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FedEx Stock Tumbles After Delivering Terrible Earnings News

Text size FedEx disappointed investors Thursday with a surprise shortfall. Benoît Doppagne/BELGA/AFP via Getty Images fedex shares fell after the company doubly disappointed investors on Thursday announcing weak quarterly results earlier than expected while withdrawing its financial guidance for the full year. The stock fell more than 12% in after-hours trading after fedex (ticker: FDX) …

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GigaCloud Stock Tumbles, Joining Meme Old-Timers AMC and GameStop in the Red

Text size The time of dreams GigaCloud technology fell on Monday, restoring early morning gains after retail traders changed their view on the stock. The Hong Kong-based B2B platform completed its Nasdaq IPO on Thursday, with the stock opening at $19.20, 56.7% above the IPO price of $12.25. . The next day, GigaCloud (ticker: GCT …

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Why Is Bitcoin Down? The Selloff Hit Crypto Stocks Coinbase and Marathon, Too.

Text size Bitcoin fell below $22,000 on Friday. The time of dreams Bitcoin fell below $22,000 on Friday, after global equities fell amid uncertainty over the Federal Reserve’s aggressiveness in its efforts to quell inflation with interest rate hikes. Bitcoin, the world’s largest cryptocurrency, was down 8.4% to $21,498 in the past 24 hours, according …

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