Cart

0

Stocks

“Intel Crashed 30%. Is the Stock a Sell or a Bad-News Buy?”

https://finance.yahoo.com/news/intel-crashed-30-stock-sell-091500373.html I’m not going to read this. I don’t think it is. My opinion on long term stocks is unless its energy or commodes in general its better to wait to invest after the market crashes. There are exceptions but… Continue Reading…

Banking, Stocks

“SoftBank shares tank near 19%, wiping off $4.6 billion from founder Masayoshi Son’s fortune”

“SoftBank Group shares tanked nearly 19% on Monday amid a global sell-off, wiping off billions of dollars from founder Masayoshi Son’s fortune. On Monday, Son’s net worth fell by $4.6 billion alone, according to the Forbes real-time billionaires list. Monday’s… Continue Reading…

Economy

“Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%”

“Nonfarm payrolls grew by just 114,000 in July, below the downwardly revised 179,000 in June and the Dow Jones estimate for 185,000. The unemployment rate edged higher to 4.3%, its highest since October 2021, triggering an economic rule on recessions.… Continue Reading…

Business

“FedEx to cut daytime domestic flight activity by 60%”

“…The parcel logistics giant will reduce daytime domestic flying time by 60% and the number of city destinations by 55%, which will add about 500 pilots to the existing surplus, said Justin Brownlee, senior vice president for flight operations and… Continue Reading…

Stocks

“Southwest profit falls 46% as airline takes ‘urgent’ steps to increase revenue”

“…Here is how Southwest performed in the second quarter compared with Wall Street expectations, according to consensus estimates from LSEG: The Dallas-based airline said its second-quarter revenue rose 4.5% from last year to $7.35 billion, a record, but its profit dropped more… Continue Reading…

Business

“JPMorgan Hikes BYD’s Price Target by More Than 80% on Outlook”

“JPMorgan Chase & Co.’s analysts raised their price targets for BYD Co. by more than 80% on expectations the Chinese automaker will deliver 6 million vehicles globally in the next two years… BYD has focused on boosting international sales and… Continue Reading…

Stocks

“Corning shares pop 12% as AI boom drives stronger-than-expected demand for equipment”

“Corning shares closed up 12% Monday after the company raised its second-quarter guidance, marking the stock’s best trading day since March 2020. The company, known for developing the Gorilla Glass used for Apple iPhones and other phones, credits the outperformance to demand for its optical connectivity… Continue Reading…

Economy, Stocks

“The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says”

“…The stock market will crash 32% in 2025 as the Federal Reserve fails to prevent a recession, according to the most bearish strategist on Wall Street. Peter Berezin, chief global strategist at BCA Research, said in a recent note that a recession… Continue Reading…

Stocks

“Tesla shares wipe out loss for the year with 27% rally this week”

“Tesla’s stock price rose enough on Friday to wipe out its loss for the year and bring its gain for the week to 27%. Shares of the electric vehicle maker closed Friday at $251.55. They ended last year at $248.48, and… Continue Reading…

Business

“Job scams surged 118% in 2023, aided by AI. Here’s how to stop them”

“… …” https://www.cnbc.com/2024/07/07/job-scams-surged-118percent-in-2023-aided-by-ai-heres-how-to-stop-them.html How do you stop scams? Meet the people in person. This lowers risk dramatically. Scams are far less likely to happen when you’re in strangling range of the scammer. I don’t recommend violence. I’m just stating the… Continue Reading…