Good morning, traders. Happy Thursday, the market is trying to climb up after falling back. The Nasdaq and tech stocks were still in correction territory from their heights in the lush days of July. My name is Kevin Travers, here are moovin' stonks. Eli Lilly$Eli Lilly and Co (LLY.US)$posted a Q2 earnings beat, boosted by demand for the company's Mounjaro diabetes treatment and weight-loss drug Zepbound. The stock climbed 8%, and ...
US Consumer Spending Slows $Disney (DIS.US)$reported better-than-expected earnings and revenue for the June quarter on Wednesday, with its streaming service turning a profit for the first time. The company also raised its full-year profit guidance. Despite positive results, shares fell over 4% due to ongoing concerns about its theme park business. Revenue from U.S. and Canadian parks dropped 6% year-over-year to $1.35 billion, while internatio...
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10baggerbamm
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McDonald's missed dominos missed chipotle guided lower moments ago Papa John's Pizza missed. busier consumer staples how much lower can people trade down than McDonald's?
Al Bowen329
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that's funny, looks like she needs to come back toe th earth. those immigrants aren't taking the real jobs, just filling the unskilled labor positions. don't believe all the lies spied out by the government. ask yourself why they need to revise the number up and down ? it's all political propaganda just like the Nazis used.
10baggerbamm
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the history of the accuracy of the Sahm rule is like 95% so now they want to change it you know why they want to change it just like Janet yellen miraculously out of her ass changed the definition of a recession from what everybody who ever had economics 101 knows to be the truth. two consecutive quarters of negative GDP is a recession so Joe Biden had a recession and q1 Q2 of 2022 that is a fact. but Janet yellen feels compelled that she can just change the definition well that it must include a high rate of unemployment because if you don't have a high rate of unemployment you don't have a recession. well how convenient for that because covid was over in the world was opening up so you're not going to have a high rate of unemployment when everyone's getting back to work. so now they want to take what is known to be an established accepted way to evaluate a recession and eliminate it and if you look at the history of this definition it's like 95% of the time when you check those boxes we're already in a recession. and since you have these keynesians that are sitting in office right now that were appointed the chairman of the Fed and they use trailing data and a change in interest rates is 12 to 18 months for rate changes to have their full effect. we haven't even felt the full effect of the last rate increases the last several. so the reality is we probably already are at a negative GDP despite what economic numbers the government is publishing because they lie about everything else why would they not lie about that right?
70198652
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You are right. They are big lier due to their political interests in the coming election, and like us, average investors believe and lose money
$Novo-Nordisk A/S (NVO.US)$shares tumbled 8.4% on Wednesday after the pharmaceutical giant announced disappointing second-quarter results for 2024. The company's flagship drugs, Ozempic and Wegovy, both reported significant sales increases but fell short of analysts' expectations. Ozempic, used for treating type 2 diabetes, saw a 30% rise in sales to $4.26 billion, below the anticipated $4.38 billion. Wegovy, aimed at obesity...
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Paul Anthony
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only honestly help me with My partner money from the world now but tell them work hard for the God and how help your business development in the world must honestly bottom line anything
Since the beginning of 2023, the S&P 500$S&P 500 Index (.SPX.US)$and Nasdaq$Nasdaq Composite Index (.IXIC.US)$have surged, leaving the U.S. small-cap stocks lagging behind. However, market funds began shifting towards rate-cut trades after July 11, selling tech stocks and buying small-cap stocks which are more rate-sensitive. The Nasdaq, dominated by large tech companies, has dropped over 10% since then, while the Russell 2...
Eli Lilly $Eli Lilly and Co (LLY.US)$ posted a Q2 earnings beat, boosted by demand for the company's Mounjaro diabetes treatment and weight-loss drug Zepbound. The stock climbed 8%, and ...
$Disney (DIS.US)$ reported better-than-expected earnings and revenue for the June quarter on Wednesday, with its streaming service turning a profit for the first time. The company also raised its full-year profit guidance. Despite positive results, shares fell over 4% due to ongoing concerns about its theme park business.
Revenue from U.S. and Canadian parks dropped 6% year-over-year to $1.35 billion, while internatio...
$S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $CBOE Volatility S&P 500 Index (.VIX.US)$ $Dow Jones Industrial Average (.DJI.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$
However, market funds began shifting towards rate-cut trades after July 11, selling tech stocks and buying small-cap stocks which are more rate-sensitive. The Nasdaq, dominated by large tech companies, has dropped over 10% since then, while the Russell 2...
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