Category: falls
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Flockerz Flies High As HAWK Falls 95%
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Scam or just another influencer-driven meme gone bad? This is the painful question investors are facing in the wake of the HAWK coin meme a couple of days ago. But did Haley Welch and her team pull off a classic hit, or was this simply the result of FUD affecting…
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CrowdStrike Falls After Disappointing Earnings Outlook
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(Bloomberg) — CrowdStrike Holdings Inc. Earnings forecasts were weaker than expected, disappointing investors who were watching for signs that the cybersecurity company had recovered from a faulty update that crashed computers around the world. Most read from Bloomberg Adjusted earnings will range from 84 cents to 86 cents per share…
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CrowdStrike Falls After Disappointing Earnings Outlook
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(Bloomberg) — CrowdStrike Holdings Inc. Earnings forecasts were weaker than expected, disappointing investors who were watching for signs that the cybersecurity company had recovered from a faulty update that crashed computers around the world. Most read from Bloomberg Adjusted earnings will range from 84 cents to 86 cents per share…
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Unemployment in Israel falls to new low
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The unemployment rate in Israel fell to 2.5% in October, according to the Central Bureau of Statistics, compared to 2.7% in September. Unemployment, as defined in the broadest sense including the unemployed, employees placed on unpaid leave and those mobilized for reserve duty in the military, also fell to 3.4%…
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Private sector pay falls for first time in over 30 years
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The average monthly wage in Kenya’s private sector fell for the first time in more than three decades to Sh75,781, reflecting the impact of the country’s weak economy that has prompted companies to curb costs. The Kenya Revenue Authority (KRA) says pay per employee has fallen from Sh78,034 in the…
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Treasury’s bank referral scheme falls flat, securing loans for only 1 in 20 small businesses
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The Treasury’s bank referral scheme, which aims to increase access to finance for small businesses, has come under intense scrutiny after a recent audit revealed it secured loans for just one in twenty referred businesses. Under the scheme, nine major banks are required to refer small businesses that refuse loans…
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Ethereum Price Follows Bitcoin’s Rally, But Momentum Falls Short
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This article is also available in Spanish. Ethereum price has started to rise again above the $2,550 resistance level. ETH follows Bitcoin’s rise, but lacks the same strength. Ethereum started a nice increase above the $2,600 area. The price is trading above the $2,550 level and the 100 hourly simple…
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Bitcoin Coinbase Premium Falls To Record Lows, Potential Price Drop Imminent?
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key Bitcoin A gauge that has repeatedly pointed to a potential short-term rally for Bitcoin has fallen in the past few weeks into bearish territory, signaling a shift in interest among investors toward the largest cryptocurrency asset. Coinbase Premium Bitcoin Index Hits New Low IC News, a recent media outlet…
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Yen Falls, Japan’s Stocks Rise as Traders Weigh Election Impact
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(Bloomberg) — The yen extended losses to 1% while Japanese stocks rose Monday as investors pondered the ramifications of the Liberal Democratic Party and its ruling coalition partner losing their majority. Most read from Bloomberg The currency’s decline to 153.88 against the dollar came after four consecutive weekly declines. This…
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Funding for UK start-ups falls to six-year low as investment slows
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Investment in UK start-ups has reached its lowest level in six years, highlighting the growing challenge the government faces in stimulating economic growth. In the three months to September, there were just 32 fundraising rounds for early-stage companies, down from 75 in the previous quarter, according to data provided to…
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WLFI Token Launch, Backed By Trump, Falls Flat On $300 Million Fundraising Target
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The anticipated launch of Donald Trump’s Global Financial Freedom (WLFI) token has faced global challenges in raising the expected $300 million. Thus, fundraising activities were described as a Complete failure Within two days after its launch on October 15, WLFI had raised only about $11 million which was only 4%…
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WLFI Token Launch, Backed By Trump, Falls Flat On $300 Million Fundraising Target
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The anticipated launch of Donald Trump’s Global Financial Freedom (WLFI) token has faced global challenges in raising the expected $300 million. Thus, fundraising activities were described as a Complete failure Within two days after its launch on October 15, WLFI had raised only about $11 million which was only 4%…
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Dogecoin Holder Base Falls To 6-Month Low, But Analyst Believes DOGE Price Is Headed To $10
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This article is also available in Spanish. Dogecoin (DOGE)the world’s largest memecoin, has recently seen a sharp decline in its holder base, with new data confirming that the number of active long-term holders of the coin has fallen to its lowest level in six months. Amid this bearish development, the…
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Nvidia stock falls 5% as the U.S. eyes AI chip export limits
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Nvidia shares (NVDA) fell more than 5% on Tuesday, a day after closing at a record high. The chipmaker’s stock fell less than 1% in premarket trading, but was down about 5% by midday. The decline occurred after a report that The United States may put an end to sales…
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Nvidia stock falls 5% as the U.S. eyes AI chip export limits
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Nvidia shares (NVDA) fell more than 5% on Tuesday, a day after closing at a record high. The chipmaker’s stock fell less than 1% in premarket trading, but was down about 5% by midday. The decline occurred after a report that The United States may put an end to sales…
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Chinese Stocks Gain in Volatile Trade, Oil Falls: Markets Wrap
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(Bloomberg) — Chinese stocks erased declines to advance in choppy trading as investors weighed the impact of measures announced by the Finance Ministry to revive growth. Most read from Bloomberg The local stock index rose as much as 1.7%. The yuan fell as oil fell, reflecting doubts among some traders…
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Chinese Stocks Gain in Volatile Trade, Oil Falls: Markets Wrap
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(Bloomberg) — Chinese stocks erased declines to advance in choppy trading as investors weighed the impact of measures announced by the Finance Ministry to revive growth. Most read from Bloomberg The local stock index rose as much as 1.7%. The yuan fell as oil fell, reflecting doubts among some traders…
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Bitcoin Google Search Volume Falls To New 2024 Low — What’s Happening?
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After a strong start to 2024, Bitcoin’s price performance has been mostly disappointing throughout the year, failing to capitalize on the strong momentum of exchange-traded funds (ETFs). Despite its choppy nature, Bitcoin price action has been one of the most talked about topics in the cryptocurrency space this year. However,…
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Japan’s top FX diplomat warns against speculative moves as yen falls By Reuters
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Written by Makiko Yamazaki and Takaya Yamaguchi TOKYO (Reuters) – Japan’s top currency diplomat on Monday issued a warning against speculative moves in the foreign exchange market as the yen fell below 149 yen to the dollar. “We will monitor currency market movements, including speculative trading, with a sense of…