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Stocks

“Why Super Micro Computer Stock Is Plummeting This Week” [Fri, Jul 26, 2024]

July 29, 2024

“…The high-performance server specialist’s share price was down 12.7% from last week’s close heading into this Friday’s market opening, according to data from S&P Global Market Intelligence Tech stocks continued to pull back this week as investors assessed risks related to… Continue Reading…

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Business, Stocks

“Why Ford Motor Company Stock Crashed 17% Today” [Updated Fri, Jul 26, 2024]

July 29, 2024

“one of America’s Big Three automakers, collapsed 16.7% through 12:45 p.m. ET Thursday after the company reported a huge earnings miss last night. Analysts had forecast Ford would earn $0.68 per share on $44 billion in Q2 sales. While Ford exceeded… Continue Reading…

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Real Estate

“Mortgage refinance demand drops further, despite homeowners sitting on $17 trillion in equity”

July 12, 2024

“… …” https://www.cnbc.com/2024/07/10/mortgage-refinance-demand-drops-with-homeowners-sitting-on-huge-equity.html

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Economy, Stocks

“The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says”

July 10, 2024

“…The stock market will crash 32% in 2025 as the Federal Reserve fails to prevent a recession, according to the most bearish strategist on Wall Street. Peter Berezin, chief global strategist at BCA Research, said in a recent note that a recession… Continue Reading…

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Stocks

“Nike shares plunge after retailer says quarterly sales will fall 10%, warns on China weakness” [JUN 27 2024]

July 1, 2024

“Shares of Nike plunged on Friday after the retailer cut its full-year guidance and said it expects sales to drop 10% during its current quarter as it warned of soft sales in China and “uneven” consumer trends across the globe. The expected… Continue Reading…

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Stocks

“Berkshire Hathaway stock appears to drop 99.9% after NYSE technical glitch”

June 5, 2024

“A technical glitch on the New York Stock Exchange shortly after the market open on Monday temporarily showed incorrect stock prices or volatility halts on several stocks, most notably a 99.9% drop in the price of Warren Buffett’s Berkshire Hathaway… Continue Reading…

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Economy, Stocks

“The S&P 500 could plunge as much as 70% this cycle as markets hit a ‘motherlode’ of FOMO extremes, famed fund manager says”

June 4, 2024

“…All-time highs in the stock market give the impression of a runaway rally, but it’s a bull run that will eventually come crashing down, John Hussman said in a new note. The legendary bear, famed for predicting the 2000 and 2008… Continue Reading…

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Business, Stocks

“Salesforce shares tumble 20%, on pace for worst day since 2004”

May 30, 2024

“Shares of Salesforce tumbled 20% Thursday morning, putting the stock on pace for its worst day in nearly 20 years. Its worst trading day on record is July 4, 2004, when shares fell 27% just days after the company went public. The… Continue Reading…

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Stocks

“Alibaba shares fall 6% after the Chinese tech giant posts 86% drop in profit”

May 15, 2024

“…Net income attributable to ordinary shareholders came in at 3.3 billion yuan, down 86% year on year. Shares of Alibaba closed down 6% in the U.S. after falling as much as 8.1% in the first hour of trading…” https://www.cnbc.com/2024/05/14/alibaba-baba-earnings-q4-2024.html The… Continue Reading…

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Stocks

“Roblox shares drop 22% as company cuts annual bookings forecast on muted player spending”

May 13, 2024

“…Roblox now expects full-year bookings to be between $4 billion and $4.10 billion, down from its earlier forecast of $4.14 billion to $4.28 billion. Its second-quarter bookings forecast of $870 million to $900 million was also below estimates…” https://www.cnbc.com/2024/05/09/roblox-shares-drop-nearly-30percent-as-company-cuts-annual-bookings-forecast-on-muted-player-spending.html

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