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Latest in Stock Drops Sales

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789 items
  • Louis Vuitton Owner LVMH Sees Stock Drop on Weak China Sales

    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

  • 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 - 4 hours ago

  • 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 - 5 hours ago
  • Volkswagen profit plunges 64% as China sales slide

    Volkswagen profit plunges 64% as China sales slide

    Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gains
    Business - Financial Times - 8 hours ago
  • Has America lost its shame?

    Has America lost its shame?

    The brazenness of US politicians in the face of scandals is a defining feature of the era
    Business - Financial Times - October 16
  • Musk gives $75mn boost to Trump’s presidential run

    Musk gives $75mn boost to Trump’s presidential run

    World’s richest man aims to sway outcome of November election with donation
    Business - Financial Times - October 16
  • Pound falls as UK inflation declines more than expected to 1.7%

    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 year
    Business - Financial Times - October 16

  • LVMH stock falls on slumping luxury sales in China

    LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter sales
    Business - MarketWatch - October 16

  • Biogen’s stock hit by soft sales of Alzheimer’s treatment

    “We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.
    Business - MarketWatch - 3 hours ago
  • LVMH shares down 7% after warning of ‘uncertain’ outlook

    LVMH shares down 7% after warning of ‘uncertain’ outlook

    World’s largest luxury group hit by pullback in Chinese consumer spending
    Business - Financial Times - October 16

  • 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 2024
    Business - MarketWatch - October 16

  • 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 - 6 days ago
  • September home sales drop to lowest level since 2010

    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

  • Global public debt will hit $100 trillion by year-end, says IMF

    The IMF warned of the risks posed by unsustainable public debt levels.
    Business - CNBC - 6 days ago

  • CDC told McDonald's about potential E. coli outbreak late last week

    Roughly a fifth of McDonald's U.S. restaurants are not selling Quarter Pounder burgers at this time.
    Business - CNBC - October 23

  • 10-year Treasury yield briefly tops 4.25%, hits highest level since late July

    The U.S. 10-year Treasury yield rose again Wednesday as traders digested the latest comments from Fed officials on the trajectory of interest rate cuts.
    Business - CNBC - 6 days ago

  • Watch Ripple CEO Brad Garlinghouse speak live on legal battle with SEC and upcoming election

    Ripple CEO Brad Garlinghouse will speak at DC Fintech Week in Washington, D.C., on Wednesday afternoon.
    Business - CNBC - October 23

  • Abercrombie & Fitch responds to former CEO's sex trafficking arrest, says it will cooperate with law enforcement

    Abercrombie & Fitch said it will cooperate with law enforcement after its former CEO Mike Jeffries was arrested on sex trafficking and related charges.
    Business - CNBC - 6 days ago

  • Tesla investors have a lot of questions for Musk about Trump

    On a forum that Tesla uses to solicit questions from investors ahead of earnings, there are a bunch of questions about Republican nominee Donald Trump.
    Business - CNBC - 6 days ago

  • IBM stock slips on disappointing consulting and infrastructure revenue

    IBM's critical software category performed well due to Red Hat's gains, but the consulting and infrastructure segments pulled down overall results.
    Business - CNBC - 6 days ago

  • Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

    Revenue for the third quarter grew about 94% year-on-year.
    Business - CNBC - 6 days ago

  • Tim Cook is likely visiting China to bolster support for Apple Intelligence, analysts say

    The CEO met with China's Minister of Industry and Information Technology as well as the heads of some local companies, including China Mobile and Weibo.
    Business - CNBC - 6 days ago

  • Barclays shares hit nine-year high after third quarter profit jumps 23%, beating expectations

    British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.
    Business - CNBC - 6 days ago

  • Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter

    Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.
    Business - CNBC - 6 days ago

  • Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list

    Nike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.
    Business - CNBC - 6 days ago

  • Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft

    As Chinese smartphone company Oppo gears up for a flagship phone launch overseas, it says it has weekly AI talks with Google and Microsoft senior management.
    Business - CNBC - 6 days ago

  • Top 10 things to watch in the stock market Thursday, including news on Nvidia, 3 other Club stocks

    The S&P 500 was trying to break a three-session losing streak.
    Business - CNBC - 6 days ago

  • Air taxi firm Lilium's shares plunge 61% after company says main subsidiaries will file for insolvency

    Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.
    Business - CNBC - 5 days ago

  • Generative AI is onboarding hundreds of employees at a time, better and faster

    Onboarding new employees is a core responsibility of talent leaders. It's increasingly being turned over to AI.
    Business - CNBC - 6 days ago

  • OpenAI disbands another safety team, head advisor for 'AGI Readiness' resigns

    OpenAI is disbanding its "AGI Readiness" safety team, which advised the company on its capacity to handle the outcomes of increasingly powerful AI.
    Business - CNBC - 6 days ago

  • Tesla stock soars 22% for best day in over a decade on Musk's 2025 growth projection

    Tesla shares soared 22% Thursday, the stock's best day in 11 years, following its better-than-expected third-quarter earnings.
    Business - CNBC - 5 days ago

  • 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

  • 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

  • We're buying more of a stock that has gone on sale since reporting earnings

    The purchase will increase the stock's weighting in our portfolio to 2.75% from 2.58%.
    Business - CNBC - October 14

  • Johnson & Johnson’s stock falls despite Q3 sales beat and guidance raise

    Johnson & Johnson reported better-than-expected third-quarter sales and raised its full-year revenue guidance.
    Business - MarketWatch - October 15
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