The Snap stock price crashed to a record low and flipped a crucial support level for the first time ever. It dropped to an all-time low of $5.9 after the company published its financial results and launched a large share buyback, a sign that the management expects it to rebound. Snap launches a share buyback
Alphabet stock (NASDAQ: GOOGL) plunged over 7% in the pre-market trading on Thursday, despite beating revenue and profit estimates for the fourth quarter. The sharp sell-off came despite some impressive milestones like cloud and search firing and annual sales topping 400 billion dollars for the first time. The investor caution began once executives unveiled a
The number of Americans filing new applications for unemployment benefits rose more than expected last week, highlighting short-term disruptions from severe winter weather even as the broader labour market continues to show signs of resilience. Initial claims for state unemployment benefits increased by 22,000 to a seasonally adjusted 231,000 in the week ended January 31,
US stocks head into Thursday’s session on the back foot after another bruising tech selloff knocked Wall Street’s most popular trades off their pedestal. The S&P 500 dropped around 0.46%, while the Nasdaq Composite slid about 0.6%, extending a sharp two‑day retreat in high‑growth names. The Dow Jones Industrial Average shed roughly 240 points, or
As investors concentrated on political developments and a packed schedule of corporate earnings, Ibovespa futures were trading higher on Thursday, indicating a cautiously optimistic tone in Brazilian markets. The February futures contract was up 0.17% at 182,705 points at 9:07 a.m. Brasília time. According to local media outlet InfoMoney, most of the market’s focus was
Bitcoin and broader risk assets fell into the Asia open on Monday, with a historic plunge in precious metals amplifying volatility and steering traders toward safety. The total digital asset market value dropped by $250 billion over the weekend, a move that macro investor Raoul Pal says reflects a shortage of US liquidity rather than
The crypto market crash continued on Monday, with Bitcoin and most altcoins being in the red. Bitcoin price dropped to $75,000 while the market capitalization of all coins dropped by 4.4% in the last 24 hours to $2.55 trillion. Most altcoins were in the red, with the top laggards being tokens like River, Monero, Ethereum,
Asian markets opened the week under heavy pressure as a sharp selloff in South Korean equities set the tone for the region, while investors weighed mixed signals from China’s manufacturing sector, steep losses in precious metals, sliding oil prices, and a major leadership development at Walt Disney. Asian markets lead declines as South Korea tumbles
Prediction markets have turned markedly more bearish on Bitcoin following a sharp weekend sell-off that briefly pushed the cryptocurrency below $75,000 on Monday, erasing earlier gains and intensifying concerns about the rally’s durability. On Polymarket, traders sharply increased wagers on further downside. The odds of Bitcoin falling below $65,000 at some point in 2026 climbed
Bitcoin price visited a 9-month low before stabilising around $77,000 as the crypto market continued to tumble for the fourth straight day. Market sentiment remained completely risk-averse as investors digested a plethora of bearish headlines. Reflecting the current mood, the Crypto Fear and Greed Index fell to its lowest in over a month at 15,