Shareholders of BeautyHealth would probably like to forget the past six months even happened. The stock dropped 46.5% and now trades at $0.89. This may have investors wondering how to approach the situation.
Since April 2020, the S&P 500 has delivered a total return of 92.8%. But one standout stock has nearly doubled the market - over the past five years, Pilgrim's Pride has surged 177% to $55.20 per share. Its momentum hasn’t stopped as it’s also gained 20.4% in the last six months, beating the S&P by 27.3%.
What a brutal six months it’s been for Regal Rexnord. The stock has dropped 38.4% and now trades at $103.43, rattling many shareholders. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Intel is slated to report quarterly earnings after markets close on Thursday in its first report since CEO Lip-Bu Tan took the helm of the beleaguered chipmaker. Traders expect the stock to move notably a day later.
Eurozone economy stagnates in April as trade tensions drag services sector into contraction. PMI data show Germany's resilience in manufacturing, while France's downturn deepens. Easing inflation pressures may support ECB rate cutsView on euronews
(Bloomberg) -- Chinese investors sold a near-record amount of Hong Kong stocks on Wednesday, reducing holdings after hopes of easing in trade tension spurred a relief rally. Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusThe Racial Wealth Gap Is Not Just About MoneyBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisA Car Guy Makes a Left TurnThey offloaded shares worth HK$18.1 bill
Bitcoin and ether saw notable price gains Tuesday as U.S. officials raised hopes for a U.S.-China trade deal.
Bitcoin surpasses Google in market cap as crypto breaks out against tech and key benchmarks.
“Bitcoin is continuing to show signs of its own decoupling away from equity markets,” one watcher said.
BEIJING/HONG KONG (Reuters) -Chinese authorities have asked e-commerce platform operators to stop insisting on merchants refunding customers without requiring the return of goods, to alleviate financial pressure on merchants, two people familiar with the matter said. The government met operators including PDD Holdings and concluded the practice must end by July, from which point only merchants will be able to initiate a refund, the people said, without specifying dates. The aim is to prevent merchants' situation becoming tenuous during times of economic slowdown, said one of the people, who declined to be identified because the information is not public.
