Intel Corporation faced its most challenging month in over twenty years, enduring a drastic drop in share value exceeding 30% throughout April. This downturn represents […]
Tag: Decline
Tesla to Cut Over 6,000 Jobs Worldwide Amidst Declining EV Sales and Profit Drop
Tesla is planning to lay off 693 employees at its Nevada facilities as part of a broader 10% reduction in its workforce, announced earlier this […]
Apple’s Market Share Declines in China Amidst Intense Smartphone Competition
In the first quarter of 2024, Apple experienced a decline in its market share in China, with its shipments dropping by 6.6%. Revenue from iPhone […]
Apple’s First Quarter Phone Sales in China Decline by 19.1%, While Huawei Experiences a 70% Increase
Counterpoint Research reports a 19% decline in Apple’s iPhone sales in China during the March quarter, marking its weakest performance since the Covid outbreak in […]
Stock Market Recap: Nasdaq 100’s Worst Day Since 2023, Netflix and Nvidia Plunge
The Nasdaq 100, represented by $QQQ, experienced a significant drop of -2.1%, marking its most substantial single-day decline since October 2023. Both the S&P 500 […]
Baird Anticipates Tesla’s Q2 Dip, Maintains $280 Target; Goldman Sachs Adjusts PT to $175
Baird analyst Ben Kallo, known for his bullish stance on Tesla $TSLA, predicts a potential decline in Q2 vehicle deliveries, estimating a 5% year-over-year decrease […]
Southwest Boeing 737-800 Incident: Engine Cover Detaches Mid-Flight, Forces Return Landing
During takeoff, a Southwest-operated Boeing 737-800 experienced an incident where its engine cover broke off and struck the plane’s wing. The flight, carrying 135 passengers […]
Apple’s iPhone Sales Plummet by 24% in China: Navigating Challenges in the World’s Second-Largest Economy
Apple’s iPhone sales in China witness a 24% decline in the first six weeks of 2024, causing a drop to the fourth position in the […]