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Stocks

“Dr. Martens shares plunge 30% to all-time low, trading briefly halted on weak outlook”

April 18, 2024

“Shares of Dr. Martens plunged 30% on Tuesday to hit a record low, after the shoemaker flagged a challenging 2025 outlook on the back of weaker revenues. Trading in the company shares was temporarily suspended on the London Stock Exchange… Continue Reading…

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Stocks

“Globe Life shares rebound 20% after plummeting more than 50% Thursday”

April 16, 2024

“Shares of Globe Life rebounded 20% Friday after sinking 53% Thursday following a short seller report alleging multiple instances of insurance fraud…” https://www.cnbc.com/2024/04/12/globe-life-shares-rebound-after-plummeting-over-50percent-thursday.html Following controversy is a good way to make money in stocks. The only problem is getting to the stock early enough. Scandals are… Continue Reading…

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Business

“Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo”

April 15, 2024

“Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares were down around 3% on Monday morning… Tesla shares have taken a bruising in recent months, falling… Continue Reading…

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Economy

“Job growth zoomed in March as payrolls jumped by 303,000 and unemployment dropped to 3.8%”

April 5, 2024

“…Nonfarm payrolls increased 303,000 for the month, well above the Dow Jones estimate for a rise of 200,000 and higher than the downwardly revised 270,000 gain in February, the Labor Department’s Bureau of Labor Statistics reported Friday…” https://www.cnbc.com/2024/04/05/job-growth-totaled-303000-in-march-better-than-expected-and-unemployment-was-3point8percent.html I dont… Continue Reading…

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Economy, Energy

“No Money, No Purchases, China’s EV Firms in a Bloody Survival Battle, 70% of Brands to Vanish”

April 2, 2024

The scam is starting to fall apart. Smart companies are switching back to gas or hybrids. EV’s are a scam. Do not buy them. They are designed to destroy economies and control populations.

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Stocks

“Chinese EV maker BYD targets 20% jump in annual sales – sources”

April 1, 2024

“Chinese electric vehicle maker BYD has set a 3.6- million-unit sales target for 2024, a jump of 20% from its record-breaking sales last year, according to three people who were familiar with the matter… The company’s Hong Kong shares sank… Continue Reading…

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Stocks

“2 Soaring Growth Stocks That Could Climb Another 47% to 73%, According to Wall Street”

March 29, 2024

“Shares of Viking Therapeutics (NASDAQ: VKTX) are up about 275% in 2023, but analysts on Wall Street think it isn’t finished climbing yet. The consensus price target on the clinical-stage biotech stock suggests a 47% gain could be up ahead…. Shares of Iovance Biotherapeutics (NASDAQ: IOVA) have more… Continue Reading…

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Stocks

“2 Stocks Down 73% and 83% to Buy Right Now” [Article Claims]

March 28, 2024

“…SoFi stock: Down 26% this year and 73% from its high… SoFi’s revenue increased 35% year over year to $615 million in the fourth quarter, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 159% to $181 million.… Continue Reading…

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Business

“Gucci owner Kering tanks 14% after Asia profit warning, dragging down Europe luxury brands”

March 25, 2024

“Shares of French luxury group Kering plunged 14% on Tuesday after the company warned that Gucci sales look set to fall 20% year-on-year in the first quarter, amid declining Asia transactions. The rare profit warning forecasts overall group revenues to drop 10%… Continue Reading…

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Stocks

“Nordstrom shares jump 9% on report retailer is trying to go private”

March 22, 2024

“…The retailer’s founding family is working with Morgan Stanley and investment bank Centerview Partners to determine if private equity firms have interest in a deal, Reuters reported, citing people familiar with the matter. Morgan Stanley declined to comment. A deal might not happen,… Continue Reading…

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