Category: slides
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Dow slides 450 points, S&P 500 retreats from record as Walmart gives cautious outlook
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Investor EmpiresMGM’s MGM (amzn) studios control the Falls of James Bond, where the company is looking to deepen its site in broadcasting wars, The company announced on Thursday. The studio will form a joint project to acquire intellectual property rights from producers Barbara Brocoli and her husband Michael Wilson. The couple,…
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Bitcoin Slides To $94,000 After CPI Surprise
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Investor EmpiresThis article is also available in Spanish. The Bitcoin (BTC) reaction was sharply with the most hot American consumer price index (CPI), as it decreased from about 96600 dollars to less than 94,088 dollars. It is worth noting that BTC was already heading down due to the escalation of geopolitical…
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Alphabet Slides After Cloud Sales Fall Short of Expectations
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Investor Empires(Bloomberg)-Google Parent Alphabet Inc. Revenue in the fourth quarter, which was absent from the expectations of analysts after the slowdown in its cloud business, which raised the concern of investors about the billions that the company spends on artificial intelligence. Most of them read from Bloomberg Alphabet said on Tuesday…
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Nasdaq slides, Dow stalls ahead of Fed decision, Big Tech earnings bonanza
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Investor EmpiresThe technology led the shares low on Wednesday morning, as the broader mood remained silent before the first large technology profits and the interest rate of the Federal Reserve. The NASDAQ Technology (^IXIC) has decreased by 0.7 %, after the reversal increased on Tuesday. S&P 500 (^GSPC) decreased by 0.4…
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Nvidia Slides After Unveiling Leaves Investors Wanting More
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Investor Empires(Bloomberg) — Nvidia Corp. shares fell Tuesday after a wide-ranging product presentation by CEO Jensen Huang failed to propel the artificial intelligence chip maker to new heights. Most read from Bloomberg The stock fell 6.2% to $140.14 in New York, marking the biggest single-day drop in four months. Although Nvidia’s…
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Solana (SOL) Slides to Support: Bulls Ready to Defend?
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Investor EmpiresSolana trimmed gains and traded below the $175 support zone. SOL price is now approaching the $165 support level and may bounce back in the near term. SOL price started a new decline after struggling near the $185 area against the US dollar. The price is now trading below the…
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Solana (SOL) Slides to Support: Bulls Ready to Defend?
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Investor EmpiresSolana trimmed gains and traded below the $175 support zone. SOL price is now approaching the $165 support level and may bounce back in the near term. SOL price started a new decline after struggling near the $185 area against the US dollar. The price is now trading below the…
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Crypto Liquidations Top $190 Million As Bitcoin Slides Below $67,000: Can BTC Rebound?
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Investor EmpiresIn the last 24 hours, $190 million worth of cryptocurrency liquidations were recorded as Bitcoin (BTC) failed to break the crucial $70,000 resistance level. Bitcoin is still range bound, just shy of the new ATH according to Data From CoinGlass, In the past 24 hours, more than 60,000 traders with…
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Asia FX weakens as yuan slides; dollar firm amid bets on smaller rate cut By Investing.com
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Investor EmpiresInvesting.com — Most Asian currencies fell on Tuesday, with the Chinese yuan falling sharply as domestic trade resumed after a week-long holiday. The dollar remained within sight of its highest levels in the last seven weeks amid growing bets on a slowdown in the pace of interest rate cuts by…
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Dogecoin Slides 18% But Whale Activity Suggests Bullish Outlook
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Investor EmpiresThis article is also available in Spanish. The price of Dogecoin saw a significant decline this week, falling more than 20% at times, from a peak of $0.1321 on Saturday to a low of $0.1026 by Tuesday. Despite this decline, on-chain metrics and expert analysis point to a potentially bullish…
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Dogecoin Slides 18% But Whale Activity Suggests Bullish Outlook
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Investor EmpiresThis article is also available in Spanish. The price of Dogecoin saw a significant decline this week, falling more than 20% at times, from a peak of $0.1321 on Saturday to a low of $0.1026 by Tuesday. Despite this decline, on-chain metrics and expert analysis point to a potentially bullish…
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Dow slides 600 points, Nasdaq sinks 3% as Nvidia leads chip sell-off
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Investor EmpiresInvestors kicked off September trading with a bang, with stocks tumbling Tuesday to kick off a historically tough month for markets, with artificial intelligence leader Nvidia (NVDA) and chipmakers leading tech stocks lower. The turn to red comes amid a crucial week of economic and labor market data, led by…
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Dollar climbs after Fed decision while pound slides as BoE cuts rates By Reuters
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Investor EmpiresBy Harry Robertson, Sruthi Shankar and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar rose on Thursday after falling the previous day as central banks continued to roil currency markets, while sterling fell to a four-week low after the Bank of England cut interest rates from a 16-year high. The dollar…
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Shiba Inu price slides as traders pivot to this new memecoin ICO
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Investor EmpiresDisclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. Shiba Inu token prices have been volatile, with SHIB down significantly by 6.77%. Traders are flocking to the Shiba Shootout presale, which has raised over $700,000. Shiba Inu tokens have…
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Net Interest Margin Slides, Average Loans Decline, Stock Falls
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Investor EmpiresWells Fargo Q2 Earnings: Net Interest Margin Declines, Average Loans Declines, Stocks Drop Wells Fargo & Co. WFC (NYSE:WFC) reported net income of $4.91 billion, down 1% year over year in Q2 2024. The company Reported GAAP earnings per share were $1.33, beating the consensus of $1.29. Revenue rose 1%…
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Japanese yen firms, USDJPY slides amid intervention talk, rate cut hopes By Investing.com
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Investor EmpiresThe Japanese yen rose sharply late Thursday, with the USD/JPY pair falling to its lowest level in nearly a month amid speculation about possible government currency intervention. The yen’s strength also came as weaker-than-expected U.S. consumer price index data hurt sentiment and boosted expectations of a September interest rate cut…
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Bitcoin slides to four-month lows, ether sinks 8% By Reuters
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Investor EmpiresSINGAPORE (Reuters) – Bitcoin fell to a four-month low on Friday and was on track for its worst weekly performance in a year, hurt by uncertainty over whether Joe Biden will remain the Democratic Party’s nominee for U.S. president and concerns about potential increases in the supply of cryptocurrencies. Bitcoin…
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Yen slides to fresh lows as Japan authorities stick to sidelines By Reuters
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Investor EmpiresBy Kevin Buckland TOKYO (Reuters) – The yen fell to a 38-year low against the dollar and a record low against the euro on Wednesday as the Japanese currency continued its slide with Japanese officials largely on the sidelines amid the risk of intervention. The dollar rose, recovering losses from…
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US futures slip as Micron slides, with data on deck
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Investor EmpiresUS stock futures fell on Thursday after chipmaker Micron’s (MU) outlook dented hopes for a rise in technology stocks, while investors braced for new economic data ahead of an inflation reading that is key to Federal Reserve policy. S&P 500 futures fell nearly 0.2%, after rising on Wednesday to close…
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GSK slides 6% after US CDC narrows scope of RSV shots By Reuters
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Investor Empires(Reuters) – GlaxoSmithKline shares fell more than 6% on Thursday, a day after the U.S. public health agency narrowed its recommendation for the use of all respiratory syncytial virus (RSV) vaccines and suspended recommending their use in people under 60. The US Centers for Disease Control and Prevention (CDC) said…