(Bloomberg) — The S&P 500 is technically still mired in a bear market, but a closer look below the surface shows that most of its stocks are in the midst of a big rally. Most Read from Bloom...
Tag: Slump
Virgin Orbit Shares Slump 27% in Pre-Market after Its Failed Space Mission
The news of the mission’s failure did not augur well with the firm’s investors as reflected in its stock performance. Small satellites launcher Virgin Orbit Holdings Inc (NASDAQ: VORB) has recorded a ...
Morgan Stanley Warns US Stocks Risk 22% Slump
(Bloomberg) — US equities face much sharper declines than many pessimists expect with the specter of recession likely to compound their biggest annual slump since the global financial crisis, ac...
JPMorgan Downgrades Crypto Bank Silvergate Capital After 4Q Results, Shares Slump
“These events highlight Silvergate Bank’s significant operating challenges, in particular the profitability, funding and liquidity risk associated with amplified deposit volatility driven by unc...
Essentra’s Shares Slump 9% As Sales Fall In Q4
Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images LightRocket via Getty Images Shares in industrial fasteneers manufacturer Essentra slumped on Friday after it announced wo...
Russia’s Oil Flows Slump to 2022-Low as Sanctions Squeeze Moscow
(Bloomberg) — Russia’s crude shipments slid to the lowest for 2022 in the final four weeks of the year as sanctions crimped Moscow’s exports. Cargoes bound for China, India and Turkey, whi...
Amid AMC stock slump, CEO decries ‘twisted conspiracy theorists’
After a tough year for AMC stock, CEO Adam Aron looks to be starting the New Year coming out swinging against the trolls and haters on social media. “So much GARBAGE info spreading about AMC by ...
Chris Duarte Is Labouring Through A Profound Sophomore Slump
INDIANAPOLIS, INDIANA – OCTOBER 23: Chris Duarte #3 of the Indiana Pacers looks on in the third … [+] quarter against the Miami Heat at Gainbridge Fieldhouse on October 23, 2021 in Indiana...
Record Output Slump for Top US Gas Basin Worsened Power Chaos
(Bloomberg) — A record production decline in the largest US natural gas basin came just as extreme cold sent demand booming for the commodity used to heat homes and fuel power plants, exacerbati...
Axie Infinity And Decentraland Continue Slump, While Flasko Presale Gains Amid Massive Interest
2022 is coming to an end, but the crypto market downturn is showing no signs of letting up. Nowhere is this more evident than the complete and total beating that metaverse tokens like Axie Infinity (A...
Daily crypto trading volumes slump below $10bn level last seen in 2020
Daily crypto trading volumes have reached a low not seen since 2020 during the Christmas holidays. The trading volumes recorded on Dec. 25 were under $10B, which was last recorded on Dec. 17, 2020. Cr...
Why Energy Stocks Are Moving Up After The Most Recent Slump
| Getty Images Key Takeaways Last week, oil prices were down as American price caps on Russian oil were weaker than originally intended. In theory, this meant a more steady supply of oil and a lower l...
10 ways American finances actually improved in 2022, despite high interest rates and a slump in stocks
Many Americans are ending the year feeling gloomy about their finances, and you don’t need to be a psychiatrist to figure out why. Runaway inflation gnawed through household budgets as prices soared o...
Crypto Miners Are Feeling The Pinch Of High Energy Prices And Slump In Crypto Prices ⋆ ZyCrypto
Advertisement     The crypto mining profitability has been adversely impacted by the challenges facing the crypto industry in 2022. Crypto mining generally refers to t...
Chinese Stocks Slump as Covid Woes Outweigh Policy Push
(Bloomberg) — Chinese stocks slid as growing disruptions from Covid outbreaks hurt sentiment, offsetting the boost from a key policy meeting where authorities pledged growth support. Most Read f...
Still a bear market: S&P 500 slump signals stocks never reached ‘escape velocity’
The S&P 500’s close below 3,900 on Thursday signaled the stock market’s rally off the October lows was merely a “tactical bounce,” according to a top Wall Street chart watcher. “The market’s 20-da...
TUI Shares Slump 8% Despite Return To Profit. Here’s What The Analysts Say
Photo: Alex Kraus/Bloomberg © 2021 Bloomberg Finance LP The TUI share price sank on Wednesday following the release of full-year trading numbers. Closing at 135.5p per share it was down 8% on the prev...
DOGE whale transactions soar as traders take advantage of price slump
The recent decline in prices of most assets on the cryptocurrency market has provided an opportunity for investors to purchase large amounts of their favorite crypto tokens, including Dogecoin (DOGE),...
Dogecoin Price Prediction: DOGE Slump around 8%, What’s the Analysts Take?
Dogecoin price prediction suggests the strong downtrend momentum of DOGE crypto as the token is witnessing short-selling pressure. DOGE crypto has dropped below 20, 50 and 100-days Daily Moving Averag...
Sweden’s Free-Falling Property Market Triggers Worst Economic Slump in EU
(Bloomberg) — Soaring inflation and rising borrowing costs have sent housing prices on a steep downward trajectory across the world, but one of the places where this trend is playing out the fas...
SHIB adds over 600 new holders daily in December after November’s slump
Meme cryptocurrency Shiba Inu (SHIB) has traded sideways in recent weeks as the general market felt the effects of the FTX cryptocurrency exchange collapse. However, despite the inability to mount a s...
Coinbase Head Predicts 50% Revenue Slump, Stock Down 86%
Coinbase chief executive Brian Armstrong is not very optimistic about his firm’s revenue this year. He claims earnings may be cut by half due to a prolonged crypto winter and waning investor confidenc...
Airlines will return to profitability in 2023 after three-year slump: IATA
The global airline industry is set to return to profitability again next year following a near-three year downturn fueled by the Covid-19 pandemic, an industry body said Tuesday. The International Air...
Price Slump For Bitcoin Looming As VIX Rises Back Above 20
The Bitcoin price has currently stabilized strongly around the $17,000 mark. However, the price could face further headwinds in the coming days, as the VIX exposes. The VIX is a real-time volatility i...
Ripple’s lawyer claims SEC could instigate a 50% slump as XRP eyes the bulls
Ripple’s legal counsel alerted the crypto community about a potential market crash due to impending SEC actions XRP’s price action showed that the token could edge towards the bullish momentum in the...
Philly Fed Manufacturing Index Continues Its Downward Slump
| Getty Images Key Takeaways The Philly Fed Manufacturing Index dropped again in November. This drop takes the index to its lowest point since May 2020. The index has been negative for the last three ...
Bitcoin Hash Rate Slump Likely to Impact ASIC Prices
BTC prices are not the only thing in decline at the moment. Following recent record highs, the Bitcoin hash rate is also decreasing sharply. The Bitcoin hash rate has declined by around 14% since its ...
Paytm’s 75% Slump Is World’s Worst for Large IPOs in a Decade
(Bloomberg) — One 97 Communications Ltd., the operator of India’s largest digital-payments provider known as Paytm, has capped the worst first-year share plunge among large IPOs over the past de...
Coinbase Bonds Slump as FTX Contagion Fuels Investor Pessimism
It is very easy to use the bonds of publicly traded crypto-exposed firms like Coinbase and MicroStrategy to judge the health of the market, and perhaps, monitor its growth. In the wake of the bankrupt...
Bitcoin Miners Selling at Fastest Rate in 7 Years, Stocks Slump
Bitcoin miners are having a rough time at the moment. They’re offloading the asset at increased rates and company stocks are slumping. With BTC prices hitting a new bear cycle low on Nov. 22, the pres...
Bitcoin mining difficulty reaches all-time-high despite slump in price, FTX woes
Bitcoin mining difficulty rose 0.51% to an all-time-high in Monday’s biweekly adjustment, according to BTC.com, despite the price of Bitcoin falling more than 22% in the past two weeks. See related ar...
Coinbase plunges 86% in 2022, amid FTX-inspired slump. But one analyst says ‘you have to have a multiyear time frame.’
Hello there and seasons greetings! This is Mark DeCambre, Editor in Chief at MarketWatch. The hottest story in crypto land remains FTX, even as we hurtle toward 2023. It is a fast-evolving situation. ...