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Stocks

“Magnificent Seven set to shed $1 trillion in value, led by Apple, Nvidia”

“High-performing shares of Alphabet, Amazon, Meta Platforms, Microsoft and Tesla fell as much as 12.2% in premarket trading. The losses in the Magnificent Seven stocks were set to wipe out nearly $1 trillion from the combined market value of the… Continue Reading…

Business

“Bank of America accused of religious and political ‘discrimination’ by ‘de-banking’ or refusing to service Trump supporters, Christian churches and Republican-led states want answers”

“A dozen Republican-led states plan to send a letter to Bank of America demanding an explanation for why it allegedly de-banked Christian and other conservative groups…” https://www.dailymail.co.uk/news/article-13310697/republican-states-bank-america-trump-christian-loan-blocking-discrimination.html  No need to long quotes everyone gets the point. It’s obvious Bank of… Continue Reading…

Business

“Israel’s Cyera triples valuation to $1.4 bln in funding led by U.S. investment firm”

“April 9 (Reuters) – Israel’s data security firm Cyera has tripled its valuation to $1.4 billion in less than a year as it raised fresh capital in a series C funding led by U.S. tech-focused fund Coatue Management… The rapid… Continue Reading…

Economy, Stocks

“Beware this stock market rally because it’s reminiscent of what led up to the 2008 crisis, JPMorgan Asset Management CIO says”

“…Investors should be wary of the ongoing stocks rally because it doesn’t reflect looming economic risks, and is reminiscent of the months that led up to the 2008 financial crisis, according to JPMorgan Asset Management’s chief investment officer. Bob Michele told… Continue Reading…

Stocks

“S&P 500 rises Friday led by Apple, but still heads for fourth-straight down week”

“The market is set to wrap up a roller-coaster week with the S&P 500 headed for its worst month since March 2020. The Dow Jones Industrial Average rose about 220 points, or 0.7%. The S&P 500 ticked up 1.3%. The… Continue Reading…

Predictions, Opinions, & Comments, Stocks

Raxxmorz’s Market Projections Proven Correct. If You Listened You Made Money

“Airline stocks rally, led by American Airlines, after Deutsche Bank’s sector-wide upgrade to buy” “Among the biggest premarket gainers, shares of American Airlines shot up 5.8%, JetBlue Airways Corp. rallied 2.1%, Delta Air Lines Inc. rose 1.6%, Southwest Airlines Co.… Continue Reading…

Economy

“US grocery costs jump the most in 46 years, led by rising prices for meat and eggs”

“Prices Americans paid for eggs, meat, cereal and milk shot higher in April as people flocked to grocery stores to stock up on food… The Labor Department reported Tuesday that prices U.S. consumers paid for groceries jumped 2.6% in April,… Continue Reading…