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Hedge funds hit with steepest margin calls since 2020 Covid crisis

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Hedge funds have been hit with the biggest margin calls since Covid shut down huge parts of the global economy in 2020, after Donald Trump’s tariffs triggered a powerful rout in global financial … Read more

Coinbase shares sink in steepest drop since FTX turmoil

Key Takeaways Coinbase shares fell 31%, marking their steepest drop since the FTX collapse in late 2022. The crypto downturn is driven by macroeconomic concerns, including US trade tensions and recession fears. Share this article Coinbase (COIN) stock took a hit this quarter, falling by around 31%. It represents its worst performance since the FTX … Read more

Tesla shares plunge 15%, suffering steepest drop in five years

Tesla’s sell-off on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020. On Friday, Tesla wrapped up a seventh straight week of losses, its longest losing streak since debuting on the Nasdaq in 2010. The stock has fallen every week since … Read more

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