Chewie2000
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The overall market pulled back for the second day in a row Thursday after a semiconductor sell-off Wednesday.
The S&P 500 and Nasdaq were negative for the week, while the Dow remained green for the week despite facing the strongest pullback.
The $Dow Jones Industrial Average(.DJI.US$ led the way lower, falling 1.19% by the 4 pm ET closing numbers. The $Nasdaq Composite Index(.IXIC.US$ fell 0.82%, while the $S&P 500 Index(.SPX.US$ eased 0.8...
The S&P 500 and Nasdaq were negative for the week, while the Dow remained green for the week despite facing the strongest pullback.
The $Dow Jones Industrial Average(.DJI.US$ led the way lower, falling 1.19% by the 4 pm ET closing numbers. The $Nasdaq Composite Index(.IXIC.US$ fell 0.82%, while the $S&P 500 Index(.SPX.US$ eased 0.8...
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Chewie2000
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The Delaware Chancery Court nullified Elon Musk's $56 billion compensation package in January, leaving him without pay for six years. Despite this, $Tesla(TSLA.US$is allowing stockholders to ratify Musk's 2018 pay package at the annual meeting on June 13. Tesla board chair Robyn Denholm urged shareholders to approve Elon Musk's $56 billion pay package to prevent him from leaving the company. Denholm emphasized that reapproving the 2...
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Chewie2000
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Earnings Preview
As a new week of earnings announcements approaches, all eyes are on Carnival, Micron, and Nike, each set to disclose their financial performance.
$Carnival(CCL.US$ is set to kick off the week with its second-quarter fiscal 2024 earnings release on June 25, before the market opens. The cruise giant has been riding a wave of improved booking activities, with a strong pricing environment and increased adver...
As a new week of earnings announcements approaches, all eyes are on Carnival, Micron, and Nike, each set to disclose their financial performance.
$Carnival(CCL.US$ is set to kick off the week with its second-quarter fiscal 2024 earnings release on June 25, before the market opens. The cruise giant has been riding a wave of improved booking activities, with a strong pricing environment and increased adver...
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In other words, tech bubble
Chewie2000
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On June 12, the U.S. Bureau of Labor Statistics will release CPI data for May at 8:30 a.m. ET. Economists anticipate the report will provide additional evidence that inflation is returning to a cooling trend after flaring up in Q1. Bloomberg statistics show analysts expect the headline CPI to increase by 0.1% during May, which would amount to a 3.3% YoY rise, while core CPI will likely increase by 0.3% MoM...
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Chewie2000
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The 13F filing for the hedge fund led by the late Jim Simons (RIP) just dropped and we got you covered
Here's a breakdown of the biggest moves:
🔴 SOLD (ranked by largest prev. portfolio %)
$Exxon Mobil(XOM.US$ : 0.70%
$Boeing(BA.US$ : 0.43%
$GE Aerospace(GE.US$ : 0.41%
$Alphabet-C(GOOG.US$ : 0.31%
$Netflix(NFLX.US$ : 0.31%
$Disney(DIS.US$ : 0.24%
🟢 NEW (ranked by portfolio %):
$Chevron(CVX.US$ : 0.52% ...
Here's a breakdown of the biggest moves:
🔴 SOLD (ranked by largest prev. portfolio %)
$Exxon Mobil(XOM.US$ : 0.70%
$Boeing(BA.US$ : 0.43%
$GE Aerospace(GE.US$ : 0.41%
$Alphabet-C(GOOG.US$ : 0.31%
$Netflix(NFLX.US$ : 0.31%
$Disney(DIS.US$ : 0.24%
🟢 NEW (ranked by portfolio %):
$Chevron(CVX.US$ : 0.52% ...
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Chewie2000
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Alright, folks, gather 'round! We have a financial rollercoaster update from none other than Michael Burry. You know, the guy from *The Big Short* who made bank predicting the 2008 housing crash. This time, he's back and he's got his eyes on Chinese tech stocks.
So picture this: it's 2023, and Burry's playing a game of stock market hokey-pokey. He put his left foot in, took his left foot out, then shook it all about with Chinese tech shares. And guess what? Thi...
So picture this: it's 2023, and Burry's playing a game of stock market hokey-pokey. He put his left foot in, took his left foot out, then shook it all about with Chinese tech shares. And guess what? Thi...
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Chewie2000 : Great article.