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Stellantis Stock - Stellantis Falls Short of Expectations with Decline in H1 Revenue and Operating Income
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Stellantis Stock – Stellantis Falls Short of Expectations with Decline in H1 Revenue and Operating Income

Stellantis reported a 40% drop in operating profit and negative free cash flow in the first half of 2024 due to operational issues, particularly in North America, and substantial outflows from the Grayscale Ethereum Trust, while analysts have mixed predictions for the company's future performance.

The Unforeseen Consequences of the Global IT Outage on Businesses
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Global IT Outages and Business Challenges

The Unforeseen Consequences of the Global IT Outages on Businesses A significant IT outage that is severely disrupting a wide range of services has affected businesses, banks, and airlines globally. The cybersecurity company Crowdstrike has been connected to the worldwide problem impacting the Windows operating system. The business acknowledged on Friday that a faulty software...