Mayville Engineering has gotten torched over the last six months - since October 2024, its stock price has dropped 34.2% to $13 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Shareholders of BeautyHealth would probably like to forget the past six months even happened. The stock dropped 46.5% and now trades at $0.89. This may have investors wondering how to approach the situation.
Since April 2020, the S&P 500 has delivered a total return of 92.8%. But one standout stock has nearly doubled the market - over the past five years, Pilgrim's Pride has surged 177% to $55.20 per share. Its momentum hasn’t stopped as it’s also gained 20.4% in the last six months, beating the S&P by 27.3%.
What a brutal six months it’s been for Regal Rexnord. The stock has dropped 38.4% and now trades at $103.43, rattling many shareholders. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Intel is slated to report quarterly earnings after markets close on Thursday in its first report since CEO Lip-Bu Tan took the helm of the beleaguered chipmaker. Traders expect the stock to move notably a day later.
(Bloomberg) -- Chinese investors sold a near-record amount of Hong Kong stocks on Wednesday, reducing holdings after hopes of easing in trade tension spurred a relief rally. Most Read from BloombergTrump Gives New York ‘One Last Chance’ to End Congestion FeeDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusThe Racial Wealth Gap Is Not Just About MoneyBackyard Micro-Flats Aim to Ease South Africa’s Housing CrisisA Car Guy Makes a Left TurnThey offloaded shares worth HK$18.1 bill
Global stock markets experienced a relief rally after US Treasury Secretary Scott Bessent indicated that high tariffs were not unsustainable, raising hopes for a de-escalation in the US–China trade war. President Trump confirmed the stance and signalled that tariffs on China would be cut.View on euronews
Nissan Motor will invest an additional $1.4 billion in China, where it believes it is on track to reverse a punishing slide in sales with the launch of some 10 new vehicles in the coming years, its China chief said on Wednesday. "We have been sort of slow in approaching the market with China moving so fast," said Stephen Ma, who shifted from Nissan’s chief financial officer to take charge of its China operations at the start of the year. Nissan sold fewer than 700,000 vehicles in China in 2024, less than half of what it sold just four years earlier.
TOKYO (Reuters) -Japanese banks need to watch out various risks as the volatility in global financial markets has increased due to uncertainties over trade policies, the Bank of Japan said on Wednesday. "Japan's financial system has been maintaining stability on the whole," the BOJ said in its report on the financial system. "However, since the beginning of April, financial markets at home and abroad have fluctuated significantly," it said, citing uncertainty over trade, other economic policies and geopolitical risks.
(Reuters) -Truck maker Volvo reported a bigger-than-expected fall in first-quarter profit on Wednesday and lowered its North America lorry market outlook, pointing to increased uncertainty around tariffs and their impact on global trade. The Swedish group said it now sees the North American heavy truck market at 275,000 new vehicles this year. Volvo repeated a market outlook for 290,000 new heavy trucks in Europe, adding however that current market conditions meant forecasts were subject to significant uncertainty.