Slides Truist Downgrades
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Business - MarketWatch
Applebee’s parent’s stock slides 5% after Truist downgrades on worry about slowing sales
‘Potentially severe Applebee’s same-store sales underperformance vs. peers (based on Truist Card Data) shakes our confidence that improving same-store sales will be a near-term catalyst for the ...6 hours ago -
Business - MarketWatch
Humana’s stock extends losses as BofA downgrades to sell on concerns about margin recovery
The health insurer has lost 24% in the week to date after it said the government is set to cut the rating on a large Medicare Advantage plan.23 hours ago -
Business - CNBC
XRP slides 9% after SEC appeals decision in landmark Ripple case
The SEC Wednesday filed to appeal a 2023 court ruling that XRP is not considered a security when sold to retail investors on exchanges.Yesterday -
Business - MarketWatch
Bitcoin may slide to $55,000. Its next move hinges on the U.S. jobs report and Middle East tensions.
Crypto investors are closely watching the U.S. jobs report to be released on Friday and the ongoing geopolitical tensions in the Middle East to gauge the near-term direction of bitcoin.Yesterday -
Business - Financial Times
Sterling slides after Bailey says BoE could be ‘a bit more aggressive’ on rates
Bank of England governor opens door to a faster pace of rate cuts if inflationary pressures continue to easeYesterday -
Business - MarketWatch
Pound slides as Bank of England chief says it could be ‘more aggressive’ in cutting rates
The pound fell sharply Thursday after Bank of England Governor Andrew Bailey said the central bank could be more aggressive in cutting borrowing costs if inflation remained benign.Yesterday