Tag Archives: Tumble

Orsted Shares Tumble After U.S. Issues Stop-Work Order on Wind Project  The Wall Street Journal Orsted shares tumble 17% to record low, as U.S. government halts wind project construction  CNBC Trump administration halts work on an almost-finished wind farm  NPR Orsted Stock Plummets to Record Low After Trump Halts U.S. Wind Farm  The New York Times Trump Administration Halts Work On Nearly Complete Revolution …

View of an offshore wind energy park during a press moment of Orsted, on Tuesday 06 August 2024, on the transportation of goods with Heavy Lift Cargo Drones to the offshore wind turbines in the Borssele 1 and 2 wind farm in Zeeland, Netherlands. Nicolas Maeterlinck | Afp | Getty Images Shares in wind farm developer Orsted tumbled soon as …

Emer Moreau Business reporter, BBC News Getty Images The WH Smith name is only seen in airports in the UK now WH Smith shares slumped 41.7% on Thursday morning following an accounting error which led it to overstate its North America profits. The company has cut its profit forecasts in the region as a result and has ordered a review …

Crypto stocks tumble ahead of Friday’s economic conference  Quartz Crypto stocks tumble as investors go into risk-off mode  CNBC What to expect from Jay Powell’s Jackson Hole speech  Financial Times Fed Rate Cuts: Will Powell Disappoint the Market at Jackson Hole?  The Wall Street Journal Wall Street Holds Its Breath Before Jackson Hole: Markets Wrap  Bloomberg.com Source link

Goldman Weighs in on the ‘Summer of Stablecoins’ 16 minutes ago The first federal regulatory system signed into law brought about something of a summer awakening for stablecoins. Whether the roughly $270 billion global market in tokens pegged to real-world currencies will grow to trillions, and eat into traditional financial services industries, remains to be seen. President Donald Trump at the signing …

Palantir’s stock could tumble and still be expensive, this short-seller says  MarketWatch If You’d Invested $100 in Palantir Stock 3 Years Ago, Here’s How Much You’d Have Today  Yahoo Finance Palantir: The Hype Has Reached Delusional Levels (NASDAQ:PLTR)  Seeking Alpha Is Palantir the Next Tesla?  Nasdaq Prediction: This Will Be Palantir’s Stock Price in 3 Years  The Motley Fool Source link

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, …

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 …

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

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 …