Workhorse Stock Sinks After Company Cuts Its Sales Outlook

Workhorse Group stock tumbled on Tuesday after the electric-van manufacturer said it expects to sell fewer vehicles than previously expected and cut its revenue guidance for the full year. Workhorse…

China’s property sales set for a worse plunge than in 2008, S&P says

Most apartments in China are sold before developers finish building them. Pictured here on June 18, 2022, are people selecting apartments at a development in Huai’an, Jiangsu province, near Shanghai.…

Amazon stock jumps 14% as sales beat and AWS growth overcome a second straight quarterly loss

Amazon.com Inc. decided to cut back after years of pouring money into growth, and the result was a second consecutive quarterly loss, but a beat on sales and continued strong…

Pending home sales fell 20% in June as mortgage rates soared

A “Sale Pending” sign outside a house in Discovery Bay, California, on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Images Signed contracts to purchase existing homes…

Amazon Alternatives to Help Diversify Sales

Opinions expressed by Entrepreneur contributors are their own. There is no denying the sheer dominance of the online retail behemoth Amazon. Today Amazon is the biggest marketplace on the planet,…

Weber shares tank as grill maker announces CEO departure amid disappointing sales

Weber Grill accessories are offered for sale at a home improvement store on July 23, 2021 in Palatine, Ill. Scott Olson | Getty Images News | Getty Images Weber shares…

‘Awful’ Snap Sales Wipe $47 Billion From Social Media Stocks

(Bloomberg) — US social-media giants shed nearly $47 billion in market value in extended trading Thursday, as disappointing revenue from Snap Inc. raised concerns about the outlook for online advertising.…

June home sales fall 5.4% from May, as prices set yet another record

Sales of previously owned homes in June fell 5.4% from May, according to a monthly report from the National Association of Realtors, as prices set records and rates surged. The…

ASML Stock Drops. The Chip Supplier Slashes Sales Outlook Amid Delays.

Text size ASML’s machines are key to the global chipmaking industry. Courtesy Bart van Overbeeke/ASML ASML beat expectations for second-quarter earnings, but shares in the critical supplier of manufacturing equipment…

Stocks close higher after upbeat retail sales, strong Citi earnings

U.S. stocks rallied Friday to cap a four-day losing streak on Wall Street. Sentiment was buoyed by better-than-expected retail sales data and a surprise earnings beat from Citigroup (C). The…