Latest in 3m’s Stock Drops
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3M’s stock turns red as profit beat, but retail customers are still holding back
The maker of Post-it Notes saw it’s stock surge to a multi-year high, then pull a sharp U-turn into the red, even as earnings beat expectations.Business - MarketWatch - October 22 -
Has America lost its shame?
The brazenness of US politicians in the face of scandals is a defining feature of the eraBusiness - Financial Times - October 16 -
Musk gives $75mn boost to Trump’s presidential run
World’s richest man aims to sway outcome of November election with donationBusiness - Financial Times - October 16 -
Pound falls as UK inflation declines more than expected to 1.7%
First reading below Bank of England’s target in 3 years opens door to more rate cuts this yearBusiness - Financial Times - October 16 -
Krispy Kreme’s stock drops on earnings miss
Doughnut maker warns its full-year 2024 profit is expected to fall short of analyst estimates but its effort to sell its products at McDonald’s is off to a successful start.Business - MarketWatch - Yesterday -
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...Business - MarketWatch - October 15 -
Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales
Weak sales in China at LVMH, the owner of Dior, Tiffany and more, sent a shudder through the luxury sector.Business - The New York Times - October 17 -
Lucid’s stock takes a dive after EV maker warns of larger losses
Lucid’s stock took a deep dive in early Thursday trading, after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecasts.Business - MarketWatch - October 17 -
Lucid CEO defends $1.75 billion capital raise following stock drop
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.Business - CNBC - October 22 -
Caterpillar’s stock falls as weak equipment sales lead to a rare profit miss
Caterpillar’s stock fell after a rare profit miss, while revenue was below expectations for a fourth straight quarter.Business - MarketWatch - October 30 -
CSX stock sees biggest drop in 3 years after railroad warns of hurricane impact, discloses SEC subpoena
Shares of CSX Corp. booked their biggest percentage drop in more than three years after the railroad operator on Wednesday said the fourth quarter would be “more challenging” in the wake of falling ...Business - MarketWatch - October 17 -
Traders’ enthusiasm for stocks returns to level seen just before 10% drop last year
Strategists at Citi are concerned about the possibility of a repeat, though they aren’t recommending investors trim their positions.Business - MarketWatch - October 23 -
McDonald’s stock drops as Quarter Pounders linked to E. coli outbreak, CDC says
An outbreak of E. coli linked to McDonald’s Corp. Quarter Pounder burgers has killed one person and hospitalized 10 people in 10 states.Business - MarketWatch - October 23 -
Harris trades: These healthcare stocks could rally if she wins — or drop if Trump triumphs
Certain healthcare stocks rank among the “Harris trades,” meaning stocks that could rally on a win by Democratic presidential nominee Kamala Harris. Meanwhile, small-cap banks are among the stocks ...Business - MarketWatch - October 23 -
Oil prices drop over 6% after Israeli airstrikes spare Iran’s oil facilities
Oil futures fell sharply Monday, with U.S. and global benchmark crude posting the largest one-day percentage decline in over two years after widely anticipated Israeli airstrikes against Iran did ...Business - MarketWatch - October 28 -
Royal Caribbean CEO: Americans are ‘wealthier than ever’ and love to travel
Royal Caribbean’s stock pulls back from a record after revenue, profit outlook for the current quarter disappoint.Business - MarketWatch - October 29 -
Kraft Heinz’s stock drops as sales volumes fall again, more than prices rise
Kraft Heinz misses sales expectations again, as volumes keep falling, and the stock heads for a three-month low.Business - MarketWatch - October 30 -
Meta's stock drop tells the wrong story on earnings — so, we're boosting our price target
Don't let the after-hours stock action fool you, Meta delivered one heck of a strong quarter and rosy revenue guidance.Business - CNBC - October 31 -
UK savings plans overhauled with planned pension tax changes
Advisers race to rethink approach after Rachel Reeves pledges to bring retirement pots under inheritance levy regimeBusiness - Financial Times - October 31 -
OpenAI brings online search to ChatGPT
Move takes aim at rivals including Google and PerplexityBusiness - Financial Times - October 31 -
Parents to be hit by ‘nanny tax’ after national insurance changes
Families affected will be worse off by more than £1,000 a yearBusiness - Financial Times - October 31 -
Super Micro still can’t say when it will file annual report, and its stock drops
Server maker doesn’t expect its accounting issues to impact its ability to serve customersBusiness - MarketWatch - 2 days ago -
House Democrats launch $3M ad campaign focused on Project 2025
The House Democratic campaign arm on Wednesday launched a multimillion-dollar ad blitz focused on Project 2025, a conservative blueprint for the next Republican presidency that Democrats have been ...Politics - The Hill - October 16 -
Fraudsters steal more than £3m a day as cases rise
Fraud cases rise by 16% in the first half of the year, but total losses are down slightly, new data shows.Top stories - BBC News - October 17 -
Squido Studio raises $3M for social XR game DigiGods
Squido Studio has raised $3 million in funding to develop DigiGods, an ambitious social extended reality (XR) platform.Tech - VentureBeat - Yesterday -
AI may displace 3m jobs but long-term losses ‘relatively modest’, says Tony Blair’s thinktank
Rise in unemployment in low hundreds of thousands as technology creates roles, Tony Blair Institute suggests. Artificial intelligence could displace between 1m and 3m private sector jobs in the ...World - The Guardian - 11 hours ago -
Athletics Drop ‘Oakland’ From Their Name
The team has a new designation and will play at Sutter Health Park in West Sacramento.Sports - The New York Times - 3 days ago -
Heisman watch: A Big Four, and then a very big drop
Boise State RB Ashton Jeanty is the midseason favorite after his incredible start to the season.Sports - Yahoo Sports - October 16 -
Utah HC Drops Tough Battle With Boston
The club gave it all they had, but couldn't solve Jeremy Swayman and a stout Bruins defence.Sports - Yahoo Sports - October 20 -
Starbucks scraps 2025 guidance after fall in sales and earnings
New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growthBusiness - Financial Times - October 22 -
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Fatal Drug Overdoses Are Dropping. Not Everyone Is Spared.
Federal officials have celebrated a striking drop in drug overdoses across the country. But state-level data shows that Black people are suffering significantly worse outcomes than white people.Health - The New York Times - October 27 -
Source: Ravens' Smith fined for hip-drop tackle
Ravens linebacker Roquan Smith will be fined $16,833 and the NFL ruled that he used a hip-drop tackle on Bucs receiver Chris Godwin, a source told ESPN.Sports - ESPN - October 25 -
Wrexham drop to 3rd after conceding late penalty
Wrexham saw a last-gasp penalty decision go against them as Charlton Athletic earned a 2-2 draw on Saturday to leave the Hollywood-owned side outside of League One's automatic promotion places.Sports - ESPN - October 27 -
Birth rate drops to record low in England and Wales
Declining fertility risks adding pressure on the UK’s public finances and hampering economic growth, warn analystsBusiness - Financial Times - October 28 -
Fertility rate in England and Wales drops to lowest on record
Just over 591,000 babies were born in the UK last year - the lowest number in four decadesTop stories - BBC News - October 28
