Tesla (TSLA) has been declining since early April. Plus, the stock has slumped below the 21-, 50- and 200-day moving averages. Let’s look at how to set up a bearish option income trade, called a...
Tag: Stock
Cathie Wood’s Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange’s Stock Plummets
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Wake Up and Smell the Opportunity at Dutch Bros as Stock Dips Under IPO Price
Dutch Bros Inc. (NYSE: BROS) tanks after hours on rising costs that prompt 2022 Ebitda forecast cut Stock trading as low as $22, below $23 price paid by IPO investors last year Revenue growth remains ...
Beyond Meat stock tanked 25% in extended trading: what happened?
Beyond Meat Inc (NASDAQ: BYND) stock tanked 25% in extended trading on Wednesday after the plant-based meat substitutes company reported weak results for its fiscal first quarter. Notable figures in B...
Apple’s stock drops below the March low to complete bearish pattern
Shares of Apple Inc. AAPL, -5.18% were diving 3.6% in afternoon trading Wednesday, enough to pace the Dow Jones Industrial Average’s DJIA, -1.02% decliners. The decline comes amid a broad sellof...
Stock market’s dismal performance is ‘part of the fight against inflation,’ Jim Cramer says
CNBC’s Jim Cramer said Wednesday that while the hot consumer price index suggests the Federal Reserve is losing in its struggle against inflation, the dismal performance of stocks, particularly ...
Stock futures are little changed following hot inflation report
Stock futures were slightly higher Wednesday evening after the latest CPI data showed inflation is still running hot. Futures tied to the Dow Jones Industrial Average added 17 points, or 0.05. S&P...
Galaxy Digital Announces Stock Buyback
Key Takeaways Galaxy Digital Holdings Ltd. announced today a share repurchase program. The company’s board has approved the purchase of up to 10% of the outstanding shares. The stock price of th...
Bitcoin’s Shocking Stock Market Correlation Continues To Grow
Data shows Bitcoin has continued to become increasingly tied to the US stock market as the crypto’s correlation with Nasdaq reaches a new all-time high. Bitcoin’s Correlation With The Stock Market Con...
Coinbase stock is trading as if the company ‘will burn through all of its cash’
A brutal quarter for Coinbase amid a sharp downturn in crypto prices and trading volumes has only emboldened the bear case on a stock already down 71% on the year. “With shares of Coinbase Globa...
Market Crash Wipes Millions off Crypto Companies’ Stock Price
Major crypto companies have seen millions wiped off their stock value following the recent market crash. MicroStrategy, Silvergate Capital, Marathon Digital Holdings, Coinbase, and Galaxy Digital Hold...
‘Crypto Winter’ Sparks Coinbase Stock Crash As Bitcoin, Ether And Other Major Cryptocurrencies Crater
Topline Shares of popular crypto-brokerage Coinbase plummeted to a record low Wednesday after the firm reported a worse-than-expected loss spurred by dwindling trading volumes—prompting a flurry of an...
Occidental Stock Rises on Record $4.7 Billion Quarterly Profit
Text size Occidental Petroleum has a huge footprint in the Permian Basin of West Texas. Joe Raedle/Getty Images Shares of Occidental Petroleum , one of the biggest producers of U.S. onshore oil and ga...
Meme Stock Euphoria Goes Bust as Group Drops to All-Time Low
(Bloomberg) — A basket of so-called meme stocks that took Wall Street by storm at the start of 2021 slumped to a record low this week, erasing the last vestiges of the retail-investor driven ral...
MicroStrategy CEO Michael Saylor Assuages Investors amid Global Stock & Crypto Markets Slump
Michael Saylor remains confident that MicroStrategy’s debt profile is in a good place despite external circumstances, and has attempted to allay investors. MicroStrategy’s Michael Saylor moved to calm...
Retail investors will appreciate Nintendo’s upcoming 10-for-1 stock split
It was revealed on Tuesday, May 10, that Nintendo (TYO: 7974) will conduct a 10-for-1 stock split in order to make its shares more accessible to ordinary investors. Since the beginning of the year, s...
Taking advantage of Coinbase stock dip? Here’s where you can buy the stock
After posting a loss amid a drop in its users, the largest US crypto exchange, Coinbase stock has shed over 41% over the past 5 days. To help stock traders eying the Coinbase stock, Invezz has created...
Roblox Reports Disappointing Q1 2022 Results, RBLX Stock Tanks 10%
The pandemic-driven demand for Roblox has cooled down which has resulted in some pressure on its revenue stream. Roblox says its will explore opportunities in the “metaverse” theme. On Tuesday, May 10...
Stock futures drift ahead of inflation data
U.S. stock futures opened flat Tuesday evening, as investors looked ahead to a key report on the state of inflation in the U.S. to help clarify the path forward for monetary policy. A key datapoint du...
Stocks are tanking but investors are eyeing CPI report for some stock market relief
Hitting rock bottom usually isn’t something people look forward to. But for investors hungry for relief from the latest market selloff, rock bottom couldn’t come soon enough. On Tuesday, the Dow Jones...
Rivian reports earnings this week with stock under more pressure than ever
Rivian Automotive Inc. is slated to report first-quarter earnings after the bell Wednesday, with the EV maker battling a steep decline of its shares and fears of continued operational snags. Rivian RI...
Unity Software’s stock plunges nearly 30% on weak revenue guidance
Unity Software Inc.’s. stock U, -4.47% plummeted 29.3% in extended trading Tuesday after the software company reported fiscal first-quarter results that were largely in line with Wall Street ana...
The stock market is freaking out because of the end of free money. It all has to do with something called ‘the Fed put’
You might have noticed some turbulence in the stock market recently. It took a while to sink in after last week, but investors had a full freak-out from Friday through Monday when they realized just h...
BHC Stock Plummets On Unexpected Loss As Bausch & Lomb IPO Launches
Bausch Health Companies (BHC) reported an unexpected first-quarter loss on Tuesday and BHC stock crashed. X During the March quarter, the pharma company lost 43 cents per share on $1.92 billion in sal...
Unity Software Earnings Met Estimates. Why the Stock Is Cratering.
Text size Unity stock was dropping after its earnings release. Dreamstime Unity Software stock was tumbling after the videogame development platform’s earnings met analyst expectations but its sales a...