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U.S. Steel Corporation (X) released its second-quarter earnings on August 1 after the market closed. The major steel producer had some impressive results, but surprisingly shares are significantly ...
It's understandable why the stock is falling if the company expects revenue and adjusted EBITDA to fall next year. While Sirius XM does enjoy some advantages, including its monopoly on satellite ...
The news was anticipated after Nvidia split its stock in June, but it nonetheless marks the end of an era for Intel, which has been part of the Dow for 25 years. As of 11:16 a.m. ET, shares of ...
On September 13, 2022, the S&P 500 declined by 4.32% in its largest single-day drop since June 2020. [15] [16] The S&P 500 had the worst results since 2008, with a decline of 19% for the year. [17] The Nasdaq Composite fell 33%. [18] However, the indices reached many record highs in 2024. [19]
An intraday percentage drop is defined as the difference between the previous trading session's closing price and the intraday low of the following trading session. The closing percentage change denotes the ultimate percentage change recorded after the corresponding trading session's close.
The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
With Tesla already trading at a market cap of $1.5 trillion and a P/E ratio of 200, the stock seems more likely to underperform than not next year, despite the current investor enthusiasm.
The U.S. stock market has been a whirlwind since February when we started a correction. This quickly subsided to a flurry of headlines about global tariff wars. Since the steel industry was in the ...