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
The US economy has recently taken hits that would have stalled most developed systems. Tariffs were announced and withdrawn, then reintroduced. Trade relationships were tested. Government spending surged while policy direction changed repeatedly. But despite all that, growth stayed firm and markets kept moving higher. The US President argues that’s a sign of hidden strength.
Nio stock price continued its recent downward trend even after the company announced a big increase in its January deliveries. It crashed to a low of $4.52, its lowest level since August last year and 43% below its highest point in September last year. This article explores whether it is safe to buy the dip.
Polygon’s POL is one of the best performers among the top 100 cryptocurrencies by market cap. The coin takes a breather above $0.11 after adding 11% to its value in the last 24 hours. The rally comes as Polygon recorded its largest monthly burn of more than 25 million POL tokens in January. This latest
Brazil’s central bank signalled it is ready to start reducing interest rates in March but insisted borrowing must remain expensive and decision-making regarding the magnitude and length of the easing cycle must be gradual, based on incoming macroeconomic data. Policymakers maintained the benchmark Selic rate at 15% for the fifth straight time, and the guidance was
After a roller-coaster start to 2026, both gold and silver prices plummeted in the last couple of trading sessions. But, prices have started to rise again on Tuesday as gold surged more than 6%, while silver nearly 14% from Monday’s close. Experts believe that prices are likely to stabilise and even recover further, especially for