Category: tumbles
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Nvidia stock tumbles over 8% to close at lowest level since September
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NVIDIA (NVDA) arrow on Monday to the lowest closure price since last September with reports of giant AI chips that reach China despite export controls. The Wall Street Journal reported on Sunday The latest Blackweell chips in NVIDIA arrives in China Through third -party employees, using entities registered in the…
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Bitcoin whale ‘Spoofy’ accumulates $344M BTC as price tumbles below $90K
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Bitcoin, known as “Spoofy”, acquired more than 340 million dollars from BTC on Excination BitFinex, as the Bitcoin price fell to less than $ 90,000. On February 27, members of society I mentioned The whale has accumulated 4000 Bitcoin (BTC) while the original is between $ 82,000 and $ 85,000.…
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Krispy Kreme stock tumbles to all-time low as doughnut maker softens outlook
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Krispy Kreme (DNUT) investors did not heat the company’s transformation strategy. The shares of Donut Maker fell up to 27 % on Tuesday after the company missed the Wall Street standards in all fields for both the fourth fiscal quarter and the results of the entire year. The net revenue…
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Sterling tumbles as bond yields soar, fanning fears over UK public finances
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The British pound suffered its biggest three-day drop in nearly two years this morning, as investors continued to unload British government debt and turn to the US dollar. By early trading, the pound fell 0.9 percent against the dollar to $1.226, briefly touching its lowest level since November 2023. The…
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Dow, S&P 500 jump after Nvidia earnings, while Alphabet tumbles
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US stocks whipsawed Thursday as investors digested Nvidia’s (NVDA) earnings and a tumble from Alphabet (GOOG, GOOGL) amid a Department of Justice move to break up its empire. The Dow Jones Industrial Average (^DJI) led the way higher, gaining over 450 points, or about 1.1%. The S&P 500 (^GSPC) gained…
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AbbVie tumbles after new schizophrenia drug fails two trials
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(Bloomberg) — AbbVie Inc. shares fell. (ABBV) fell by the most in three years after two mid-stage trials of its schizophrenia drug failed to meet their primary target, a blow to the company’s $8.7 billion acquisition of Cerevel Therapeutics earlier this year. . Most read from Bloomberg AbbVie said Monday…
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Mixed signals in tech as Tesla tumbles and financials rally
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Stock Heat Map By FinViz.com Fri, 11 Oct 2024 13:46:10 GMT Mixed signals in the technology space with Tesla faltering and financial conditions rising The US stock market presents a mixed tapestry of performance today, influenced by varying sentiment across sectors. The heat map displays contrasting movements, with particular emphasis…
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Toncoin Tumbles To $4.6 As Bears Eye Further Decline, Will Support Hold?
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My name is Godspur Oye, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the way of life. My parents are the backbone of my story. They have always…
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Toncoin Tumbles To $4.6 As Bears Eye Further Decline, Will Support Hold?
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My name is Godspur Oye, I was born and raised in Edo State, Nigeria. I grew up with my three brothers who have always been my role models and mentors, helping me grow and understand the way of life. My parents are the backbone of my story. They have always…
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Asia FX muted as dollar steadies; yen tumbles as BOJ downplays rate hikes By Investing.com
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Most Asian currencies fell on Wednesday as the dollar regained more ground after recent declines, while the yen fell sharply after Bank of Japan officials downplayed expectations of a rate hike. Sentiment towards regional markets remained fragile, especially after concerns about a recession in the United States caused risk-oriented assets…
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NZDUSD tumbles lower and rocket higher in a volatile trading day. What next?
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The NZD/USD pair had a rollercoaster ride today as the pair hit a new low for the year (but only by about 3 pips). This low broke the lows of April and July. After the brakes failed, the price rocketed higher, erasing all the declines and trading higher during the…
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Bitcoin Price Tumbles To $61,000: What Next For BTC?
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Indeed, Bitcoin’s price performance has been one of the highlights of the cryptocurrency landscape in recent weeks. However, the leading cryptocurrency has not started the new month well, sparking talk of a history of the currency in August. Interestingly, one blockchain company has suggested that Bitcoin’s value may not be…
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Amazon stock tumbles 8% as profit, revenue outlook disappoints
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Amazon (AMZN) stock fell 8% in afternoon trading Friday after the retail and cloud giant delivered current-quarter forecasts on Thursday that missed expectations on both the top and bottom lines. The disappointing returns were compounded by a weak July jobs report, which sent the tech world and the broader market…
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Japanese yen surges, USDJPY tumbles amid suspected intervention By Investing.com
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The Japanese yen rose sharply against the US dollar on Wednesday and Thursday, with the USD/JPY pair falling to its lowest level in more than a month amid speculation that the government has intervened in currency markets. The pair, which measures the number of yen needed to buy one dollar,…
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Bitcoin tumbles to its lowest since February as downside momentum intensifies
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Bitcoin (BTC/USD) Daily Chart The signs were already building yesterday as sellers tested the waters below the 200-day moving average (blue line). This eventually led to a break of the May low today and momentum continues to build. Well, it certainly doesn’t look good on the charts. In terms of…
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Euro tumbles after Macron calls snap French election By Reuters
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By Alun John and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The euro fell sharply on Monday, hit by political uncertainty after far-right gains in Sunday’s European Parliament vote prompted French President Emmanuel Macron to call early general elections. Uncertainty in France adds another element to what will be a busy week…
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Bitcoin tumbles below $57,000 on day of Fed meeting
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Bitcoin appears to be on a path that contradicts the bullish outlook many investors had after the network halving on April 19. The coin fell 11% in the last day, trading at $56,889 on Wednesday afternoon, according to CoinGecko data. The cryptocurrency was trading at around $64,000 on the halving…