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Business

“Buffett’s Berkshire Hathaway gains as insurance lifts first-quarter profit and cash nears $200 billion”

May 6, 2024

“… …” https://www.cnbc.com/2024/05/06/berkshire-hathaway-gains-as-insurance-lifts-first-quarter-profit-and-cash-nears-200-billion.html That 200 billion will be used to buy up the markets after they collapse. They are waiting for the commercial real estate crisis. It’s going to affect the banks which will affect everything else.

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Economy

“Retail sales rose sharply in the first quarter — and could boost U.S. GDP”

April 17, 2024

“The numbers: Sales at retailers rose a robust 0.7% in March and outlays in the prior month were also stronger than previously reported, indicating the economy got a boost from consumer spending in the first quarter. Economists polled by The… 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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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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Stocks

“Reddit shares plunge almost 25% in two days, finish the week below first day close”

April 2, 2024

“…Shares closed at $49.32, ending the week below their closing price on Reddit’s first day of trading on the New York Stock Exchange. They closed at $50.44 last Thursday. Stock markets are closed on Good Friday… Reddit shares started off the week… Continue Reading…

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Stocks

“Reddit prices IPO at $34 per share in first major social media offering since 2019”

March 28, 2024

“Reddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range. The offering brought in $519 million, according to a press release, and values the company at… Continue Reading…

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Precious Metals

“Gold Retreats After Topping $2,200 an Ounce for the First Time”

March 26, 2024

“…The precious metal rose as much as 1.6% to a record $2,220.89 in early trading before erasing gains to drop as much as 0.9%. Gold has rallied nearly 10% since mid-February as the outlook for looser US monetary policy triggered… Continue Reading…

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Stocks

“Shares of Dick’s Sporting Goods soar 15% on holiday earnings beat, dividend raise”

March 19, 2024

“… …” https://www.cnbc.com/2024/03/14/dicks-sporting-goods-dks-earnings-q4-2023.html

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Energy

“Gen Z are treating employers like bad dates: 93% ghost interviews and 87% have not even shown up for their first day of work”

February 22, 2024

https://finance.yahoo.com/news/gen-z-treating-employers-bad-121633798.html I don’t care about what this article has to say. I say good for Gen Z if they can afford it. Do what makes you happy. At the end of the day that’s all what matters. In reality work… Continue Reading…

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Stocks

“Meta shares surge 20% on soaring profit, better-than-expected guidance and first-ever dividend”

February 7, 2024

“Meta shares closed up more than 20% on Friday after the company reported a tripling in fourth-quarter profit and issued its first-ever dividend. Revenue rose 25% in the fourth quarter for Meta to $40.1 billion from $32.2 billion a year earlier.… Continue Reading…

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