Category : Search result: shares drop


Elon Musk Loses $56bn as Tesla Stock Tumbles

Tesla's stock market crisis has triggered a staggering $56 billion collapse in Elon Musk's net worth, marking one of the most dramatic wealth destructions in corporate history and raising serious questions about the electric car giant's future.

Zuckerberg Sues Facebook Co-Founder in Legal Battle

Meta CEO Mark Zuckerberg files a bombshell lawsuit against fellow Facebook co-founder Eduardo Saverin, alleging a clandestine scheme to sell his stake in a secretive holding company. The high-stakes legal drama unfolds in Delaware's Chancery Court.

Justin Bieber Surprises Fans With Midnight Album 'SWAG II'

Justin Bieber sends his devoted fanbase, the Beliebers, into a frenzy with the surprise midnight release of his new album 'SWAG II'. The pop sensation announced the unexpected drop on his Instagram, confirming the project is a sequel to his 2018 EP 'SWAG'

Arctic Blast To Bring Snow & Freeze To UK This Week

Brits are set for a dramatic temperature plunge as a bitter Arctic front is forecast to sweep across the country, bringing wintry hazards and a hard frost just days after unseasonable warmth. Get the full forecast and regional breakdown.

NFL Unveils Major Rule Changes For New Season

The NFL has announced a series of groundbreaking rule changes for the new season, including a radical new kick-off format and expanded replay challenges for coaches. Discover how these updates will transform the game.

Howard Stern's Shocking Listener Loss Revealed

A former Howard Stern staffer makes a bombshell claim that the radio icon has lost 'millions' of loyal listeners. As his new season launches, we investigate the shocking decline and the internal concerns plaguing the once-unbeatable show.

Revolut valuation hits £75bn, staff set for huge payout

British fintech giant Revolut secures a staggering £75 billion valuation in its latest funding round, setting the stage for a multi-million pound windfall for its 10,000+ employees through a new share scheme.

Trump's Tariff Talk Tanks Global Markets

Global financial markets reel as former President Donald Trump floats aggressive 60% tariffs on Chinese goods, sparking fears of a renewed trade war and economic instability.

UK Bank Shares Plunge on Budget Windfall Tax Reports

UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto

FTSE 100 Reshuffle: Aviva, Anglo American Out, Auto Trader In

The London Stock Exchange's premier index, the FTSE 100, is poised for a significant quarterly reshuffle. Insurance giant Aviva and mining titan Anglo American are set to be demoted, while online car marketplace Auto Trader is on track for promotion, refl

Cracker Barrel axes new logo after backlash, shares surge

In a dramatic reversal, US restaurant chain Cracker Barrel abandons its controversial logo redesign mere hours after launch. The swift backtrack follows a ferocious investor and customer backlash, triggering a remarkable surge in the company's share price

FTSE 100: Rolls-Royce Soars, Mining Stocks Slump

London's FTSE 100 experienced a dramatic session with Rolls-Royce and Ocado leading gains, while mining stocks faced sharp declines. Get the full market analysis and closing figures.

Cracker Barrel's 'Woke' Rebrand Sparks Fury and Sales Crash

Iconic US restaurant chain Cracker Barrel faces a fierce customer backlash and plummeting sales after a drastic 'woke' rebrand alienates its conservative core base. The brand's attempt to modernise its values has been met with accusations of betrayal and

JD Sports Shares Crash 20% After Nike Warning

JD Sports Fashion faced a severe market sell-off, with shares crashing over 20%, after its key supplier Nike issued a stark warning about slowing sales and a new cost-cutting plan, sending shockwaves through the London retail sector.

Asia Shares Fall as Powell's Jackson Hole Speech Looms

Asian shares and European futures fall sharply as investors await Fed Chair Jerome Powell's key Jackson Hole speech. Markets brace for hawkish tones on US interest rates, with the FTSE 100 set for a lower open. Live updates on global market reaction and a

Crypto ISA Warning: Risk to Your Tax-Free Savings

Exclusive: A stark warning has been issued to UK investors hoping to hold cryptocurrencies like Bitcoin in a tax-free ISA. Experts reveal the one major pitfall that could see savers lose their valuable allowance and face a hefty tax bill.

London House Prices Plummet in First Annual Drop Since 2012

Exclusive analysis of the latest ONS figures reveals a significant shift in the UK property market, with London leading a national downturn. Discover which regions are hardest hit and what it means for homeowners and buyers.

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