Traders pile into 'bubble puts' on CoreWeave as neocloud stocks plunge
As a key corner of the artificial intelligence trade takes a beating on Wednesday, traders are betting it could get even worse.
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Alibaba shares plunge 10% after $10.2 billion share placement to fund AI push
Night view of Alibaba’s headquarters building located by the Huangpu River in Shanghai, China on Nov. 16, 2025. CFOTO | Future Publishing | Getty Images Alibaba shares plunged as much as 10% in Hong Kong on Monday after the Chinese tech giant priced an 80 billion Hong Kong dollar ($10.20 billion) placement of newly issued…
SoftBank shares plunge 10% amid broader tech sell-off
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of SoftBank fell 10% following an overnight sell-off in the U.S. market on the back of wider profit…
Oil prices plunge as Iran says Strait 'open'
Brent crude sinks by a tenth after Iran says the key waterway is open for commercial ships for the rest of the ceasefire.
European stocks plunge as tech sector faces worst day since February 3
City workers in the La Defense business district of Paris, France, on Thursday, Oct. 9, 2025. Nathan Laine | Bloomberg | Getty Images Europe-listed shares traded sharply lower on Thursday, as fears of escalation in the U.S.-Iran war gripped global markets once again. The pan-European Stoxx 600 was 1.1% lower shortly after 9:30 a.m. in…
Pop Mart shares plunge over 22% as concerns over sustainability of Labubu sales dwarf stellar results
A PopMart Labubu The Monsters doll hangs from an influencer’s handbag during a press preview outside an AliExpress pop-up store in London, Britain, Nov. 11, 2025. Isabel Infantes | Reuters Pop Mart shares lost more than a fifth of their value on Wednesday, as concerns over the sustainability of the company’s Labubu plushies-driven growth overshadowed…
Listed firms risk 30% share plunge amid rising cyber attacks
AI is helping bring down the time to identify breaches. (Graphic by Nicola Mawson | Pexels) JSE-listed companies could lose as much as 30% of their share value following a crisis such as a cyber attack, in an environment where hacks are surging even as response times improve. Heino Gevers, senior director of technical support…
Canal+ shares plunge on weak MultiChoice outlook
Sarah Meyssonnier/Reuters French media group Canal+’s warning on Wednesday that subsidiary MultiChoice Group had lost subscribers and would see further revenue erosion, left its shares on track for their worst one-day performance in history. Its shares were down more than 20% at 2.54pm SAST (12.54pm GMT), their worst day since listing in London 15 month…
Pick n Pay shares plunge following unexpected earnings warning
Pick n Pay has issued a stark warning to investors, revealing that its headline loss per share for the 2026 financial year is expected to widen by more than 20% compared to the previous year. The announcement sent the retailer’s share price into a tailspin, dropping 9% in early Johannesburg trading. Read: iPhone 17e to…
India’s largest airline sees shares drop after earnings plunge 78%
Passengers are seen amid heavy crowds and chaotic scenes at Indira Gandhi International Airport after stringent new crew-rostering rules triggered widespread delays and cancellations in New Delhi, India, on Dec. 5, 2025. Amarjeet Kumar Singh | Anadolu | Getty Images India’s largest airline, Indigo, that cancelled more than 2,500 flights within days last month causing…