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Economy

“Consumer prices rose 3.5% from a year ago in March, more than expected”

April 11, 2024

“…The CPI, a broad measure of goods and services costs across the economy, rose 0.4% for the month, putting the 12-month inflation rate at 3.5%, or 0.3 percentage point higher than in February, the Labor Department’s Bureau of Labor Statistics reported Wednesday. Economists… Continue Reading…

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Business, Stocks

“Micron Technology Stock Has 21% Upside, According to 1 Wall Street Analyst”

April 9, 2024

“Shares of Micron Technology (NASDAQ: MU) have surged to new highs this year as the memory chip leader is on the verge of returning to profitable growth. The stock still has room to run, according to Citi analyst Christopher Danely. After talking with the company’s… Continue Reading…

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Business

“Apple supplier Foxconn posts 9% fall in first-quarter revenue, sees growth ahead”

April 8, 2024

“Apple iPhone manufacturer Foxconn on Friday posted a dip of 9.6% in revenue for the first quarter of 2024, compared with the same period last year. The company, which trades as Hon Hai Precision Industry in Taiwan, recorded first-quarter revenue of 1.32 trillion New Taiwan dollars… Continue Reading…

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Stocks

“Teladoc CEO departs the company after stock’s 95% fall from 2021 highs”

April 8, 2024

“…The company’s board of directors has temporarily appointed Mala Murthy, chief financial officer, as Gorevic’s replacement and hired an executive search firm to determine a permanent successor. Shares of Teladoc closed up more than 1% Friday but are down about… Continue Reading…

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Business

“Samsung expects first-quarter profit to soar 931% as memory chip prices rebound”

April 8, 2024

“Samsung Electronics on Friday said it expects to post a 931% increase in first quarter operating profit, as chip prices rebound. Operating profit in the January-March quarter likely rose to 6.6 trillion Korean won ($4.89 billion), up 931% from a… Continue Reading…

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Economy

“Job growth zoomed in March as payrolls jumped by 303,000 and unemployment dropped to 3.8%”

April 5, 2024

“…Nonfarm payrolls increased 303,000 for the month, well above the Dow Jones estimate for a rise of 200,000 and higher than the downwardly revised 270,000 gain in February, the Labor Department’s Bureau of Labor Statistics reported Friday…” https://www.cnbc.com/2024/04/05/job-growth-totaled-303000-in-march-better-than-expected-and-unemployment-was-3point8percent.html I dont… Continue Reading…

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Business

“[Amazon]… It Soared 950% Over the Last Decade and It’s Still a Top Buy”

April 5, 2024

“…Despite gaining 950% over the past decade, analysts at JPMorgan Chase still selected Amazon as their “best idea” in 2024, citing three reasons the company could create more shareholder value…” https://finance.yahoo.com/news/meet-newest-artificial-intelligence-ai-085500319.html

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Business, Stocks

“Tesla shares fall after deliveries drop 8.5% from a year ago”

April 3, 2024

“Tesla shares fell on Tuesday after the company reported a drop in vehicle deliveries in the first quarter, the first annual decline since 2020, when the global pandemic disrupted production. Here are the key numbers: Total deliveries Q1 2024: 386,810Total production… Continue Reading…

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Stocks

“Trump Media stock closes 21% lower after company reports $58 million loss for 2023”

April 3, 2024

“The share price of Trump Media closed trading 21.47% lower on Monday, hours after the social media app company tied to former President Donald Trump reported a net loss of $58.2 million on revenue of just $4.1 million in 2023. Trump Media & Technology Group shares plunged… Continue Reading…

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Economy, Energy

“No Money, No Purchases, China’s EV Firms in a Bloody Survival Battle, 70% of Brands to Vanish”

April 2, 2024

The scam is starting to fall apart. Smart companies are switching back to gas or hybrids. EV’s are a scam. Do not buy them. They are designed to destroy economies and control populations.

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