We’ve seen this kind of meteoric rise before, so it’s our duty to tell Subaru to “just say no” to drugs. Let’s not have this end in heartbreak for all the fans. With that important announcement out of the way, it’s time to toss around some numbers — which, at Subaru of America, are quite positive. […]
Tag: tanking
Controversial YouTuber Logan Paul is tanking on views and new subscribers
Jordan Strauss/Invision/AP YouTuber Logan Paul is seeing a big slowdown in subscribers and views in the months after he controversially posted a video of a dead body in Japan’s so-called suicide forest. SocialBlade statistics examined by Business Insider show a 47% dropoff in views, and an 88% slowdown in subscribers between December and March. Paul […]
Global markets are tanking
An overnight global stock rout that extended into Asia has intensified in afternoon trade. Analysts say the risks of a stock bear market are increasing. Futures markets on the FTSE100 and the S&P500 are pointing sharply lower. The escalating US-China trade war which rattled global markets overnight has extended into Asian markets — and it’s […]
Bitcoin is tanking again and just slumped through $9,000
Wang He/Getty Images Bitcoin is continuing to slide in Asian trade after prices fell by another 6% overnight. A short time ago, prices had slumped below $ US9,000 — a fall of more than 20% from levels above $ US11,500 earlier this week.See the rest of the story at Business Insider NOW WATCH: Elon Musk […]
The stock market is tanking because inflation is coming back and changing all the rules
Reuters The stock market has been taking a historic pounding over the last few days. In part you can blame the fact that inflation, a force virtually unseen since the financial crisis, has reappeared on planet Earth. It is changing economic conditions, and making the world a riskier, more volatile place for Wall Street. If […]
Cryptocurrency markets are tanking after news of shutdown in South Korea
MI News of a bitcoin crackdown in South Korea sent the market for digital coins into a tailspin Thursday morning. Reuters reported a day earlier that South Korea has a bill in the works to shut crypto trading. Bitcoin, the largest cryptocurrency, was trading down more than 9% at last check. The market for […]
Mattel shares are tanking after its earnings but UBS still thinks its a buy (MAT)
Melia Robinson/Business Insider Mattel stock is getting crushed today down more than 12% following a major earnings miss. Mattel posted a loss of 32 cents a share almost double the 17 cents estimated by Wall Street analysts. Sales fell by 15.4 percent in the quarter ended March 31, to $ 735.6 million, missing estimates of $ 801.4 […]
GameStop shares are tanking after Microsoft unveils a new attack on the used game business (GME, MSFT)
Ethan Miller / Getty Images Today, Microsoft announced Xbox Game Pass — a Netflix-like service that will bring Xbox One gamers unlimited access to a selection of over 100 games, including hits like “Halo 5: Guardians,” for $ 9.99 per month, when it launches in the Spring. Following the announcement, shares in nationwide video game […]
China is back to work, and its markets are tanking
ChinaFotoPress/Getty Images Stocks in China are sinking, bonds are selling off, and commodity markets are getting hammered in Friday’s Asian trading session. With the Chinese financial industry returning to work today after the Lunar New Year holiday, the nation’s central bank, the People’s Bank of China (PBOC), adjusted some key lending rates in what appears […]
Ralph Lauren is tanking after its CEO abruptly resigns (RL)
Ralph Lauren is down almost 10% at $ 78.62 a share ahead of the opening bell after its CEO resigned on Tuesday. Reuters reports that Stefan Larsson, its chief executive for just over a year, will step down on May 1 after contention with chairman Ralph Lauren over the direction of the company. In other challenges, […]