by Elvis Guaman | Oct 22, 2024 | Investing News, Market News, Retail, Stock Market
Denny’s Corporation faced a significant setback on Tuesday, with its stock closing down 17% following the announcement that the iconic diner chain will close 150 restaurants over the next two years. The decision, revealed during an earnings call, reflects the...
by Suzeline Michel | Oct 11, 2024 | Automotive, Automotive, Cleantech, Investing News, Market News, Stock Market, Technology
Tesla, the electric vehicle (EV) maker known for its ambitious innovations, experienced a notable stock decline following the much-anticipated unveiling of its Cybercab robotaxi prototype. On Friday morning, shares were down approximately 8.6%, adding to a 6% dip...
by Bryant Lum | Aug 21, 2024 | Economics, Investing News, Market News, Market News, Retail, Stock Market, The Market Buzz
In a challenging turn for retail giant Macy’s, the company has reported another quarter of declining sales, revealing a troubling trend that continues to grip its financial performance. For the latest quarter, Macy’s reported sales of $4.9 billion, falling short of...