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Stocks

“Lunar company Intuitive Machines’ stock surges 50% to trade above SPAC debut price”

“Shares of Intuitive Machines jumped for a third consecutive trading session, surpassing their post-SPAC debut price, as the company’s first mission completed further milestones as it approached the moon. Intuitive Machines’ stock surged as much as 65% in trading Tuesday to an… Continue Reading…

Stocks

“Intuitive Machines stock jumps after company says moon mission is in ‘excellent health’” [Feb 16]

“Shares of Intuitive Machines jumped for a second consecutive day after the company issued an update that said its moon lander mission “is in excellent health.” The Texas-based lunar company launched its inaugural cargo mission, known as IM-1, on a SpaceX rocket early… Continue Reading…

Stocks

“Shake Shack stock surges 26% on fourth-quarter profit, strong 2024 outlook” [Feb 15]

“Shares of Shake Shack surged 26% on Thursday after the burger chain delivered strong fourth-quarter earnings results. The stock reached a new 52-week high of $98.90 and is up more than 67% in the last 12 months…” https://www.cnbc.com/2024/02/15/shake-shack-shak-earnings-q4-2023.html

Stocks

“3 Hidden-Gem Penny Growth Stocks With 1,000% Upside”

“… …” https://investorplace.com/2023/12/3-hidden-gem-penny-growth-stocks-with-1000-upside/

Stocks

“Meme Traders Fuel 2,650% Spike in Battered Holographic-Tech Company”

“A battered Chinese company that’s developing holographic technology captured the attention of the meme stock crowd. The prize: a 2,650% jump. MicroCloud Hologram Inc. soared as high as $41.53 Thursday from a $1.50 record low earlier this week, with more… Continue Reading…

Business, Stocks

“SoftBank gets $7.6 billion T-Mobile stake windfall, shares soar”

“Shares in SoftBank Group jumped 5% on Wednesday after the Japanese tech conglomerate said it would receive shares in telco T-Mobile U.S. worth some $7.59 billion at no additional cost… The transaction bolsters the listed assets in SoftBank’s portfolio, doubling its T-Mobile U.S. stake to 7.64% from 3.75% currently, following the blockbuster listing… Continue Reading…

Economy

“Job openings increase in August, hitting highest level since May”

“…The latest Job Opening and Labor Turnover Survey, or JOLTS report, released Tuesday revealed there were 9.6 million jobs open at the end of August, an increase from the 8.92 million job openings in July. Economists surveyed by Bloomberg had expected there… Continue Reading…

Banking, Economy

“Fed’s Kashkari: 40% chance of needing ‘meaningfully’ higher rates”

“A “soft landing” for the U.S. economy is more likely than not, Minneapolis Federal Reserve Bank President Neel Kashkari said on Tuesday, but there is also a 40% chance that the Fed will need to raise interest rates “meaningfully” to… Continue Reading…

Stocks

“Meta [Facebook] shares pop 15% to 52-week high on guidance, sales increase”

“Meta shares gained more than 15% on Thursday, reaching a new 52-week high, as analysts and investors digested positive guidance for the upcoming fiscal quarter and an unexpected sales increase for the first quarter of 2023. The company reported strong… Continue Reading…

Economy

“Car insurance rates are expected to rise 8.4% in 2023…”

“Car insurance costs are on the rise in 2023. According to personal finance website ValuePenguin, insurance rates across the US are expected to rise by 8.4%, bringing the total average premium for full coverage to $1,780 per year. Pricier cars… Continue Reading…