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 […]
Disney Stock Takes a Dive, Billionaire Investor Unloads 26 Million Shares
Disney Grooming Syndicate’s stock, already struggling, has fallen sharply in recent months. In April, the stock price rose from $91 per share at the start of the year to $123. By early May, Disney Grooming Syndicate’s stock price had risen to $116. But all of that gain has been wiped out this year, and the […]
Tesla shares dip after lackluster earnings report
Tesla shares fell 12% on Wednesday after the electric car maker reported second-quarter profit that fell short of expectations. The company, led by billionaire tech mogul Elon Musk, made revenue of $25.5 billion in the three months from April to June, up 2% from the same period last year. But despite cost-cutting efforts, including widespread […]
Trump shares letter from Palestinian leader Mahmoud Abbas on assassination attempt – and his response
Donald Trump on Tuesday released a letter he received from Palestinian Authority President Mahmoud Abbas condemning the assassination attempt against the Republican presidential candidate. “Your Excellency,” began Abbas’s brief letter to the 78-year-old former president, “I have heard the news and subsequently seen the video of the assassination attempt on Your Excellency and am deeply […]
S&P 500 climbs for best day since early June as Nvidia shares lead tech turnaround – NBC News
of S&P 500 Stock indexes suffered their worst weekly drop since April but hit their highest close since June 5 on Monday as technology shares rebounded. The benchmark rose 1.08% to close at 5,564.41, its highest since June 5. Nasdaq Composite Index It rose 1.58% to close at 18,007.57. Dow Jones Industrial Average It rose […]
Mattel receives buyout offer from L Catterton, shares soar 20%
L Catterton, a private equity firm backed by luxury goods giant LVMH, has approached Mattel, the toy maker that makes Barbie and Hot Wheels, with a takeover bid, people familiar with the matter said on Monday. The move could encourage other potential bidders to consider making offers for Mattel, including rival Hasbro Inc. Hasbro has […]
Guns N’ Roses rocker Slash shares ‘devastating loss’ of stepdaughter
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CrowdStrike shares continue to tumble after causing global outage
CrowdStrike shares plunged 13% on Monday, extending losses as Wall Street analysts downgraded the company’s shares due to concerns about the economic impact of last week’s global cyber outage. A faulty update to CrowdStrike’s security software crashed computers running Microsoft’s Windows operating system and disrupted internet services around the world, affecting a wide range of […]
Richard Simmons’ team shares final photo and social media post: ‘we thought you’d want to see’
Richard Simmons’ wish to deliver a final message to his fans has been respected by the team. On social media, Simmons’ team explained, “Richard worked really hard on this post for you all. He had loads of ideas and worked on them ahead of time, going back and revising each piece before publishing until it […]
Rep. Jackson, former White House physician, shares Trump gunshot wound update
Rep. Ronny Jackson (D-Texas), a former White House physician, shared an update on former President Trump’s gunshot wound in a memo on Saturday. “As former presidential physician to President Donald J. Trump, I was understandably extremely concerned about his health following the assassination attempt, as was the entire world,” Jackson said. It was stated in […]