Tanking
Earlier this year, Donald Trump’s social media company was worth something like $9 billion.But that was then, and its stock has been sinking since: Now investors think Trump Media & Technology Group Corp — the company that runs Truth Social, Trump’s Twitter clone — is worth a mere $4 billion.…
LVMH is having Champagne problems. Chief financial officer Jean-Jacques Guiony thinks it could come from fewer celebrations for people to pop the bottle.The company sold 15% fewer Champagne bottles in the first half of the year, compared to the same period last year, per LVMH’s Tuesday earnings report. Meanwhile, still…
Americans are getting increasingly pessimistic about their chances of finding a new job if they lose their current one.In the New York Fed’s Survey of Consumer Expectations, a nationally representative survey of roughly 1,300 US households, respondents are asked to estimate the chance that, if they lost their job today,…
A look at the day ahead in U.S. and global markets from Mike DolanWorld markets have cheered up a bit this week, but ailing Tesla (NASDAQ:)’s tanking stock price faces a critical earnings test later on Tuesday and this month’s European business pulse proved surprisingly racy.Relief at cooling Middle East…
