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Bumble stocks crashed almost 33% to a record low on August 8 as its $1 billion valuation dropped by $350 million. Its stocks tumbled 39% during the trade, marking the biggest intraday fall on record. It had also laid off a third of its workforce earlier this year. Even Tinder parent Match also said to cut 6% staff. What’s going wrong with dating apps? Why is their business going through a tough time? Watch the full video to know!

Adani Enterprises has shelved $122 million or ₹10 billion bond plan amid a row with Hindenburg

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Japan and South Korea led the modest regional climb in shares, while S&P 500 and Nasdaq 100 contracts gained about 0.5% from Friday’s close. US markets were shut Monday for the Independence Day holiday.

In volatile times, most conservative and moderate equity investors rush towards high dividend paying stocks to be sure to make some money as they fear uncertain capital gains in these markets.

Benchmark indices ended higher for the fifth session in a row with Sensex closing at 39,878 and Nifty at 11,748. Titan, Reliance, Maruti and Bajaj Auto were the top gainers, while Bajaj Finance slumped

Apple's quarterly report last week crushed Wall Street expectations amid pandemic demand for its products, and the company announced a four-for-one split for later this monthThe stock rose more than 17% over the previous days while there was a slump of 0.2% to $437.60

Dividend futures suggest a 30% decline in cash flows for members of the S&P 500, little growth for 7 years, after 2027 cash flows to expand at predicted pre-virus rates, S&P 500 up 34% from the March lowIf accurate, virus induced loss of economic activity pulling stock prices down 15% rather than 3%

Stocks were little changed in Tokyo, Seoul and Sydney, while futures in Hong Kong pointed lower

Shares of 437 companies on the bourse dropped to their 52-week lows, while 36 stocks touched one-year highsIn six trading sessions to Friday, the market capitalisation of BSE-listed companies saw a massive decline of ₹11,76,985.88 crore