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BeInCrypto

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BeInCrypto

Snap Stock Wipes Out Its Earnings-Day Rally After a Revenue Miss

Snap Inc. (SNAP) stock fell 11.46% after hours on Wednesday, dropping to $5.24 from its $5.92 close. The Snapchat parent posted a profit and guided above estimates, but missed on revenue and daily users. The after-hours slide erased a 5.81%…

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Nearly $1 Billion in Crypto Liquidations Hit as Bitcoin Jumps 4.6%

Crypto liquidations reached $974.80 million in 24 hours as the market climbed. Most of the losses fell on traders who had bet on further declines, Coinglass data shows. Bitcoin’s (BTC) price rose 4.64% over 24 hours to $80,480, according to…

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S&P 500 Flashes a Signal Never Seen in 36 Years. What’s Next?

The S&P 500 has just flashed a market signal never recorded in 36 years of data. It reveals something unusual happening beneath Wall Street’s biggest index. On November 2, the S&P 500 entered extreme oversold territory, even as nearly half…