The company went public on the Nasdaq in March, and the price has been volatile since then, with a loss of 36% of its value in the last month. After the latest fall, it’s now at its lowest point since the public launch. DJT is the company that operates the social media platform called Truth…
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A global drop in sales of 1% was recorded in the second quarter of 2024 compared to 2023’s numbers. Analysts had expected a 0.5% increase. Revenue grew by 1% overall in the quarter. Net profit dropped to $2.02bn, which is a fall of 12%. Meanwhile, its earnings per share declined by 6% to $2.97. Chief…
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Despite being a global top 10 most expensive stock on the S&P 500, TSLA sunk 1.6% lower in the US premarket trading this morning in New York after falling 8.4% yesterday afternoon. It broke its 11-day upward streak after announcing the postponement of its robotaxi project to October to allow teams to build additional prototypes.…
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The company’s statement detailed how low fuel revenues coupled with increased maintenance costs will negatively affect its Q2 2024 financial performance. According to a Bloomberg report, BP is planning to downscale its refinery operations in Germany because of high expenses and a drop in demand for conventional fuel. The Telegraph reported that BP’s reduction of…
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