Adam Hancock & Jennifer Meierhans Business reporters Getty Images Crocs’ share price plunged after the rubber clog-maker revealed a fall in US sales as shoppers chose to spend on trainers ahead of the World Cup and the Olympics. The footwear became a stay-at-home staple during the Covid pandemic and has remained relevant as celebrities embraced the “ugly” shoe aesthetic. However, …
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Tesla’s poor stock performance has slashed Elon Musk’s wealth by $80 billion—another tumble like that could dethrone the world’s richest man
Elon Musk claims to have slashed billions of dollars worth of wasteful spending during his time as head of the Department of Government Efficiency (DOGE)—but his controversial role may have done more damage to his pocketbook than he anticipated. This year alone, Musk has lost some $80 billion in his net worth, bringing his current value to about $352 billion—a …
Read More »Dollar steadies after tumble as investors eye imminent Fed cuts – Reuters
Dollar steadies after tumble as investors eye imminent Fed cuts Reuters Singapore Dollar Strengthens Amid U.S. Slowdown Worries The Wall Street Journal Friday’s Jobs Data Could Unleash A Dollar Short Squeeze Not Seen In Decades Yahoo Finance US jobs jolt fans Fed rate cut buzz; rupee to ride dollar slump MSN Dollar rebound fizzles after jobs data disappoints Financial Times Source link
Read More »Major Wall Street analyst revamps S&P 500 target amid tumble – TheStreet
Major Wall Street analyst revamps S&P 500 target amid tumble TheStreet Here are 3 reasons we are not going to buy stocks in Friday’s nosediving market CNBC BTIG’s Krinsky says S&P 500 might slip toward 6,100 on seasonal weakness Seeking Alpha S&P 500 tumbles on woeful jobs report. Is the sell America trade back? The Motley Fool Australia Why Friday’s sell-off in S&P 500 …
Read More »Global shares tumble after Trump tariff blitz – Reuters
Global shares tumble after Trump tariff blitz ReutersView Full Coverage on Google News Source link
Read More »After Devil May Cry 5 outsells Monster Hunter Wilds in Capcom’s latest financial quarter, publisher’s share prices tumble
It’s been an interesting year for Capcom, so far. After the successful launch of Monster Hunter Wilds earlier this year, the keystone franchise for the developer appears to have hit a snag, as sales have declined rapidly in the post-launch window. As the game released, it broke records for Capcom as its fastest-selling game ever, and enjoyed the biggest physical …
Read More »We’re upgrading our rating on Palo Alto as shares tumble on its $25 billion CyberArk acquisition
Wall Street is punishing Palo Alto Networks over its planned $25 billion acquisition of CyberArk . Jim Cramer believes investors who step into the sell-off will likely be rewarded down the road. Shares of Palo Alto were down nearly 6% after the cybersecurity company officially announced the acquisition. A day earlier, The Wall Street Journal reported the two firms were …
Read More »US goods trade deficit hits nearly two-year low as imports tumble – Reuters
US goods trade deficit hits nearly two-year low as imports tumble Reuters Trade deficit sinks to 22-month low as businesses try to time Trump tariffs. GDP to get a boost. MarketWatch US Goods-Trade Deficit Narrows Thanks to Broad Drop in Imports Bloomberg.com U.S. releases advance June goods trade, inventories data TradingView U.S. Trade Deficit for Goods Shrinks The Wall Street Journal Source link
Read More »BlackRock Shares Tumble After Big Client Redemption Blunts Quarterly Results – The Wall Street Journal
BlackRock Shares Tumble After Big Client Redemption Blunts Quarterly Results The Wall Street Journal BlackRock falls more than 5% on mixed earnings — why we’d look to buy Wednesday CNBC BlackRock’s Assets Surge Past $12 Trillion The Wall Street Journal BlackRock shares slump even as assets hit record $12.5 trillion on market rally Reuters BlackRock’s Stock Is Worst Performer in S&P 500 After Earnings Barron’s …
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