plunge

BUSINESS

Samsung projects a 56% plunge in operating profit, blaming U.S. chip controls on China

Samsung Electronics said Tuesday it expected its second quarter operating profits to fall by more than half, blaming U.S. export…

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BUSINESS

Europeans continue to shun Tesla as April sales plunge

By Alessandro Parodi (Reuters) -Tesla’s sales plunged across Europe in April, including an 81% drop in Sweden to their lowest…

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MOST SHARED

As Tesla profits plunge, Musk says he’ll spend less time on DOGE : NPR

Elon Musk and U.S. Trade Representative Jamieson Greer listen during a cabinet meeting in White House on March 24,. Brendan…

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TECH

Global Payments shares plunge 15%+ and FIS shares jump 9%+ after Global Payments said it’s buying Worldpay from FIS and GTCR and selling Issuer Solutions to FIS (MacKenzie Sigalos/CNBC)

Featured Podcasts Techmeme Ride Home: Mooooaaar Models! The day’s tech news, every day at 5pm ET. Fifteen minutes and you’re…

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TECH

Trump’s Tariffs Hammer Big Tech as Apple, Meta, Amazon Shares Plunge

U.S. President Donald Trump announced on Tuesday a host of new tariffs that sent the stock prices of numerous tech…

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MOST SHARED

Asian markets plunge with Japan’s Nikkei diving nearly 8% after big Wall St. meltdown : NPR

Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), top left, and the foreign exchange…

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BUSINESS

‘Oh really? Oh s—.’ CEO reacts live to tariff-based stock plunge on earnings call

The CEO of RH was caught off guard by the impact of tariffs on his company’s stock. On an earnings…

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MOST SHARED

More homes are finally hitting the market this spring. Will buyers take the plunge? : NPR

A ‘For Sale’ sign is posted in front of a home for sale last month in Pasadena, Calif. Mario Tama/Getty…

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SCIENCE

Feel the burn with this amazing video of a Varda space capsule’s plunge through Earth’s atmosphere

A small space private capsule has captured stunning onboard scenes from its high-velocity atmospheric reentry. Varda Space’s W-2 mission came…

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BUSINESS

Tesla stock is still a sell after its 40% plunge, UBS warns

Leaning into the bear narrative on Tesla (TSLA). UBS analyst Joseph Spak reiterated his 12-month Sell rating on Tesla shares…

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