Wipeout

BYD’s US$60 billion wipeout points to deeper turmoil for China EVs
February 6, 2026
[ad_1] The company shares now trade at around 15 times forward earnings estimates, below their three-year average of 18Published Fri, Feb 6, 2026 · 09:10 AM[HONG KONG] A relentless sell-off...
Trillion-dollar tech wipeout ensnares all stocks in AI’s path
February 5, 2026
[ad_1] Published Thu, Feb 5, 2026 · 12:55 PM[SAN FRANCISCO] There have been many artificial intelligence (AI)-driven sell-offs in the three years since ChatGPT burst into the mainstream. Nothing, though,...
‘Baby Shark’ creator’s 62% wipeout sinks stock below IPO price
November 21, 2025
[ad_1] [HONG KONG] The frenzy for the company behind the viral children’s hit Baby Shark has quickly cooled with shares dropping below their initial public offering (IPO) price just days...
Bitcoin traders are still rattled after US$340 billion wipeout
November 12, 2025
[ad_1] BITCOIN is struggling to stage a meaningful recovery after last month’s stumble, with signs of fatigue continuing to mount across crypto markets.The token briefly topped US$107,000 on Monday before...
Bitcoin struggles to find momentum after historic wipeout
October 17, 2025
[ad_1] [SINGAPORE] After a week-long rout that erased hundreds of billions in digital-asset value, Bitcoin has again failed to live up to its billing as a safe harbour asset.Once cast...
BYD’s US$45 billion stock wipeout raises doubts on China outlook
September 15, 2025
[ad_1] At the same time, rivals including Geely Automobile Holdings and Zhejiang Leapmotor Technology are gaining ground[HONG KONG] BYD faces pressure to restore investor confidence after a US$45 billion stock...
Stock market rebounds after Friday’s wipeout
August 4, 2025
[ad_1] U.S. stocks are rallying and recovering much of their sharp losses from last week, when worries about how President Donald Trump’s tariffs may be punishing the economy sent a shudder through Wall Street. The...