“‘All across the country, Republican voters continue to tell me and other members of Congress and candidates that they don’t support Kevin McCarthy, because he’s not a true conservative, and Read more
Tag: sink
Samsung Electronics’ net profit slumps 24% as memory-chip prices sink
SEOUL — Samsung Electronics Co. saw profits slump as prices of memory chips, its main source of income, have plunged as the semiconductor industry goes through a downturn. The South Korean tech Read more
Invisalign maker sees more than $3 billion in market cap start to disappear after earnings, revenue sink
Align Technology Inc. shares dove more than 18% in after-hours trading Wednesday, after the maker of Invisalign teeth straighteners reported that profit fell more than 50% and sales declined more Read more
Labor market cooling? U.S. job openings sink to 13-month low and layoffs rise
The numbers: Job openings in the U.S. fell sharply in August to a 13-month low of 10.1 million, a sign the red-hot labor market might be cooling off a bit as Read more
Opinion: Reverse mortgages are mostly misunderstood — they can offer seniors a lifeline as markets sink
If they own stocks or bonds, they might not want to sell with both markets crashing simultaneously. Or they may be out of options altogether and their home is their Read more
CSX, Norfolk Southern stocks sink to near 2-year lows after UBS downgrades, citing a ‘deteriorating’ outlook
Shares of CSX Corp. and Norfolk Southern Corp. both sank toward the lowest levels in nearly two years Tuesday, after UBS analyst Thomas Wadewitz backed away from his long-time bullish Read more
APEs sink toward new low after AMC discloses deal for sale of up to $1.4 billion worth of shares
Shares of AMC Preferred Equity Units APE, +7.77%, known as “APEs,” dropped 7.8% toward a new low in morning trading Monday, after AMC Entertainment Holdings Inc. AMC, -5.62% disclosed a Read more
Oil prices sink over 3% on recession fears
Oil futures dropped sharply Friday morning as recession fears gripped financial markets, sinking equities and government bonds, while contributing to a further rise by the U.S. dollar. Price action West Read more
U.S. stock futures sink following Friday’s Wall Street rout
U.S. stock-index futures plunged Sunday, after Wall Street sank Friday following hawkish comments from Federal Reserve Chairman Jerome Powell that the fight against stubborn inflation would continue, and be painful. Read more
Treasury yields sink as Pelosi’s Taiwan visit stokes U.S.-China tensions
Treasury prices jumped Tuesday, knocking down yields, as rising U.S.-China tensions over House Speaker Nancy Pelosi’s planned visit to Taiwan sparked demand for safe assets. What yields are doing The Read more
- 1
- 2