I Agree: Don’t Regulate Crypto, Let it Burn. Making Good Progress on its Own by Wolf Richter • Nov 21, 2022 • 350 Comments By letting it burn, it won’t get big enough to cause major contagion outside of crypto.
Cryptos Plunge, Contagion Sweeps Across DeFi: Trying to Go to Heaven Together, End Up Going to Heck Together? by Wolf Richter • Nov 9, 2022 • 228 Comments Binance-FTX deal now in doubt after revelations of huge black hole and investigations by the SEC and CFTC.
What a Day for Imploded Stocks: Affirm, Upstart, CarGurus, Lyft, MicroStrategy, Robinhood, Coinbase, and a Crypto Meltdown by Wolf Richter • Nov 9, 2022 • 131 Comments When a crypto-meltdown collides with earnings reports.
Shares of AI-Powered Home-Flipper Disruptor-SPAC Opendoor Get Annihilated by Wolf Richter • Nov 8, 2022 • 89 Comments Another big investor that pulls back from the housing market: it’s now a net-seller.
Imploded Stocks of the Day: Carvana, Twilio, Atlassian, Cloudflare by Wolf Richter • Nov 6, 2022 • 203 Comments The free-money virus turned investors’ brains to mush. But the healing has started, interest rates are recovering, QT is here, and look what we got.
Fed Hikes 75 Bpts to 3.75-4.0%, Pivots Even More Hawkish: “Very Premature to Be Thinking about or Talking about Pausing.” Markets Tank by Wolf Richter • Nov 2, 2022 • 231 Comments “What I’m trying to do is make sure our message is clear: we think we have a ways to go,” Powell said. “Rates have to go higher and stay higher for longer.”
Meta Makes Huge Mess Afterhours, Enters my “Imploded Stocks,” after Tech & Social-Media Already Messed up the Day by Wolf Richter • Oct 26, 2022 • 191 Comments Meta shares plunge 19% after hours, for a total plunge of 24% for the day: metaverse woes, online advertising, expenses.
Snap Makes Mess Afterhours, Splatters Again on Meta, Pinterest, Alphabet: Online Advertising in the Holiday Quarter, Oh Deary by Wolf Richter • Oct 20, 2022 • 105 Comments Snap is a paragon of my Imploded Stocks. Meta, after tonight’s drop, is just a hair away.
The 5x Spike & Now Implosion of Generac’s Stock Shows What Went Horribly Wrong in the Markets since Feb. 2020 by Wolf Richter • Oct 19, 2022 • 71 Comments This chart is a warning for dip-buyers that think the bottom is in after each plunge. But the bottom isn’t in until the last dip-buyers get crushed.
As Autonomous-Driving SPACs Implode, Intel Slashes Mobileye IPO Valuation Target by 60% by Wolf Richter • Oct 17, 2022 • 67 Comments Wait a minute… Why would anyone buy the shares at any price given that, after 23 years, Mobileye still loses a ton of money?
