Category: falls
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Asia FX weak as yen falls from 7-mth peak; Aussie firms on hawkish RBA By Investing.com
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Most Asian currencies were slightly lower on Tuesday as the dollar steadied after its recent slide, with the Japanese yen retreating from seven-month highs. The Australian dollar was among the region’s best performing currencies, rising after the Reserve Bank of Australia kept interest rates unchanged but took a hawkish stance…
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ZoomInfo stock falls 16% on weak guidance, CFO transition; Analysts downgrade By Investing.com
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ZoomInfo shares fell 10% in after-hours trading Tuesday after the company reported second-quarter earnings that missed analysts’ expectations and gave weaker-than-expected guidance. The product launch services company also announced a leadership change in its finance department. ZoomInfo reported adjusted earnings per share of $0.17 for the second quarter, missing analysts’…
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Bitcoin Price Falls To $61K Amid War And Recession Fears
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The ongoing Israeli-Palestinian conflict has emerged as a significant factor influencing the cryptocurrency market crash. Following an airstrike that killed a prominent Hamas leader in the occupied West Bank, tensions have escalated, with both sides engaging in retaliatory actions. The United Nations has reported extensive damage in Gaza, with thousands…
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Bitcoin Price Falls To $61K Amid War And Recession Fears
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The ongoing Israeli-Palestinian conflict has emerged as a significant factor influencing the cryptocurrency market crash. Following an airstrike that killed a prominent Hamas leader in the occupied West Bank, tensions have escalated, with both sides engaging in retaliatory actions. The United Nations has reported extensive damage in Gaza, with thousands…
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Dollar falls as data points to economic slowdown; sterling weak By Investing.com
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Investing.com – The U.S. dollar fell in early European trade on Friday after weak data fueled concerns of a sharp slowdown in the world’s largest economy, which could prompt the Federal Reserve to ease monetary policy significantly. At 04:00 ET (09:00 GMT), the dollar index, which tracks the greenback against…
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The Atlanta Fed GDPNow growth estimate for Q3 falls to 2.5% from 2.8%
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Hertz stock falls 7% on wider-than-expected Q2 loss, revenue miss By Investing.com
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Hertz Global Holdings (OTC:), Inc. (HTZ) announced its financial results for the second quarter of 2024 on August 1, 2024. HTZ reported revenue of $2.4 billion in the second quarter, slightly below analyst estimates of $2.47 billion. This represents a 3% increase year-over-year compared to $2.437 billion in the second…
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EURUSD falls below 200 day MA but finds support buyers near the 100 day MA
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The EUR/USD pair fell below the 200-day moving average at 1.08173, preceded by an extension of the decline on the back of a technical breakout. However, once the price reached the 200-bar moving average on the 4-hour chart and the 100-day moving average between 1.07946 and 1.07994, buyers stopped the…
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Bitcoin Price Falls Below $66,000
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The cryptocurrency market has recently seen a sharp volatility, with Bitcoin (BTC) seeing a significant drop below the $66,000 level. This sudden drop has investors worried, prompting them to look for possible reasons behind the move in the Bitcoin news market. Two major factors have emerged as potential drivers of…
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Bitcoin Price Falls Below $66,000
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The cryptocurrency market has recently seen a sharp volatility, with Bitcoin (BTC) seeing a significant drop below the $66,000 level. This sudden drop has investors worried, prompting them to look for possible reasons behind the move in the Bitcoin news market. Two major factors have emerged as potential drivers of…
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Oil falls by more than $1/bbl as Israel officials seek to avoid broader Middle East war By Reuters
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Written by Leila Kearney NEW YORK (Reuters) – Oil prices fell more than $1 a barrel on Monday after Israeli officials said they wanted to avoid dragging the Middle East into all-out war while responding to a deadly rocket attack on the Israeli-occupied Golan Heights over the weekend. U.S. crude…
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Abbott Labs falls after jury awards plaintiff $495M in damages in baby formula case
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LPETT Update at 8:10 PM: Damage update, adds Abbott’s comment. Abbott Laboratories (New York:ABT) decreased by 5% In after-hours trading after a St. Louis jury awarded a plaintiff $495 million in damages and penalties over allegations that the company’s infant formula caused A potentially fatal bowel disease. Margo Gill, an…
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Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms
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Tonquin (TON) recently saw a significant price drop, as it dropped below its 100-day simple moving average (SMA). This breakout of a crucial technical indicator has put the digital asset under downward pressure, raising concerns among investors and traders. With the $6 level now approaching as a potential target, there…
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Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms
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Tonquin (TON) recently saw a significant price drop, as it dropped below its 100-day simple moving average (SMA). This breakout of a crucial technical indicator has put the digital asset under downward pressure, raising concerns among investors and traders. With the $6 level now approaching as a potential target, there…
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Ford profit disappoints, stock falls 11% as quality issues dog automaker By Reuters
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By Nora Eckert and Nathan Gomez (Reuters) – Ford Motor Co reported a drop in second-quarter adjusted profit on Wednesday as the automaker continued to grapple with costly quality issues and an electric vehicle business that weighed on its bottom line, sending shares down 11% in after-hours trading. The Detroit…
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Gold falls below $2400 in heavy selling
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Gold daily You might expect gold to benefit from the global computer crash, but that’s not the case today. Commodities are suffering across the board due to profit-taking. Gold is down about 2% and silver is down 3.3% after the breakout we had this week failed. Gold has now fallen…
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Microsoft stock falls as outage grounds flights, Azure services impacted By Investing.com
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Microsoft (NASDAQ:) experienced an outage of Azure and Office365 services that grounded flights by at least two low-cost airlines in the United States late Thursday, with services still suspended through Friday morning. Microsoft shares fell 1.8% in premarket trading on Friday. Frontier Airlines said its systems were gradually returning to…
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US stock futures steady as Wall St falls after CPI data; Q2 earnings awaited By Investing.com
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U.S. stock index futures were flat in overnight trading Thursday as Wall Street took a hit from profit-taking even as inflation showed signs of slowing, with focus now shifting to the second-quarter earnings season. The index settled at 5,641.50 points, while it settled at 20,444.25 points by 19:03 ET (23:03…