Wednesday, January 19th, 2022

Tag: plunge

Alibaba earnings fiscal Q2: Revenue misses, earnings plunge

Signage for Alibaba Group Holding Ltd. displayed at the company’s headquarters in Hangzhou, China, on Wednesday, Nov. 10, 2021. Alibaba’s annual 11.11 Singles’ Day online shopping bonanza, one that draws in hundreds of millions...

Bitcoin (BTC) drops toward $60,000 as major cryptocurrencies plunge

A representations of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken May 19, 2021. Dado Ruvic | Reuters Bitcoin and other cryptocurrencies fell sharply on Tuesday retreating...

Twilio CEO touts company’s growth outlook after recent stock plunge

Twilio co-founder and CEO Jeff Lawson told CNBC on Monday that a late-October stock slide shouldn’t distract investors from the company’s long-term growth trajectory. “Our growth has been in the range of high 30s...