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Stocks

“Boeing Stock Has Fallen 10 Straight Days. Where It’s Headed Next.”

April 17, 2024

“Boeing stock continues to be weak for a litany of reasons. Boeing stock has been under pressure all year following an emergency door plug blowout on a 737 MAX 9 jet operated by Alaska Air Group on Jan 5. The… Continue Reading…

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Business, Economy, Energy

“Volkswagen electric car sales plunge as Europe returns to petrol”

April 15, 2024

“Sales of Volkswagen electric cars have plunged by almost a quarter in Europe as demand for battery-powered vehicles stalls and buyers return to petrol… Globally, all-electric sales at the owner of Audi, Skoda and Porsche dropped by 3pc to 136,400, while… Continue Reading…

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Stocks

“Chinese Cement Maker Halted After 99% Crash in 15 Minutes”

April 12, 2024

“…Based in the central Henan province, Tianrui’s stock plunged 99% to about HK$0.05 Tuesday, cutting its market capitalization to HK$141 million ($18 million). During the selloff, about 281 million shares, or a third of the firm’s free float, changed hands.… Continue Reading…

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Business, Stocks

“Tesla shares fall after deliveries drop 8.5% from a year ago”

April 3, 2024

“Tesla shares fell on Tuesday after the company reported a drop in vehicle deliveries in the first quarter, the first annual decline since 2020, when the global pandemic disrupted production. Here are the key numbers: Total deliveries Q1 2024: 386,810Total production… Continue Reading…

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Stocks

“Dow closes 300 points lower Friday, but notches best week since December…”

March 28, 2024

“UPDATED FRI, MAR 22 2024 4:34 PM EDT… All three major averages notched healthy gains this week, with the S&P 500 rising about 2.3%. The Dow was up just shy of 2% for its best week since December. The Nasdaq is the outperformer… Continue Reading…

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Stocks

“Adobe shares drop nearly 14% on weak quarterly revenue guidance”

March 21, 2024

“Adobe shares closed down nearly 14% on Friday after the company reported first-quarter results that beat estimates but delivered a light quarterly revenue forecast. The move marked the stock’s steepest decline since Sept. 15, 2022, when shares closed down 16.8%… For the current… Continue Reading…

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Business, Stocks

“Wall Street isn’t pleased that Kevin Plank is returning as Under Armour’s CEO, shares plunge 12%”

March 21, 2024

“…Shares of the athletic apparel company plunged about 12% on Thursday after the retailer announced late Wednesday that CEO Stephanie Linnartz would be stepping down after barely a year on the job and Plank would replace her on April 1.  Following the… Continue Reading…

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Business, Stocks

“HelloFresh shares dive 42% after meal kit giant warns on outlook”

March 12, 2024

“… …” https://www.cnbc.com/2024/03/08/hellofresh-shares-dive-42percent-after-meal-kit-giant-warns-on-outlook.html

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Economy, Stocks

“S&P 500 might crash 60%, a recession is looming, and speculation is rife, warns elite technical analyst Milton Berg”

March 12, 2024

“…Stocks might crash up to 60%, a recession seems likely, and market speculation has reached dangerous levels, a veteran technical analyst warned… Berg was likely nodding to John Hussman, who’s flagged the risk of a 63% plunge in the S&P 500,… Continue Reading…

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Business

“Big Lots Stock Falls 31%. The Outlook Is ‘Very Concerning,’ Analyst Says.”

February 20, 2024

“Big Lots stock was sinking Monday as a Loop Capital Markets analyst downgraded shares of the discount furniture retailer following a Bloomberg report that it is seeking new financing options…” https://www.barrons.com/articles/big-lots-stock-downgrade-analyst-196a3ce9?siteid=yhoof2

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