Tag: shares tumble
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Reddit, Pinterest shares tumble on weak user and revenue growth
Oct 30 : Shares of Reddit and Pinterest fell in premarket trading on Friday, after Reddit warned that Google’s AI search features could shrink its user base, and Pinterest forecast weak fourth-quarter revenue.Reddit shares tumbled 23 per cent, while Pinterest slumped 8 per cent. Here are more details:
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Asian shares tumble, oil rises as markets await AI sector results
TOKYO, Oct 20 : Asian stocks retreated broadly on Tuesday while oil rose as geopolitical risks rattled sentiment ahead of key results from AI bellwether companies. The dollar held firm against the euro as riots in France fuelled demand for safe-haven assets. Crude prices resumed their climb as markets weighe
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WiseTech shares tumble on news reports police are investigating founder White
June 22 : Shares of WiseTech Global fell 14 per cent on Monday on widespread media reports that the Australian Federal Police were investigating its executive chairman, Richard White, over claims he exploited a woman’s immigration status for sex and provided false information on a visa application.Reuters cou
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SpaceX shares tumble as post-IPO frenzy loses steam
June 18 : Shares of Elon Musk’s rockets-to-AI firm SpaceX dropped nearly 9 per cent on Thursday, as the post-IPO frenzy that briefly placed it among the top five most valuable companies of the world appeared to fizzle out. Its shares were last down 8.8 per cent to $174.8, after falling nearly 5 per cent…
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