Volkswagen says to cut 50,000 jobs as profit slides

Volkswagen has said it will cut 50,000 jobs in Germany by 2030 as its profits dropped to their lowest level since 2016. Chief executive Oliver Blume told shareholders that the cuts would take place in Germany and fall across the entire group, including Audi and Porsche. Europe’s largest carmaker said post-tax profits had fallen by …

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QQQ slides, but no panic in sight. Orderly selloff masks controlled distribution. #NDX, weekly Double Tops during the last 7 years. 2018, 2022, and 2025. Each led to a 20%+ correction.

Nearly four months of choppy price action within this range on $QQQ. pic.twitter.com/BwtyvB89mz — Connor Bates (@ConnorJBates_) February 19, 2026 If this were a genuine crash, you wouldn’t see this methodical delivery.$QQQ You’d see price trade into 606–617 and then violently displace $30 lower with urgency, thin books, no bids, pockets collapsing. Instead, what we …

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Tokyo cannot raise yields without blowing up its budget and cannot hold them down without crushing the yen and investors are piling into the debasement trade

Japan's government says it may "intervene" before the Japanese Yen to US Dollar ratio reaches 160. Over the last 2 months, the Yen has gone from 145 to 157 as a $110B+ stimulus package is coming byu/RobertBartus inEconomyCharts I agree, but does it really solve anything for Japan? With all the helicopter money, a demographic …

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Corporate bond spreads surge, financial distress signals flash red. Recession fears mount as trucking index slides.

Markets are hanging by a thread, and most don’t see it coming. High-yield corporate bond spreads just spiked 60 basis points in a month—hitting a six-month high. Investment-grade spreads aren’t far behind, climbing to their highest level since September. These are stress fractures in the system, warning signs that something is breaking. 🚨WARNING🚨 S&P500 2008 …

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Dow loses 600 pts, Nasdaq slides 3 percent.

Stocks tumbled Tuesday as technology names struggled and new economic data rekindled fears around the health of the economy. The Dow Jones Industrial Average fell 626.15 points, or 1.51%, to end at 40,936.93. The S&P 500 slid 2.12%, closing at 5,528.93. The Nasdaq Composite dropped 3.26% and settled at 17,136.30. All three indexes notched their …

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Shopify (NYSE: SHOP) Stock Slides 20% on Weak Q2 Outlook

Shopify (NYSE: SHOP) stock plunged about 20% in intraday trading after the company provided lower-than-expected guidance for the current quarter. E-commerce giant Shopify (SHOP) issued guidance below forecasts, signaling a slowdown in sales growth and continued effects from the sale of its logistics business last year. The renowned retail platform expects revenue growth in the high …

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White House Plans Downshift In Electric Vehicle Transition As Demand Slides (A Tesla 4-module Battery Pack Costs $20,000 To $28,000 BEFORE Labor!)

by confoundedinterest17 Burn on, Bidenomics! The Biden administration is reportedly considering easing tailpipe emissions regulations, a move that was designed to force Americans from gas and diesel-powered vehicles to electric vehicles, according to The New York Times, citing three people familiar with the plan. This potential policy adjustment is in response to concerns from major automakers and …

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General Motors stock slides to 3-year low amid $5 billion strike bloodbath

General Motors shares tanked again Thursday as a possible issue with its airbags added to negative concerns over the auto workers strike for the limping legacy American automaker. Key facts The Wall Street Journal reported there are 20 million General Motors vehicles with airbag inflators that the government recommends recalling, potentially setting the company up …

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“Historically, when inflation crosses 8%, it takes years, not months, before it falls back below 2%.”… Number of Americans able to afford $400 surprise bill slides in era of ‘Bidenomics’

https://t.co/fZhvHiuQ6S — Win Smart, CFA (@WinfieldSmart) August 4, 2023 Number Of Americans Able To Afford $400 Surprise Bill Slides In Era Of 'Bidenomics' https://t.co/3dV6xksB5F — zerohedge (@zerohedge) August 4, 2023 #Fed QT accelerates. Fed balance sheet shrank $91bn in July, -$759bn from peak, biggest drop ever to $8.2tn, lowest level since July 2021. Fed has …

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