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Stocks

“Billionaires Are Selling Nvidia Stock and Buying an Index Fund That Could Soar 43%, According to a Wall Street Analyst”

September 18, 2024

“…The hedge fund managers listed below (all of whom are billionaires) sold Nvidia stock in the second quarter while buying shares of the iShares Russell 2000 ETF (NYSEMKT: IWM), an index fund that tracks the small-cap Russell 2000… …Ken Griffin and David Shaw… Continue Reading…

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Stocks

“3 Magnificent S&P 500 Dividend Stocks Down 22%, 35%, and 45% to Buy and Hold Forever”

September 18, 2024

“…1. United Parcel Service There’s no getting around the fact that the wind-down of the COVID-19 pandemic has proven challenging for United Parcel Service (NYSE: UPS). The stock soared in the wake of a wave of online shopping, but the return of… Continue Reading…

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Business

“GameStop millionaire makes huge bet on battered airline”

September 18, 2024

“…Vladimir Galkin was paying close attention to all that digital disruption during the meme stock madness. A Florida-based investor, Galkin partly built his fortune through GameStop shares during that time… Now Galkin, who cofounded and owns a majority stake in… Continue Reading…

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Business

“Big Lots files for Chapter 11 bankruptcy protection, plans to sell assets to Nexus Capital”

September 18, 2024

“…Big Lots Inc. has secured commitments for $707.5 million of financing, including $35 million in new financing from some of its current lenders. Once approved by the court, the financing, along with cash from its ongoing operations, is expected to… Continue Reading…

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Stocks

“Watch these Palantir price levels as stock jumps on S&P 500 inclusion”

September 18, 2024

“…Palantir shares were up 7.8% at $32.69 about 90 minutes before Monday’s opening bell… The first sits around $32.70, roughly in line with Monday’s projected opening price. This area on the chart could provide resistance near a range of similar trading levels… Continue Reading…

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Stocks

“AMC / GME: Meme Stock Analysis LIVE [9/11/24]”

September 17, 2024

I’ve been busy watching the the meme stock plays. During this time I came across some pretty useful information. I’ll keep people updated by sharing links, etc. Click here to watch video.

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Banking, Real Estate

“US bank profits jump but watchdog warns of stress”

September 9, 2024

“The U.S. banking industry recorded higher profits in the second quarter of 2024, but the Federal Deposit Insurance Corporation on Thursday identified several lingering areas of concern including commercial real estate and credit cards. …However, it also noted that signs… Continue Reading…

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Economy

“August private payrolls rose by 99,000, smallest gain since 2021 and far below estimates, ADP says”

September 9, 2024

“Companies hired just 99,000 workers last month, less than the downwardly revised 111,000 in July and below the consensus forecast for 140,000, according to payrolls processing firm ADP. The report corroborates multiple data points recently that show hiring has slowed… Continue Reading…

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Economy, Personal Finance

“44% of workers are ‘cautiously optimistic’ about meeting retirement goals, CNBC poll finds. Here are key planning steps at every age”

September 9, 2024

“Almost half, 44%, of workers in a new CNBC poll are “cautiously optimistic” about their ability to meet their retirement goals, and 27% say they are “realistic” about that happening.  About half, 52%, of millennials and 47% of Gen Xers… Continue Reading…

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Economy, Personal Finance

“40% of workers are behind on retirement planning. Not saving earlier was the biggest mistake”

September 9, 2024

“…In fact, 4 in 10 American workers — 40% — are behind on retirement planning and savings, largely due to debt, insufficient income or getting a late start, according to a new CNBC survey, which polled more than 6,600 U.S. adults in early August. Older… Continue Reading…

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