Super Micro Computer, Li Auto And Estee Lauder Are Among Top 10 Large Cap Losers Last Week (Oct 28-Nov 1): Are The Others In Your Portfolio?

Lekha Gupta

November 03, 2024

These ten large-cap stocks were the worst performers in the last week. Are they in your portfolio?

Super Micro Computer, Inc. (NASDAQ:SMCI) shares declined 44.89% following the resignation of its independent auditor, Ernst & Young. Argus Research downgraded the stock from Buy to Hold.
Estee Lauder Cos (NYSE:EL) stock dipped 23.69% after it reported first-quarter earnings, and several analysts lowered the price forecast on the stock.
Aptiv (NYSE:APTV) shares fell 18.67% following a third-quarter revenue miss.
SharkNinja (NYSE:SN) shares tumbled 18.48% after it reported third-quarter financial results.
Check Point Software (NASDAQ:CHKP) dipped 17.70% last week after reporting worse-than-expected sales results, and analysts revised the price forecast and rating.
Koninklijke Philips (NYSE:PHG) lost 16.36% after the company reported a Q3 earnings miss and revised annual outlook due to weak demand in China.
Monolithic Power Systems, Inc. (NASDAQ:MPWR) shares fell 15.75% after the company reported Q3 financial results.
CDW (NASDAQ:CDW) stock fell 13.19% last week. It reported weaker-than-expected third-quarter earnings amid weak hardware demand and customer delays.
Borr Drilling Ltd (NYSE:BORR) lost 13.19% on continued weakness following preliminary Q3 financial results. As of 31 December 2024, the company’s stock will also be voluntarily delisted from the Oslo Stock Exchange.
Li Auto Inc. (NASDAQ:LI) stock decreased 12.96% after the company reported quarterly results and October deliveries.

Also Read:

Reddit, Roblox And Garmin Are Among Top 10 Large Cap Gainers Last Week (Oct 28-Nov 1): Are The Others In Your Portfolio?

Photo via Shutterstock

Recommended

Crypto's Biggest Bull Run Ever Is Underway ... Get In Now With a Special Deal. - Ad

Wall Street Warns: Stocks Could Be "Dead Money" for Next 10 Years - Ad

Goldman Sachs: 300 Million People Are At Risk - Ad

BRUNSWICK, Georgia (AP) — A car similar to one driven by a wealthy New York couple missing for more than four decades has been found in a south Georgia pond near the hotel where they were last seen, police in Georgia said.

At the crossroads of news and opinion, 'Morning Joe' hosts grapple with aftermath of Trump meeting

One of the striking things about how furiously many people reacted to the news last week that MSNBC “Morning Joe” hosts Joe Scarborough and Mika Brzezinski was how quaint their defenders sounded.

Tech Funds Are Hemorrhaging Cash: Sell This Stock Now

Tech Funds Are Hemorrhaging Cash: Sell This Stock Now - Ad

U.S. technology funds are HEMORRHAGING cash. It's the biggest selloff since the 2022 bear market. A 50-year Wall Street veteran just explained everything you need to know. For now, he's pounding the table on the No. 1 tech stock to BUY before 2024 comes to an end... And the No.1 tech stock Wall Street says to sell NOW.

One Tech Tip: Replacing passwords with passkeys for an easier login experience

LONDON (AP) — If you're tired of memorizing passwords, then give passkeys a try.

Moody's credit rating upgrade for Cyprus opens the door to investment, president says

NICOSIA, Cyprus (AP) — Moody’s two-notch upgrade of Cyprus' credit rating to A3 from Baa2 opens the threshold to quality foreign investment that will generate new jobs, the president said Saturday.

Elon's New Tech Could Be Bigger Than Tesla & SpaceX... Combined

Elon's New Tech Could Be Bigger Than Tesla & SpaceX... Combined - Ad

Forget rockets or brain implants... Elon's new AI product could be his biggest invention yet. Jeff Brown tried it himself recently and caught his experience on camera. See this footage because according to Tesla Magazine, this new product "could well shape the technological and economic future of our society."

Gold is suddenly not so glittery after Trump's White House victory

NEW YORK (AP) — After ripping higher for much of this year, the price of gold has suddenly become not so golden since Donald Trump's victory in the presidential election.

Palantir Board Member In A Deleted X Post Said Nasdaq Move Will 'Force Billions In ETF Buying And Deliver Tendies': Here's What This Meme-Stock Term Means

Palantir Technologies Inc has been making headlines after its board member, and partner at 8VC, Alex Moore deleted his X (formerly Twitter) account after saying in a tweet that its move to Nasdaq will "force billions in ETF buying."

URGENT: Black Friday Flash Sale! (95%) Off

URGENT: Black Friday Flash Sale! (95%) Off - Ad

For the first time this year, we're allowing you to unlock a lifetime subscription to Behind the Markets and receive 6 exclusive reports at the biggest discount we've ever given. But there's a catch - You only have until midnight on Monday, December 2nd to accept it.

Kissing the ring? MSNBC 'Morning Joe' hosts say they met with Trump to reopen lines of communication

MSNBC hosts Joe Scarborough and Mika Brzezinski, fierce critics of President-Elect Donald Trump, say they traveled to Mar-a-Lago for a meeting with him to reopen lines of communication that would better serve their morning show viewers.

Chinese hackers target Tibetan websites in malware attack, cybersecurity group says

BANGKOK (AP) — A hacking group that is believed to be has compromised two websites with ties to the Tibetan community in an attack meant to install malware on users' computers, according to findings released Wednesday by a private cybersecurity firm.

Firm Issues Rare "All In" Buy Alert on $6 Gold Stock

Firm Issues Rare "All In" Buy Alert on $6 Gold Stock - Ad

The bull market in gold is just getting started...In fact, many top analysts are predicting gold could go much, much higher. But you should NOT just rush out and buy gold bars or coins. We've found a gold play that's much better...And priced at $6 today, this stock has tremendous upside potential as the price of gold continues to rise.

Are MicroStrategy's Shares Worth Only $105? Investment Adviser Gary Black Weighs In

Renowned investment adviser Gary Black questioned the valuation of MicroStrategy Incorporated, suggesting the company's stock was significantly overpriced.

BlackRock Spot Bitcoin ETF Options On Nasdaq Rack Up 9-Figure Trading Volume In First Few Hours: 'Seems Very Bullish,' Says Analyst

NASDAQ began listing options on BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) today, a move that is expec

Why Do So Many Billionaire Investors Seem Scared of This Bull Run?

Why Do So Many Billionaire Investors Seem Scared of This Bull Run? - Ad

Well-connected billionaires like Warren Buffett have been selling off US stocks at an alarming rate. Today, one of America's most trusted market experts is stepping forward to explain what's really going on behind the scenes of this bull market - and why you could soon face losses of 50% or more if you do nothing.

Man pleads guilty to stealing millions from major Detroit nonprofit

DETROIT (AP) — A man from a Detroit nonprofit group pleaded guilty Friday to financial crimes that stunned the organization and forced some delays in a major riverfront project.

Leavitt Set To Become Youngest-Ever White House Press Secretary

Karoline Leavitt, at 27, will become the youngest-ever White House press secretary in Donald Trump's next administration.

Is Traditional Investing on Life Support?

Is Traditional Investing on Life Support? - Ad

Despite the biggest bull market in history, JP Morgan says most investors have made only 2.9% a year over the last 20 years. As a result, Americans who rely on traditional investing don't have enough for retirement. Millionaire-trader Jeff Clark turned his back on the stock market, and began using a "Magic Pattern" to generate potential gains of 227%, 333%, even 490% in 25 days.

Bull doge! Dogecoin soars as Trump announces a government efficiency group nicknamed DOGE

NEW YORK (AP) — Wow, much bull market.

Biden's public lands director named to lead environmental group

BILLINGS, Mont. (AP) — A senior official in President Joe Biden's administration who oversaw its contentious efforts to by curbing oil drilling on federal lands while expanding was named Tuesday as the next president of a prominent environmental group.

Discover the $2 Stock That Has Institutional Attention

Discover the $2 Stock That Has Institutional Attention - Ad

With a $1.3B market cap and forecasts to grow 2X faster than the sector, dozens of investment banks are betting big. Strong leadership, cash on hand, and a $3 target make it a must-see.

Macy's says employee hid up to $154 million in expenses, delays Q3 earnings

Macy's reported weaker-than-expected preliminary sales for the fiscal third quarter and said it's delaying the release of its quarterly earnings results after it discovered an up to $154 million accounting-related issue.

Chipotle Rival CAVA Surges Over 17% As Q3 Earnings Beat Expectations And Full-Year Outlook Improves

The fast-casual chain, known for its Mediterranean-inspired cuisine, reported earnings of 15 cents per share, surpassing the analyst consensus of 11 cents.

What Are These Billionaire Investors Afraid Of?

What Are These Billionaire Investors Afraid Of? - Ad

Billionaires Warren Buffett, Stanley Druckenmiller, and David Tepper have all sold off massive U.S. stock positions. Billionaire Ray Dalio, who runs one of the world's most successful hedge funds, says, "Things are going to get worse for our economy." What are these billionaires so worried about?

Mexico suggests it would impose its own tariffs to retaliate against any Trump tariffs

MEXICO CITY (AP) — President Claudia Sheinbaum suggested Tuesday that Mexico could retaliate with tariffs of its own, after U.S. President-elect Donald 25% import duties on Mexican goods if the country doesn’t stop the flow of drugs and migrants across the border.

Tesla Cybertruck Part Of Donald Trump's Motorcade, Will Vehicle Land Government Deals?

Donald Trump's motorcade near SpaceX's Starbase featured a Tesla Cybertruck. Here's what it could mean.

A Huge Crack Is Forming in the US Economy

A Huge Crack Is Forming in the US Economy - Ad

A former Trump Advisor has uncovered alarming information that could impact your financial security over the next few months. These new stock market highs are built on shaky foundations. A huge crack is forming in the American economy. The elites know all about it, but most ordinary citizens have no idea.

Trump Responds 'TRUE!' To Conservative's Claim That Military Will Be Used Against Immigrants

Twice-impeached Trump often makes graphic criticisms of migrants, including unsubstantiated claims that linked them to crime and violence.

Bitcoin, Ethereum, Dogecoin Tumble As 'Diamond Hands' Lock In Gains: Top Analyst Anticipates BTC Rebound

Leading cryptocurrencies slid further Tuesday, as long-term investors continued to chase profits.

Former Trump Advisor: "This Could Destroy Families"

Former Trump Advisor: "This Could Destroy Families" - Ad

A huge change is coming to America, and it scares the life out of former Trump advisor Brad Thomas. He calls it "America's next big economic crisis" and warns it will forever reshape our country, potentially destroying lives and ripping families apart. And according to him, even President Trump can't stop it.

Trump's incoming chief of staff is a former lobbyist. She'll face a raft of special interests

WASHINGTON (AP) — As incoming White House chief of staff, one of ’ vexing challenges will be policing the buffet line of powerful interests who want something from Donald Trump.

Meta Faces Multibillion-Dollar Lawsuit As Supreme Court Dismisses Appeal In Cambridge Analytica Data Scandal

Meta Platforms faces a multibillion-dollar lawsuit after the U.S. Supreme Court dismissed its appeal over the Cambridge Analytica data scandal, potentially leading to a $2 billion settlement.

"This Will Be Worse Than the Great Depression, the Dot-Com Crash, and the 2008 Crisis Combined"

"This Will Be Worse Than the Great Depression, the Dot-Com Crash, and the 2008 Crisis Combined" - Ad

According to Dan Ferris, who has predicted nearly every major market crisis of the last 25 years, a new crisis in the US economy could soon cost you 50% of your portfolio or more if you don't prepare your wealth now. Especially if you're sitting on large gains.

Internet entrepreneur Kim Dotcom has suffered a serious stroke, a post on his X account says

WELLINGTON, New Zealand (AP) — Kim Dotcom, the internet entrepreneur fighting deportation from New Zealand to the United States on charges relating to his file-sharing website Megaupload, has suffered a “serious stroke”, a post on his X account said Monday.

Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom

Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and a failed attempt to sell the airline to JetBlue.

A $50 Backdoor Play On Elon's Next "Super-IPO"?

A $50 Backdoor Play On Elon's Next "Super-IPO"? - Ad

Elon Musk has become Trump's most trusted advisors. According to one legendary investor... We are leading up to the world's first "Super-IPO" -- a company creating over $100 billion on the first day it goes public! Knowing about this "backdoor" play could be the best way to profit before the IPO...Starting with as little as $50.

Shopping on Shein and Temu for holiday gifts? You're not the only one.

Shopping on can feel like playing an arcade game. Instead of using a joystick-controlled claw to grab a toy, visitors to the online marketplace maneuver their computer mouses or cellphone screens to browse colorful gadgets, accessories and trinkets with prices that look too good to refuse.

In South Korea, nations meet in final round to address global plastic crisis

Negotiators gathered in Busan, South Korea, on Monday in a final push to create a treaty to address the global crisis of plastic pollution.

The 2025 AI Blueprint

The 2025 AI Blueprint - Ad

Thanks to a specific AI Blueprint... A small handful of companies have already soared as much as 562%, 3,247% and even 6,583%. Now, with a massive recent $1 trillion pivot to data centers, six NEW stocks could be next in line to follow this pattern. Today only, the 2025 AI Blueprint has been revealed...

Stock market today: Asian stocks track Wall Street gain with Nvidia report and bitcoin surge

HONG KONG (AP) — Asian stock rose on Friday following Wall Street gain after market and another round of companies said they’re making even fatter profits than expected.

Trending Now