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PENGU continues plunge as insider moves $5.6M to exchanges

PENGU’s rally has reversed with a 17% weekly loss, as on-chain data points to one insider-linked wallet offloading over $17 million worth of tokens to exchanges since July. Summary PENGU is down 17% in a week as a wallet linked to the deployer sent over $17M worth of tokens to exchanges. Technical indicators show early … Read more

Novo Nordisk shares plunge after Wegovy-maker cuts full-year guidance

Medical bottles and a syringe are seen with the Novo Nordisk logo displayed on a screen in the background. Nurphoto | Nurphoto | Getty Images Danish pharmaceutical giant Novo Nordisk on Tuesday cut its full-year sales and profit guidance, citing weaker growth expectations for its blockbuster Wegovy obesity drug in the key U.S. market. The … Read more

Puma shares plunge 18% after full-year sales, profit outlook cut on U.S. tariffs

Sign at the entrance to the Puma store in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Puma shares plummeted 18% Friday after the German sportwear brand posted worse-than-expected second-quarter sales and cut its full-year guidance, flagging the impact of U.S. trade tariffs. In a preliminary updated after markets closed on Thursday, the retailer … Read more

Tesla shares drop 6% in premarket trading after auto sales plunge again

Elon Musk, during a news conference with President Donald Trump, inside the Oval Office at the White House in Washington on May 30, 2025. Tom Brenner | The Washington Post | Getty Images Tesla shares fell 6% in premarket trading on Thursday after the company reported a second straight quarter of declining automotive sales. Elon … Read more

Samsung projects a 56% plunge in operating profit, blaming U.S. chip controls on China

Samsung Electronics said Tuesday it expected its second quarter operating profits to fall by more than half, blaming U.S. export controls on advanced AI chips to China. The firm is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of the family-controlled conglomerates that dominate business in Asia’s fourth-largest economy. The … Read more

NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

The NFT market has experienced a sharp drop, with sales volume falling by 18.43% to $116.9 million. According to data from CryptoSlam, this marks a reversal from the previous week’s strong performance. Bitcoin (BTC) price has dropped to $103,000. At the same time, Ethereum (ETH) has dropped 4% in the last seven days. The global … Read more

UK exports to the U.S. plunge by most on record as tariffs bite

Container ships at Felixstowe port in Felixstowe, UK, on Wednesday, April 9, 2025. Bloomberg | Bloomberg | Getty Images U.K. goods exported to the U.S. dropped by £2 billion ($2.71 billion) in April, figures published by the Office for National Statistics on Thursday showed, marking the biggest monthly decrease since records began in 1997. The … Read more

eToro Reports Strong Q1 on Back of Increased Trading Activity, But Shares Plunge by 12%

eToro reported a net income of $60 million for Q1 2025 on 10 June 2025, posting robust financial results due to strong user engagement and a significant uptick in trading activity across its global markets. eToro’s net contribution for Q1 increased by 8%, reaching $217 million. eToro ~ $ETOR Q1/25 For the first quarter of … Read more

Bitcoin inches toward $110K as exchange reserves plunge

Bitcoin surged roughly 3.8% over the past 24 hours, briefly breaking above the $110,000 mark before settling around $109,600 by Tuesday morning Asian hours. This move marks Bitcoin’s (BTC) strongest performance in June so far, reversing last week’s drop that saw the asset dip near $100,000. The price now sits just 3% below its all-time … Read more

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