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Coinbase drops 11% after Goldman Sachs downgrades the crypto exchange on declining trading volumes amid bitcoin bear market

"We believe valuation support is limited as higher revenues in the near term would require higher c…

Matthew Fox   


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Twitter stock tumbles 11% after Elon Musk says $44 billion buyout deal is on hold

Elon Musk tweeted to say the $44 billion Twitter deal had been paused, pending more details about f…

Harry Robertson   


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Warren Buffett's Berkshire Hathaway has piled nearly $10 billion into Occidental Petroleum this year - and built 75% of its stake in only 11 days

Buffett's conglomerate has purchased nearly 20% of the oil-and-gas company over the course of 29 tr…

Theron Mohamed   


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Warren Buffett's Berkshire Hathaway buys another $700 million of Occidental Petroleum stock and now commands a $11 billion stake in the energy giant

Buffett's company has plowed more than $9 billion into the oil-and-gas company since March, includi…

Theron Mohamed   


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Amazon tumbles 11% after posting first loss in 7 years, wiping out $160 billion of value

Amazon's bottom line was hit hard by a $7.6 billion drop in the value of its stake in electric-car …

Harry Robertson   


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Adobe slumps 11% as the software maker says halting sales in Russia will reduce yearly revenue

Adobe stopped new product sales in Russia and Belarus earlier this month, after Vladimir Putin orde…

Carla Mozée   


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Twitter's stock has fallen so much that Elon Musk's $1.1 billion profit is now a $40 million loss

Twitter has fallen 31% over the past four weeks, wiping out the entirety of Elon Musk's $1.1 billio…

George Glover   


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IPL Auction: Punjab Kings grab Harshal Patel for Rs 11.75 crores, becomes second millionaire today

Punjab Kings grabbed the Indian pacer Harshal Patel for a whopping Rs 11.75 cr in the ongoing India…

ANI   


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The S&P 500 will plunge 11% by the end of 2022 as 'inflation shock' sparks a recession, Bank of America says

Quantitative tightening by design will be negative [for] financial assets," Bank of America analyst…

Matthew Fox   


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Roblox jumps 11% after it partners with NFL to launch metaverse game ahead of Super Bowl

"We see Roblox as an extension of NFL's real-life engagement platforms for emerging social connecti…

Matthew Fox   


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The SPAC taking Trump's Truth Social public slides 11% as 2 key executives reportedly depart the social media app

DWAC shares have been under pressure recently following the rocky launch of the Truth Social conser…

Carla Mozée   


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George Soros' deputy sounds the recession alarm, slams SPACs, and says crypto is here to stay. Here are her 11 best quotes from a new interview.

Dawn Fitzpatrick, the head of Soros Fund Management, called out the Fed for being slow to tackle in…

Theron Mohamed   


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Xiaomi Mi 11 Pro to launch next month, says report

Xiaomi is reportedly planning to launch the Pro version of its recently announced flagship smartpho…

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Crypto journalist says she uncovered the identity of the 2016 DAO hacker who stole $11 billion in ether

Author Laura Shin said she spent years tracing transactions and reviewing conversations and clues. …

Natasha Dailey   


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Alibaba rises as much as 11% after the Chinese e-commerce giant lifts its share buyback program to $25 billion

This is the Chinese e-commerce company's largest ever share buyback plan and will be valid for two …

Hamza Fareed Malik   


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Tesla falls 11% as Elon Musk sets focus on Twitter and Ford announces it will scale up production of electric F-150 amid huge demand

Musk has put up tens of billions of dollars worth of his Tesla stock as collateral to fund his acqu…

Matthew Fox   


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Elon Musk's net worth soars by $21 billion as Tesla stock jumps 11% in the tech rebound

Monday's rally in technology stocks pushed up the net worth of the world's 10 richest people by mor…

Harry Robertson   


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Nio plummets 11% after it shuts down production due to supply chain disruptions caused by city-wide COVID-19 lockdowns in China

Tesla's Shanghai plant has been shut down since late March, while auto plants tied to Volkswagen's …

Matthew Fox   


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The cheapest piece of metaverse land you can buy is going for a whopping $11,000

Virtual land has become a hot commodity as parcels have sold for hundreds of thousands and even mil…

Natasha Dailey   


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Chipotle jumps 11% on earnings beat as price hikes at the fast-casual chain help offset inflation pressures

Chipotle was able to beat Wall Street's earnings target in the face of higher costs for food, bever…

Carla Mozée