Shares of Ideanomics (NASDAQ: IDEX) have tanked today, down by 24% as of 12:05 p.m. EDT, after the company reported second-quarter earnings. Total revenue declined significantly and Ideanomics swung to a net loss. Sales were up on a sequential basis, as the electric vehicle distributor has started to fulfill orders and deliver vehicles to customers through its Mobile Energy Global (MEG) segment.
JPMorgan's CEO is concerned the US economy could be in for a repeat of the stagflation that hampered the country during the 1970s.
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The Lions' new uniforms got released prematurely.
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You don't see an ejection like this every day.
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