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...
![Wall Street Today | Market Faces Second-Day Pullback](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240717/1721161187004-3fe5f058dd.png/thumb?area=999&is_public=true)
![Wall Street Today | Market Faces Second-Day Pullback](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240719/1721334119593-1f657b068b.png/thumb?area=999&is_public=true)
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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...
![Everything You Should Know About the Elon Musk Pay Package Vote](https://ussnsimg.moomoo.com/sns_client_feed/71445112/20240612/1718185312491-ad6c6c2f84.jpeg/thumb?area=100&is_public=true)
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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...
![What to Expect in the Week Ahead (CCL, MU and NKE Earnings; U.S. PCE Index)](https://ussnsimg.moomoo.com/sns_client_feed/77777014/20240623/82c9d4dc42b04c578e0a01e1f504a43c.jpg?area=999&is_public=true)
![What to Expect in the Week Ahead (CCL, MU and NKE Earnings; U.S. PCE Index)](https://ussnsimg.moomoo.com/sns_client_feed/77777014/20240623/f248393a4b144d9a899f73e0c965c317.jpg?area=999&is_public=true)
![What to Expect in the Week Ahead (CCL, MU and NKE Earnings; U.S. PCE Index)](https://ussnsimg.moomoo.com/sns_client_feed/77777014/20240623/ce21031850df424ebd7927cf9dd2c2e5.jpg?area=999&is_public=true)
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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...
![US May CPI Preview: Will Eased Inflation Justify the Viability of a Third-Quarter Rate Cut?](https://ussnsimg.moomoo.com/sns_client_feed/77777018/20240611/fee9c22d56c44131a947d6e68fc1af0c.png?area=100&is_public=true/thumb)
![US May CPI Preview: Will Eased Inflation Justify the Viability of a Third-Quarter Rate Cut?](https://ussnsimg.moomoo.com/sns_client_feed/77777018/20240611/618d82ec668f4582855b3d744094ab89.png?area=100&is_public=true/thumb)
![US May CPI Preview: Will Eased Inflation Justify the Viability of a Third-Quarter Rate Cut?](https://ussnsimg.moomoo.com/sns_client_feed/77777018/20240611/a37f90cbbd854c65a42623b69075f8d2.png?area=100&is_public=true/thumb)
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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% ...
![Renaissance Technologies has completely sold out of their Google, Netflix, and Disney positions](https://ussnsimg.moomoo.com/sns_client_feed/71465537/20240516/96ae2025928b40e185d805ef7aa4c5df.jpg/thumb?area=100&is_public=true)
![Renaissance Technologies has completely sold out of their Google, Netflix, and Disney positions](https://ussnsimg.moomoo.com/sns_client_feed/71465537/20240516/e139567163244a78812fa450ea1235d4.jpg/thumb?area=100&is_public=true)
![Renaissance Technologies has completely sold out of their Google, Netflix, and Disney positions](https://ussnsimg.moomoo.com/sns_client_feed/71465537/20240516/881a2ddfec6c49c68416e3e8aec8ba9c.jpg/thumb?area=100&is_public=true)
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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.