Plunges Following Weak

Pinterest stock plunges following weak Q4 revenue guidance

Pinterest reported third-quarter earnings on Thursday that beat on the top and bottom lines.

Business - CNBC - 5 hours ago

Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance

Super Micro, the embattled server maker, reported preliminary first-quarter results on Tuesday.

Business - CNBC - 2 days ago

FirstFT: Japan plunges into political chaos

Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflows

World - Financial Times - October 28

UK borrowing costs hit highest level this year as gilt sell-off intensifies

Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ Budget

Business - Financial Times - October 31

Mortgage rates surge, putting a damper on home buying and refinancing

Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - October 16

Cuba plunged into crisis by prolonged power blackouts

President warns against ‘vandalism’ after fuel shortages exacerbate economic struggles

Business - Financial Times - October 21

Kering warns on profit as Gucci sales plunge

French luxury group grapples with turnaround at its biggest brand as demand dips in Asia

Business - Financial Times - October 24

China’s industrial profits plunge as economic momentum falters

Steep monthly decline in September comes as policymakers battle to restore confidence

Business - Financial Times - October 27

Japan’s PM vows to stay on after election debacle

Shigeru Ishiba has presided over a result that threatens to plunge country’s politics into paralysis

Business - Financial Times - October 28

Wise chief executive fined £350,000 over ‘tax issues’

UK financial regulator says Kristo Käärmann breached conduct rules but clears him to continue in his job

Business - Financial Times - October 28

From intern to CEO: does it pay to be a company lifer?

Executives who spend their career at one place can boost morale and loyalty but risk stifling innovation

Business - Financial Times - October 28

Volkswagen profit plunges 64% as China sales slide

Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains

Business - Financial Times - October 30

Volkswagen in Drive to Cut Costs as Earnings Plunge

The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.

Business - The Wall Street Journal - October 30

EstéeLauder Shares Plunge 21% After It Slashes Dividend

The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.

Business - The Wall Street Journal - October 31

Florida Rejects Recreational Marijuana as Cannabis Stocks Plunge

A ballot measure to legalize recreational pot failed to reach the required 60 percent threshold for passage, and publicly listed companies’ shares dropped after a major market was closed to them.

Business - Inc. - Yesterday

Gold's price is plunging. Is this the right time to buy in?

Gold's price has dropped to a three-week low, which could present a good opportunity for investors. Here's why.

Harris Suggests Trump Is ‘Weak and Unstable’ in Pointed Challenge

Kamala Harris asked why Donald J. Trump had not released his medical records, appeared on “60 Minutes” or agreed to a second debate.

Top stories - The New York Times - October 14

UK to consult on ‘opt-out’ AI content scraping in blow to publishers

Decision follows months of lobbying from tech sector and creative industries

Business - Financial Times - October 16

Lebanon feels it is being punished for a decision Hizbollah made

Civil society has sprung into action but the overwhelming sense of solidarity may be hard to sustain

Business - Financial Times - October 16

L’Oréal sales disappoint due to weak Chinese demand

Revenue at world’s biggest beauty company grew 3.4 per cent in third quarter, when analysts expected 6 per cent

Business - Financial Times - October 22

Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market

Business - Financial Times - October 25

Germany Avoids Recession, but Weak Growth Weighs on Europe

The continent’s economy continued to limp along, expanding just 0.4 percent in the latest quarter, dragged down by a loss of competitiveness.

Top stories - The New York Times - October 30

Microsoft dips on weak guidance after beating on earnings

Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.

Business - CNBC - October 30

Carlsberg Misses Sales Expectations on Weak Consumer Backdrop

The Copenhagen-based brewer didn’t meet revenue and sales volumes expectations due to a poor performance in China and other countries, but reiterated its full-year guidance.

Business - The Wall Street Journal - October 31

STMicroelectronics Cuts Outlook Again on Continued Weak Demand

STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.

Business - The Wall Street Journal - October 31

Smith & Nephew cuts outlook on China weakness

FTSE 100 medical manufacturer reports price pressures and worse-than-expected demand

World - Financial Times - October 31

With Oil Prices Weak, OPEC Plus Postpones Increases Again

Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.

Business - The New York Times - 3 days ago

Saudi Aramco Profit Falls on Oil-Price Weakness

The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.

Business - The Wall Street Journal - 2 days ago

What are Europe’s biggest weak spots for a Trump presidency?

A second Trump presidency will impact climate policy, trade, the war in Ukraine and EU defence

World - Financial Times - 21 hours ago

How to follow on the BBC

Whether you plan to follow the White House race on TV, radio or online, the BBC has you covered.

Trump Media shares fall nearly 10% after DJT plunge triggers trading halt

Trading in Trump Media shares was briefly halted due to volatility, after the Truth Social owner's stock suddenly plunged in price.

Business - CNBC - October 15

Eric Adams’s Campaign Donations Plunge After Federal Indictment

Donations to the New York City mayor’s re-election campaign ceased after a five-count federal corruption indictment against him was unsealed last month.

Top stories - The New York Times - October 15

Trump Media's stock is halted after sudden plunge in DJT shares

Trading in Trump Media, owner of Truth Social, was halted briefly on Tuesday after the stock suddenly plunged.

What to know about the electrical grid failure that plunged Cuba into darkness

A few things to know after millions of people in Cuba were left without electricity for two days when the nation's electrical grid collapsed

World - ABC News - October 20

FirstFT: Shares in McDonald’s plunge on links to E. coli outbreak

Also in today’s newsletter, Israel claims Nasrallah’s heir killed and Starbucks scraps financial guidance

World - Financial Times - October 23

Kentucky lawmaker dies weeks after plunging into an empty swimming pool on a mower

Kentucky state Sen. Johnnie Turner has died weeks after being injured when the lawn mower he was riding plunged into an empty swimming pool at his home

Lawmaker dies after plunging into swimming pool on lawn mower

Kentucky state Sen. Johnnie Turner was known for his staunch support for the coal industry and other causes in his Appalachian district.

Kentucky lawmaker dies after lawnmower plunges into swimming pool

Kentucky state Sen. Johnnie Turner (R) died Tuesday from injuries he suffered after being thrown into an empty swimming pool while riding his lawnmower just over a month ago. Turner, 76, formerly ...

Politics - The Hill - October 24

Chapel Down shares plunge after winemaker pulls back on sale plans

England’s largest producer says it will remain independent and also downgrades sales guidance

World - Financial Times - October 25

Remy Cointreau Warns of Sales Plunge as U.S., China Woes Persist

The maker of Remy Martin and Cointreau ditched its forecast of a gradual organic sales recovery over the course of the year to March 2025 and projected, instead, a decline in the double-digit ...

Business - The Wall Street Journal - October 25

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