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Stocks

“Meta’s 450% Surge Offers Potential for Next Tech Stock Split”

“Meta is the only stock in the so-called Magnificent Seven that hasn’t ever split shares. And, though the stock is off all-time highs hit in April, it’s up more than 450% from a 2022 trough. Trading at more than $500… Continue Reading…

Stocks

“Computing firm Raspberry Pi pops 38% in rare London market debut” [JUN 11 2024]

“Shares of Raspberry Pi surged Tuesday, rallying by more than 38%, as the British computing startup sought to raise some £166 million ($211.2 million) from its initial public offering…” https://www.cnbc.com/2024/06/11/rasperry-pi-ipo-computing-firm-to-raise-211-million.html

Stocks

“Nvidia slides 13% in three days after briefly becoming most valuable company”

“… …” https://www.cnbc.com/2024/06/24/nvidia-slides-13percent-in-three-days-after-becoming-most-valuable-company.html This stock is linked to AMC and GME because hedge-funds are using Nvidia as leverage for funds to short sell AMC and GME.

Business

“Payhawk, a $1 billion corporate card startup, plans M&A shopping spree after 86% sales growth”

“AMSTERDAM — Corporate payments startup Payhawk told CNBC it is planning mergers and acquisitions to grow its footprint in the corporate spend management world and take on big players like SAP. Bulgarian-founded Payhawk said it is looking to acquire a company or companies at… Continue Reading…

Business

“Flight attendant union rejects American Airlines’ proposed 17% pay raise”

“The labor union that represents American Airlines flight attendants on Wednesday rejected a company proposal to immediately raise pay by 17%. CEO Robert Isom offered flight attendants immediate 17% wage increases earlier Wednesday as contract talks continue without a deal, bringing the… Continue Reading…

Stocks

” Magnificent Stock Down 78% to Buy Hand Over Fist”

“…SentinelOne (NYSE: S) specializes in automated cybersecurity software driven by AI, which reduces the workload on human operators so that fewer incidents slip through. SentinelOne stock is trading 78% below its all-time high that was set during the 2021 tech frenzy. However,… Continue Reading…

Stocks

“Berkshire Hathaway stock appears to drop 99.9% after NYSE technical glitch”

“A technical glitch on the New York Stock Exchange shortly after the market open on Monday temporarily showed incorrect stock prices or volatility halts on several stocks, most notably a 99.9% drop in the price of Warren Buffett’s Berkshire Hathaway… Continue Reading…

Business, Economy

“Are You Richer Than Your Peers? The Net Worth Needed To Be In The Top 10% Of Your Age”

“The net worth required varies significantly by age group, with older Americans generally having more time to accumulate wealth: • 18-29: $281,550 • 30-39: $711,400 • 40-49: $1,313,700 • 50-59: $2,629,060 • 60-69: $3,007,400 • 70+: $2,862,000 …” https://finance.yahoo.com/news/richer-peers-net-worth-needed-200324549.html

Business, Economy

“Generative AI Sales Could Surge 2,026%: Here’s My Pick for the Best AI Stock to Buy Now (Hint: Not Nvidia)”

“…Bloomberg Intelligence says generative AI sales across hardware, software, and services could soar 2,026% to $1.4 trillion by 2032. That puts investors in front of a once-in-a-generation opportunity… Alphabet shares trade at a reasonable valuation Going forward, digital ad spending… Continue Reading…

Economy, Stocks

“The S&P 500 could plunge as much as 70% this cycle as markets hit a ‘motherlode’ of FOMO extremes, famed fund manager says”

“…All-time highs in the stock market give the impression of a runaway rally, but it’s a bull run that will eventually come crashing down, John Hussman said in a new note. The legendary bear, famed for predicting the 2000 and 2008… Continue Reading…