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Stocks

“Ryanair shares tumble 17.2% as budget airline reports 46% fall in quarterly profit, sees lower fares” [JUL, 22, 2024]

July 24, 2024

“… …” https://www.cnbc.com/2024/07/22/ryanair-q1-2024-results-shares-fall-on-lower-fares-fall-in-quarterly-profit.html

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Stocks

“Corning shares pop 12% as AI boom drives stronger-than-expected demand for equipment”

July 10, 2024

“Corning shares closed up 12% Monday after the company raised its second-quarter guidance, marking the stock’s best trading day since March 2020. The company, known for developing the Gorilla Glass used for Apple iPhones and other phones, credits the outperformance to demand for its optical connectivity… Continue Reading…

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Stocks

“Tesla shares wipe out loss for the year with 27% rally this week”

July 10, 2024

“Tesla’s stock price rose enough on Friday to wipe out its loss for the year and bring its gain for the week to 27%. Shares of the electric vehicle maker closed Friday at $251.55. They ended last year at $248.48, and… 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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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

“Haidilao restaurant operator Super Hi’s shares surge 38% in strong US market debut”

May 20, 2024

“Super Hi International jumped 38% in its debut on Nasdaq, giving the operator of Chinese hotpot restaurant chain Haidilao a valuation of about $1.74 billion. Shares opened at $27 per share compared with the initial public offering (IPO) price of… Continue Reading…

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Stocks

“An elite hedge fund bought 1 million GameStop shares before the meme stock’s 400% surge”

May 20, 2024

“…Renaissance Technologies owned 1 million shares of the video-game retailer at the end of March, a position worth $13 million at the time, its first-quarter portfolio update shows. GameStop stock was up more than 400% at its Tuesday high, briefly valuing RenTech’s… 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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Business, Stocks

“Novavax shares nearly double on Sanofi deal to commercialize Covid vaccine, develop combination shots”

May 14, 2024

“Novavax on Friday said it has signed a multibillion-dollar deal with French drugmaker Sanofi to co-commercialize the company’s Covid vaccine starting next year and develop combination shots targeting the coronavirus and the flu, among other efforts. Shares of Novavax closed nearly 100% higher on Friday from… 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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