Trump Media shares tumble after the first debate between former President Donald Trump and Vice President Kamala Harris, and GameStop sinks after posting a sharp decline in second-quarter sales.
Wall Street witnessed a broad sell-off on Wednesday, except for the tech sector, as investor optimism over disinflation progress cooled following a mixed August inflation report. The Consumer Price Index (CPI) rose 2.5% year-over-year, slightly below the 2.6% estimate and down from July’s 2.9%, marking the slowest pace of inflation since February 2021. The bulk of this decline came from energy-related categories. However, core inflation — excluding the more volatile components like food and ener
GME's Q2 net sales fall y/y, with declines across all major categories, including hardware, software and collectibles.