Metro Daily Reporter - Breaking News, World News & Latest Updates

Latest News

Vertiv Stock Plunges 17% on Revenue Miss, CEO Calls It a "Temporary Issue" as AI Demand Remains Robust

July 30, 2026 • Finance • 26 views

Vertiv Holdings (VRT) shares plunged 17% on Wednesday after the AI infrastructure provider reported a revenue miss that rattled investors, even as the company beat earnings and revenue expectations . The selloff, which extended the stock's decline to over 25% in recent weeks, was driven by weaker-than-expected organic revenue growth of 17.8%, below the FactSet consensus of 23.6% . However, CEO Gio Albertazzi has strongly defended the company's long-term outlook, calling the shortfall a "temporar

Micron Stock Surges Over 10% as AI Memory Demand Overpowers China Competition Fears

July 30, 2026 • Finance • 22 views

Micron Technology (MU) shares staged a powerful rebound on July 30, surging more than 10% to lead a broader semiconductor rally . The dramatic move came after the stock had tumbled over 25% in the preceding four trading sessions, driven by worries over Chinese competition and a broad chip sector selloff . The bounce highlights the tug-of-war between near-term fears and a long-term story of unprecedented AI-driven memory demand.

Visa Beats Q3 Estimates with 14% Revenue Growth, Despite $563 Million Job-Cut Charge

July 30, 2026 • Finance • 22 views

Visa (V) reported robust fiscal third-quarter results on Tuesday, July 28, 2026, beating Wall Street expectations as resilient consumer and business spending drove a 14% increase in net revenue to $11.6 billion . However, the strong performance was overshadowed by the company's announcement of a major restructuring, including the elimination of approximately 2,600 jobs, which resulted in a $563 million severance charge . The stock fell about 1.7% in extended trading as investors weighed the near

Bitcoin Spot Trading Volume Plunges to Lowest Since 2023 as Macro Uncertainty Freezes Crypto Markets

July 30, 2026 • Business • 26 views

July 2026 is on track to record the weakest average daily Bitcoin spot trading volume since November 2023, according to K33 Research, as fears of interest rate hikes and a resurgent dollar chill the broader cryptocurrency market . Average daily spot volume across major exchanges has fallen to approximately $2.2 billion, down 4% from the previous week . This "sleepy July" follows a pattern of muted activity across both spot and derivatives markets, with Bitcoin trading in a narrow range around $6

← Previous 27 28 29 30 31 Next →

Latest News

FAQs

Sports FAQs