Steve O46
voted
$Amazon (AMZN.US)$
Amazon has been relentlessly pursuing a healthcare operation for the past several years, with a pileup of failures to show for its efforts.
That was, at least, until the pandemic hit.
The global outbreak of COVID-19 was a eureka moment for the tech and ecommerce giant, which led to the more coordinated health operation the company is building out today.
That's according to four Amazon health chief medical officers who gathered toge...
Amazon has been relentlessly pursuing a healthcare operation for the past several years, with a pileup of failures to show for its efforts.
That was, at least, until the pandemic hit.
The global outbreak of COVID-19 was a eureka moment for the tech and ecommerce giant, which led to the more coordinated health operation the company is building out today.
That's according to four Amazon health chief medical officers who gathered toge...
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Steve O46
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Despite continued supply chain challenges and plant shutdowns, Tesla's second quarter production and sales delivered eye-catching results.
Recently, Tesla released its production and delivery report for the second quarter of 2022, reporting a cumulative total of over 258,000 vehicles produced and over 254,000 vehicles delivered during the period. Of these, June was the highest month in Tesla's history for vehicle...
Recently, Tesla released its production and delivery report for the second quarter of 2022, reporting a cumulative total of over 258,000 vehicles produced and over 254,000 vehicles delivered during the period. Of these, June was the highest month in Tesla's history for vehicle...
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Steve O46
voted
It is impossible not to notice that the current inflationary climate has jacked up the prices of nearly everything –
but who is willing to pay $5,000 for a cocktail? $Disney (DIS.US)$ is betting someone with an XL-sized wallet is willing to belly up to the bar for that concoction.
According to a CNBC report, that pricey drink is being served on The Wish, the latest addition to the company's fleet of cruise liners. The Wish has its maiden v...
According to a CNBC report, that pricey drink is being served on The Wish, the latest addition to the company's fleet of cruise liners. The Wish has its maiden v...
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Steve O46
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According to this article (https://www.marketplace.org/2021/08/04/what-freight-rail-tells-us-about-the-economy/), Warren Buffett was once being asked which economic indicator he would choose if he were stranded on a desert island, and with access to only one set of economic statistics (e.g. consumer confidence, inflation, unemployment, etc.), and he picked freight rail traffic. The reason is that when rail is doing well, it usually means the eco...
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Steve O46
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Some said the Omicron variant can't stop people from going away for the holidays — and planning much-needed vacations for 2022. Travel-related stocks like cruises have led the subsequent market rebound as investors grow less fearful about the severity of the new variant.
However, reality doesn't seem to match the script. Since Friday, airlines scrubbed more than 1,500 U.S. flights, disrupting travel during the busy holiday weekend. $United Airlines (UAL.US)$ , $Delta Air Lines (DAL.US)$ , $American Airlines (AAL.US)$ and $JetBlue Airways (JBLU.US)$ cited the spread of omicron among crews as a reason for the cancellations.
Do you think the virus will once again sabotage the travel demands?
How will related stocks like $Airbnb (ABNB.US)$, $Carnival (CCL.US)$ , $SIA (C6L.SG)$ perform under the risk of omicron?
However, reality doesn't seem to match the script. Since Friday, airlines scrubbed more than 1,500 U.S. flights, disrupting travel during the busy holiday weekend. $United Airlines (UAL.US)$ , $Delta Air Lines (DAL.US)$ , $American Airlines (AAL.US)$ and $JetBlue Airways (JBLU.US)$ cited the spread of omicron among crews as a reason for the cancellations.
Do you think the virus will once again sabotage the travel demands?
How will related stocks like $Airbnb (ABNB.US)$, $Carnival (CCL.US)$ , $SIA (C6L.SG)$ perform under the risk of omicron?
![Daily Poll: Omicron snaps its fingers and kills travel demand?](https://ussnsimg.moomoo.com/1640579898357-77777000-android-org.gif/thumb)
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Steve O46
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U.S. futures rise as traders mull virus, China vow
U.S. equity futures rose Monday and the dollar was steady against major peers as traders weighed spiking coronavirus cases and a weekend pledge from China's central bank of greater economic support.
$S&P 500 Index (.SPX.US)$ and $NASDAQ 100 Index (.NDX.US)$ contracts gained, while those for Japan earlier pointed to a muted start. Crude oil and gold slipped. Bitcoin was trading at about $51,000 after a steady period over Christmas.
Meme madness, 68 new highs: superlatives abound in 26% S&P rally
Superlatives followed one after another in 2021's wild ride for U.S. stock investors. The most all-time highs in 26 years. Triple-digit rallies in some small caps thanks to retail-trader frenzies.
S&P 500's steady march higher has helped push it to a fresh record 68 times this year, the second-most ever, topped only by 1995. Put another way, the S&P managed a record close on nearly 30% of all trading days in 2021.
Holiday sales jump 8.5% as U.S. consumers return to retailers
U.S. holiday sales jumped 8.5% from last year, a report from $MasterCard (MA.US)$ SpendingPulse showed.
Sales surged 47% for apparel, 32% for jewelry and 16% for electronics compared with 2020, with all three categories up at least 20% from their pre-pandemic levels in 2019 as well. Department stores saw a 21% jump from last year and gained 11% from two years ago.
Online shopping surged 11%, according to the report, which tracks retail sales across all payment types. E-commerce now accounts for roughly 21% of all holiday sales.
Omicron drives Christmas weekend flight cancellations above 1,500
U.S. airlines have canceled hundreds of flights over the Christmas holiday weekend, citing an increase in Covid cases among crews. Airlines offered flight crews extra pay to pick up trips.
Carriers have asked the CDC to lower its recommended quarantine period for fully vaccinated staff.
'Bubblicious' used car prices are rising faster than bitcoin, market researcher Jim Bianco warns
Used auto prices are rising faster than bitcoin and other assets, according to market researcher Jim Bianco.
"In the last four months, they've gone up in price more than 20%. Not only is that more than the S&P, but over the last four months that's more than bitcoin itself," he said. "As of December 15, the latest set of data we've got, they're just accelerating higher and higher right now. There's no peak at least as of now."
In hot job market, salaries start to swell for white-collar workers
U.S. professionals toward the end of this year saw their compensation jump at the fastest rate in nearly 20 years, federal data show. Wages for all private-sector workers grew 4.6% year over year in the third quarter, according to federal data, with the biggest gains going to workers in service occupations and industries such as retail and hospitality.
For management, business and financial occupations, wages rose 3.9% in the quarter, slower than overall wage growth but still the fastest pace on record since 2003 for this bucket of workers.
Bill Gates: People's distrust of governments is the most worrying issue into 2022
In a 2019 poll of American adults, 75% of respondents said their fellow citizens' trust in the federal government was shrinking. And about four in ten respondents thought the mistrust made it harder to handle issues like health care, immigration and gun violence.
In Gates' blog post, he noted that 24-hour news cycles, politically incentivized headlines and social media have each played a role in the "growing divide" — and that governments may need regulate online platforms to effectively dispel misinformation.
Temasek-backed Vertex wins nod for SPAC listing in Singapore
Vertex has become the first blank-check company sponsor in Singapore to receive an eligibility-to-list letter from the local exchange.
Vertex Venture plans to invest S$30 million ($22 million) in the SPAC through the subscription of units and intends to contribute up to S$10 million of "at-risk" capital by purchasing warrants in a private placement, the statement said.
Source: Bloomberg, CNBC, WSJ
U.S. equity futures rose Monday and the dollar was steady against major peers as traders weighed spiking coronavirus cases and a weekend pledge from China's central bank of greater economic support.
$S&P 500 Index (.SPX.US)$ and $NASDAQ 100 Index (.NDX.US)$ contracts gained, while those for Japan earlier pointed to a muted start. Crude oil and gold slipped. Bitcoin was trading at about $51,000 after a steady period over Christmas.
Meme madness, 68 new highs: superlatives abound in 26% S&P rally
Superlatives followed one after another in 2021's wild ride for U.S. stock investors. The most all-time highs in 26 years. Triple-digit rallies in some small caps thanks to retail-trader frenzies.
S&P 500's steady march higher has helped push it to a fresh record 68 times this year, the second-most ever, topped only by 1995. Put another way, the S&P managed a record close on nearly 30% of all trading days in 2021.
Holiday sales jump 8.5% as U.S. consumers return to retailers
U.S. holiday sales jumped 8.5% from last year, a report from $MasterCard (MA.US)$ SpendingPulse showed.
Sales surged 47% for apparel, 32% for jewelry and 16% for electronics compared with 2020, with all three categories up at least 20% from their pre-pandemic levels in 2019 as well. Department stores saw a 21% jump from last year and gained 11% from two years ago.
Online shopping surged 11%, according to the report, which tracks retail sales across all payment types. E-commerce now accounts for roughly 21% of all holiday sales.
Omicron drives Christmas weekend flight cancellations above 1,500
U.S. airlines have canceled hundreds of flights over the Christmas holiday weekend, citing an increase in Covid cases among crews. Airlines offered flight crews extra pay to pick up trips.
Carriers have asked the CDC to lower its recommended quarantine period for fully vaccinated staff.
'Bubblicious' used car prices are rising faster than bitcoin, market researcher Jim Bianco warns
Used auto prices are rising faster than bitcoin and other assets, according to market researcher Jim Bianco.
"In the last four months, they've gone up in price more than 20%. Not only is that more than the S&P, but over the last four months that's more than bitcoin itself," he said. "As of December 15, the latest set of data we've got, they're just accelerating higher and higher right now. There's no peak at least as of now."
In hot job market, salaries start to swell for white-collar workers
U.S. professionals toward the end of this year saw their compensation jump at the fastest rate in nearly 20 years, federal data show. Wages for all private-sector workers grew 4.6% year over year in the third quarter, according to federal data, with the biggest gains going to workers in service occupations and industries such as retail and hospitality.
For management, business and financial occupations, wages rose 3.9% in the quarter, slower than overall wage growth but still the fastest pace on record since 2003 for this bucket of workers.
Bill Gates: People's distrust of governments is the most worrying issue into 2022
In a 2019 poll of American adults, 75% of respondents said their fellow citizens' trust in the federal government was shrinking. And about four in ten respondents thought the mistrust made it harder to handle issues like health care, immigration and gun violence.
In Gates' blog post, he noted that 24-hour news cycles, politically incentivized headlines and social media have each played a role in the "growing divide" — and that governments may need regulate online platforms to effectively dispel misinformation.
Temasek-backed Vertex wins nod for SPAC listing in Singapore
Vertex has become the first blank-check company sponsor in Singapore to receive an eligibility-to-list letter from the local exchange.
Vertex Venture plans to invest S$30 million ($22 million) in the SPAC through the subscription of units and intends to contribute up to S$10 million of "at-risk" capital by purchasing warrants in a private placement, the statement said.
Source: Bloomberg, CNBC, WSJ
![Wall Street Today | Holiday sales jump 8.5% as US consumers return to retailers](https://ussnsimg.moomoo.com/7559564705427018035.jpg/thumb)
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Steve O46
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Steve O46
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$Workhorse (WKHS.US)$ those who sell one share of WkHS at 5.75 after deducting service changes balance of $4 why are you selling. I been trying to understand the real reason. can someone please explain
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