Latest in Mark Knicks Drops
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ASML shares drop sharply after warning on semiconductor recovery
Gloomy outlook from Europe’s most valuable tech company drags down stocks from Nvidia to ArmBusiness - Financial Times - October 15 -
LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spendingBusiness - Financial Times - October 16 -
Nvidia, AMD shares extend drops as investors get spooked — but should they be?
An ASML warning about the health of the semiconductor market is one factor weighing on AI chip stocks Tuesday — but one analyst says Nvidia investors shouldn’t be worried.Business - MarketWatch - October 15 -
Chrysler and Jeep maker sees North American deliveries dive 36%
Europe’s largest car manufacturer Stellantis reported a 20% drop in shipments and a 15% drop in sales in the third quarter of 2024Business - MarketWatch - October 16 -
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 -
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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 -
Harvard donations drop sharply in wake of criticism over Israel protests
Donors and alumni cut gifts to west’s wealthiest university by 14% to below $1bn with endowment fund taking brunt of hitWorld - Financial Times - October 17 -
Charges dropped against Tyron McAlpin following release of arrest video
The announcement comes after police body camera video of Tyron McAlpin's violent arrest became public and sparked outcry.Top stories - CBS News - October 17 -
Charges against deaf Black man beaten by Phoenix police dropped
Prosecutors in Arizona have dropped all charges against a deaf Black man with cerebral palsy who was beaten by Phoenix police in August after he didn’t respond to their orders, authorities ...Politics - The Hill - October 18 -
Some NBA player props dropped after Porter case
FanDuel, DraftKings and BetMGM are among the sportsbooks that will not offer under bets on NBA players on two-way or 10-day contracts to combat manipulation, following discussions between the ...Sports - ESPN - October 18 -
Charges Against Deaf Black Man Punched by Phoenix Police Are Dropped
The man, Tyron Scott McAlpin, who also has cerebral palsy, was repeatedly punched and shocked with a Taser by the police during an arrest in August. The arrest is under investigation.Top stories - The New York Times - October 18 -
Harvard donations drop; alums cut ties over anti-Israel protests
Harvard, the nation's richest university, saw donations plunge 15% after campus protests, new report shows.Politics - The Hill - October 19 -
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 -
Disney Drops Blade From 2025 Release Calendar, Adds Predator Movie
For months, it's been obvious that there was no way that Marvel Studios' Blade movie was going to make its 2025 release. Now, it's official: Disney has dropped Blade from its November 7, 2025 ...Tech - GameSpot - October 22 -
Nigeria drops money laundering charges against detained Binance executive
US citizen who heads financial crime compliance at crypto exchange had been held since FebruaryWorld - Financial Times - October 23 -
Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings
“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.Business - The New York Times - October 23 -
Coca-Cola CEO says McDonald's E. coli outbreak won't hurt beverage company's sales
Coca-Cola CEO James Quincey said an E. coli outbreak linked to McDonald's isn't likely to hurt the beverage company's sales at this stage.Business - CNBC - October 23 -
Apple and Goldman Sachs ordered to pay more than $89 million for Apple Card failures
Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.Business - CNBC - October 23 -
What causes home equity loan interest rates to drop? And will they keep falling?
Home equity rates have dropped since the Fed's last meeting. Here's what they could do in the future, experts say.Top stories - CBS News - October 23 -
September home sales drop to lowest level since 2010
Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010, according to the ...Top stories - NBC News - October 23 -
Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments
Buffett's actions were triggered in part by a fake political endorsement alerted to him on Meta's Instagram.Business - CNBC - October 23 -
Charges Dropped in Case Against Binance Employee Held in Nigeria
Tigran Gambaryan, who was in custody for eight months, has been released so he can receive medical care.Business - The New York Times - October 23
