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Stocks

“Dow Jones Drops To Kick Off Busy Week; SoFi Stock Surges 22% On First-Ever Profit”

January 30, 2024

“…Meanwhile, Friday’s January employment report is expected to show that employers added 165,000 jobs. Shares of SoFi Technologies soared 22% in early action, set to retake their key 50-day moving average line. Early Monday, the company reported earnings of 2… Continue Reading…

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Business

“92% of young people would sacrifice other perks for a 4-day workweek”

November 1, 2023

https://www.cnbc.com/2023/11/01/what-young-people-would-give-up-for-a-4-day-workweek.html Instead of quoting this article I’ll make a few comments instead. You know how a person can achieve their desires in a job? Stop putting up with B.S. [For lack of a better term] If you want a 4… Continue Reading…

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Stocks

“Klaviyo stock surges 23% as investors cheer the 3rd IPO in a week”

September 21, 2023

“Klaviyo stock rallied as much as 23% after it debuted on Wednesday, following Instacart’s splashy IPO on Tuesday as well as Softbank-backed Arm’s launch last week. The software company, founded in 2012, priced 19.2 million shares on Tuesday at $30 each, giving Klaviyo about… Continue Reading…

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Stocks

“S&P 500 opens higher Monday to kick off a busy week of earnings…”

July 24, 2023

“The S&P 500 edged higher Monday as investors awaited a batch of key earnings reports and a major policy decision from the Federal Reserve. The Dow Jones Industrial Average gained 0.16%. The S&P 500 and Nasdaq Composite rose 0.29% and… Continue Reading…

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Banking, Stocks

“PacWest stock plunges 23% after losing 9.5% of deposits last week”

May 12, 2023

“Regional bank stocks fell again Thursday after troubled California lender PacWest (PACW) disclosed it lost 9.5% of deposits last week on a wave of new pessimism surrounding the industry. The Beverly Hills, Calif.-based institution first came under investor scrutiny following… Continue Reading…

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Business, Precious Metals

“Gold Miners Newmont, Newcrest Extend Takeover Talks by a Week”

May 12, 2023

“Talks to secure the biggest ever gold-mining deal will be extended after Newmont Corp. and Newcrest Mining Ltd. failed to reach a binding agreement in the time originally allotted… Newmont, the world’s biggest gold miner, made a non-binding offer to… Continue Reading…

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Stocks

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

April 27, 2023

“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…

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Business

“Billionaire investment guru Warren Buffett issues stark inflation warning: ‘Fiscal deficits have consequences’ – after rate rose to 5.4% and Wall Street saw its worst week of 2023”

February 27, 2023

“Billionaire investor Warren Buffett sent out a clear warning to his shareholders as the Fed‘s inflation measure jumped to 5.4 percent over the last month. In his much acclaimed annual letter to Berkshire Hathaway shareholders, Buffett, 92, warned that ‘huge and entrenched… Continue Reading…

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Business, Economy

“Amazon reportedly plans to lay off about 10,000 employees starting this week”

November 14, 2022

“Amazon is planning to lay off approximately 10,000 employees in corporate and technology roles beginning this week, according to a report from The New York Times. Separately, The Wall Street Journal also cited a source saying the company plans to lay off thousands of… Continue Reading…

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Business

“Facebook Parent Meta Is Preparing to Notify Employees of Large-Scale Layoffs This Week”

November 7, 2022

“Meta Platforms Inc. META 6.17%increase; green up pointing triangle is planning to begin large-scale layoffs this week, according to people familiar with the matter, in what could be the largest round in a recent spate of tech job cuts after the industry’s rapid growth during the… Continue Reading…

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