Air Canada's stock fell following a disappointing second-quarter report, with CEO Michael Rousseau expressing concern over the stock’s performance amid rising competition and high jet fuel costs.
Author: Ecem Efe (Ecem Efe)
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Siemens Energy Stock – Siemens Energy Shows Signs of Recovery After Gamesa’s Crisis: New Financial Forecasts Released
Siemens Energy is recovering from previous losses, with improved Q3 performance, a revised free cash flow forecast of 1.0-1.5 billion euros, and a significant reduction in losses at its subsidiary Gamesa, signaling a positive financial outlook for the year.
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Tesla Share Price – Tesla Stock Plunges 12% Amid Rising Japanese Yen and Market Volatility
Tesla's stock plummeted over 12% due to a global sell-off triggered by a sharp rise in the Japanese yen, as investors unwound profitable carry trades.
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Nvidia Stock Drops 15% from Peak: Is the AI Giant Losing Its Edge?
Nvidia's stock has dropped 15% from its peak market cap of $3.3 trillion amid increasing competition and uncertainties surrounding its upcoming earnings report.
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Stock Exchange – U.S. Stock Market Suffers Major Blow Amid Economic Uncertainty
U.S. stocks plummeted on Friday due to fears that high interest rates and weak economic data could lead to a recession, with significant declines in major indexes like the S&P 500, Dow, and Nasdaq.
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Stock Markets – Indian Stock Market Plunges Over 1% Amid Global Selloff
Stock Markets – Sensex and Nifty 50 Drop Over 1% on Weak Global Cues Stock Markets – The Indian stock market benchmarks, the Sensex and the Nifty 50, experienced a sharp decline of over 1 percent each on Friday, August 2, driven by an across-the-board selloff amid weak global cues. The Sensex opened at 81,158.99,...
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Rolls-Royce Stock – Rolls-Royce Shares Surge After Dividend Reinstatement and Profit Forecast Upgrade
In July 2024, Rolls-Royce shares soared over 11% to an all-time high after the company reinstated dividends and raised its 2024 profit forecast following a strong first-half performance.
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PayPal Stock – PayPal Beats Expectations with Strong Q2 2024 Results, Revenue Hits $7.89 Billion
PayPal's Q2 2024 earnings report revealed an 8% revenue increase to $7.89 billion and an adjusted EPS of $1.19, surpassing analyst expectations and highlighting robust payment volume growth despite a 22% decline in stock over the past year.
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VBL Share News – Varun Beverages Ltd Shares Plummet 6% Despite Strong Q2 Profit Growth
Varun Beverages Ltd's stock dropped 6% despite a 25.5% increase in profit and a 28.3% revenue boost for Q2, alongside announcements of a stock split and interim dividend.
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Nvidia Stock – Experts Warn of Risks in Nvidia’s Future Despite Historic Stock Surge
Nvidia’s stock has surged 28,000% over the past decade, but experts warn that future growth may be uncertain due to high valuation and risks associated with AI dependency.
