$26.34
-0.94 (-3.45%)
SLDE News30 articles
Oil Prices Slide Despite Sharp Drop in U.S. Distillate Inventories
Oil prices fell Wednesday despite a U.S. inventory report showing a sharp draw in distillate supplies. WTI dropped $2.19 to $93.90, while distillate stocks fell 3.6 million barrels.
Stocks Rebound as Oil Prices Slide; Manufacturing Costs Still Climb
U.S. stocks rebounded Monday as oil prices plunged, but a factory survey revealed widespread cost increases, casting doubt on the relief rally.
Semiconductor Selloff Sinks Nasdaq 2.1%; Weekly Tech Slide Deepens
Renewed semiconductor selling pushed the Nasdaq down 2.15% Friday, extending its weekly slide to 4.48%. The S&P 500 lost 1.09% as tech weakness outweighed energy gains.
Nintendo Shares Slide 1.2% on UBS Downgrade, Despite $4.5M Piracy Win
Nintendo shares fell 1.2% after UBS downgraded to Sell, even as a U.S. court awarded $4.5M in a piracy case. Digital sales momentum is the key test.
Oracle Shares Slide 4.4% on Project Jupiter Force Majeure Notice
Oracle shares fell 4.4% after a force majeure notice on Project Jupiter raised delay risks. With $288B in lease commitments and negative free cash flow, investors question execution.
AO World Shares Slide 4% as Jessops Deal Fails to Lift Profit Outlook
AO World shares fell 4% after acquiring Jessops but keeping full-year guidance unchanged. First-half pretax profit is expected to exceed £21.5 million.
Vistry Shares Slide 6.9% on £470M Reset, Profit Guidance Cut
Vistry shares dropped 6.9% after announcing a £470M restructuring and cutting 2026 profit guidance to £165M. No equity raise is expected.
Rightmove Shares Slide 4.1% as UK Housing Data Reveals Weak Demand
Rightmove shares closed 4.1% lower at 484.6p on Tuesday, erasing Monday's gain, as higher asking prices masked a 9% drop in buyer inquiries and a 12-year high in available homes.
Oil's 4% Slide Sends Occidental Shares Lower, Testing Debt Goals
Occidental shares fell 2.5% as WTI crude dropped 4% to $92.16, near Q2 average. Analysts see 17-43% upside, but debt reduction hinges on sustained cash flow.
Porsche Shares Slide as CEO Denies Additional Job Cuts
Porsche shares dropped 2% as CEO Leiters refuted reports of further job cuts, but Volkswagen's €6B impairment keeps profitability concerns alive.
New Hope's Dividend-Adjusted Slide Masks Deeper Analyst Concern
New Hope's 30-cent dividend explains most of Monday's 6.1% drop, but a 1.5% adjusted decline and a Bell Potter downgrade signal deeper valuation concerns.
Resolute Mining Shares Slide 8.3% on Syama Output Cut, Margin Squeeze
Resolute Mining shares dropped 8.3% to A$1.242 after cutting 2026 gold production guidance by 18.1% due to Syama operational issues. Higher costs and reduced output narrow the gold-price buffer.
Nine Shares Slide 3.8% Despite AFR Growth, Raising Investor Scrutiny
Nine Entertainment's shares dropped 3.8% on Friday to A$0.765, even as The Australian Financial Review posted high-single-digit growth. Publishing EBITDA fell 3%.
Grab Shares Slide 7.5% on $2.39B Cash Outlay for Atome and Buyback
Grab shares dropped 7.5% after announcing $2.39B in cash commitments for Atome and buybacks. Analysts stay bullish, but credit quality is a key risk.
MP Materials Slides 4.3% on Shenghe Takeover Speculation
MP Materials shares dropped 4.3% on reports of China Rare Earth's takeover talks with Shenghe Resources, which owns 3% of MP. The move highlights supply-chain security concerns.
Ford Shares Slide 2.9% as F-150 Recall Tests Quality Pledge
Ford stock dropped 2.9% on Friday as a new F-150 recall raised quality concerns. The automaker still guides to $10B-$11B in 2026 adjusted EBIT.
Nucor Stock Slides 6% on Q3 Forecast Shortfall
Nucor's Q3 earnings guidance midpoint of $5.60 fell 6.5% below consensus, sending shares down 6.3%. Analyst targets trimmed but Buy ratings persist.
Rocket Lab Slides 4.8% as Iridium Deal Faces Regulatory Hurdles
Rocket Lab shares dropped 4.8% Friday after a $1.94B capital raise, with Iridium deal still pending FCC review and shareholder vote.
James Hardie Shares Slide 8.9% Despite Higher Cash Target
James Hardie (JHX) shares dropped 8.9% after its investor day, even as management raised its FY2027 free cash flow target to $600 million. Market concerns over housing demand and AZEK integration persist.
Peso Slides as Fed Hike Trims Mexico Rate Edge
The Mexican peso weakened 0.4% against the dollar as the Fed's first 2026 hike cut Mexico's rate premium. USD/MXN rose to 17.2333. Banxico meets Sept. 24.
Netflix Shares Slide 4.7% as Wells Fargo Flags Content Strategy Risks
Netflix (NFLX) dropped 4.7% Friday after Wells Fargo downgraded the stock, citing weaker engagement and content trade-offs. The new $57 target implies 20.6% downside.
Hormuz Shipping Lull Spurs Brent Slide Below $99
Brent crude slipped below $99 as Hormuz ship crossings hit a low of four, yet the market's resilience suggests traders aren't pricing a total shutdown. Key signals to watch.
Aramco Cuts October Crude for European Refiners; Brent Slides
Saudi Aramco reportedly told two European refiners they will receive no October crude after a pipeline attack. Brent fell 4.9% to $99.71, reflecting market skepticism.
Remedy Shares Slide 4.7% as 'Control Resonant' Reviews Land
Remedy Entertainment shares fell 4.7% after early reviews for 'Control Resonant' arrived. The game's critical reception is positive but not unanimous, and investors await sales data.
onsemi's 2030 Targets Fail to Impress, Shares Slide 9%
onsemi's 2030 growth plan, featuring $3.5B free cash flow and 53% gross margins, was met with a 9% stock selloff as investors question execution.
ASX 200 Set to Slide 0.8% at Open After Fed Hikes Rates
Australian shares are poised to open lower after the Fed's rate hike rattled markets. Futures signal a 0.8% drop, erasing Wednesday's gains.
London Mansion Tax Looms as House Prices Slide 3.3%
London house prices dropped 3.3% in July, and four boroughs could supply £275M of the planned mansion tax. The levy, starting 2028, adds pressure on luxury market.
Stocks Slide as Treasury Yields Hit 5% and Oil Surges Ahead of Fed
U.S. stocks dropped Tuesday as the 10-year Treasury yield hit 5% and oil surged, tightening financial conditions ahead of the Fed's decision. The Dow fell 328 points.
Santander Wins PPI Appeal, Genworth Shares Slide 5.5%
Santander's successful appeal trims a £677M PPI award, sending Genworth shares down 5.5% as a potential $750M recovery fades.
Senate Rejects Crypto Market Clarity Act; Coinbase, Circle Slide
The Senate failed to advance the Digital Asset Market Clarity Act in a 49-50 vote, with crypto-linked stocks like Coinbase and Circle tumbling on the news.