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Stocks

“Apple stock will soar 36% as it gears up to launch an AI-enable iPhone, BofA says”

“…Apple stock is a “top pick” for 2024 and has potential upside of 36% as it gears up for the launch of an AI-enabled iPhone, according to Bank of America. The bank reiterated its “Buy” rating and $225 price target for… Continue Reading…

Economy

“67% of pandemic ‘boomerang kids’ are still living with mom and dad”

“At the height of the Covid pandemic, many young adults moved back in with mom and dad. It was an unprecedented moment of uncertainty; college campuses were closed, and jobs were scarce. More than two years later, 67% of millennials… Continue Reading…

Cryptocurrencies

“SpaceX accepts Dogecoin as payment to launch ‘DOGE-1 mission to the Moon’ next year”

“Elon Musk’s SpaceX will launch the “DOGE-1 Mission to the Moon” in the first quarter of 2022, with the company accepting the meme-inspired cryptocurrency as full payment for the lunar payload. Geometric Energy Corporation announced the dogecoin-funded mission on Sunday, which SpaceX’s… Continue Reading…

Banking, Economy

“Fed launches 2 emergency programs last seen in 2008 crisis”

“The first, announced mid-morning, is intended to unclog a short-term lending market for what is known as “commercial paper.” Large businesses issue commercial paper, which is essentially the equivalent of an IOU, to raise cash to meet payrolls and cover… Continue Reading…

Business, Economy

“Apple TV+ spending more than $6 billion on new shows, plans to launch before Disney+: report”

” Apple Inc. AAPL, +1.60% has committed to spending more than $6 billion on original content for its upcoming streaming-video service, which it expects to launch within two months, the Financial Times reported Monday. … Bloomberg News report Monday said Apple is weighing a price of $9.99… Continue Reading…

Business, Investing, Stocks

“U.S. SEC to review stock trading rules in big potential shakeup”

“The U.S. Securities and Exchange Commission is launching a review of the main set of rules governing stock trading, opening the door to the biggest potential changes in a decade-and-a-half, the head of the agency said on Friday. The possible… Continue Reading…