Target has reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on apparel and other non-essential items
Ford is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of electric cars
Inflation in the U.K. has risen sharply to a six-month high in October, cementing market expectations that there will be no further cuts in borrowing rates this year
U.S. stocks drifted to a mixed finish, though the modest moves for indexes masked some thrashing underneath the surface
General Electric (NYSE:GE – Get Free Report) shares dropped 0.4% on Wednesday . The stock traded as low as $176.80 and last traded at $176.86. Approximately 662,634 shares traded hands during trading, a decline of 89% from the average daily volume of 6,189,852 shares. The stock had previously closed at $177.56.
The Home Depot, Inc. (NYSE:HD – Get Free Report) shares fell 1% on Wednesday . The company traded as low as $400.54 and last traded at $402.63. 592,078 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 3,368,591 shares. The stock had previously closed at $406.80.
Applied Digital Co. (NASDAQ:APLD – Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $7.75, but opened at $7.93. Applied Digital shares last traded at $8.77, with a volume of 3,500,361 shares trading hands.
Shares of Lumen Technologies, Inc. (NYSE:LUMN – Get Free Report) fell 8.2% on Tuesday . The stock traded as low as $7.42 and last traded at $7.46. 3,415,937 shares changed hands during trading, a decline of 83% from the average session volume of 19,824,916 shares. The stock had previously closed at $8.13.
The U.K. government has hit Iran with new sanctions for sending ballistic missiles and other weapons to Russia in support of the war against Ukraine
Canada’s point person for U
A Tale of Two Retailers: Target Reports Sluggish Spending While Walmart Has a Stellar Quarter
Ford, Facing Economic Headwinds and Weak EV Sales, to Cut 4,000 Jobs in Europe
Higher Energy Bills Push UK Inflation to 6-Month High in October
Wall Street Drifts as Target Tumbles
General Electric (NYSE:GE) Stock Price Down 0.4% – What’s Next?
Home Depot (NYSE:HD) Stock Price Down 1% – Here’s Why
Applied Digital (NASDAQ:APLD) Shares Gap Up – Here’s What Happened
Lumen Technologies (NYSE:LUMN) Shares Down 8.2% – Here’s Why
UK Hits Iran With New Sanctions for Supplying Missiles to Russia
Canada Shares U.S. Concerns About Mexican Trade With China as Possible Trade Talks Loom
