Tag

Stock Crash

All articles tagged with #stock crash

Intel Stock Slumps on Weak Forecast and Supply Disruptions
business1 month ago

Intel Stock Slumps on Weak Forecast and Supply Disruptions

Intel's shares tumbled about 17% after a subpar sales and profit forecast and warnings of supply disruptions. Q4 revenue fell 4% YoY to $13.7B, with weakness in the Client Computing Group offsetting gains in Data Center & AI. The firm posted adjusted EPS of $0.15, beating estimates, but guided Q1 revenue of $11.7–$12.7B and said it will likely break even on adjusted EPS. Executives cited supply shortfalls and ongoing challenges winning foundry customers from rivals like TSMC, fueling investor concern about Intel's growth outlook.

Quantum Computing Stocks to Watch: Opportunities and Risks Ahead
business2 months ago

Quantum Computing Stocks to Watch: Opportunities and Risks Ahead

The article predicts that shares of Rigetti Computing and D-Wave Quantum, which have surged dramatically since 2023, will crash in 2026 due to the bursting of the quantum computing bubble, as large-scale, fault-tolerant quantum computers are still at least a decade away and the market for quantum computing remains relatively small compared to AI.

Hims & Hers Stock Declines Amid Revenue Miss and Growth Concerns
business7 months ago

Hims & Hers Stock Declines Amid Revenue Miss and Growth Concerns

Hims & Hers stock dropped over 11% after missing Wall Street's Q2 sales forecast despite higher profits, as the company shifts focus to personalized healthcare and faces challenges in its obesity-related business. The company maintains its annual sales guidance but faces scrutiny over its core business and recent market performance, amid a broader industry context involving weight-loss drugs and strategic partnerships.

Better.com CEO Vishal Garg's Stock Crash: A Spectacular Disaster
business2 years ago

Better.com CEO Vishal Garg's Stock Crash: A Spectacular Disaster

Mortgage lender Better.com experienced a significant stock crash, with shares trading at a more than 90 percent discount just hours after going public. The company, which had built its business on fast home loans during the pandemic, has seen a decline in its business as mortgage rates rose and the housing market slowed. CEO Vishal Garg's controversial behavior towards staff, including laying off employees via Zoom and making derogatory remarks, has also contributed to investor concerns. Better.com is facing an SEC investigation and lawsuits from former business partners. Despite the challenges, Garg remains optimistic about the company's future.