stock decline News

Elon Musk Slams Governor Tim Walz for Mocking Tesla's Stock Decline, Highlights Impact on Minnesota Retirees

Elon Musk criticizes Minnesota Governor Tim Walz for mocking Tesla's stock decline, highlighting the potential negative impact on state pension funds and retirees. Walz's comments ...

Johnson & Johnson Shares Drop 3% as Judge Rejects $10B Talc Cancer Settlement

Johnson & Johnson's shares fell 3% after a U.S. judge rejected its $10 billion settlement to resolve talc-related cancer lawsuits, marking its third failed attempt and highlighting...

Tesla Faces Steep 65% Sales Plunge in Denmark Amid Global Challenges and Controversies

Tesla's sales in Denmark fell by 65.6% in March, with only 593 cars sold, amid global challenges and a dealership fire in Rome destroying 17 vehicles. Shares dropped 11% this month...

Johnson & Johnson Shares Tumble 3% as Judge Throws Out $10B Talc Cancer Settlement

Johnson & Johnson's shares fell 3% after a judge rejected its $10 billion settlement proposal for talc-related cancer lawsuits, marking another legal setback for the company.

Johnson & Johnson Shares Tumble 3% as Court Blocks $10B Talc Settlement

Johnson & Johnson's shares dropped over 3% after a U.S. judge rejected its $10 billion settlement proposal for talc-related lawsuits, marking its third failed attempt to resolve th...

European Markets Tumble as Investors Brace for Impact of Upcoming US Trade Tariffs

European markets closed sharply lower as investors anticipated the impact of upcoming US trade tariffs. Major automotive and mining shares led the decline, with significant losses ...

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

Nike Inc. experiences a significant market cap drop below $100 billion as its stock falls 9% following mixed third-quarter earnings and a pessimistic sales outlook.

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...

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...

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

Nike Inc. faces a significant market challenge as its stock falls 9%, causing its market value to drop below $100 billion. Despite beating third-quarter earnings expectations, the ...

Tesla's Stock Plummets 14%: A Deep Dive into the Market Turbulence

Tesla Inc.'s shares tumbled over 14%, marking its largest single-day fall since January 2023, largely due to a 49.2% sales drop in China and comments on Elon Musk's political activ...

European Markets Dip as Investors Eye Key Economic Reports from Germany, France, and the UK

European stock markets opened lower, influenced by economic reports from Germany, France, and the UK. Key indices and stocks saw declines, with currency movements showing a stable ...

Asian Markets Plunge as US Imposes New Tariffs on Chinese Goods, Sparking Trade War Fears

Asian stock markets faced sharp declines following the US announcement of new tariffs on Chinese imports, with significant drops observed in China, Hong Kong, South Korea, Australi...

Reddit Inc. Shares Plummet Nearly 17% Post-Earnings Announcement: A Deep Dive

Reddit Inc. shares fell nearly 17% after hours following its earnings report, despite beating Q4 revenue and EPS estimates. The company's annual net loss widened significantly, rai...

Tesla's Stock Plummets 6% as BYD Unveils Revolutionary Driving Capabilities

Tesla's stock fell 6% to its lowest since late November after BYD announced expanding its intelligence driving system to most models, including the BYD Seagull. This move has inten...

Deutsche Bank's Stock Plummets 6% Amid Disappointing Quarterly Earnings Report

Deutsche Bank's shares fell over 6% after reporting a significant drop in net profit to €337 million for Q4 2024, despite an 8% revenue increase to €7.2 billion, signaling investor...

UPS Stock Takes a 13% Dive Following Disappointing Q4 Earnings Report

UPS's stock fell over 13% after reporting Q4 earnings below expectations, with a revenue of $25.3 billion. The company also announced a significant volume reduction agreement with ...

Adobe's Revenue Forecast Sparks AI Investment Return Concerns

Adobe's shares fell nearly 10% in premarket trading due to a downbeat revenue forecast, raising concerns about the returns from its AI investments. Analysts note a disconnect betwe...

Swiggy Shares Drop 5% as Lock-in Period Ends and Profit Booking Begins

Swiggy shares dropped 5% as the one-month lock-in period for anchor investors expired, leading to profit booking. The stock fell to Rs 515.95 on the BSE and Rs 516.50 on the NSE, r...

NCSoft Faces First Quarterly Operating Loss in a Decade Amidst Foreign Selling

NCSoft's stock is declining due to projections from the securities industry that it will record a quarterly operating loss for the first time in 10 years. As of 9:12 am on July 10,...