US gas prices sink below $3 a gallon for first time since 2021

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US gas prices fell below $3 on Tuesday for the first time since May 2021, according to AAA. The national average price for regular gas dropped to $2.998 a gallon, down from $3.001 the previous day, according to the fuel price tracker. It was also down from $3.036 a month ago and $3.05 this time […]


Workday shares sink on subscription revenue guidance concerns

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The Workday Inc. pop-up pavilion ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Saturday, Jan. 19, 2025. Hollie Adams | Bloomberg | Getty Images Shares of software maker Workday slid nearly 8% on Wednesday as analysts lowered their price targets, citing a lack of a upside after the company revised its full-year […]


Applied Materials shares sink on light forecast

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The Applied Materials logo on Dec. 17, 2024. Nurphoto | Nurphoto | Getty Images Applied Materials shares sank more than 10% in extended trading Thursday as the semiconductor equipment company provided outlook for the current quarter that came in light. Here’s how Applied Materials did in its third-quarter earnings results versus LSEG consensus estimates: EPS: […]


Chip software stocks sink on report Trump ordered halt to China sales

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The Synopsys headquarters in Mountain View, California, on April 13, 2022. David Paul Morris | Bloomberg | Getty Images Shares of chip design software makers Cadence and Synopsys tumbled in Wednesday trading after The Financial Times reported that the White House told them to stop selling to clients in China. Cadence stock declined nearly 11%, […]


Japan Stocks Sink as Rout in Technology Shares Spreads to Asia

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A sell-off in the biggest technology companies in the United States rippled into Asia on Tuesday, with stock markets in Japan falling as U.S. markets appeared to stabilize. Japan’s tech-heavy Nikkei 225 fell 1.4 percent with Softbank, the Japanese investment firm with major holdings in the technology sector, falling about 5 percent. Arm Holdings, the […]


Tesla shares sink 8%, giving up some gains from post-election pop

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A Tesla Cybertruck is parked outside of a dealership on November 14, 2024 in Austin, Texas. Brandon Bell | Getty Images Tesla shares sank more than 8% on Wednesday, notching their steepest drop since before Donald Trump’s election victory last month, which sparked a sharp rally in the stock. Tesla closed at $440.13, and is […]