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Analyzed News: slumped

Coronavirus spreading graph comparison between countries

Articles in topic slumped

Opinion: Investors are feeling too giddy about the economy

The pandemic continues to call the shots for the economy. Each wave of the virus has done significant damage, with Omicron now hitting the economy hard. December retail sales slumped as households pulled back on spending, including travel, dining out at restaurants and attending Broadway shows. The airlines continue to struggle with flight cancellations as pilots and other personnel get sick. Unemployment insurance claims are on the rise again, as small businesses, unable to stay open, reduce staff.

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Tesla's stock will rise 350% by 2025, analyst predicts

Tesla shares have slumped in recent weeks, losing 26% of their value between a record high in late January and its closing price Friday. But at least one analyst sees better times ahead — much, much better.

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Luckin Coffee shares crash on delisting risk

Shares in Luckin Coffee Inc slumped almost 40% to a record low in premarket trade on Wednesday, as they resumed trading after more than a month's halt and a day after the Chinese coffee chain said it received a delisting notice from Nasdaq .

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EMERGING MARKETS-Deeper rate cut pushes Brazil's real to new low; broader Latam rises

Brazil's real slumped more than 2% to new lows on Thursday after the country's central bank made a bigger-than-expected cut to its key rate, while most other Latin American currencies made healthy gains against the dollar. Although Asian shares took little solace from a bumper surprise move up in China's April exports, other markets including commodities, cheered the data on hopes the world's second-largest economy may be able to recover sooner than

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