UnitedHealth Group's shares plummeted 23% in midday trading following a rare earnings miss, erasing nearly $120 billion in market value due to unexpected medical costs and higher care utilization.
Newsmax's stock price nosedived over 70% after a historic debut on the NYSE, raising questions about the sustainability of its initial surge and the implications for retail investors.
In a stunning turn of events, Tesla has lost nearly 49% of its market cap in just months, driven by sagging sales and controversies surrounding CEO Elon Musk. Analysts are drawing parallels to unprecedented declines in the automotive industry.
Last year, a Citigroup employee mistakenly initiated a transfer of $81 trillion, making a customer the wealthiest person ever—if only it had gone through! Discover the shocking details of this near miss and the bank's response.