(Bloomberg) — Elon Musk’s underlings at Tesla Inc. are accustomed to chaos. It comes with the territory of working for a chief executive who sets exacting targets and often abruptly switches directions — whose biographer describes his more intense moods as “demon mode.” Elon Musk in Los Angeles on April 13, 2024. (Photo by Jordan […]
Tag: Plunge
Dow Jones Futures Loom After Nvidia, Super Micro Plunge; Tesla Slashes Prices With Earnings Due
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures, following a tough market week. Earnings from Microsoft (MSFT), Meta Platforms (META) and many more are on deck. Tesla, which reports Tuesday, slashed EV and FSD prices over the weekend. X The stock market suffered sharp losses in the past […]
White collar workers are losing the work-from-home battle as available high-paying hybrid jobs plunge 40%
Good morning! There’s no doubt that today’s employees want remote and hybrid options when it comes to where they work. And although some CEOs have reversed course on their RTO mandates, and the C-suite in general is realistic about how long it will take to get staffers back into the office, new data shows just […]
Johnson takes plunge on Ukraine aid in face of ouster threat
Speaker Mike Johnson (R-La.) is taking the plunge on a massive package of foreign aid that’s cleaved his conference and threatened his gavel, brushing off his detractors in a go-for-broke effort to help beleaguered allies overseas. Johnson has won early Democratic support for his multipronged strategy to provide military assistance to Ukraine, Israel and Taiwan, […]
This S&P 500 Valuation Metric Is at the Third Highest Level Ever. Could Stocks Be Poised to Plunge?
In books and movies, you know to watch out whenever everything is going great for the main character. There’s always some disruption that throws things off balance. Investors could be in a similar situation right now. The S&P 500 soared 24% last year. The index has risen in the high single digits so far this […]
Asian Stocks, Currencies Plunge in Broad Selloff: Markets Wrap
(Bloomberg) — Asian stocks and currencies tumbled on concerns that US interest rates may stay higher for longer and signs that China’s growth recovery is stalling. Most Read from Bloomberg MSCI’s Asia Pacific Index dropped the most in three months as shares from Hong Kong to Japan and South Korea slumped. Futures contracts for US […]
Short Seller Behind Globe Life’s 53% Plunge Has Winning Record
(Bloomberg) — The record drop in Globe Life Inc. this week extended a streak of wins for the short-selling group that released a report against the insurance company. Most Read from Bloomberg Fuzzy Panda Research, an anonymous organization that puts out reports on companies whose stocks it’s betting against, was the best performing activist short […]
Volkswagen electric car sales plunge as Europe returns to petrol
Volkswagen’s EV sales have also come under pressure from an influx of new China-made electric cars Sales of Volkswagen electric cars have plunged by almost a quarter in Europe as demand for battery-powered vehicles stalls and buyers return to petrol. Electric vehicle (EV) sales fell by 24pc in the first three months of the year […]
Florida student aid requests plunge. How many will delay or skip college?
Students and families were promised last year that the federal application for college financial aid was about to get easier. The number of questions they had to answer dropped from 100 to 36. But after a three-month delay in making the form available and a series of crippling mistakes, completions are way down, according to […]
5 Artificial Intelligence (AI) Stocks That Can Plunge Up to 86%, According to Select Wall Street Analysts
No next-big-thing investment trend has arguably been hotter since the advent of the internet than artificial intelligence (AI) is right now. When discussing “AI,” I’m referring to software and systems handling tasks that would normally be overseen by humans. Machine learning gives software and systems the ability to learn and evolve without human intervention, which […]
Rich Dad, Poor Dad’s Robert Kiyosaki Cautions Boomers Are At Risk Of Going Broke As Their Retirement Accounts Full Of ‘Fake Assets’ Plunge
Robert Kiyosaki, known for his bestseller “Rich Dad Poor Dad,” often takes to social media to sound the alarm on the financial health of the economy. He’s vocal about his belief in an impending economic collapse or significant recession, urging his followers to brace themselves for tough times ahead. Kiyosaki’s recent post on X dives […]
Tesla could ‘go bust’ and plunge 91% because it’s in a bubble and not growing, longtime bear says
Tesla CEO Elon MuskBusiness Insider/Samantha Lee Tesla could end up plunging as low as $14 a share, according to longtime bear Per Lekander, a longtime bear who’s been shorting the stock since 2020. Lekander, who’s been shorting Tesla’s stock since 2020, calls it the biggest bubble “in modern history.” The Elon Musk-led EV maker is […]