Latest in Stock Plunges Following
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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 -
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 -
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 -
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.Top stories - CBS News - October 15 -
Lilly’s Mounjaro, Zepbound drugs see strong demand. So why did sales disappoint?
Eli Lilly’s stock heads for biggest selloff in more than three years after sales of anti-obesity drugs Mounjaro and Zepbound came up well short of forecasts.Business - MarketWatch - October 30 -
Trump's wealth slumps by $1.9 billion amid DJT stock plunge
Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.Top stories - CBS News - October 31 -
Super Micro's 45% plunge this week wipes out stock's gains for the year
Super Micro investors have been fleeing for the exits this week after the company lost its second auditor in less than two years.Business - CNBC - 6 days ago -
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 -
CVS Health CEO Karen Lynch steps down after 19% stock plunge
CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner amid struggles with rising costs.Top stories - CBS News - October 18 -
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 -
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."Business - CNBC - 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 -
Banks and Tesla lead list of top-performing stocks following Trump’s victory
The S&P 500 financial sector rose 5% when trading opened on Wednesday.Business - MarketWatch - Yesterday -
Trump’s ‘DJT’ reports narrowing quarterly loss on Election Day. Stock jumps after hours following regular-session slump.
Investors in the parent of Trump’s Truth Social appeared to suddenly turn pessimistic toward the former president’s odds of winning at the polls as Election Day progressed.Business - MarketWatch - 2 days ago -
FirstFT: Japan plunges into political chaos
Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflowsWorld - Financial Times - October 28 -
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 strugglesBusiness - 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 AsiaBusiness - Financial Times - October 24 -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - 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 paralysisBusiness - 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 jobBusiness - 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 innovationBusiness - Financial Times - October 28 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - 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 -
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.Top stories - CBS News - Yesterday -
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.Top stories - BBC News - 2 days ago -
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 -
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 collapsedWorld - 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 guidanceWorld - 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 homeTop stories - ABC News - October 23 -
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.Top stories - CBS News - October 24 -
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 guidanceWorld - 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