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Freefall

‘Quantumania’ Can’t Catch a Break as the Box Office Freefall Continues

via Marvel Studios The higher-ups at Marvel Studios have stated that they’re not concerned by Ant-Man and the Wasp: Quantumania falling off a cliff at the box office, and writer Jeff Loveness remains adamant that he didn’t write one of the franchise’s worst-ever screenplays, but eventually they’re going to have to pull their respective heads out of the clouds and admit the truth. The 31st installment in the cinematic universe did manage to open to over $100 million, but just seven days later it snatched the…

Aave (AAVE) and Chainlink (LINK) Continue Freefall, While Flasko (FLSK) Is Set to Take Off

2022 is ending not with a bang but with a whimper. The crypto industry is in complete and utter turmoil, where not even prominent mainstays like Aave (AAVE) and Chainlink (LINK) are surviving. However, it’s not all doom and gloom. If you look hard enough, you will still find diamonds in the rough like Flasko. Aave (AAVE) Is 92% Down And Losing Momentum Aave (AAVE) is one of the first projects that come to mind when discussing decentralized finance. Aave (AAVE) is an open-source borrowing and lending protocol…

Tesla (TSLA) gets unexpected help from Wall Street to stop freefall

Tesla (TSLA) is getting help from Wall Street with several analysts pointing to the stock now being at a buying opportunity level, which is helping to stop the bleeding. As we reported on Monday, Tesla’s (TSLA) stock is taking a beating, and investors are asking the board to help with a share buyback program. Investors started a petition to ask Tesla’s board to approve a share buyback program, and it now has over 5,000 signatures. There’s a chance that it could happen since Tesla CEO Elon…

Carvana to lay off 1,500 employees following stock freefall

A Carvana used car "vending machine" on May 11, 2022 in Miami, Florida.Joe Raedle | Getty ImagesCarvana plans to lay off about 1,500 people, or 8% of its workforce, following a freefall in the company's stock and concerns around its long-term trajectory, according to an internal message obtained by CNBC's Scott Wapner.The letter from Carvana CEO Ernie Garcia cites economic headwinds including higher financing costs and delayed car purchasing. He says the company "failed to accurately predict how this would all play out…

FTX’s Freefall Into Bankruptcy Shows Why Case File Is Empty

The collapse of Sam Bankman-Fried’s crypto empire has been chaotic, fast and full of unknowns. The world should soon get some answers via a Delaware federal court. The collapse of Sam Bankman-Fried's crypto empire has been chaotic, fast and full of unknowns. The world should soon get some answers via a Delaware federal court. FTX is what's known in the industry as a “free fall” bankruptcy. More than 130 related companies sought court protection at the end of last week without filing any of the usual court motions or