Rishabh Mishra

November 13, 2024 4:20am 2 min read Comments Shares of Spirit Airlines Inc. (NYSE: SAVE ) plunged by 62.73% in after-hours

Shares of Spirit Airlines Inc. (NYSE: SAVE) plunged by 62.73% in after-hours and closed nearly 5.29% lower at $3.22 apiece on Tuesday after the company failed to file its earnings for the quarter ended September 2024. The discount airline in a filing late Tuesday, said that it is in talks with its creditors to carve out a restructuring plan which could lead to the cancellation of its equity shares.

Shares of Block Inc. (NYSE: SQ ), led by Jack Dorsey, closed up 4.62% on Tuesday, gaining over 16% in the past five days as Piper Sandler ‘s Managing

Jack Dorsey's Block Shares Rally As Piper Sandler Initiates Coverage With 'Overweight' Rating: Here's What Other Analysts Are Saying

The U.S. Treasury yields have priced in the expectations of higher Consumer Price Inflation as the two-year bonds declined, with the yields rising to 4.34%, on Tuesday. These yields have risen the most since July 2024, as per Bloomberg. The ten-year yields followed and rose to 4.40% as well.

The Department of Government Efficiency aka DOGE, not Dogecoin (CRYPTO: DOGE), which is going to be formed with Elon Musk and Vivek Ramaswamy at the helm, could be a “quid-pro-quo riddled with conflicts of interest,” said the Bill Clinton-era secre

Even after the U.S. headline and core consumer price inflation rose in the month of October, the Gold spot (NASDAQ:XAU) prices fell to a two-month low and have been hovering in the same range. Key ETFs that track gold, have also taken a beating.

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ValueAct Holdings, L.P. reported holdings worth $3.9 billion in the September quarter after it disclosed major changes in its 13F filing for the third quarter of current fiscal.

As U.S. headline and core consumer price inflation increased in October and GDP growth remained resilient in Q3, billionaire Elon Musk has presented a hot take on how “excess” government spending is a major cause of inflation.