Drop Financial News
26.07 / 06:11
COST
UPS
Target
Reuters
Progressive
Drop
Costs
Deutsche Bank beats expectations despite 27% drop in profit, jump in costs
Deutsche Bank on Wednesday reported a net profit of 763 million euros ($842 million) for the second quarter of 2023, narrowly beating expectations despite a 27% year-on-year decline.
26.07 / 04:25
UPS
Drop
share price
Suzlon Energy share price continues to drop for second day, falls 5% on weak Q1 results
Suzlon Energy share price extended its fall into the second day, opening lower by 5% and hit a lower circuit. The Suzlon Energy shares have been weak since yesterday when it declared a sharp decline of 96 percent in consolidated net profit at ₹101 crore for the June quarter, compared to ₹2,433.33 crore in the corresponding period last year.
25.07 / 21:15
Provident
Digital
Amazon
Microsoft
Google
Strategy
Drop
ad
Google rebounds from unprecedented drop in ad revenue with a resurgence that pushes stock higher
Google snapped out of an unprecedented advertising slump during its latest quarter, signaling a return to growth cycle needed to fuel investments in artificial intelligence technology that expected to reshape the competitive landscape
25.07 / 08:43
Lowe's
SENSEX
Colgate-Palmolive
show
Drop
Colgate-Palmolive shares drop 0.1% as Sensex falls
Colgate-Palmolive (India) Ltd. traded 0.1 per cent down at Rs 1887.8 at 01:44PM (IST) on Tuesday, even as BSE benchmark Sensex dropped 106.37 points to 66278.41.
25.07 / 08:03
25.07 / 01:27
Action
Drop
Vedanta Resources' bonds decline on profit drop at India-listed arm
Vedanta Resources (VRL) bonds fell a couple of points as its India-listed conglomerate holding company Vedanta Limited (VDL) reported a 35% drop in operating profit (Ebitda) during the first quarter. VRL faces potential rating action by S&P Global in the absence of a credible refinancing plan by July end for $1 billion bonds.
24.07 / 10:48
markets
Federal Reserve
inflation
Bitcoin
Bitcoin Price
Drop
Mining Difficulty
week
Biggest mining difficulty drop of 2023? 5 things to know in Bitcoin this week
Bitcoin (BTC) enters the last full week of July on an uncertain footing as $30,000 becomes resistance.
24.07 / 07:15
24.07 / 05:57
24.07 / 04:25
22.07 / 06:21
McDonald's
Mobile
Subway
KFC
country
Drop
Some Subway India outlets drop tomatoes citing poor quality amid price surge
Subway India outlets have stopped serving tomatoes in their salads and sandwiches due to quality problems, the latest move by a foreign brand as prices of the staple have soared nearly 400% to record highs in the country. A Subway outlet at a Delhi airport terminal announced the «Temporary Unavailability of TOMATOES» in a sign saying the restaurant could not get enough supply that passed its quality checks. «Hence for the time being we are forced to serve you products without tomatoes,» it said.
21.07 / 20:13
markets
litecoin
Altcoin
Futures
Derivatives
Leverage
Drop
Litecoin price at risk of a 30% drop if key LTC futures historical trend repeats
With less than two weeks until Litecoin’s halving, when the miner’s block subsidy will be cut in half, traders are questioning whether the additional scarcity effect will be enough to sustain the LTC price above $90.
21.07 / 12:57
Facebook
Twitter
FIVE
Digital
Platform
Strategy
Instagram
Drop
Features
Threads User Engagement Continues to Drop, Adding Urgency for New Features
User engagement on Threads has continued to fall after an initial surge in sign-ups, putting pressure on parent Meta Platforms to roll out new features for its nascent microblogging app. For a second week in a row, the number of daily active users declined on Threads, falling to 13 million, down about 70% from a July 7 peak, according to estimates from market intelligence firm Sensor Tower. The average time users spend on the iOS and Android apps has also decreased to four minutes from 19 minutes.
21.07 / 02:05
UPS
Citi
Manufacturing
Drop
TSMC
fall
TSMC shares fall more than 3% after it flags full-year sales drop
TAIPEI (Reuters) — Shares of Taiwanese chipmaker TSMC slumped more than 3% on Friday after the world's largest contract chipmaker flagged a 10% drop in 2023 sales and said production due to start next year at its first plant in Arizona would be delayed.
20.07 / 22:21
Ethereum
ETH
cryptocurrency
BTC
Bitcoin
Bitcoin Price
Drop
network
BTC20 Emerges as Eco-Friendly Alternative Amidst 1Inch Network's Price Drop
After staging a rally that saw 1INCH reach a multi-month high of $0.5935 on July 17, it is now experiencing a drastic pullback to the current level of $0.3274, representing a 44.84% decrease from its recent peak. What's next for 1INCH and can it reestablish its bullish momentum?
20.07 / 19:05
Target
Booking
Ubisoft
Drop
Ubisoft Q1 net bookings drop on lack of new games releases
Ubisoft, maker of the blockbuster "Assassin's Creed" franchise, on Thursday posted a 8.7% decline in net bookings in its first quarter, blaming a lack of new games releases. «It is explained quite simply by the fact that we did not launch a game this trimester,» finance chief Frederick Duguet told journalists in a call, adding that Ubisoft had been focused on new versions of older games.
20.07 / 17:25
COST
UPS
Airlines
Drop
American Airlines
American Airlines rides travel boom to $1.3 billion profit in the second quarter as fuel prices drop
American Airlines reported a $1.3 billion profit for the second quarter, continuing the run of strong results from the nation's airlines
20.07 / 16:21
UPS
Drop
Union Bank
surges
Union Bank Q1 Results: PAT surges 107% to ₹3,236 crore on higher income, NII up 16%; provisions drop
Union Bank of India Q1 Results: Union Bank of India announced its April-June quarter results for fiscal 2023-24 (Q1FY24) on July 20, reporting a surge of 107 per cent in net profit to ₹3,236 crore on a standalone basis, compared to ₹1,558.5 crore in the corresponding period last year. The profit after tax has almost doubled in the June quarter driven by a higher core income and significantly lower provisions reported by the state-owned lender. The bank's net interest income - the difference between interest earned and interest expended, grew 16.6 per cent to ₹8,839.7 crore in the first quarter of current fiscal, compared to ₹7,581.7 crore in the year-ago period.
20.07 / 09:59
Extreme
country
Drop
India's oil & gas import bill contracts 33% y-o-y in April-June quarter as prices drop
India’s oil and gas import bill contracted by a third from a year earlier to $35 billion in the April-June quarter as prices sharply dropped, as per the oil ministry data. Crude oil worth $31.4 billion was imported during the April-June period, lower than $48.1 billion in the same period last year. The volume of oil imports marginally reduced to 60.1 million metric tonnes (mmt) in the first quarter from 60.7 mmt in the same period last year.
20.07 / 08:59
Lowe's
SENSEX
show
Drop
Shree Cements shares drop 2.24% as Sensex rises
Shree Cements Ltd. traded 2.24 per cent down at Rs 23489.0 at 02:13PM (IST) on Thursday, even as BSE benchmark Sensex gained 343.88 points to 67441.32. The stock had settled at Rs 24025.25 in the previous session.
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