Author: Trendytimes
(Bloomberg) – In recent market selling, large tech companies have fallen from their high level. However, many traders bet that the decline might be further down, and recent history provides evidence to support them. Most of them read from Bloomberg The prices investors are paying for expected revenue from the so-called seven grand companies have reached its lowest level since September this week. However, these ratings are far from the lows reached in 2018 and 2022 when the tech giants’ profits were under pressure, and now there are more factors that cloud the horizon. “We acknowledge that the rating looks…
WASHINGTON (AP) – Salepta Therapeutics (SRPT) said Tuesday that the patient died while undergoing closely monitored gene therapy due to muscular dystrophy and will send shares in the company that will plummet in morning trading. The young man died of acute liver damage, a known side effect, Salepta said in a statement. However, the company said the “severity” of patient cases was not previously seen in a treatment called Elevidys. The company said this was the first known patient death from treatments used in more than 800 patients. NASDAQGS -NASDAQ Real-time Price • USD 2:52:18 PM EDT. Market open. In…
Tesla (NASDAQ: TSLA) is free falling, while short sellers are big and cashed. Stocks have been cut by half in the last three months, with hedge funds giving out $16 billion of a market capitalization, with a base of over $700 billion. Elon Musk’s net worth? More than $100 billion down. Investors are surprised not only by the foundations of Tesla’s weakening, but also by the growing entanglement in mask politics. His general support for far-right parties in Europe and aggressive government spending cuts in the US have sparked consumer backlash and have hit Tesla’s brand violently. The anger wasn’t…
(Bloomberg) – FedEx Corp. fell after a parcel delivery company lowered its guidance for the third year in a row, citing uncertain demand for inflation and shipping. Most of them read from Bloomberg Adjusted revenue is expected to fall below the average analyst estimate of $18.95, ranging from $18.60 per share this fiscal year. Fedex also warned that sales could fall slightly year-on-year compared to previous expectations that sales were nearly flat. FedEx is the latest US company to weaken consumer confidence and raise alarms amid a potential fallout from President Donald Trump’s escalating trade war. Parcel companies believe they…
(Bloomberg) – Innovative new technology comes along and drives investors into its seemingly endless possibilities. Euphoria gush stock market gatherings. In the end things get overheated and stock prices are ridiculous. Then it all falls apart. Most of them read from Bloomberg Does it sound familiar? Just 25 years ago, about five years of dot-com bubble came out, leaving behind a trillion dollar investment loss. On March 24, 2000, the S&P 500 Index posted a record level that would not be seen again until 2007. These peaks marked the end of electric driving, which began in the early blowout public…
CNBC host and veteran market commentator Jim Kramer is raising the alarm bell following President Donald Trump’s sweeping tariffs announced on April 2. “If the president doesn’t want to reach out and reward these countries and businesses that play by the rules, the scenario in 1987… the scenario that fell 22% on Monday and 22% is the most enthusiastic,” Kramer refers to the historic day collapse of the Dow Jones overall average. “We don’t have to wait too long to know, we’ll know that by Monday.” Black Monday refers to the crash of stock markets around the world on October…
Recently, we have compiled a report on top 18 automotive industry innovations and trends. In this article, we will look at the top trends in the automotive industry. According to a PWC report, the future of the global automotive industry is explained by the acronym “Eascy,” which is electrified, autonomous, shared, connected, and updated annually. The widespread adoption of electric vehicles (EVs) is seen as part of a global effort to promote environmentally friendly transportation by using renewable energy for charging. Advances in artificial intelligence and related technologies are expected to enable self-driving cars that can operate without human intervention,…
00:00 Josh Lipton Some of the big movers after a few hours include retailers. Yahoo Finance executive editor Brian Sozzi has seen several important names. 00:08 Brian Sotzi Yeah, Josh, uh, ugly at the ugly time here. Walmart stocks over 4-4%. Amazon’s stock is being criticised at nearly 5%. For example, just lock in Walmart, Walmart. This is the company that has won the cost of products sold from China, or about 70% of the other products. Certainly, they have a large grocery business, but there are many, um, apparel, sneakers and belts. And of course, Amazon, um, the market…
00:00 Josh Lipton US stocks rally on the second day, with investors focusing on tech’s temporary reprieve from Trump’s tariffs. Jared Blikre from Yahoo Finance joins us with Jared, takeout on trading days. 00:08 Jared Bricle Thank you, Josh. Stocks were closed in green, but today we had to talk about what happened in technical. It is the cross of death. And I will show you what happened. This is not an S&P 500. In fact, there was one on the Nasdaq a few days ago. It uses the lesser known feature of YFI interactive to generate moving averages. This…
Is today your lucky day?According to the Mega Millions website, Mega Millions Lottery Jackpot had a $20 million cash option on the painting Friday night, an estimated $43 million. Jackpot won last on March 25th. The Illinois lottery player has won a $349 million jackpot.Meanwhile, the Powerball jackpot is $47 million, and the cash option is $22.7 million, according to the Powerball website. What are the Mega Millions numbers that won 4/4/25?Here are the Mega Million wins for Friday, April 4, 2025:11-28-35-37-69 and Megaball 25Megaplier was twice as muchLooking for Edge? These huge millions are most drawnWhen will you draw…