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Stocks

AMC / Meme Stock Update 6/21/24

June 21, 2024

Theres not much time until the stock market open so I’ll keep this short for now. I come back and update this article after either something big happens or the market closes. Stay tuned until then.

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Stocks

[Stock Manipulation] “AMC stock falls despite theaters’ best weekend of 2024 thanks to ‘Inside Out 2’” Plus My Predictions [6/18/24]

June 18, 2024

“AMC Entertainment Holdings Inc. said Monday that its theaters just had their best weekend of the year in terms of moviegoers, but that didn’t stop the company’s shares from dropping in sympathy with those of fellow meme stock GameStop Corp.… Continue Reading…

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Economy, Stocks

“Dow Jones Slides 375 Points After Jobless Claims, GDP; Salesforce Plunges 20% On Earnings” – May 30, 2024

June 4, 2024

“The Dow Jones Industrial Average tumbled 375 points Thursday after weekly unemployment claims and quarterly GDP data both came in weaker than expected. Dow Jones giant Salesforce (CRM) plunged on the stock market today after the company’s earnings report, while artificial intelligence… Continue Reading…

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Economy, Real Estate

“Skyrocketing rents and home prices may be pivotal in the 2024 election”

May 30, 2024

“…Housing is largely a local issue, yet it’s presenting a challenging and complex problem in Nevada and other battleground states with implications for this year’s race between President Biden and former president Donald Trump. Biden has proposed specific policies and… Continue Reading…

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Economy

“Nearly 50% of people are considering leaving their jobs in 2024—more than during the ‘great resignation’”

May 10, 2024

“In 2022, at the height of the “great resignation,” a record 4.5 million workers each month — about 3% of the U.S. workforce — were quitting their jobs.  While some economists have said this pandemic-era trend is over, new research from Microsoft… Continue Reading…

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Business, Stocks

“JetBlue shares tumble nearly 19% after airline lowers 2024 revenue outlook”

April 29, 2024

“…JetBlue has been on a cost-cutting spree, culling unprofitable routes, and focusing on those with steady demand and high sales for premium seats. The carrier last month called off its merger agreement with budget carrier Spirit Airlines after a judge blocked that $3.8 billion deal… Continue Reading…

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Business, Stocks

“United Airlines jumps 17% on strong earnings forecast, cuts 2024 fleet plan on Boeing delays”

April 22, 2024

“United Airlines shares surged more than 17% Wednesday to a seven-month high after the carrier forecast second-quarter earnings well ahead of Wall Street estimates despite ongoing delivery delays from Boeing. The airline expects to post earnings of between $3.75 and $4.25… Continue Reading…

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Economy, Precious Metals

“Copper prices climb to 2024 high as Citi calls the start of the metal’s second bull market this century”

April 11, 2024

“Soaring copper prices show no signs of slowing down, analysts say, with the red metal’s rally fueled by supply risks and improving demand prospects for energy transition metals. Copper prices with May delivery traded at $4.323 per pound in New York as of… Continue Reading…

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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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Cryptocurrencies

“Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024”

April 9, 2024

“…Ripple’s Brad Garlinghouse told CNBC he expects the entire value of the crypto market to double, citing macro factors including the arrival of the first U.S. spot bitcoin exchange-traded funds, as well as the upcoming so-called bitcoin “halving.”…” https://www.cnbc.com/2024/04/08/ripple-ceo-crypto-market-to-double-in-size-to-5-trillion-in-2024.html

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