Author: pluginever
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Trump Media stock sinks after company announces plans to launch live TV streaming platform
Trump Media & Technology Group (DJT) stock fell more than 10% on Tuesday after the company announced it's launching a new live TV streaming platform. According to a press release, Trump Media — the parent company of Donald Trump's social media platform Truth Social — will launch the live streaming service on phones, tablets, and…
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What If Fed Rate Hikes Are Actually Sparking US Economic Boom?
Found this article below quite interesting. Attributing increasing interest rates to an economic boom is tantamount to saying pressing the brakes on a car is now making it go faster, but after reading this I’m starting to believe it. https://www.bnnbloomberg.ca/what-if-fed-rate-hikes-are-actually-sparking-us-economic-boom-1.2059605 Edit – TLDR main points of the article: 1. People are now earning more interest…
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LAC falls more than 20% in aftermarket following announcement of proposed public offering
Looks like they want to sell off 55M more shares. I don't know if this announcement justifies this big of a drop in the aftermarket or not. Feels a little heavy handed to me. I am having a hard time understanding the need for a public offering at this point though. Why would they need…
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Does anybody else think Starbucks is a poorly ran company for the size and success it has?
I'm talking about the consumer experience. I'm not saying they aren't fast. But when I go in there they very frequently are out of a flavor, a product, an ingredient, or some miscellaneous tool like a carton carrier or drink lid. The flavors they have available in stock or even on the menu at all…
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These are the stocks on my watchlist (4/18)
Hi! I am an ex-prop trader that trades equities. This is a daily watchlist for trading. I might trade all of the stocks on here, or none of them, on any given day. I might trade stocks that don't appear on here! I hold no positions in any stocks long-term but Amazon/Mag7/general broad market indices.…
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Bank executives are saying The Wall Street Revival is Finally here.
It has been two years of depressed Wall Street and it's finally surging again with bank executives saying it's for real. Investment banking has revived considerably judging from Q1 2024 vs Q1 2023. Bank of America, Goldman Sachs, Citigroup, Morgan Stanley, and JPMorgan Chase have all reported Q1 jumps in investment banking. IPO, Bond issuances,…
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NBA’s exclusive TV rights negotiating window with ESPN, Warner expected to pass without a deal
The National Basketball Association’s exclusive media rights negotiating window with current partners Disney and Warner Bros. Discovery is likely to expire Monday without a new deal, according to people familiar with the matter. Beginning next week, the NBA will be able to work on agreements for new partners to show packages of games. Amazon ,…
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Tesla asks shareholders to approve CEO Musk’s 2018 pay voided by judge
April 17 (Reuters) – Electric automaker Tesla (TSLA.O), opens new tab on Wednesday asked shareholders to ratify billionaire Elon Musk's compensation that was set in 2018 under the CEO pay package, just months after a Delaware judge rejected it. The judge had tossed out Musk's record-breaking $56 billion pay in January, calling the compensation granted…
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Meta’s new AI assistant is rolling out across WhatsApp, Instagram, Facebook and Messenger
Meta on Thursday announced its free artificial intelligence assistant, Meta AI, is rolling out across its social media platforms WhatsApp, Instagram, Facebook and Messenger. The assistant can answer questions, create animations and generate images, Meta CEO Mark Zuckerberg said in a video. Meta AI was built on the company’s latest large language model called Meta…
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Seeking edge over rivals, Intel first to assemble ASML’s next-gen chip tool
https://www.reuters.com/technology/seeking-edge-over-rivals-intel-first-assemble-asmls-next-gen-chip-tool-2024-04-18/ Intel (INTC.O), opens new tab said on Thursday it had become the first company to assemble one of Dutch tech group ASML's new “High NA EUV” lithography tools, an important part of the U.S. computer chip maker's drive to outshine rivals. Intel was the first company to buy one of the 350 million euro…