March 27, 2025
“…The meme stock jumped 11.7% Wednesday following the news. The announcement confirmed CNBC’s reporting in February of GameStop’s intention to add bitcoin and other cryptocurrencies to its balance sheet… https://www.cnbc.com/2025/03/25/gamestop-says-it-will-add-bitcoin-as-a-treasury-reserve-asset.html “GameStop shares drop 12%, reversing Wednesday’s rally, on planned debt issue to buy bitcoin The… Continue Reading…
March 20, 2025
https://www.cnbc.com/2025/03/20/us-households-are-more-invested-in-stocks-than-ever-and-its-distorting-market-valuation-says-jpmorgan.html This article is behind a paywall. From the looks of the title it seems as though some people are mad that the general public is investing in stocks. “Distorting market valuation?” The market value is what people are willing… Continue Reading…
March 17, 2025
“The S&P 500′s rapid 10% decline from a record high into correction territory has wiped out trillions of dollars in market value. The market value of the S&P 500 at its Feb. 19 peak was $52.06 trillion, according to FactSet. Thursday’s… Continue Reading…
March 13, 2025
“Intel shares popped more than 13% after announcing Lip-Bu Tan as its new CEO. Wall Street cheered the chipmaker’s attempt to revitalize its business, calling the move a positive for the company. The news brings an end to a tumultuous… Continue Reading…
March 12, 2025
“…Tesla shares are down 40% year to date and are the worst-performing component of the “Magnificent Seven” stocks — which also include Apple (AAPL), Amazon (AMZN), Nvidia (NVDA), Google (GOOG), Microsoft (MSFT), and Meta (META)…” https://finance.yahoo.com/news/apples-ai-strategy-is-showing-troubling-cracks-150559429.html Buy the dip. (with… Continue Reading…
March 11, 2025
“The Dow Jones Industrial Average fell Tuesday after President Donald Trump placed additional tariffs on Canadian steel and aluminum coming into the U.S. The 30-stock average lost 565 points, or 1.4%, while the S&P 500 dropped 1%. The Nasdaq Composite slipped 0.6%. In a Truth Social… Continue Reading…
March 10, 2025
“…The Dow Jones Industrial Average dropped 392 points, or 0.9%. The S&P 500 shed 1.8%, and the Nasdaq Composite lost 2.8%. The tech-heavy Nasdaq was weighed down by declines in the “Magnificent Seven” cohort. Tesla shed 6%, Alphabet fell 4%, Meta lost 3% and AI darling Nvidia slipped 2%….” https://www.cnbc.com/2025/03/09/stock-market-news-today-live-updates.html How long have I… Continue Reading…
February 12, 2025
https://finance.yahoo.com/news/the-magnificent-7-trade-is-struggling–heres-why-181716458.html I don’t care enough to read what the article has to say. The magnificent 7 are overvalued. It’s that simple. The current stock market is top heavy. Smaller companies are not overvalued as much. If the stock market tanks… Continue Reading…
February 7, 2025
Honeywell ended months of speculation on Thursday by announcing it would split into three listed companies: Honeywell Automation, Honeywell Aerospace, and Advanced Materials. The automation business will stay focused on building that technology, while aerospace is dedicated to tech for plane cockpits.… Continue Reading…
January 27, 2025
“U.S. technology firms like Nvidia plunged, as Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector, triggering a global sell-off. DeepSeek launched a free, open-source large language model in late December, claiming it was… Continue Reading…
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