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Business, Economy

“$29 flights are back as airlines race to fill seats in the off-season”

November 13, 2023

“Airlines have a record 260 million seats to fill this quarter, and to do it, they’re offering fares that will run you about the same as a pair of movie tickets…” https://www.cnbc.com/2023/11/11/flight-discounts-are-back.html Are prices starting to collapse in the airline… Continue Reading…

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Business

“‘The Marvels’ has the worst opening weekend ever for any MCU film at $47 million”

November 13, 2023

“…Initial predictions saw the film opening at between $75 million and $80 million domestically, but those figures shrunk to a range between $60 million and $65 million ahead of Friday’s opening. Internationally, “The Marvels” garnered $63.3 million in ticket sales,… Continue Reading…

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Energy

“Wind power industry in moment of reckoning as stocks fall and earnings crumble”

November 13, 2023

“Renewable energy firms are mostly suffering a dire earnings season as struggling supply chains, manufacturing faults and rising production costs eat into profits…” https://www.cnbc.com/2023/11/13/wind-power-industry-in-moment-of-reckoning-as-stocks-fall.html Good. Does anyone know how many birds are killed by windmills a year? I’ll give you… Continue Reading…

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Economy

“Consumer spending fell in October, according to new CNBC/NRF Retail Monitor tracking card transactions”

November 13, 2023

“… …” https://www.cnbc.com/2023/11/13/consumer-spending-fell-in-october-according-to-new-cnbc/nrf-retail-monitor-tracking-card-transactions.html This article is badly written. Anyway this is not good. Usually retail goes up during this time of the year.

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Uncategorized

My Opinion On Mark England’s Avoiding A Victim Mentality

November 10, 2023

Recently I saw a video about making money and how not to have a victim mentality. I thought it’d be something good to share. He talks about how a persons words and their mindset affects their actions. Basically it’s about… Continue Reading…

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Banking

“JPMorgan’s $290 million settlement with Epstein accusers wins approval by U.S. judge”

November 10, 2023

“A U.S. judge on Thursday approved JPMorgan Chase’s $290 million settlement with women who said Jeffrey Epstein abused them, and that the largest U.S. bank turned a blind eye to the late financier’s sex trafficking. U.S. District Judge Jed Rakoff granted final… Continue Reading…

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Business

“China’s largest chipmaker SMIC posts a 80% drop in third-quarter profit”

November 10, 2023

“China’s largest chipmaker SMIC on Thursday posted a 80% drop in third-quarter profit as global demand weakness hit foundries hard. Net income for the quarter ended September plunged 80% compared to a year ago — larger than the 64% drop posted in second quarter… Continue Reading…

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Banking

“Fed reverse repos fall under $1 trillion for first time since August 2021”

November 10, 2023

“The Federal Reserve’s efforts to drain liquidity from the financial system have finally pushed inflows into a critical central bank tool below the $1 trillion mark for the first time since late summer 2021. Cash from money market funds and… Continue Reading…

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Stocks

“Trade Desk shares plunge about 30% on weak guidance tied to auto, Hollywood strikes”

November 10, 2023

“The Trade Desk shares plunged about 30% in after-hours trading on Thursday after the ad-tech company issued fourth-quarter revenue guidance that fell well short of analysts’ estimates. Third-quarter results topped estimates. Here’s how the company did: For the December period, Trade… Continue Reading…

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Energy, Stocks

“Short sellers go after renewable and EV stocks”

November 9, 2023

“Short sellers are betting against electric vehicle and solar stocks, both of which have been on a downward trend. A new report from treasury and liquidity management platform Hazeltree shows luxury EV startups Rivian (RIVN) and Lucid (LCID), along with EV… Continue Reading…

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