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Stocks

“JPMorgan predicts a grim outlook for the stock market next year”

December 29, 2023

“…Dubravko Lakos-Bujas, the chief global equity strategist at JPMorgan, said in a recent analyst note that slowing economic growth, the rapid depletion of household savings and ongoing geopolitical turmoil could trigger a steep decline in the S&P 500 over the course of… Continue Reading…

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Stocks

“Cloudflare Is On A Mission As AI Frenzy Sparks A 40% Rally For NET Stock”

December 29, 2023

“Cloudflare (NET) is enthralling investors with its prospects for generative artificial intelligence, driving a rally of nearly 40% since it reported third-quarter results last month. The AI frenzy represents a major rebound for NET stock, which saw a huge sell-off in… Continue Reading…

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Stocks

“Macy’s shares surge 21% after it receives $5.8 billion buyout offer”

December 29, 2023

“Arkhouse Management and Brigade Capital Management have offered to buy Macy’s for $5.8 billion, people familiar with the matter told CNBC on Sunday. The offer values the retailer at $21 per share, according to the sources. Macy’s closed at just over $17… Continue Reading…

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Banking

“Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom”

December 29, 2023

“Wells Fargo CEO Charlie Scharf said Tuesday that low staff turnover means the company will likely book a large severance expense in the fourth quarter. “We’re looking at something like $750 million to a little less than a billion dollars of severance in… Continue Reading…

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Business

“Target blamed theft and violence for 9 store closures…”

December 27, 2023

“On Sept. 26, Target set off a national firestorm when it said it would close nine stores in four states because theft and organized retail crime had made them too dangerous to run. On its face, Target’s announcement was evidence that retail crime… Continue Reading…

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Stocks

“Amazon Stock Soared 75% in 2023. Should Investors Avoid It in 2024?”

December 27, 2023

https://finance.yahoo.com/news/amazon-stock-soared-75-2023-120000523.html For anyone that thinks the stock market will crash this stock must be avoided. The top 7 stock or so drive most of the dow jones. If they make most of the gains its safe to assume they will… Continue Reading…

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Stocks

“Up 177% in 2023, Is Palantir Stock a Buy for 2024?”

December 27, 2023

https://finance.yahoo.com/news/177-2023-palantir-stock-buy-200358386.html There’s not much to this article so I just want to say this. Most of the time, when you see companies have incredible spikes in their stock prices, the rally is over once it’s in the news. The vast… Continue Reading…

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Business

“Facing fines, cluttered aisles and late-night mockery, Dollar General’s returning CEO tries to drive a turnaround”

December 23, 2023

“Dollar General has gotten hit by steep fines for safety violations, slammed on late-night TV and even overruled by its own shareholders. On Thursday, CEO Todd Vasos laid out on an earnings call with investors the discounter’s plans to try to turn around both the… Continue Reading…

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Stocks

“Google shares pop 5% after company announces Gemini AI model”

December 23, 2023

“Shares of Google closed up 5% Thursday, a day after the company announced its latest artificial intelligence model called Gemini that will compete with products from OpenAI, Microsoft and Meta. The stock is on pace for its best day since Aug. 29. Wells Fargo’s trading desk said… Continue Reading…

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Business, Stocks

“Toyota to sell entire stake in Japan’s Harmonic Drive Systems – filing”

December 23, 2023

“Harmonic Drive Systems, a Japanese maker of speed reducers, said on Wednesday that Toyota Motor will sell its entire stake in the company in the open market overseas. The move could fan hopes among investors that Toyota will accelerate sales… Continue Reading…

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