Money

HelloFresh shares plummet 42% over ‘far worse outlook’

Published

2 years ago

March 10, 2024

HelloFresh shares took a nosedive of 42% following the meal kit-maker’s dismal earnings outlook, projecting a potential drop in adjusted earnings by as much as $437.4 million.

The Berlin-based company saw its shares close at 6.86 euros, reflecting a staggering 46% decline over the course of the week, marking Friday as the worst-ever session for HelloFresh since its initial public offering in November 2017.

In a disappointing disclosure made after Thursday’s market close, HelloFresh revealed its bleak outlook for 2024, anticipating adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) to plummet between approximately $382.8 million and $437.4 million.

This stark contrast from analysts’ expectations for higher revenue in the company’s North American market sent shockwaves through the investor community.

New fulfillment centres

The company attributed its projected losses to escalated production capacity and marketing expenditures, along with the commencement of operations at two new fulfillment centres.

HelloFresh is set to unveil its annual results on March 15.

However, ahead of this, it also warned of disappointing earnings for 2023, estimated at $480 million, down from around $521.5 million the previous year.

Analysts at UBS described the outlook as “far worse” than anticipated, despite having previously highlighted risks surrounding HelloFresh’s guidance.

The adjusted-down forecasts signal persisting elevated customer acquisition costs expected to endure into 2024, according to CNBC, citing UBS’s analysis.

Representatives for HelloFresh were unavailable for immediate comment on the matter.

Money

U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

2 days ago

January 30, 2026

Harvey Vargas

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations

The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker

Money

Wall Street slides as AI spending raises investor concerns

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives. Tune in for insights!

Published

2 days ago

January 30, 2026

Harvey Vargas

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives.

Wall Street closed lower on Thursday, with the Nasdaq leading losses as investors questioned whether Big Tech’s massive AI spending will pay off. Microsoft shares tumbled after revealing record AI infrastructure costs, while Meta rallied on strong earnings and a bullish outlook.

Kyle Rodda from Capital.com joins us to explain what spooked markets, which tech names are holding up, and whether AI budgets are getting too big.

We also discuss rate expectations, macro risks, and what to watch in the upcoming earnings season.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

Money

Tesla brand value plummets amid Elon Musk’s political focus

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Published

4 days ago

January 28, 2026

Harvey Vargas

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Tesla’s brand value plummeted by $15.4 billion in 2025, falling to $27.61 billion from $66.2 billion in early 2023. Analysts say Elon Musk’s political focus and a slowdown in new models have distracted the company’s core business.

In the U.S., Tesla’s recommendation score sank to just 4 out of 10, down from 8.2 in 2023. Despite this, loyalty among existing owners remains high at 92 per cent, showing a strong but shrinking fan base.

#TeslaNews #ElonMusk #BrandValue