Category : Search result: stock market plunge


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.

UK House Prices Hit Record High of £375,131

New data reveals UK average house prices have soared to a record £375,131, with dramatic regional variations. Discover the hotspots and areas with the biggest growth in our comprehensive 2025 property market analysis.

Flight Horror: Plane Plummets 4,400ft, Injuring Dozens

A LATAM Airlines Boeing 787 Dreamliner en route to New Zealand experienced a sudden, catastrophic mid-air plunge, dropping 4,400ft and injuring dozens. Shocking details emerge from the terrifying transatlantic incident.

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.

NZ House Price Crash: Could It Happen in the UK?

New Zealand's house prices are in a dramatic freefall, dropping over 15% from their peak. We analyse the global economic forces behind the crash and what it means for property markets worldwide, including the UK.

Nvidia's Market Surge Sends Asian Shares on Mixed Journey

Nvidia's staggering market surge, briefly surpassing Microsoft as the world's most valuable company, triggers a mixed reaction across Asian markets. Discover how the tech titan's performance is reshaping global investment landscapes.

Nvidia Smashes Q2 Forecasts as AI Demand Soars

Nvidia's second-quarter earnings have shattered expectations, with data centre revenue soaring by 156% to £20.7bn. The chipmaker's staggering performance underscores its unrivalled dominance in powering the global artificial intelligence revolution.

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

Trump's 'Woke' Rebrand Claim Sends Cracker Barrel Stock Reeling

Former US President Donald Trump ignites a political firestorm after suggesting Cracker Barrel is rebranding to 'Cracker Barrel' to be 'woke'. The Southern US restaurant chain and its investors are left reeling from the market fallout and public outcry.

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.

Evergrande Collapse: China Property Giant Liquidated

Chinese property behemoth Evergrande faces compulsory liquidation and Hong Kong stock market delisting after failing to deliver a viable restructuring plan, sending shockwaves through global markets.

Powell's Rate Warning Triggers Wall Street Rout, Nvidia Tumbles

Federal Reserve Chair Jerome Powell tempers 2024 rate cut expectations, triggering a Wall Street sell-off. The tech-heavy Nasdaq plummets, led by a sharp decline in AI giant Nvidia, while the political sphere reacts to Donald Trump's primary victories.

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.

Soho House Goes Private in Major $1.1bn Deal

Exclusive members' club Soho House has de-listed from the stock market in a major shift. Discover the implications for its global membership and the future of private hospitality.

Trump Conviction Triggers Palm Beach Billionaire Exodus

Palm Beach's luxury property market faces unprecedented upheaval as billionaire residents, including prominent Trump allies, list mansions and flee following the former president's legal convictions. Exclusive analysis reveals a market in crisis.

Foreclosure Crisis Devastates US Tourist Hotspots

A surge in foreclosures is devastating popular tourist destinations in Nevada and Florida, with soaring property taxes and insurance premiums forcing locals out of their homes. Exclusive analysis reveals the human cost of the post-pandemic property boom.

US jobless claims hit 231,000, highest since August

New data shows a significant jump in US unemployment benefit applications, signalling a potential cooling of the labour market. However, the overall pace of layoffs remains subdued, pointing to a resilient economy.

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