Tag Archives: Plunge

Mortgage rates plunge on Fed rate cut hopes, and many lenders may quote in the high 5% range

Mortgage rates plunge on Fed rate cut hopes, and many lenders may quote in the high 5% range

After a disappointing spring and summer, the housing market could start to heat up as fall approaches with the latest plunge in mortgage rates. Bond yields tumbled on Friday as the weaker-than-expected jobs report raised expectations for rate cuts from the Federal Reserve. The 10-year Treasury yield dived 10 basis points to 4.076%, the lowest since April. Meanwhile, the average …

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Tesla (TSLA) Rival BYD’s Shares Slump in China after Q2 Profit Plunge

Tesla (TSLA) Rival BYD’s Shares Slump in China after Q2 Profit Plunge

The stock prices of BYD (HK:1211) (BYDDY), one of Tesla’s (TSLA) key rivals in the electric vehicle market, slumped on Monday at the market close in China and Hong Kong. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. The stock …

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Visitors to US Plunge Amid Concerns About Donald Trump’s Policies

Visitors to US Plunge Amid Concerns About Donald Trump’s Policies

A sharp decline in foreign travel to the United States this year is being blamed on President Donald Trump‘s immigration policies, trade rhetoric and renewed visa restrictions, with tourism analysts warning the slump may extend beyond summer. From border towns like Buffalo to major tourist draws such as Las Vegas and Los Angeles, international visitor numbers have dropped since Trump …

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BYD’s Profit Plunge May Be a Worrying Sign of Things to Come – Bloomberg.com

BYD’s Profit Plunge May Be a Worrying Sign of Things to Come  Bloomberg.com Tesla Rival BYD’s Earnings Tumble 30%, Far Below Views  Investor’s Business Daily Is BYD Stock Your Ticket to Becoming a Millionaire?  Yahoo Finance BYD’s quarterly profit falls for first time in 3-1/2 years as price wars bite  Reuters BYD’s First-Half Profit Rose, Margin Narrowed  The Wall Street Journal Source link

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Rural America is suffering an economic crisis as crop prices plunge

Rural America is suffering an economic crisis as crop prices plunge

U.S. producers of corn and soybeans have sent dire warnings as prices for their crops have crashed in recent years while President Donald Trump’s trade war whipsaws farmers. On Thursday, the National Corn Growers Association raised alarms about “the economic crisis hitting rural America, as commodity prices drop at a time when input costs remain at near-record highs.” Corn prices have plunged …

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Tesla sales plunge again in Europe as anger at Musk keeps buyers away for 7th month in a row

Tesla sales plunge again in Europe as anger at Musk keeps buyers away for 7th month in a row

NEW YORK (AP) — Europeans angry at Elon Musk still aren’t buying his cars months after the billionaire predicted a “major rebound” in Tesla sales, data released Thursday shows. Tesla sales plunged 40% in July in the 27 European Union countries compared with the year earlier even as sales overall of electric vehicle soared, according to the European Automobile Manufacturers’ …

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Influencer Malik Taylor Died After 20 Foot Plunge in SUV

Influencer Malik Taylor Died After 20 Foot Plunge in SUV

Influencer Malik Taylor Dead at 28 … After Horrifying Vehicle Accident Published August 23, 2025 5:32 AM PDT | Updated August 23, 2025 8:14 AM PDT Influencer Malik Taylor is no longer with us … and TMZ has learned he plunged 20 feet to his death in a vehicle accident this week. The Concord PD in North Carolina tells us …

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SoftBank Group shares plunge over 9% as Asian tech stocks track declines in U.S. peers

SoftBank Group shares plunge over 9% as Asian tech stocks track declines in U.S. peers

The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025.  Kazuhiro Nogi | Afp | Getty Images Shares Japan’s SoftBank Group plunged as much as 9.2% Wednesday, as technology stocks in Asia declined, tracking losses in U.S. peers overnight. The tech-focused investment firm saw shares drop for a second consecutive session, …

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Japan’s July exports drop by 2.6%, steepest plunge in over four years

Japan’s July exports drop by 2.6%, steepest plunge in over four years

Owngarden | Moment | Getty Images Japan’s exports plunged 2.6% in July from a year earlier, their steepest drop since February 2021, as shipments to its two largest markets — the United States and China — declined. The fall was sharper than the 2.1% contraction forecast in a Reuters poll and compared with a 0.5% decline in June. Imports to …

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Palantir Shares Plunge 9% Amid Slide In AI Stocks – Forbes

Palantir Shares Plunge 9% Amid Slide In AI Stocks  Forbes Palantir stock slumps 9%, falling for a fifth straight day from record  CNBC Palantir stock falls 9%, extending losing streak to 5 trading days, as tech trade cools  Yahoo Finance Palantir Stock: Why the AI Darling Is Down Yet Again  Barron’s Palantir’s Hidden Risk: The Nvidia Problem No One Talks About (NASDAQ:PLTR)  Seeking Alpha Source …

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