List of Flash News about tech stocks selloff
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2025-11-05 16:43 |
Pinterest (PINS) plunges 20% on weak earnings as tariffs hit ad revenue - traders watch BTC correlation
According to @CNBC, Pinterest (PINS) dropped about 20% after weak quarterly results, with tariffs cited as a drag on advertising revenue that pressured near-term fundamentals. source: CNBC post dated Nov 5, 2025. For cross-asset positioning, risk-off in ad-driven tech has been associated with stronger comovement between crypto and equities, so traders can monitor BTC sensitivity when high-beta tech sells off. source: International Monetary Fund, Crypto Prices Move More in Sync With Stocks, Jan 2022. No direct cryptocurrency impact was mentioned in the report. source: CNBC post dated Nov 5, 2025. |