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Market

FedEx Shares Plunge to Lowest Since June 2023 Amid Economic Uncertainty

FedEx Corp's stock plummeted nearly 11% at the opening bell on Friday, reaching its lowest since June 2023. The company revised its annual profit and revenue forecasts downward due...

Market

Gold Prices Take a Dive: Over 1% Drop Amid Quadruple Witching Frenzy

Gold prices fell over 1% on Friday, influenced by the quadruple witching event, which caused market volatility. This event, occurring quarterly, leads to the simultaneous expiratio...

Market

Wall Street in Turmoil: Dow Dives Over 450 Points Amid Fed's Rate Decision Uncertainty

Wall Street opened lower as investors analyzed the Federal Reserve's interest rate decision, with the Dow Jones plummeting over 450 points. The Nasdaq and S&P 500 also declined, am...

Market

Nike's Market Cap Dives Below $100 Billion Amid 9% Stock Decline

Nike Inc. experiences a significant drop in market value, falling below $100 billion due to a 9% decline in stock price following mixed reactions to its third-quarter earnings resu...

Market

FedEx Shares Plummet to Lowest Since June 2023 Amid Economic Uncertainty

FedEx Corp's shares fell nearly 11% to their lowest since June 2023 after cutting its annual profit and revenue forecasts, citing US economic uncertainty.

Market

Gold Prices Experience Significant Drop Amid Quadruple Witching Event

Gold prices experienced a significant drop after reaching a new high, influenced by the quadruple witching event. This event, occurring four times a year, leads to the simultaneous...

Market

Dow Jones Plummets Over 450 Points Amid Federal Reserve's Rate Decision Uncertainty

Wall Street opened lower as investors analyzed the Federal Reserve's interest rate decision amidst concerns over volatile trade policies and rising inflation. The Dow Jones plummet...

Market

FedEx Shares Plunge to Lowest Since June 2023 Amid Economic Uncertainty

FedEx Corp's shares dropped nearly 11% at the open, hitting their lowest since June 2023. The company revised its annual profit and revenue forecasts downward, citing US industrial...