TAG Balenciaga And Gucci Begin To Accept Crypto Payments
Global and crypto markets rallied yesterday, before Bitcoin (CRYPTO: BTC) plunged and decoupled from equities in the opposite direction to which crypto bulls would like. Snapchat fell 28% after earnings yesterday, causing additional panic in the markets leading to the Nasdaq, in particular, selling off.
Stocks That Hit 52-Week Lows On Wednesday
Wednesday's session saw 784 companies set new 52-week lows.
Stocks That Hit 52-Week Lows On Tuesday
During Tuesday, 581 stocks hit new 52-week lows.
Interesting Highlights From Today's 52-Week Lows
Meta Platforms (NASDAQ:FB) was the biggest company on a market cap basis to set a new 52-week low.
Goldman Sachs Pauses Relations With Sanctioned Oligarch Linked PE Firm: FT
Goldman Sachs Group (NYSE:GS) and Kirkland & Ellis halted new business with Pamplona Capital Management, the Financial Times reports. Sanctioned…
Is Immutable Holdings The Publicly-Listed Berkshire Hathaway Of Blockchain?
Immutable Holdings Inc. (NEO: HOLD), a company seeking to democratize blockchain investing, began trading on the Canadian-based NEO Exchange.
Earnings Scheduled For October 29, 2021
Companies Reporting Before The Bell
• Sify Technologies (NASDAQ:SIFY) is expected to report quarterly earnings at $0.02 per share on revenue of $97.70 million.
Redwood Trust Coordinates First Securitization Backed Entirely By Home Equity Investments
Redwood Trust, Inc. (NYSE: RWT) has teamed with the fintech platform Point on what the companies said is the first-ever securitization backed entirely by residential Home Equity Investment (HEI) agreements.