September 25, 2024
“Following its Capital Markets Day on Wednesday, T-Mobile (NASDAQ: TMUS) announced a whopping 35% increase to its dividend. T-Mobile just introduced a dividend to shareholders last year for the first time… In the wake of Analyst Day, analysts at Evercore raised their price… Continue Reading…
September 24, 2024
“…The 10-year Treasury yield was last down around 1 basis point at 3.732%. The 2-year Treasury note yield fell around 2 basis points at 3.585%. The yield on the 10-year Treasury was higher by almost 8 basis points for the… Continue Reading…
September 24, 2024
“Mercedes shares fell more than 6% Friday after becoming the latest carmaker to cut its 2024 guidance. The German carmaker cited weaker demand from China as the main driver of the downgrade. The auto sector was dragged lower on the… Continue Reading…
September 24, 2024
“…The five-year contract, which has a maximum total value of $4.82 billion, will incrementally issue awards as work progresses. Intuitive Machines’ initial NSN award is worth $150 million. Intuitive Machines shares surged more than 40% in afternoon trading from its… Continue Reading…
September 23, 2024
“Jim Kavanaugh, CEO of World Wide Technology, told CNBC that people are “too smart” to accept artificial intelligence won’t alter their work environment. Business leaders shouldn’t “BS” employees about the impact of AI on jobs, Kavanaugh said, adding that they… Continue Reading…
September 23, 2024
“…The price of bitcoin was recently higher by 5% at $63,255.00, according to Coin Metrics, building on a rally underway before the central bank decision Wednesday. Bitcoin, similar to stocks, initially jumped and then pulled back as traders absorbed the news…” https://www.cnbc.com/2024/09/19/crypto-market-today.html… Continue Reading…
September 23, 2024
“…The so-called dot plot indicated that 19 FOMC members, both voters and nonvoters, see the benchmark fed funds rate at 4.4% by the end of this year, equivalent to a target range of 4.25% to 4.5%. The Fed’s two remaining… Continue Reading…
September 23, 2024
“There are more than 4,500 bank subsidiaries in the U.S., according to the Federal Deposit Insurance Corporation. However, there is a wide discrepancy in size. Four banks — JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo — each have at least $1.6 trillion in… Continue Reading…
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