FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry’s recent carnage and said he still has cash to spend if opportunity knocks. It may seem strange. Other multibillion-dol...
Tag: Slump
Oracle Shares Skid in Biggest One-Day Slump This Year
(Bloomberg) — Oracle Corp. shares had their worst day this year, snapping two weeks of gains, after a Berenberg analyst initiated coverage on the software company with a hold rating. Most Read f...
Wall Street slump leads to 50% plunge in JPMorgan advisory revenue
Daniel Pinto, JPMorgan’s chief executive of corporate and investment bank. Simon Dawson | Bloomberg | Getty Images The deal-making slowdown that has weighed on Wall Street this year shows no sig...
Oil Prices Slump as Recession Fears Grow
Another turbulent week in oil markets carried crude prices to their lowest point since January, with thin trading and a blurry outlook for supply and demand driving a fitful 30% decline from this year...
Broadcom Gives Strong Forecast, Evading the Chip Slump
(Bloomberg) — Broadcom Inc., a chipmaker that supplies some of the largest companies in the tech industry, gave a strong sales forecast for the current quarter, allaying fears that spending on i...
Oil Heading for Longest Slump Since 2020 Amid Growth Concerns
(Bloomberg) — Oil headed for a third monthly drop, the longest losing run in more than two years, on concern that tighter monetary policy will hit growth and China presses on with its Covid Zero...
Post retest fall may slump APE price below $4.2
Published 4 hours ago The Apecoin(APE) price retested the breached support level of $5, giving an entry opportunity for coin sellers. However, a bullish engulfing candle during the retest phase with a...
Nvidia Predicts Weak Growth, Adding to Chip Slump Fears While Miner Demand Dampened
Nvidia issued the forecast just two weeks ago, warning that sales for the upcoming quarter would be significantly lower than expected. The company stated that the decreasing demand for chips used in g...
Crypto Product Trading Volumes Continue Slump During ‘Summer Doldrums’
In the third week of flatlined trading volumes, digital assets investment products experienced a mere $9 million in outflows. Continuing the trend of recent weeks, trading volumes fell to their second...
AAVE Price Analysis: AAVE Crypto is Looking for Support, Will it Slump below $80 or Save?
Aave price is trying to gather support from bulls over the daily price chart. AAVE crypto slipped below 20, 50, 100 and 200-days Daily Moving Average. The pair of AAVE/BTC is at 0.004004 BTC wit...
Hollywood Enters A Self-Imposed Slump
‘Bodies Bodies Bodies’ A24 Since Hollywood has decided to plunge the theatrical industry into another self-imposed slump, there isn’t much to say about the handful of new wide or semi-wide...
Coinbase reports $1.10B loss in Q2 as assets on exchange slump
Coinbase Global’s second-quarter results show that the crypto exchange recorded a net loss of $1.10 billion during the period. This compares to a loss of $430 million in the first quarter and a net in...
Flow Price Analysis: FLOW Finally Made its way out of the Channel, Will It Maintain or Slump back?
Flow price has successfully breakout of the parallel channel it has been trading in over the daily price chart. FLOW crypto has recovered above the 20, 50, and 100-day Daily Moving Average. The pair o...
Block Q2 Bitcoin Revenue Down 6% YOY Due to BTC Slump Block Inc.’s Q2 Revenue is down 6% YOY to $4.40 Billion over BTC Slump
American digital payments company Block Inc.’s second-quarter (Q2) revenue dropped by 6% year-over-year (YOY) to $4.4 billion. Although the numbers still topped Wall Street’s expectations of $4.35 bil...
Top Analyst Calls What’s Next for Bitcoin, Ethereum and the Rest of the Crypto Markets After a Mid-Week Slump
A widely followed crypto trader is charting out Bitcoin (BTC) and Ethereum (ETH) after BTC’s failed bid to reclaim $23,450. In the latest edition of his Cryptocademy newsletter, analyst Justin Bennett...
AMD Gives Lackluster Forecast as PC Slump Hurts Sales
(Bloomberg) — Advanced Micro Devices Inc., the second-biggest maker of personal-computer processors, gave a lukewarm sales forecast for the third quarter, indicating that market-share gains agai...
Amazon’s market cap tops Alibaba and Walmart combined despite a 35% Q2 slump
Amazon (NASDAQ: AMZN) has maintained its status as one of the largest companies globally, mainly powered by its ecommerce business and other diversification like video streaming that continue to drive...
Bitcoin, Ether Slump as Pelosi’s Taiwan Trip Weakens Risk Sentiment
“Our short-term [bitcoin] indicators are mixed, but a greater loss of short-term momentum would support a retest of support (~$18,300-$19,500), below which secondary support is near $13,900,R...
Activision Blizzard to report earnings as games industry hits post-COVID slump
“Call of Duty” maker Activision Blizzard (ATVI) reported its Q2 earnings after the closing bell Monday, beating analysts’ expectations on revenue, but falling short on the bottom line as the ind...
Traders Warn Of Imminent Slump Amidst Seemingly Recovering Crypto Markets
BTC has gained by 13% since the CPI report after struggling to maintain the $19k ETH Price at the time of writing – $1,703.05 BTC has seen an increase of 7.88% in the past seven days The crypto marke...
Traders Warn Of Imminent Slump Amidst Seemingly Recovering Crypto Markets ⋆ ZyCrypto
Advertisement     The crypto markets have been generally green since the weekend in what appears to be a sign of a good recovery from the losses of the past weeks. Eth...
Latest Report Shows Cryptojacking Increased By 30% During The Crypto Slump
The crypto industry is fraught with different malicious actors preying on unsuspecting users, especially the cryptojacking attackers. Many hacks and exploits occur in the industry, targeting crypto fi...
Yellen says the economy is not in a recession despite GDP slump
Treasury Secretary Janet Yellen said Thursday the U.S. economy is in a state of transition, not recession, despite two consecutive quarters of negative growth. Recession, Yellen insisted, is a “...
‘Cryptojacking’ rises 30% to record highs despite crypto slump: Report
New research shows that despite falling digital asset prices, cryptojacking has reached record levels in the first half of 2022. According to a mid-year update on cyber threats by American cybersecuri...
Faced With The Scourge Of Hacks, NFT Trading Volume Slump To 12-Month Lows
There was a huge surge in interest in NFTs throughout the summer of 2021. After a year, the NFT market’s trading volume has plummeted. Due to the lowest trading volumes in a year and the growing epide...
Cryptojacking on the rise despite market slump 1
Over the years, cryptojacking has been used as one of the few methods to mine illegal crypto from unsuspecting users. This is because the hackers chance upon back door access via hacking the computer ...
Uniswap Retains Nearly 60% of DEX Trading Amid Volume Slump
Cryptocurrency analytics platform CoinGecko revealed in its recently released second-quarter (Q2) report for 2022 that the top decentralized exchanges (DEX) existing on various networks have generally...
Polkadot Network’s Usage In Q2 2022 Remains Strong Despite Slump
Polkadot has reported a consistent usage of its network in the second quarter of the year. The platform’s developer activity has remained strong in this period despite the turbulent market environment...
Potential Reversal May Slump SAND to $1
Published 13 seconds ago Since the Sandbox (SAND) recovery rally began in late June, the coin price has failed twice to pierce the $1.28 resistance. However, with some minor pullback to replenish the ...
China’s Economic Growth Sees Major Slump Following Months Of Stringent Covid Lockdowns
Topline China’s economy witnessed a major slowdown in growth in the second quarter of 2022, according to official data published on Friday, an outcome that is likely to raise fresh questions about the...
Euro Slips Below Dollar as Europe’s Economic Fortunes Slump
The euro’s slide below parity with the U.S. dollar reflects Europe’s sinking economic fortunes in the face of the war in Ukraine. But unlike the last time the euro was this weak 20 years ago, nobody i...
Axie Infinity Sales Record A Massive Slump, Losing Over $120 Million
Before now, Axie Infinity had maintained a solid foothold in the non-fungible token (NFT) space. Through massive sales, it stood as one of the leading and most successful NFT collectibles. The network...