Tag Archives: plunges

Amazon stock plunges after Trump pledges to “go after” Bezos' online retail giant

Shares in the US e-commerce behemoth Amazon dropped by nearly five percent, wiping over $ 30 billion from its market value, after reports that President Donald Trump wants to curb the firm’s growing power. According to a report by the US news and information website Axios, Trump is planning to “go after” the world’s largest online retailer amid growing concerns ...

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Bitcoin plunges below $10,000 as major crypto exchange to share user details with US tax authorities

The cryptocurrency market, led by bitcoin, plummeted after US-based exchange Coinbase said it would hand over the data of nearly 13,000 of its customers to the US Internal Revenue Service (IRS). Bitcoin, the world’s number one digital currency, was trading at slightly over $ 9,529 at 8:21am GMT on Monday, off last week’s peak of $ 12,000. The virtual currencies ...

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Dow down 1,000 points as US stock market plunges again

All US stock market indexes were down when they closed amid a volatile trading week that some analysts say could be on pace to match the 2008 financial crisis. The Dow Jones Industrial Average dropped by 1,032 points on Thursday, or 4.15 percent, closing at 23,860.46. The Nasdaq Composite was down 274 points, closing at 6,777.16, and the S&P 500 ...

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Bitcoin plunges below $10,000 as cryptocurrency sell-off continues

The digital currency market is extending its losses, with all the major cryptocurrencies on a broad sell-off. Bitcoin is headed for its worst monthly slide since December 2013. Read more The market leading digital currency slid 12 percent on Wednesday to $ 9,817, before recovering slightly above $ 10,000, according to the CoinMarketCap website. Its market cap is currently around ...

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Facebook stock plunges on news feed overhaul

Shares in Facebook dropped by more than 4 percent ahead of Friday’s opening bell after the CEO announced changes to the platform’s centerpiece news feed, which he said would hit user engagement in the near term. The company is planning to change the filter for its news feed to prioritize what friends and family share, while reducing the amount of ...

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Bitcoin plunges by 30% after record high of $20,000

Published time: 22 Dec, 2017 06:59 The price of bitcoin fell to less than $ 13,080 on Friday morning, according to CoinDesk.com. That makes an 18-percent drop since its previous slide, and more than 30 percent since it reached the historic 20k mark last week. The cryptocurrency has experienced its second major drop in just days. Rival bitcoin cash has ...

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Ukraine gas transit to Europe plunges by quarter after pipeline blast in Austria

Published time: 13 Dec, 2017 09:46 Ukraine is sending 23 percent less Russian gas this Wednesday to Europe following the fatal explosion at the Austrian gas facility on Tuesday. Read more Despite the plunge in transit, “Ukraine will timely fulfill the requests of European importing countries and is ready to increase the volume of pumping of gas to Europe after ...

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Man plunges 50 feet from balcony at WTC Oculus transit hub

A man plunged about 50 feet from a balcony at the Oculus transit hub in lower Manhattan Tuesday and suffered serious injuries, officials and sources said. The man in his 40s jumped from a spot by the east staircase near the Church Street projection, a Port Authority Police Department spokesman said. “There was a scream and a splat and a ...

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Acrobat plunges to his death moments before Green Day performance

The second day of Spain’s Mad Cool Festival took a tragic turn when concertgoers watched in horror as an acrobat fell almost 100 feet to his death during a stunt. According to the Mirror, the aerialist was performing Friday night in a cage high above the stage when the harness around his waist somehow snapped causing him to plunge to ...

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Billions set to be lost as Libyan civil war plunges luxury resort city plans into chaos

Stretching over two miles of virgin land, 40 miles east from the Libyan capital Tripoli, there were even plans for a cruise liner terminal at Green City and a hospital.  However, the £5billion dream development covering 260 hectares remains just that as the project collapsed in a legal quagmire as Libya disintegrated into civil war.  One British creditor, Richard Wiseham, ...

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