Roblox shares plunged 11.1% after the gaming platform fell short of Wall Street’s bookings and daily active user estimates. The stock posted its worst day since May 2024. Roblox reported bookings of $1.36 billion for the fourth quarter, versus the $1.37 billion expected by analysts polled by LSEG. Daily active users came in at 85.3 million, reflecting 19% growth from …
Read More »Ripple (XRP) Plummets to 3-Week Low Despite Strong Endorsement From SBI CEO
TL:DR; The overall market crash that started late last night only worsened in the past few hours, and Ripple’s native token is among the poorest performers, with a massive 15% daily drop. This comes despite a highly positive endorsement from SBI’s CEO, who predicted that XRP’s price could shoot up in the next few weeks. XRPUSD. Source: TradingView It’s worth …
Read More »S&P Gives up Gain, Dow Plummets to Close out Week, Month
The S&P 500 slid Friday as the market reacted to news that President Donald Trump’s aggressive tariffs against major U.S. trading partners would begin on Saturday. The Dow Jones Industrials plummeted 337.53 points to 44,544,60, weighed by a decline in Chevron The much-broader index faded 30.71 points to 6,040.46 The NASDAQ Composite slumped 54.31 points to 19,627.40. After tumbling 3.1% …
Read More »US Activity to RedNote Plummets After TikTok Returns
If you’ve stopped visiting RedNote, you’re not alone. Visits to the app from US users plunged after TikTok decided to continue operating in the country. According to internet traffic monitor Similarweb, RedNote’s daily active users reached 32.5 million on Sunday, Jan. 19 but dropped to 14.9 million users the next day, a 54% dip. TikTok briefly went dark over the weekend …
Read More »Crypto liquidations hit $1B over 24 hours as Bitcoin plummets
Crypto market liquidations over the last 24 hours have reached over $1 billion as Bitcoin briefly fell back below $100,000 after reaching near its all-time high. CoinGlass shows that in the past day, $1.18 billion has been liquidated from nearly 406,000 traders, split between around $921 million in long liquidations and $260 million in short liquidations. Ether (ETH) liquidations led …
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