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#loss

56 posts16 participants0 posts today
Public *
Steve Thompson PhD

OUCH!

Apple’s 3-day loss in market cap swells to almost $640 billion

cnbc.com/2025/04/07/apples-3-d

While the stock market broadly fared better on Monday than in the prior two trading days, Apple

got hammered once again, losing 3.7%, as concerns mounted that the company will take a major hit from President Donald Trump’s tariffs.

The sell-off brings Apple’s three-day rout to 19%, a downdraft that has wiped out $638 billion in market cap.

KEWL🌀NEWS

CNBCApple's 3-day loss in market cap swells to almost $640 billionApple is reeling over concerns that President Trump's tariffs could force the iPhone maker to raise prices or accept lower profits.
#TRUMP#TARIFFS#APPLE
Public
BellingenNSW

Australia is in an extinction crisis – why isn’t it an issue at this election?

"Over the past decade, more than 550 Australian species have been either newly recognised as at risk of extinction or moved a step closer to being erased from the planet."

"Analysis shows 1,964,200 hectares of koala habitat was cleared between 2012 and 2021 – 81% of that in Queensland."

"Australia tops global rankings for mammal extinction – at least 33 species have died out since European invasion and colonisation – and is number two behind Indonesia for loss of biodiversity. The challenge is not only to stop the loss of habitat but to restore the environment in places it has been lost in 250 years of European-driven clearing."
>>
theguardian.com/australia-news
#biodiversity #ecosystems #loss #nature #wildlife #koalas #care #biosphere #laws #deforestation #extractivism #SettlerSociety #destruction #extinction #pollution #sprawl #housing #governance #ExtinctionCrisis #FossilFuels

The Guardian · Australia is in an extinction crisis – why isn’t it an issue at this election?By Adam Morton
Public *
Steve Thompson PhD

Now do average millionaires.

"Zuckerberg, Bezos and Musk each lose more than $23 billion after Trump tariffs"

msn.com/en-au/money/markets/zu

Collectively, the two-day drop wiped out $30.9 billion in net worth for Elon Musk, $23.49 billion for Jeff Bezos and $27.34 billion for Mark Zuckerberg...according to Bloomberg's Billionaires Index. The world's 500 richest people experienced the biggest two-day loss ever recorded by the index.

Guests including Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk attend the inauguration of Donald J. Trump in the U.S. Capitol Rotunda in Washington, D.C., on Jan. 20, 2025. Trump takes office for his second term as the 47th president of the U.S.
#Trump#tariffs#loss
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