Tag: Plunge

Shares of semiconductor equipment maker ASML took a significant hit on Tuesday, dropping by 15.6% following the release of disappointing sales forecasts. The Dutch company revealed that it expects net sales for 2025 to...

Hugo Boss, the German luxury fashion house, saw its stock drop by 9% after revising its sales guidance for 2024 due to a decline in demand from China. The company now expects full-year sales...

US housing starts for the month of May came in lower than expected at 1.277 million, missing the 1.370 million forecast. Additionally, initial jobless claims were reported at 238,000, slightly higher than the estimated...