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**Stock** Drop Alert: Palantir PLTR Plunges 12% After Disappointing Revenue Forecast!

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New York City, NY – Palantir stock experienced a significant drop of more than 12% after the release of its latest quarterly earnings report. Investors were left unimpressed by the company’s annual revenue forecast, which fell short of expectations. Palantir projected full-year revenue to be in the range of $2.68 billion to $2.69 billion, aligning closely with analysts’ estimates. However, despite a recent 15% surge in share prices, this guidance failed to sustain the stock’s …

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Profit Plummets: Volkswagen’s Shocking 20% Drop in Q1 Operating Profit Sparks Concerns in Auto Industry

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Munich, Germany – Volkswagen, a leading German carmaker, reported a 20% decrease in operating profit for the first quarter due to a decline in sales of its premium brands. The company stated that operating profit amounted to 4.6 billion euros ($4.9 billion) in the initial three months of 2024, attributing the decrease to lower sales and increased fixed costs. The automotive industry has been facing challenges with shifting consumer demands and market conditions affecting companies …

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Oil Giants Exxon and Chevron Shares Drop Despite Strong Production Growth: Learn Why!

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Houston, Texas – Two major oil companies, Exxon Mobil Corp. and Chevron Corp., recently reported underwhelming first-quarter performances despite significant production gains in key oil projects in Guyana and the Permian Basin. Exxon’s stock dropped by as much as 3.5% while Chevron’s fell by 0.7% on Friday, even as crude oil prices increased. Exxon’s adjusted per-share profit fell short by 13 cents due to higher costs related to refinery maintenance and various accounting charges. On …

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Taylor Swift Fans Flock to ‘The Black Dog’ London Pub After Surprise Album Drop

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London, England – The buzzing city of London is home to an unexpected hotspot – The Black Dog, a local pub in Vauxhall that has recently been thrust into the spotlight thanks to musician Taylor Swift. The quaint residential area in south London is now abuzz with excitement as Swift fans flock to this cozy pub, intrigued by the lyrics of Swift’s latest song, “The Black Dog.” Swift’s latest album, “The Tortured Poets Department,” has …

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China Sees 19% Drop in iPhone Sales: Apple Falls to Third Place In Market

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Shanghai, China – Apple Inc. experienced a 19% decline in iPhone sales in China during the March quarter, as reported by an independent research firm. This marks the gadget’s weakest performance in the country since the onset of the Covid-19 pandemic in 2020. During this period, Apple fell to the third position in the fiercely competitive market, closely trailing fast-growing competitor Huawei Technologies Co., according to estimates from Counterpoint Research. Despite the overall market expanding …

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**Mortgage Rates Soaring! Will They Drop Soon? Experts Say September Breakthrough**

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Orlando, FL – Homebuyers in Orlando, Florida are facing elevated mortgage rates currently, with the expectation that they will remain high until inflation slows down and the Federal Reserve decides to lower the federal funds rate. Many experts initially anticipated a rate cut to occur this spring or summer, but forecasts now project that any potential rate decrease might not happen until later this year, possibly in September. It is likely that the Fed might …

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**Tesla Model Y Price Drop Sparks Surge in Demand — Get Yours Now Before Prices Rise Once Again!**

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Atlanta, Georgia – The Tesla Model Y has seen a significant price drop making it even more affordable for consumers. With the base price now starting at $42,990, or $35,490 after the full $7,500 US EV tax credit, the Model Y is becoming a more enticing option for those in the market for a new vehicle. For those looking for more range and quicker acceleration, the Model Y Long Range option is now available for …

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Safety Concerns Raised by Boeing Engineer: 787 Dreamliner Could “Drop to the Ground” Unless Flaws Addressed

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A Seattle Boeing engineer-turned-whistleblower raised serious concerns about the structural integrity of the 787 Dreamliner, claiming that assembly flaws could potentially lead to catastrophic midflight failures. Boeing has staunchly defended the safety of the aircraft, asserting full confidence in the 787 Dreamliner despite the whistleblower’s alarming allegations. In an exclusive interview with “NBC Nightly News,” Boeing quality engineer Sam Salehpour highlighted tiny nonconforming gaps in fuselages of multiple planes, emphasizing the potential safety hazards posed …

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Mortgage Rates Cause Sharp Drop in New Home Construction – What Investors Need to Know

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Austin, Texas – New residential construction in the state of Texas has seen a significant decline, with both single-family and multifamily homes experiencing a sharp decrease. This drop has been attributed to rising mortgage rates, which have weakened housing activity across the state. According to recent data released by the Census Bureau on Tuesday, housing starts in Texas fell by 14.7% month over month in March. This decline caused the annualized pace of new constructions …

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Mortgage Rates Crush New Home Construction: Largest Drop in 4 Years Spurs Investor Concerns

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New York, NY – Residential construction in New York saw a significant decline, with both single-family and multifamily homes experiencing a substantial drop. This decrease is the largest seen in four years and is attributed to rising mortgage rates affecting housing activity. According to data released by the Census Bureau on Tuesday, housing starts fell 14.7% month-over-month in March, plummeting from a pace of 1.55 million units annually to 1.32 million units annually. Specifically, single-family …

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