Plummet

Stock Market Today: Nasdaq Sinks 2% as Stocks Plummet – Live Updates on Fed Rate Decision

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New York, NY – As the financial world awaits the Federal Reserve’s decision on interest rates, the stock market is taking a hit today. S&P 500 futures are on the decline, reflecting the apprehension on Wall Street. The uncertainty surrounding the Fed’s rate decision is causing investors to brace for potential changes in the market. In a surprising turn of events, the Nasdaq has dropped by 2%, marking a significant decrease in stock prices. The …

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**Vaping Women Beware: Fertility Hormone Levels Plummet in Study Showing How E-Cigs Impact Chances of Getting Pregnant**

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London, UK – A recent study has uncovered a concerning link between vaping and fertility, urging women to reconsider their habit if they are trying to conceive. Research conducted on a large population of 8,340 women revealed that both vapers and tobacco smokers exhibit lower levels of anti-Müllerian hormone (AMH), a key indicator of female fertility. The study, based on anonymized data from 325,000 women primarily in their 20s and 30s, sheds light on the …

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AI Investment Causes Meta Shares to Plummet by 15% – What Happened?

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New York, NY – Shares of Meta, the parent company of popular social media platforms Facebook, WhatsApp, and Instagram, took a significant hit after the company revealed plans for increased spending on artificial intelligence (AI). Despite reporting strong earnings, the stock plummeted by more than 15% in after-hours trading in New York. CEO Mark Zuckerberg acknowledged that the substantial investment in AI may take some time to translate into increased revenues for the tech giant. …

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Tesla’s Profits Plummet: What’s Next for the Electric Car Giant?

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FREMONT, CALIFORNIA – Tesla, the electric car maker, experienced a 55% decline in profits in the first quarter of this year compared to the same period last year. This decline was attributed to a prolonged strategy of cutting electric vehicle prices and facing unexpected challenges. Despite these setbacks, Tesla reported a revenue of $21.3 billion in the first quarter, which was a 9% decrease from the previous year. Analysts had predicted earnings of $0.51 per …

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Gold Prices Plummet as Tensions Ease in Middle East and Fed Signals Higher Rates – What’s Next for Investors?

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New York City, US – Following its sharpest decline in almost two years, the price of gold continued to fall amidst easing tensions in the Middle East and indications that the Federal Reserve intends to maintain higher interest rates for a longer period, leading to reduced demand for the precious metal. Gold prices approached $2,300 per ounce after dropping by 2.7% on Monday. Concerns about a potential escalation in the conflict between Israel and Iran …

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**Tech** Big Tech Stocks Plummet as Q1 Earnings Approach – What Investors Need to Know

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New York, NY – As the first quarter of 2024 comes to a close, the tech industry is bracing for the impact of Q1 earnings reports. Companies like Nvidia are facing challenges, with their stock taking a hit amid market volatility. Tech giants are gearing up to announce their earnings, with investors closely watching the outcome after a recent downturn in the market. The performance of Big Tech companies like Facebook, Apple, Amazon, and Google …

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iPhone Shipments Plummet 10% in China Despite Smartphone Industry Rebound – What’s Next for Apple?

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Cupertino, California – Apple Inc.’s iPhone shipments saw a significant 10% decline in the March quarter, falling below analyst expectations, particularly in China where sales have been struggling. Despite a wider rebound in the smartphone industry, Apple shipped 50.1 million iPhones in the first three months, missing the estimated 51.7 million units for the period. The company has been facing challenges in maintaining sales in China due to increased competition from local brands like Huawei, …

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Imports and Exports Plummet in China, Shocking Forecasters – Full Coverage available on Absolute News

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Beijing, China – China’s latest trade data shows a significant decrease in both exports and imports for the month of March, falling short of analysts’ expectations by a considerable margin. This decline in trade activity is attributed to various factors affecting the global economy, impacting China’s position as a key player in international trade. The data released by Chinese authorities indicates a noticeable drop in exports, marking the lowest level since 2020. Similarly, imports into …

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**Chinese Trade Hit Hard as Exports Plummet: What’s Next for Beijing’s Economy?**

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Beijing, China – China’s economy faces challenges as its exports dropped sharply in March due to lower prices for Chinese goods impacting producers in the world’s second-largest economy. The value of China’s exports decreased by 7.5% in March compared to a year earlier, contrary to analysts’ forecasts of a 2.3% contraction. Import value also fell by 1.9% compared to expectations of a 1.4% increase. The decline in export value comes amidst soaring volumes, highlighting the …

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Market Turmoil: Asian Shares Plummet as U.S. Rate Scare Sends Yen to 34-Year Low

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Stocks in Tokyo, Japan plummeted today following concerns over a potential rise in U.S. interest rates, causing the yen to hit a 34-year low. This comes amid a backdrop of uncertainty in the global financial markets, with fears of inflation and economic instability looming large. The Asian market’s downward trend was driven by the aftermath of recent events, including the South Korea election defeat, prompting the Prime Minister to offer his resignation. The impact of …

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