Tag Archives: sinks

Recently, we found out about something of a potentially serious issue brewing for legacy automaker Ford (F). The United Auto Workers (UAW) union was attempting to establish a presence at the BlueOval SK plant in Kentucky, a move that would put the UAW in a position to build the next generation of vehicles. Now, the UAW is claiming victory, though …

Shares of Marvell (MRVL) fell in after-hours trading after the semiconductor company reported earnings for its second quarter of Fiscal Year 2026. Earnings per share came in at $0.67, which was in line with analysts’ consensus estimate. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to …

In brief Bitcoin dropped 2.8% to $109,882, with $940 million in long liquidations. Trump’s firing of Fed Governor Lisa Cook rattled markets, briefly sinking the dollar index. Investors await Q2 GDP revisions and core PCE inflation for clues on September rate cuts. Bitcoin is extending its weekend losses ahead of key macroeconomic events this week that could influence the U.S. …

Key Takeaways Intuit issued current-quarter and full-year projections that missed analysts’ estimates. The tax and accounting software maker saw weakness in its MailChimp marketing platform, and a decline in average revenue from TurboTax use. Intuit’s fourth-quarter profit and revenue exceeded forecasts. Intuit (INTU) shares tumbled 7% in premarket trading Friday, a day after the maker of tax and accounting software …

Target shares sank 10% in premarket trading after the retailer posted a Q2 earnings beat but reiterated expectations for a sales drop this year. The company also announced that longtime CEO Brian Cornell would step down. Adjusted earnings per share came in at $2.05, versus Wall Street’s estimate of $2.04. Revenue landed at $25.2 billion, compared with forecasts of $24.9 …

In brief Markets slid further on Tuesday, with equities and other risk assets falling ahead of jobs and economic data. Bitcoin was recently down 3.5% as investors awaited incoming economic data and remarks by Fed Chair Jerome Powell. Ethereum also continued its retreat after nearly hitting a record high last week. Bitcoin sank below $113,000 for the first time since …

Mimi Rhodes, you wizard. Tip your cap. On Sunday, whether it was designed or not, the young Ladies European Tour golfer masterfully played the par-3, 214-yard Hole 3 during the 2025 AIG Women’s British Open at Royal Porthcawl in Porthcawl, Wales, for a hole-in-one. Advertisement Rhodes’ ace, however, didn’t come without some help, as it ricocheted off Stephanie Kyriacou’s ball …

Despite a largely strong critical and audience reception, Disney/Marvel Studios’ “The Fantastic Four: First Steps” is not holding as well in its second weekend at the box office as predicted, even as it stays No. 1 over Universal/DreamWorks’ “The Bad Guys 2” and Paramount’s “The Naked Gun.” After a $11.7 million second Friday, industry estimates have “Fantastic Four” earning a …

More last-minute modifications to tariff rates and a disappointing July jobs report weighed heavily on investors on Friday. At the close of trading, the Dow Jones Industrial Average tumbled 542 points (-1.23%). The Nasdaq sank 2.24%, and the S&P 500 plunged -1.6%. Nonfarm payrolls were up by 73,000 last month, which was far less than the 100,000 economists were expecting. …

Global stock index sinks with dollar, bond yields after weak US jobs data  Reuters Economy Updates: After a Weak Jobs Report, Trump Fires That Agency’s Commissioner  The New York Times Stock market today: Dow, S&P 500, Nasdaq tank as market confidence cracks under Trump tariffs, weak jobs data  Yahoo Finance Wall Street falls the most since May after employers slash hiring and tariffs …