Tag Archives: stocks
DJT stock’s sudden crash wipes out $2.4 billion from Donald Trump’s wealth in just 3 days
Technology tamfitronics The recent collapse in shares of Trump Media and Technology Group, the parent company of Truth Social, has ravaged Donald Trump’s net worth.He owns the majority of its shares, which trade under the ticker DJT, and the stock has been a barometer of the former president’s prospects this election cycle. It soared as polls began tilting his way through most of October.On Tuesday, shares were so high that Trump Media’s market cap hit $10.8 billion, exceeding Elon Musk’s social media platform X, which has an estimated value of $9.4 billion.But the next day, DJT shares began selling off, with volatility so extreme that trading was halted several times. By the end of the session, the stock had tumbled 22%, marking the biggest single-day plunge since Trump Media went public in March.Shares fell 12% on...
FTSE 100 Dips As Defense Stocks Drag
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European Stocks Drop Most in Two Years as Global Rout Deepens
Technology tamfitronics European stocks dropped, sending a regional benchmark to the lowest since February, amid a deepening global retreat sparked by concerns of a US economic slowdown.Author of the article:Bloomberg NewsAllegra Catelli and Michael MsikaPublished Aug 05, 2024 • Last updated 12 minutes ago • 2 minute readu4p5y)e{7thief8{8)thng_media_dl_1.png Bloomberg(Bloomberg) — European stocks dropped, sending a regional benchmark to the lowest since February, amid a deepening global retreat sparked by concerns of a US economic slowdown.The Stoxx Europe 600 Index fell 2.2% by the close in London. The index pared some of its losses after data showed the US services sector expanded in July. All sectors declined, with utilities, real estate and energy shares sinking the most.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from...
Andhra Inc stocks lap up coalition dhan
Business new tamfitronics HYDERABAD: Market indices may have closed B-Day in the red, but stocks of several Andhra Pradesh-based companies as well as those linked with AP chief minister Nara Chandrababu Naidu rallied on the bourses after a slew of sops were announced for the state.Heritage Foodsfor instance - a dairy products company promoted by Naidu's family - hit the 5% upper circuit on Tuesday before closing at Rs 575.The company's market capitalisation stands at Rs 5,333 crore, up 35% from Rs 3,957 crore on June 3 - the day before Lok Sabha results were announced. The paneer player's market fortunes have seen a sharp revival since June 4, when Naidu emerged as one of the two kingmakers, along with JD(U)'s Nitish Kumar, in the coalition govt led by PM Modi.Tirupati-based Amara Raja Energy &...
