Walmart Tumbles as Discounts Spur New Cut to Profit Forecast

(Bloomberg) — Walmart Inc. cut its profit outlook again in a surprise warning weeks ahead of its earnings report, sending retailer shares tumbling and raising new questions about US consumers’…

Kohl’s Tumbles as Strategic Review Process Ends Without Sale

(Bloomberg) — Kohl’s Corp.’s board took it off the market after failing to agree on a potential $8 billion sale to Franchise Group Inc., sending the department-store operator’s stock to…

Crypto Market Tumbles As Bitcoin Breaks Previous Cycle’s Highs

Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Bitcoin fell below the $18,500 price level for the…

Bitcoin tumbles below $21,000 in crypto crash. This chart shows how much worse a selloff could get.

Cryptocurrencies kicked off a new week with deep losses, extending weekend selling following surprisingly high U.S. inflation data and troubles for a major cryptocurrency exchange. Bitcoin  BTCUSD, -3.48%  has slumped…

Weekly mortgage demand from homebuyers tumbles 12%

A sign of a home for sale is pictured in Alhambra, California on May 4, 2022. Frederic J. Brown | AFP | Getty Images Mortgage rates actually fell slightly last…

Huawei’s first quarter revenue tumbles as smartphone sales plunge

Huawei’s smartphone business has struggled under U.S. sanctions that restrict it from buying chips and other components from key suppliers. Costfoto | Future Publishing | Getty Images BEIJING — Chinese…

Snowflake Stock Tumbles as Disappointing Guidance Overshadows Strong Quarter

Text size Shares of cloud-based data-software firm Snowflake are falling sharply. Dreamstime Snowflake stock was falling sharply after the cloud-based data-software company posted disappointing fiscal 2023 guidance that overshadowed strong…

Beyond Meat (BYND) Q4 2021 earnings miss estimates, stock tumbles

Beyond Meat on Thursday reported a wider-than-expected loss and shrinking revenue for its fourth quarter as it shifts its focus from slumping grocery sales to scaling its production for large…

Zscaler tumbles after issuing light earnings forecast

Jay Chaudry, founder and chief executive officer of Zscaler Inc. David Paul Morris | Bloomberg | Getty Images Cybersecurity software maker Zscaler saw its stock fall as much as 18%…

SunPower to Record $31 Million of Charges for Cracking Issue. The Stock Tumbles.

Text size An employee works to install new solar panels at a solar plant in Turkey. Chris McGrath/Getty Images SunPower shares were falling sharply Friday after the solar tech company…