Shares of Carvana Co (NYSE: CVNA) tanked more than 20% this morning after the used car retailer reported disappointing results for its fiscal fourth quarter. Should you buy Carvana stock? Last night, ...
Tag: Tanked
Holiday sales tanked, trucking data shows e-commerce wasn’t the issue
The market did not like what it saw from the final retail holiday sales numbers for 2022 which sets up a tough year for retailers, but e-commerce is continuing to boom, including in areas outside the ...
Home Builder Sentiment Tanked Every Month This Year—But There’s Finally A ‘Silver Lining’
Topline Home builder confidence plunged every single month this year as higher interest rates weakened demand in the formerly booming housing market, the National Association of Home Builders reported...
CrowdStrike stock tanked 20% in extended trading: what happened?
CrowdStrike Holdings Inc (NASDAQ: CRWD) tanked 20% in extended trading on Tuesday even though the cybersecurity company reported market-beating results for its financial third quarter. Why is CrowdStr...
Upstart shares just tanked 25%: find out why
Upstart Holdings Inc (NASDAQ: UPST) tanked more than 25% in extended trading on Tuesday after the AI lending platform reported a disappointing third quarter and issued weak guidance for the future. Up...
These NFT Projects Tanked After Significant Community Hype
Some NFT collections had the community hoping for huge success after raising much hype and funding, however, their market performance has left investors reeling. The non-fungible token (NFT) space has...
Here is why Tesla shares tanked 9%
Tesla Inc (NASDAQ: TSLA) shares dropped 9% on Monday after the electric automaker announced that it delivered fewer than anticipated cars in Q3 because of logistic challenges as the slowing economic g...
While Bitcoin Has Tanked, This Coin Has Risen 300% This Month!
Deciding what to do with your Bitcoin, as prices continue to fall, can be tough. Many believe the tide will eventually turn, and if they hold on for long enough, BTC will rise to new heights. The only...
The stock market has tanked since Jerome Powell’s Jackson Hole speech. That’s how the Fed wants it
The stock market’s summer rally ended Friday as investors digested hawkish comments by Federal Reserve Chair Jerome Powell at the central bank’s annual symposium in Jackson Hole, Wyo. Powell made it c...
Chip stocks tanked as pandemic demand for electronics slumped, but there are still some winners
After two years of unprecedented chip sales and demand related to the COVID-19 pandemic, a long-feared reversal has struck the semiconductor industry, but some markets are still performing strongly — ...
Novavax shares just tanked 35%: find out why
Shares of Novavax Inc (NASDAQ: NVAX) tanked nearly 35% in extended trading on Monday after the biotech company reported thoroughly disappointing results for its fiscal second quarter and lowered its a...
How Bridgewater’s flagship hedge fund beat the bear market in the first half of 2022 when most others tanked
King of the bears? Ray Dalio is the uncrowned king of the hedge fund world, and he’s living up to the title in 2022’s bear market. The 72-year-old New York native founded Bridgewater Associates ...
Energy and these 2 other sectors led the S&P 500. Now they’ve tanked. Here’s why that could be good for the stock market.
An unwind of the stock market’s best performing sectors had to happen eventually. And that may be just what this bear market ordered, according to Jonathan Krinsky, chief market technician at BTIG. Si...
Here is why Ted Baker shares tanked more than 20%
Ted Baker Plc (LON:TED) shares dropped over 20% on Tuesday after announcing that its first-choice suitor was no longer making an offer, which pushed the fashion retailer to contemplate other alternati...
Under Armour Stock Has Tanked. Director David Gibbs Scooped Up Shares.
Text size Under Armour stock plunged in early May after the company reported a first-quarter loss. Brandon Bell/Getty Images/Getty Images Under Armour stock has tumbled in 2022, but director David W. ...
Shocker: Leaked Documents Shows Do Kwon Dissolved Terra Labs Few Days Before LUNA And UST Tanked
– Advertisement – Do Kwon De-registered His Company Right Before Terra Luna And UST Tanked. Terra Luna is still in the headlines for all the bad reasons. After experiencing a massive pri...
Cisco shares just tanked 18%: explained here
Cisco Systems Inc (NASDAQ: CSCO) shares tanked 18% in extended trading on weaker-than-expected Q3 revenue and disappointing guidance for the future. Key takeaways from Cisco Q3 results Net income prin...
Major crypto exchanges delist LUNA as price tanked 100%
After nearly 90% loss within a week, several crypto exchanges have begun to delist Terra (LUNA). Binance and Bybit have delisted LUNA trading pairs, and now top Indian exchanges, WazirX and CoinDCX, a...
Terra Validators Halt Crypto Mining As It Tanked 99%
Terra validators halted the blockchain mining at block 7607789 after the cryptocurrency fell 99% to be traded at 98.5% down, based on the data published by CoinMarketCap. Validators are drawing a plan...
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...
Wall Street bloodbath; Why the market tanked yesterday
On Thursday, May 5, U.S. equity indices were seen nosediving as a series of foreshadowing earnings reports coupled with the Federal Reserve (Fed) policy pulled markets down. The Nasdaq led the declin...
Chegg shares tanked 30% in extended trading: here’s why
Chegg Inc shares (NYSE: CHGG) tanked nearly 30% in extended trading on Monday after the education technology cited enrolment issues, economy, and inflationary pressures as it lowered its guidance for ...
Why Was the Stock Market Down Today? A Fed Official’s Speech Tanked the Market.
Text size Federal Reserve Gov. Lael Brainard said she expects policy to return “to a more neutral position later this year.” Drew Angerer/Getty Images Tech stocks and bond markets both sold off on Tue...
Binance wins dismissal of class action over 2018 tokens that tanked
A federal judge has dismissed a class action complaint asserting Binance violated United States securities laws by not registering as a broker-dealer or exchange and sold crypto tokens that were not r...
Coupa Software shares tanked 30% on disappointing guidance
Coupa Software Inc (NASDAQ: COUP) shares tanked nearly 30% in extended trading on Monday after the San Mateo-headquartered company’s future guidance came in shy of Wall Street expectations. Coup...
Here’s Why Fantom (FTM) Tanked 20% and Its DeFi TVL Also Corrected 21%
Although the broader crypto market seems under pressure, Fantom (FTM) has extended its losses to a steeper 20% in the last 24 hours. FTM is currently trading 20.94% down at a price of $1.33 dropping t...
Abercrombie & Fitch shares tanked 18% this morning: explore why
Abercrombie & Fitch Co (NYSE: ANF) shares are down nearly 20% on Wednesday after the lifestyle retailer reported its fiscal fourth-quarter results that came in shy of Wall Street estimates. Highli...
Roblox tanked 15% on Q4 results: ‘user metrics look good’
Roblox Corp (NYSE: RBLX) shares tanked 15% after-hours on Q4 results that fell shy of Wall Street estimates. The social-gaming company saw a nearly 1.5x annualised increase in its quarterly loss. Key ...
These 3 Stocks Hit Higher Highs As The Market Tanked
Business Graph getty Typically, it’s a good sign when a stock continues upward to new highs while most other stocks are selling off like mad. Looking at the list of new highs this week, you could find...
A Billionaire Investor Has Just Called The Bitcoin Bottom After A $1 Trillion Crypto Price Crash Tanked Ethereum, BNB, Solana, Cardano And XRP
Bitcoin and cryptocurrency prices have dropped sharply over the last week, with the combined crypto market now down around $1 trillion from its November peak (even as Wall Street giant Goldman Sachs i...
Opinion: How Powell pivoted away from the Fed’s dovish message and tanked the markets
Fed Chair Jerome Powell is learning on the job. He didn’t repeat the mistake he made in his July press conference, when he said some things that markets interpreted as signs that the Fed was wavering ...