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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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Stocks

“Wells Fargo shares tumble after net interest income falls short of estimates” [Jul 12 2024]

July 26, 2024

“… …” https://www.cnbc.com/2024/07/12/wells-fargo-wfc-q2-2024-earnings.html

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Stocks

“Southwest profit falls 46% as airline takes ‘urgent’ steps to increase revenue”

July 25, 2024

“…Here is how Southwest performed in the second quarter compared with Wall Street expectations, according to consensus estimates from LSEG: The Dallas-based airline said its second-quarter revenue rose 4.5% from last year to $7.35 billion, a record, but its profit dropped more… Continue Reading…

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Stocks

“Chewy shares fall nearly 7% as the boost from Roaring Kitty’s new stake diminishes” [UPDATED MON, JUL 1 2024]

July 8, 2024

“…The filing showed Roaring Kitty, whose legal name is Keith Gill, bought just over 9 million shares — amounting to a 6.6% stake in the company. That makes him the third-biggest Chewy shareholder, according to FactSet. Based on Friday’s close, that… 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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Economy

“Used EV price crash keeps getting deeper with ‘premium’ brand idea history”

June 28, 2024

“…The decline has been dramatic over the past year. In June 2023, average used EV prices were over 25% higher than used gas car prices, but by May, used EVs were on average 8% lower than the average price for a used… Continue Reading…

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Stocks

[Stock Manipulation] “AMC stock falls despite theaters’ best weekend of 2024 thanks to ‘Inside Out 2’” Plus My Predictions [6/18/24]

June 18, 2024

“AMC Entertainment Holdings Inc. said Monday that its theaters just had their best weekend of the year in terms of moviegoers, but that didn’t stop the company’s shares from dropping in sympathy with those of fellow meme stock GameStop Corp.… 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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