US stocks plummeted on Friday, led by tech sector declines, as a disappointing jobs report fueled speculation of a larger Federal Reserve rate cut.
Author: Ecem Efe (Ecem Efe)
AVGO Stock – Broadcom Q3 Earnings Exceed Expectations: Stock Up 75% Over Past Year
Broadcom’s fiscal Q3 earnings report exceeded Wall Street expectations for revenue and earnings per share, but the company's stock fell 7% after guidance met expectations and reported a significant net loss due to a one-time tax provision.
DLTR Stock – Dollar Tree Shares Drop Over 22% After Slashing Full-Year Sales Outlook
Dollar Tree's shares plummeted over 22% after the company revised its full-year outlook downward due to increased costs, weaker sales, and higher expenses related to liability claims and store conversions.
Sanergy Stock – Sanergy Group Stock Crashes 98% Amid Margin Calls and Shareholder Warnings
Sanergy Group's stock plummeted 98% after margin calls and a regulatory warning about its concentrated shareholding structure triggered a massive sell-off.
Gold Prices in India Steady as Traders Await US Economic Data
Gold prices in India remained steady on September 3, 2024, as traders await US economic data to gauge the Federal Reserve's likely interest rate cut this month, with gold and silver prices showing minimal fluctuations.
Suzlon Share Price – Suzlon Energy’s Stock Sees Massive Gains But Faces Recent Decline
Suzlon Energy’s stock has experienced a dramatic rise of 193% over the past year and 909% over the last two years, but it has recently fallen 5.13%, with current projections indicating potential further gains despite short-term volatility.
Novo Nordisk Stock – Novo Nordisk Faces New Risk as Study Links GLP-1 Drugs to Suicidal Thoughts
Novo Nordisk's GLP-1 medications, Ozempic and Wegovy, may be linked to rare cases of suicidal ideation according to a recent study, raising concerns that could impact the drugs' market potential.
Stellantis Stock – Stellantis Faces Class Action Lawsuit Over Alleged Securities Violations: Investors Urged to Join
A class action lawsuit has been filed against Stellantis N.V. for alleged breaches of federal securities laws, following a significant drop in the company's earnings and stock price.
Nvidia Share Price – Nvidia’s Strong Earnings Fail to Prevent Stock Decline Amid Market Uncertainty
Despite Nvidia reporting record earnings and strong forecasts, its stock has fallen due to broader market concerns and potential delays in upcoming product releases.
Stock Market News: S&P 500 Futures Dip as Nvidia’s Earnings Report Sparks Anticipation
S&P 500 futures dipped slightly ahead of Nvidia's earnings report, while major indexes saw modest gains on Tuesday, with significant after-hours movements in stocks like Nordstrom, Ambarella, and PVH.