptocurrency lost more than 7% over the past 24 hours, trading around $40,700, according to data from CoinGecko. U.S. President Joe Biden warned that there ...
Shopify Stock Sinks Because the Company Sees a Sales Slowdown
Text size Dreamstime Shopify stock tumbled on Wednesday after the e-commerce software company reported fourth-quarter earnings that narrowly beat expectations, but cautioned about revenue headwinds in...
Shopify Stock Sinks as It Sees Revenue Slowdown in First Half of 2022
Text size Dreamstime Shopify stock was dropping Wednesday after the e-commerce software company reported fourth-quarter earnings that narrowly beat expectations, but cautioned about revenue headwinds ...
Bitcoin Leverage Ratio Sinks As Market De-Risks Amid Uncertainties
On-chain data shows the Bitcoin leverage ratio has gone down recently as market de-risks amid macro uncertainties. Bitcoin Leverage Ratio Sharply Falls Down Over The Past Week According to the latest ...
Ford Sinks as Shortages and Commodity Costs Weigh on Profit
(Bloomberg) — Ford Motor Co. shares tumbled the most in almost two years after the automaker missed estimates for quarterly earnings and cautioned it may get off to a slow start to the year due ...
Spotify sinks 20% on disappointing guidance for subscriber growth
Spotify Technology SA (NYSE: SPOT) on Wednesday said its Q4 results topped Street estimates, but shares still tanked 20% in extended trading on disappointing guidance for subscriber growth. What Spoti...
PayPal stock sinks after earnings as inflation, spending pressures weigh on outlook
PayPal Holdings Inc. largely matched expectations for its holiday quarter but shares plunged late Tuesday after the company delivered an earnings forecast that came up shy of expectations. Shares were...
EV manufacturing jumps in UK, overall production sinks to 65-year low
A Nissan Leaf on the forecourt of a dealership in Lincoln, U.K. Chris Ratcliffe | Bloomberg | Getty Images Car production in the U.K. slumped by 6.7% to just 859,575 units in 2021, new figures publish...
Litecoin price analysis: Downswing continues as coin value sinks to $108 low
TL;DR Breakdown LTC price dropped down to $108.26. Litecoin price analysis shows downtrend. Support is still firm at $104.09. The most recent Litecoin price analysis predicts a strong bearish trend fo...
Bitcoin Sinks Below $35,000 Overnight
Bitcoin continued to plunge overnight—briefly dropping below $35,000 to a low of $34,420 on CoinMarketCap—before beginning a slow rebound on Saturday morning. It’s still down almost 10% over th...
Dogecoin Drops to Lowest Price in Nine Months as Crypto Market Sinks
In brief Dogecoin fell below $0.14 today, marking its lowest price since April 2021. The meme coin, which soared in price in early 2021, is now down 81% from its peak. It’s a brutal day across the cry...
$800 Million Liquidated As The Crypto Market Sinks Below $1.8 Trillion
Two days ago, social media platform Twitter was filled with comments from traders urging some crypto assets to stop ranging and “do something.” Events that have taken place over the past 24 hours seem...
Bitcoin Sinks To Six-Month Low, Leading Crypto Market Downward
Following a late-session plunge, which sent the Nasdaq NDAQ 100 Index into a correction on Thursday, cryptocurrencies tumbled overnight, recording losses of nearly $200 billion. COIN360 Bitcoin sank ...
Bitcoin Price Falls 11% as It Sinks Toward Six-Month Low
Things were looking (slightly) up for Bitcoin as the week rolled to an end. Then the price came crashing back down. After posting modest gains on Thursday to reach back above $43,000, the price of BTC...
GBTC sinks more than 18% since the start of 2022
GBTC hasn’t kicked off the year to a great start as the trust has lost 17% of its value since Jan 1, 2022 Currently, the price of GBTC is 26.5% lower than the value of Bitcoin it holds GBTC sells more...
NFT Marketplace LooksRare Sinks Fangs Into OpenSea With “Vampire Attack”
NFTs are still big in the crypto space and NFT marketplaces even more so. These are avenues where people are able to sell their NFTs and also display their work for potential investors. With the growt...
Redfin Stock Sinks. This Analyst Is ‘Throwing in the Towel.’
Text size Stephen Brashear/Getty Images for Redfin Shares of Redfin were falling sharply Friday after the online real estate brokerage said it expected a first-quarter loss wider than analysts’ estima...