The year 2022 was a difficult one for cryptocurrencies, with Bitcoin, Ethereum, and Polygon experiencing significant depreciation. The demise of FTX, a major crypto exchange, due to liquidity issues f...
Tag: Weak
Should you buy or sell the British pound amid weak manufacturing data?
The new year has started, and liquidity is back in financial markets. The UK Manufacturing PMI data was released today, creating bigger than normal volatility in the GBP currency pairs. It showed that...
Cloud Darling Reports Weak Sequential Key Metrics
CrowdStrike has one of the better fundamental profiles out of the cloud category. This is due to its 50%+ revenue growth rate, GAAP operating margin of (7%) and free cash flow margin of 31%. The compa...
Kraken Shutting Down Crypto Exchange in Japan Citing Weak Global Crypto Market – Exchanges Bitcoin News
Cryptocurrency exchange Kraken is shutting down services in Japan. The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed...
‘Weak Crypto Market’ made Kraken Quit Japan Second Time.
Kraken, with its subsidiary Payward Asia, worked in Japan from 2018 to April 2018. They re-entered in October 2020 for the second term and will leave on January 31, 2023. All the users can withdraw t...
Kraken pulls out of Japan blaming weak crypto market
Kraken has decided to close its operations in Japan and deregister from the Financial Services Agency, blaming a weak market. Kraken announced in a blog post earlier today that it has decided to close...
Kraken quits Japan for second time blaming a ‘weak crypto market’
Global cryptocurrency exchange Kraken has decided to pull its operations in Japan for the second time, citing a strain on its resources amid a “weak crypto market.” In a Dec. 28 blog post, Kraken said...
US leads weak Bitcoin and Ethereum accumulation into festive period
Bitcoin accumulation has softened significantly but as 2022 draws to a close, the U.S. is buying more BTC than any other region, according to CrytoSlate’s analysis of Glassnode data. A similar pattern...
Is Micron stock a ‘buy’ despite weak guidance?
Shares of Micron Technology Inc (NASDAQ: MU) are trading down in extended hours after the chipmaker reported disappointing results for its fiscal first quarter on lower demand and elevated inventories...
Core Scientific Files for Bankruptcy as Bitcoin Price Remains Weak
Core Scientific, a prominent publicly traded crypto mining company in the United States, has filed for Chapter 11 bankruptcy protection in Texas. The development comes on the back of a prolonged crypt...
Kansas City Chiefs Dominate Weak AFC West Like New England Patriots Did In AFC East
Patrick Mahomes of the Kansas City Chiefs looks to pass against the Houston Texans during the first … [+] half of the game at NRG Stadium on Dec. 18, 2022. (Photo by Carmen Mandato/Getty Images)...
Stocks plunge after rate hikes, weak retail sales rattle markets
U.S. stocks tumbled Thursday as Wall Street reeled from another sizable rate hike by Federal Reserve officials and assessed similar moves by monetary policymakers across the Atlantic. A disappointing ...
Lululemon posts weak guidance despite ‘biggest day ever’ on Black Friday
Lululemon ($LULU) saw its best Black Friday ever, but that wasn’t good enough to match Wall Street’s hopes for the holiday season during the company’s latest financial release on Thursday. The company...
ETH key addresses intensify accumulation, weak hands continue to sell at a loss
Key sharks and whales have grown their ETH holdings in the last month. Even after a price decline, ETH sees fewer sell-offs. Despite the continued decline in Ethereum’s [ETH] price due to the collaps...
SNOW Stock Tumbles As Snowflake Offers Weak Product Revenue Guidance
Snowflake (SNOW) reported third-quarter earnings that met expectations while revenue topped Wall Street targets. The enterprise software maker’s product revenue guidance came in below expectatio...
Dow Jones Falls After Weak Jobs Data, Powell Speech Next; CrowdStrike Plunges 20%
The Dow Jones Industrial Average fell 175 points Wednesday after key economic data, with monthly employment and quarterly GDP data out before the market open. U.S. action remained subdued ahead of Fed...
CRWD Stock Plunges On Weak Forecast As Key Metric Misses Views
CrowdStrike Holdings (CRWD) late Tuesday reported October-quarter profit and revenue that topped estimates. But the CrowdStrike earnings outlook came in well below Wall Street targets and CRWD stock p...
China property stocks surged amid warnings of weak reality, high expectations
China’s housing prices fell in October due primarily to falling prices in less developed, so-called Tier-3 cities, according to Goldman Sachs analysis of official data. Future Publishing | Futur...
The full story of how FTX’s weak internal controls contributed to its collapse
FTX had poor financial reporting processes in place Poor corporate culture undermined quality of work relations A compromised system exposed shareholders and users to elevated risks Laxity in corpora...
Market needs weak retail data to stay strong
The stock market’s current run could fizzle out if October retail sales data comes in hot next week, CNBC’s Jim Cramer warned on Friday. “If we see weak retail sales and learn that t...
Uniswap Price Prediction: Bears Aim to Break SUport Trendline, Market Sentiments are Weak
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Disney’s weak revenue and profit eclipse streaming subscriber growth
The Disney+ Marvel website home screen on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images The biggest companies in media and...
Affirm Looks Weak Ahead of Earnings
In our August 26 review of Affirm (AFRM) we wrote that “The charts and indicators of AFRM are weak and traders should avoid the long side for now. Maybe later…” With AFRM scheduled...
5 Reasons Why Crypto Prices Are Off to a Weak Start This Week
Join Our Telegram channel to stay up to date on breaking news coverage Crypto prices are off to a weak start this week, with Bitcoin and Ethereum losing psychological support levels as the market trad...
What a long-term weak pound means for the U.K. economy
A British one pound coin sits in this arranged photograph in London, U.K. Bloomberg | Bloomberg | Getty Images LONDON — The British pound‘s exchange rate against the U.S. dollar has been on a ro...
Crypto Exchange Coinbase Draws Mixed Reaction on Wall Street After Weak Q3
“We believe the visibility of COIN generating positive adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) in 2023 has increased, and its ability to diversify and generate...
Shiba Inu Was Off To Weak Start As SHIB Faced Selling Pressure
Shiba Inu squandered its gains during the tail end of October that enabled it to add almost $2 billion to its total market cap which currently stands at $7.29 billion. At the time of this writing, SHI...
Bitcoin’s $20K support looks weak, but pro traders are neutrally positioned
Bitcoin (BTC) has been lingering above $20,000 for the past nine days, but worsening conditions from traditional markets are causing traders to doubt if the support will hold. On Nov. 3, the Bank of E...
PYPL Stock Falls On Weak Guidance Even As Earnings Beat
PayPal Holdings (PYPL) on Thursday reported September-quarter earnings that topped analyst estimates as cost-cutting moves kicked in. PYPL stock tumbled as payment volume missed expectations and reven...
Roku shares punished on weak guidance: buy the dip?
Roku Inc (NASDAQ: ROKU) crashed to its lowest stock price since early 2019 in extended trading on Wednesday as investors responded to its disappointing guidance for the holiday quarter. Analyst reacts...
Buy Taiwan Semi Stock Into a Weak Chip Market, Says J.P. Morgan
J.P. Morgan says investors should overlook any near-term softness in the chip business and buy Taiwan Semiconductor Manufacturing Company shares for the company’s robust future prospects. On Tuesday, ...