Amazon shares plummet on weak revenue forecast
Amazon’s shares fell sharply in after-hours trading after the company forecast lower-than-expected sales for the current quarter and its second-quarter profit beat Wall Street expectations. Amazon’s focus on the success of its AWS cloud computing platform did not please investors, with the Seattle-based company’s shares falling more than 6% in after-hours trading. “We continue to […]
Norah O’Donnell to exit as anchor of ‘CBS Evening News’ after 2024 election as ratings plummet
Norah O’Donnell will step down as anchor of the bottom-ranked “CBS Evening News” after the 2024 presidential election amid expected cost-cutting by parent company Paramount, the network announced Tuesday. O’Donnell, who took over the post in 2019, has renewed her contract with CBS News for 2022 despite speculation that a successor would be named. However, […]
Tesla Shares Plummet 12% as Q2 Earnings Miss Expectations amid Dismal EV Market
Elon Musk’s Tesla took a big hit, with its shares falling more than 12% in morning trading on Wednesday after reporting disappointing second-quarter results. CNBC Reports Tesla’s second-quarter earnings report shocked the investment community, sending the company’s shares plummeting more than 12% in morning trading Wednesday. The surprise drop came after the electric car maker […]
Student Test Scores Continue To Plummet Despite Hundreds Of Billions In Pandemic Aid For Education
Four years after schools moved to online classes due to the COVID-19 pandemic, student test scores continue to decline, according to a study released Tuesday by testing company Northwest Evaluation Association (NWEA). of paper The achievement gap between current and pre-pandemic students has widened despite a record $190 billion in federal aid paid to schools […]
Bud Light collapse continues as beer sales plummet to third place
Bud Light’s transgender fiasco appears to continue to take its toll on the brand. Reports found Among beers, it has fallen from second to third place. Bud Light has been the target of a nationwide boycott after transgender activists announced a partnership with the company to celebrate the “100 Days of Girlhood” campaign on social […]
Video Shows Crane Plummet To Ground, Crush Moving Car
NBC News reports that video captured the moment part of a crane fell from a high-rise construction site in Florida, crushing a car traveling on a bridge. On April 4, part of a crane broke off and fell onto a bridge in Fort Lauderdale, striking two vehicles, reportedly killing one construction worker and injuring several […]