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Banking, Economy, Real Estate

“The Real Estate Crisis Looming Over Banks”

February 12, 2024

“…Fears are now rising among investors over the United States’ distressed commercial real estate sector. This comes as a crucial lifeline created during last year’s banking crisis is set to expire. N.Y.C.B.’s shares plunged as much as 15 percent in… Continue Reading…

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Economy

“TUCKER CARLSON – THE VLADIMIR PUTIN INTERVIEW…” [WATCH HERE]

February 9, 2024

This interview affects the world which also affects the world economy which is what this website is about. In any case this interview is a must watch in my opinion.

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Stocks

“Palantir stock jumps 19% as AI demand drives revenue beat”

February 9, 2024

“Palantir shares surged more than 19% in after-hours trading on Monday after the company reported fourth-quarter earnings that beat analysts’ expectations for revenue. Full-year guidance for 2024 came roughly in line with Wall Street’s estimates… Revenue in the fourth quarter increased 20% to… Continue Reading…

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Business

“Novo Nordisk parent to buy Catalent for $16.5 billion to expand Wegovy supply”

February 9, 2024

“Danish drugmaker Novo Nordisk’s parent company, Novo Holdings, on Monday said it will acquire drug manufacturer Catalent in a $16.5 billion deal that could help boost the supply of the highly popular weight loss injection Wegovy and diabetes shot Ozempic… Novo Nordisk will then buy three of Catalent’s manufacturing… Continue Reading…

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Business, Stocks

“Mastercard Stock Closes At All-Time High; Hits Key Threshold”

February 9, 2024

“Mastercard (MA) is putting on a masterful show for investors and reached another all-time high on Thursday. Additionally, the Relative Strength (RS) Rating for Mastercard stock climbed from 78 to 84 Thursday, passing a key milestone along the way… The New York-based company… Continue Reading…

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Uncategorized

Help Raxxmorz Grow: Click Here

February 8, 2024

Like what you read? Awesome. Help us provide more content by donating. These donations will allow us dedicate more time to the website. Click the link below. https://donate.stripe.com/dR6dQQeq30fjcta144 You can also join on Locals https://www.locals.com/feed/65121/raxxmorz-community Feel free to leave any… Continue Reading…

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Economy

“US Trade Deficit Narrowed Last Year by the Most Since 2009”

February 8, 2024

“The annual trade shortfall shrank nearly 19% to $773.4 billion from a record in 2022, Commerce Department data showed Wednesday. In December, the deficit in goods and services trade widened slightly from the prior month to $62.2 billion. The figures… Continue Reading…

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Stocks

“BP earns $3 billion at the end of last year but saw its annual profit fall by half from 2022”

February 8, 2024

“Oil and natural gas giant BP beat expectations on Tuesday with earnings of $3 billion in the last three months of 2023, bringing last year’s total to half its record 2022 profit as energy prices have fallen since spiking after Russia’s invasion… Continue Reading…

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Business

“Alibaba’s 80% Loss May Extend on Competition Worries”

February 8, 2024

“Investors looking for an end to the freefall in shares of Chinese e-commerce company Alibaba Group Holding Ltd. may be in for a long wait, if options traders are correct. The stock’s 75% tumble from a 2020 record high has… Continue Reading…

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Economy, Energy

Attack On Energy Sector: “Biden administration pauses new liquified natural gas development”

February 7, 2024

“…LNG is an important fuel source, particularly in Europe. Much of the gas comes from the Texas oil fields. It’s piped to terminals along the Gulf Coast, where it’s liquified and loaded into large ships. Late last week, however, the Biden… Continue Reading…

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