Latest in Stock Slides Softer
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Best Buy’s stock slides as ‘softer-than-expected’ demand leads to sales, earnings miss
Macro uncertainty, customers waiting for deals and sales events, and distraction during the run-up to the election led to softer-than-expected demand, according to Best Buy CEO Corie Barry.Business - MarketWatch - 23 hours ago -
On Election Day, Trump-linked Phunware’s stock slides
Phunware shares are down 3% as America heads to the polls.Business - MarketWatch - November 5 -
Spectrum Brands’ stock slides as profit lags estimates
“Challenging economic and geopolitical conditions” are impacting consumer demand, according to its CEO.Business - MarketWatch - November 15 -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.Business - MarketWatch - October 31 -
Avis’s stock slides after third-quarter earnings fall short of estimates
Avis Budget Group’s stock was falling in after-hours trade Thursday, after the car-rental company’s third-quarter earnings fell short of estimates.Business - MarketWatch - October 31 -
Block offers a glimpse of what to expect next year, but its stock slides
The parent company of Square and the Cash App expects to keep expanding operating margins into 2025.Business - MarketWatch - November 8 -
AST SpaceMobile stock slides after Q3 loss widens
Shares of AST SpaceMobile Inc. fell in extended trading Thursday after the space-based broadband company’s third-quarter loss widened.Business - MarketWatch - November 15 -
Alphabet’s stock slides as Feds push for Chrome sale. Why fears are overblown.
The Google parent’s stock is heading for its worst day in 10 months. But one analyst thinks a forced Chrome sale seems unlikely.Business - MarketWatch - 5 days ago -
Boot Barn stock slides after CEO departure announcement, but Western-wear retailer’s forecast is more upbeat
Western-themed retail chain Boot Barn Holdings Inc. on Monday said its chief executive would be leaving next month, while forecasting better sales and profits for the full year.Business - MarketWatch - October 29 -
Icahn Enterprises’ stock slides 14% as majority-owned CVR Energy suspends its dividend
Icahn Enterprises LP’s stock fell 4% early Tuesday, after CVR Energy Inc., in which it owns a 66% stake, said it would suspend its third-quarter dividend, as unplanned outages and a weak macro ...Business - MarketWatch - October 29 -
Phunware’s stock slides after CFO steps down and poll puts Harris ahead in Iowa
Shares of Phunware Inc. are down 5.1% after the mobile-advertising company tied to former President Donald Trump’s 2020 campaign said Chief Financial Officer Troy Reisner is stepping down. The news ...Business - MarketWatch - November 4 -
Archer Daniels’ stock slides 8% on profit warning as company says it will restate past financials
Archer Daniels Midland Co.’s stock tumbled 6% early Tuesday, after the food-processing and ethanol giant published guidance for the third quarter that lags estimates and said it would restate prior ...Business - MarketWatch - November 5 -
Carl Icahn’s investment arm’s stock slides after company again halves dividend
Icahn Enterprises LP’s stock fell 7% early Friday, after a report that Carl Icahn’s investing arm is planning to cut its dividend to help raise the funds to expand his stake in portfolio company ...Business - MarketWatch - November 8 -
Novavax’s stock slides 7% as guidance cut offsets narrower-than-expected third-quarter loss
Novavax Inc.’s stock fell 4% Tuesday after the company cut its full-year guidance, offsetting a narrower-than-expected third-quarter loss and better-than-expected revenue.Business - MarketWatch - November 12 -
Amgen’s stock closes off lows to avoid worst day in 24 years as weight-loss-drug data underwhelms
Amgen’s MariTide achieved up to 20% weight loss in a mid-stage trial, but analysts were expecting up to 25%.Business - MarketWatch - 18 minutes ago -
Badenoch says she may need a softer approach
The Tory leadership frontrunner admits she may need to "calibrate" her approach, see by some as combative.Top stories - BBC News - October 28 -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - October 31 -
The story of the Nintendo Switch in 15 slides
Nintendo's executives gave a slide show that told the state of the Nintendo Switch game console.Tech - VentureBeat - November 7 -
We reiterate our 1 rating on Microsoft despite its softer guidance — here's why
The numbers look different this quarter due the company re-segmenting a few businesses, but overall there's not much to complain about.Business - CNBC - October 31 -
Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected
Peloton's cash flows are improving, but it's expecting to sell fewer bikes and treadmills during its holiday quarter than Wall Street expected.Business - CNBC - October 31 -
Best Buy cuts full-year sales forecast due to softer demand for consumer electronics
Best Buy is waiting for a wave of shoppers to replace old devices and upgrade to new, higher-tech ones after an approximately two-year sales slump.Business - CNBC - 15 hours ago -
Third of world's tree species slide towards extinction, say scientists
Scientists have revealed that more than a third of tree species are facing extinction.Top stories - BBC News - 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 -
Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - October 31 -
Uber shares slide on slowing bookings growth
Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimatesBusiness - Financial Times - October 31 -
Boise State moves into bye slot in CFP rankings
Boise State, which pulled away from San Jose State on Saturday, moved ahead of BYU in the rankings released by the College Football Playoff selection committee Tuesday, putting the Broncos in ...Sports - ESPN - 6 days ago -
AMD's post-earnings slide is a buying opportunity. Here's why
Wall Street's reaction to the quarter continues an up-and-down month for shares of the AI chipmaker.Business - CNBC - October 30 -
Starbucks turns to Sharpies and price freeze to stem traffic slide
New CEO Brian Niccol pledges to simplify ‘overly complex’ menu and return to its coffee house rootsBusiness - Financial Times - October 30 -
Amid 6-game slide, Gundy urges 'trust' from fans
Mike Gundy on Monday urged Oklahoma State fans to continue to trust him with the Cowboys falling to 3-6 overall, 0-6 in the Big 12, after Saturday's 42-21 loss to Arizona State at home.Sports - ESPN - November 5 -
Global ETFs slide as investors see Trump tariff policies hurting trade
Exchange-traded funds tracking international stocks broadly struggled as investors reacted to Donald Trump's victory.Business - CNBC - November 6 -
Adyen shares slide as payments giant's transaction volume growth slows
Adyen shares sank Thursday after the company reported a slowdown in the growth of its transaction volumes in the third quarter.Business - CNBC - November 7 -
After Trump victory, ‘DJT’ shares resume rally while Phunware slides
In a post on Truth Media, Donald Trump said he has no intention of selling his shares in the social-media platform.Business - MarketWatch - November 8 -
Inside Goldman Sachs’ years-long power struggle over its China venture
A deal with a prominent Chinese banker gave the US group market access, but securing full control cost a lot more than it expectedBusiness - Financial Times - November 14