Category: drop
-
Render Holds Key Support After 29% Drop, Analyst Targets $12
•
Render (RENDER) is currently trading above a crucial support level after a massive 29% drop from its recent highs. Amidst widespread selling pressure in the market, Render’s ability to hold this technical level could pave the way for a significant price rally in the coming weeks. With the broader market…
-
Vivo Energy half-year sales drop by Sh2bn amid record fuel prices
•
Vivo Energy’s revenue in the Kenyan market fell by $16 million (Sh2.06 billion) in the first half of 2024, as record high fuel prices hit demand. The multinational said its Kenyan unit generated revenue of $769 million (Sh99.16 billion) during the six months, compared to $785 million (Sh101.22 billion) a…
-
Chainlink (LINK) Could Drop To $8 If It Loses Current Support: On-Chain Data Reveals
•
Chainlink (LINK) has seen significant volatility this week. Its price has fallen more than 13% from Monday’s high, pushing LINK to a critical support level around $11.20. Traders and investors are closely watching this crucial area. Related reading Data from Santiment confirms the importance of this level, showing that demand…
-
Spot Bitcoin ETFs see inflows of $64.8m, Ether ETFs outflows drop to $874k
•
Bitcoin ETFs saw their sixth consecutive day of net inflows, while Ether ETFs continued to record net outflows, extending a six-day streak of negative inflows. according to Data According to SoSoValue, the 12 Bitcoin exchange-traded funds (ETFs) recorded net inflows of $64.91 million on August 22, a 65% jump from…
-
RFK Jr. reportedly planning to drop out of presidential race, endorse Trump
•
Brandon Bell/Getty Images News Robert F. Kennedy Jr. is likely to end his independent presidential campaign and endorse Republican nominee Donald Trump, according to two sources familiar with the plans. NBC News. Kennedy’s plans are expected to become clearer by the end of the week, with one of the announcements…
-
Stocks rise, bond yields drop on soft US PPI data By Reuters
•
By Koh Jui Ching and Lawrence White NEW YORK/LONDON (Reuters) – Stocks jumped and bond yields fell on Tuesday after data showed U.S. producer prices rose less than expected in July, reinforcing market expectations that slowing inflation will allow the Federal Reserve to cut interest rates soon. The U.S. Labor…
-
Buy signal emerges for Optimism following 9% price drop
•
The recent decline in the price of optimism has helped create a strong buy signal with long-term holders at record lows. Optimism (OP) price is down 9.6% over the past 24 hours and is trading at $1.33 at the time of writing. It is worth noting that the asset has…
-
Dollar steady on US jobs relief as yen heads for first weekly drop in six By Reuters
•
By Kevin Buckland and Sruthi Shankar TOKYO (Reuters) – The dollar hovered near a one-week high against other major currencies on Friday after the biggest drop in U.S. jobless claims in nearly a year eased fears of an impending economic slowdown. The US currency steadied against the Japanese yen after…
-
Bitcoin Long-Term Holders Unfazed By Price Drop
•
The cryptocurrency market has been in a state of constant flux, with Bitcoin seeing a significant drop. prices drop Bitcoin has fallen below $50,000. But amidst this volatility, a notable trend has emerged – long-term holders of Bitcoin have remained steadfast, demonstrating their unwavering commitment to digital gold. This article…
-
Carlyle Q2 profit misses, shares drop amid market sell-off By Reuters
•
By Echo Wang NEW YORK (Reuters) – A private equity firm The Carlyle Group General Electric Co. (NASDAQ:GE) reported a larger-than-expected 11.7% year-over-year decline in distributable profit in the second quarter on Monday, as record revenue from management and transaction fees failed to offset a big drop in performance fees.…
-
USD/JPY tumble continues in drop below 144.00 mark
•
USD/JPY Daily Chart The pair has just hit a fresh low for the day at 143.55, threatening a drop of over 2% today alone. This comes as traders are desperate to escape to safety as markets have entered full-blown panic mode. Equity markets have been hammered with the Nikkei down…
-
Can XRP Rally 1,000X Despite The Drop Below $0.6?
•
Cryptocurrency analyst expects that XRP priceThe native cryptocurrency XRP Ledger (XRPL) is expected to see a 1,000x surge soon. Despite the recent significant price drop in the cryptocurrency, the analyst remains confident about XRP’s future prospects. Related reading XRP is poised for a 1000x surge A crypto analyst named “Mickle”…
-
Ethereum Price Crashes Below $3,000 As Revenues Drop Toward New Lows
•
Ethereum (ETH) It recently dropped below the critical level and Psychological support level at $3000Which has raised concerns about the price of ETH rising. This development comes amid continued decline in revenue generated from Ethereum Network. Related reading Ethereum collapses below $3,000 Ethereum price has dropped below $3,000, and this…
-
MicroStrategy’s Bitcoin Bet Raise Red Flags As Crypto Prices Drop, Report
•
Four years ago, Michael Saylor, co-founder and chairman of MicroStrategy, turned to Bitcoin as a way to invest the company’s surplus cash instead of traditional assets like short-term Treasury bonds. This decision has transformed the software company into the largest company holding the largest cryptocurrency on the market, with Bitcoin…
-
MicroStrategy’s Bitcoin Bet Raise Red Flags As Crypto Prices Drop, Report
•
Four years ago, Michael Saylor, co-founder and chairman of MicroStrategy, turned to Bitcoin as a way to invest the company’s surplus cash instead of traditional assets like short-term Treasury bonds. This decision has transformed the software company into the largest company holding the largest cryptocurrency on the market, with Bitcoin…
-
McDonald’s global sales drop for the first time in four years as cost of living impacts consumer choices
•
McDonald’s global sales fell for the first time in nearly four years, falling 1% in the second quarter as consumers tired of inflation opted to eat at home or opt for cheaper menu options. The company expects same-store sales to continue to decline over the next few quarters, and is…
-
McDonald’s global sales drop for the first time in four years as cost of living impacts consumer choices
•
McDonald’s global sales fell for the first time in nearly four years, falling 1% in the second quarter as consumers tired of inflation opted to eat at home or opt for cheaper menu options. The company expects same-store sales to continue to decline over the next few quarters, and is…
-
Nasdaq sees biggest drop in 2 years as tech earnings spark selloff
•
Real supportIndependent Press Find out moreClose Our mission is to provide unbiased, fact-based reporting that holds power to account and exposes the truth. Whether it’s $5 or $50, every contribution counts. Support us to provide journalism without an agenda. Major stocks fell sharply on Wednesday after several companies reported disappointing…
-
Asian stocks drop as tech tracks weak US earnings; China remains on backfoot By Investing.com
•
Most Asian stocks fell on Wednesday, weighed down by renewed losses in the technology sector as major corporate earnings in the United States fell overnight, while sentiment toward China also showed little sign of improvement. Regional stocks received weak support from Wall Street, especially as U.S. stock index futures fell…
-
Stock investors are staring down a bearish trifecta that could spark a 12% market drop by October, strategist says
•
Stocks could see a double-dip correction over the next three months, according to a veteran strategist.Getty Images; Jenny Chang Rodriguez/PA Bill Blaine said stock markets could see a double-digit decline by the fall amid a host of headwinds. The veteran strategist said stocks are overvalued and face risks from rising…