stock drop

5 months ago

Adobe Shares Fall 13% Despite Strong Earnings

Adobe shares dropped 13% on Thursday as investors reacted to lingering concerns over growth and the company’s artificial intelligence monetization strategy. Strong Earnings, Investor Concerns The sell-off followed better-than-expected quarterly results, with

hertz-stock-drops-after-q1-loss-and-$250-million-offering

Business

3 months ago

Hertz Stock Drops After Q1 Loss and $250 Million Offering

Hertz’s Disappointing Q1 Results Lead to Significant Stock Drop Shares of Hertz Global plunged by nearly 17% on Tuesday morning following a disappointing first-quarter earnings report and the announcement of a $250

intel-shares-plunge-after-foundry-strategy-shakeup

Business

3 weeks ago

Intel Shares Plunge After Foundry Strategy Shakeup

Strong Earnings Overshadowed by Manufacturing Uncertainty Intel’s stock tumbled more than 8% on Friday, despite better-than-expected second-quarter earnings. The sharp decline came as investors reacted to the company’s plan to slash foundry