Tag Archives: rough

Tesla stock tumbles another 5%, capping off rough week for investors

Tesla stock tumbles another 5%, capping off rough week for investors

The pain for Tesla investors is unending as a rough week comes to a close. Tesla shares slipped another 4% today, dropping to multi-year lows and giving the stock a nearly 16% drop for the week, as of midday trading. Tesla investors have been blaming CEO Elon Musk for the near term weakness in the stock, with Twitter the main source of the criticisms. Long-term shareholders see him as distracted from running Tesla and abandoning the company during a critical period, and bringing downward… Source link

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Biden began 2022 in rough shape. He’s ending it with a series of wins.

Biden began 2022 in rough shape. He’s ending it with a series of wins.

Photo illustration: Jack Forbes; photos: Kevin Dietsch/Getty Images, Al Drago/Bloomberg via Getty Images (2) WASHINGTON — On the eve of his one-year anniversary in the Oval Office, President Biden held his first press conference. It was mid-January, and the mood in Washington was dour. A new variant of the coronavirus called Omicron was sweeping across the country, closing schools and disrupting plans. Russia was moving troops toward its border with Ukraine. “I know there’s a lot of… Source link

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Cathie Wood’s flagship Ark ETF off to a rough start to 2022 — down 45% from its peak

With every new year comes a clean slate. For Cathie Wood’s Ark Invest, that doesn’t seem to be the case. The firm’s beaten-down Ark Innovation Fund (ARKK) has hit a new low in 2022 — already. After shedding 7% in Wednesday’s sell-off, the fund is down 9% this week so far and 45% from its peak in February 2021, with the decline marking its worst drawdown since inception in 2014. A rout in growth-oriented stocks that has battered ARKK was made worse on Wednesday as investors mulled the… Source link

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Trump, Lucid, Better and Buzzfeed round out a rough week for SPACs: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, December 8, 2021 Blank-check companies have matured, but still look like the ‘Wild West’ It’s been a rough week for special purpose acquisition companies, the funding vehicles better known as a SPAC. Once upon a time referred to as “blank-check” companies, SPACs are firms that go public with the express purpose of raising capital to… Source link

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‘We have a rough road in front of us’

Companies big and small that rely on semiconductors as the lifeblood of their business may not want to hear Intel CEO Pat Gelsinger’s guidance for when the chip crisis will end. But, it’s one of the most honest assessments yet of the current mess that is slowing production of everything from Whoop fitness straps to pickup trucks from General Motors and Ford to electric autos out of Tesla. “With or without the CHIPS Act, we think we still have some rough road in front of us. And I’ve said we… Source link

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Amazon’s Rough Week

Amazon is having a rough ride this week. Alongside second-quarter results that fell short of expectations and triggered a plunge in shares, the company disclosed that Europe just levied a gobsmacking 746 million euro fine, or roughly $887 million, in its earnings filings with the Securities and Exchange Commission. More from WWD The record-breaking penalty, first unearthed by Bloomberg on Friday, was imposed by the Luxembourg National Commission for Data Protection, the top privacy regulator… Source link

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Evan Fournier makes NBA history with rough Celtics debut

The Telegraph ‘It needs to be penalised’: Scourge of slow play clouds golf again As thousands of golfers returned to courses across England on Monday, a familiar row erupted amid the fallout to Sunday’s painfully slow WGC Dell Match Play conclusion. In the third consecutive all-American final, Billy Horschel recovered from an early deficit to beat Scottie Scheffler 2&1 at Austin Country Club and secure first prize of £1.3 million. Horschel had earlier beaten France’s Victor Perez 3&2 in the… Source link

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Titans trade OL Isaiah Wilson to Dolphins after rough season

Isaiah Wilson wanted out of Tennessee and he got his wish. The Tennessee Titans reached a deal to send Wilson to the Miami Dolphins on Monday night, according to the NFL Network’s Ian Rapoport. The two teams swapped a pair of future draft picks in the deal, too. Sources: The #Dolphins traded for #Titans 1st round OT Isaiah Wilson, with a swap of picks completing the deal. A fresh start for Wilson. — Ian Rapoport (@RapSheet) March 9, 2021 Wilson tweeted he was ‘done’ with Titans Wilson’s… Source link

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Tom Brady takes joy in Patrick Mahomes’ rough day

The Telegraph No tomatoes, 6 litres of water, and bed at 8.30pm – inside Tom Brady’s midlife health regime Whether you’re a die-hard NFL fan who stayed up until dawn to watch the Super Bowl, or – like the What We Do In The Shadows characters – you thought everyone was talking about a particularly superb owl, there is one thing on which everyone can agree: Tom Brady, winning another title at 43 years old, is impressive. And a little depressing for the rest of us. Brady, the Tampa Bay… Source link

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