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NASDAQ:QRTEA 17 April 2026

QVC Bankruptcy Filing: Home-Shopping Pioneer Seeks Fast Chapter 11 to Cut More Than $5 Billion of Debt

QVC Bankruptcy Filing: Home-Shopping Pioneer Seeks Fast Chapter 11 to Cut More Than $5 Billion of Debt

QVC Group filed for Chapter 11 bankruptcy in Texas on Thursday, aiming to cut debt to $1.3 billion from $6.6 billion while keeping QVC and HSN running. The company reported an $2.4 billion net loss in 2025 and an 8% revenue drop. U.S. operations are affected; international units are not. QVC expects to exit bankruptcy in about 90 days and warned shareholders of a total loss.
17 April 2026

Stock Market Today

  • Sinda Ltd. Files for US IPO to Fund Mexican Silver Mining Operations
    June 5, 2026, 8:48 PM EDT. Sinda Ltd., a Mexican silver miner backed by Electrum, has filed for a US initial public offering (IPO). The company aims to raise funds to expand mining activities in a historically rich silver-producing region in Mexico. The IPO will allow Sinda to capitalize on silver demand, offering investors exposure to the precious metals sector.

Latest articles

Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

6 June 2026
Rigetti Computing plunged 14.5% to $20.68 as tech stocks tumbled after strong May payrolls fueled fears of prolonged high U.S. rates, pressuring long-duration names; the selloff highlights risks tied to government funding, potential equity dilution, and uncertain commercial milestones, with Rigetti posting a $26 million Q1 operating loss and $4.4 million revenue despite recent product and funding announcements.
POET Technologies Stock Drops Sharply as Investors Watch

POET Technologies Stock Drops Sharply as Investors Watch

6 June 2026
POET Technologies plunged 23% to $11.86 amid a semiconductor selloff, as investors weighed execution risks after a $400 million capital raise, a $50 million Lumilens order, and recent turbulence from Marvell’s canceled purchase orders, with dilution and tax-status questions adding pressure.
Flex grabs S&P 500 spot but shares drop

Flex grabs S&P 500 spot but shares drop

6 June 2026
Flex will join the S&P 500 on June 22, drawing investor focus to its surging AI data-center power unit and planned spin-off, even as shares fell 4.8% to $151.92 amid a tech selloff; CPI sales jumped 38% to $6.61 billion in fiscal 2026, now 24% of total revenue, but margin slipped 100 basis points due to ramp-up costs and product mix.
Intel shares hit as AI chip slump wipes out $1.3 trillion

Intel shares hit as AI chip slump wipes out $1.3 trillion

6 June 2026
Intel plunged 11.4% to $99.17 on heavy volume as the PHLX Semiconductor Index suffered its worst drop since March 2020, wiping out $1.3 trillion in U.S. chipmaker market value, overshadowing Intel’s new AI partnership with Foxconn amid sector-wide selling triggered by Broadcom’s guidance and renewed Fed rate hike fears.
Gas Bulls’ Storage Bump Fizzles on Weather Shift

Gas Bulls’ Storage Bump Fizzles on Weather Shift

6 June 2026
U.S. natural gas futures fell 3.2% to $3.229/MMBtu Friday as weather models cut expected cooling demand, erasing a two-day rally sparked by a smaller-than-expected storage build and hotter forecasts; inventories remain above average but the surplus is narrowing, with traders watching if heat and exports can offset near-record production and ongoing LNG plant maintenance.
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