Foot Locker shares plunge 14% — especially for Nike products
Foot Locker shares plunged 14.3% Wednesday after the company reported lower-than-expected earnings and lowered its full-year forecast after weak holiday demand. The CEO specifically cited Nike products. Former Ulta Beauty president Mary Dillon, who took over Foot Locker in 2022, blamed weak demand for Nike sneakers and promotions that exceeded industry-wide expectations. “Certainly there are […]
‘Look At That Drop’: CNN’s Harry Enten Stunned By Plunge In Americans Trusting FBI After J6
CNN senior data reporter Harry Enten expressed surprise on Monday at the significant drop in American public trust in the FBI following the January 6, 2021, Capitol riot. President-elect Donald Trump announced Saturday that he will nominate former Assistant Secretary of Defense Kash Patel to head the FBI. Mr. Enten suggested on “CNN News Central” […]
Shares of Google parent plunge after DOJ seeks forced selloff of Chrome browser
Shares of Google's parent company Alphabet plunged more than 6% on Thursday after the Justice Department asked a federal judge to order the sale of Google's Chrome web browser. This is one of several bailouts aimed at breaking Big Tech's monopoly on online search. The drop in stock prices signaled uncertainty about Google's future on […]
Cannabis shares plunge after Florida legalization bid fails
Cannabis stocks tumbled Wednesday after Florida Governor Ron DeSantis and billionaire Ken Griffin voted down a marijuana legalization bill. Amendment 3, which would have legalized recreational use of marijuana in the state constitution, failed to garner the 60% support needed to pass under Florida law. It received 55.9% or approximately 6 million votes in favor. […]
Oil prices plunge 6% after Israel’s limited retaliatory attack on Iran
Continental Resources Executive Chairman Harold Hamm talks about how the oil industry is preparing for the 2024 election results on “The Bottom Line.” crude oil price It fell more than 6% on Monday after Israel decided not to attack Iran's oil and nuclear facilities in retaliatory strikes over the weekend. Global benchmarks Brent crude oil […]
McDonald’s shares plunge on investor panic over E. coli outbreak
McDonald's stock fell as much as 6% Wednesday following an E. coli outbreak linked to the Golden Arches' famous Quarter Pounder burger that sickened about 50 people and killed one. Shares of the world's largest hamburger chain fell from $314.70 per share at Tuesday's close to $299.61 per share by late Wednesday morning. “This public […]
Liam Payne partied with two prostitutes in hotel room hours before balcony plunge: officials
Officials say One Direction singer Liam Payne was in trouble after partying with two prostitutes in his Buenos Aires hotel room hours before he plummeted to his death from a third-floor balcony. It was shortly after Liam Payne's girlfriend returned to the United States. The 25-year-old boys, who Payne met through an “escort” website, told […]
Kamala’s poll numbers plunge Georgia, North Carolina?
According to a recent Quinnipiac University poll, Kamala Harris' approval rating has plummeted to Biden's level in the key battleground state of Georgia. Blaze Media's Washington correspondent Christopher Bedford joins Blaze News Tonight's Jill Savage to shed light on the situation. – YouTubewww.youtube.com “How important is this latest data?” Jill asks. “What's most striking about […]
Nike sales slump 10%, shares plunge as new CEO faces massive challenge
Nike withdrew its full-year sales forecast on Tuesday and also missed quarterly revenue expectations, sending its stock price down by the hour as the sportswear giant struggles with weak footwear demand amid stiff competition from emerging brands around the world. It fell 6% outside. The company previously expected annual sales to decline by a mid-single-digit […]
Italy’s conservative leader Giorgia Meloni has overseen 64% plunge in illegal immigration, foreign minister boasts
Under Italy's conservative Prime Minister Giorgia Meloni, levels of illegal immigration in the country have risen Plummeted 64% Italy's foreign minister boasted that he had cracked down on smugglers and worked with neighboring countries to stop the influx of contraband. Italian Foreign Minister Antonio Tajani said Sunday that her success showed that enforcing strict border […]