Author: pluginever
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What has fueled the stock market growth since covid?
What has fueled the stock market growth since covid? S&P 500 has grown ~80% from pre covid levels. What has fueled this surge of the last 3-4 years? Any parts of the economy which haven't grown this significantly in the last 3-4 years? Like real estate or something?
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US judge orders Google to open up app store to competition
A U.S. judge on Monday ordered Alphabet's Google to overhaul its mobile app business to give Android users more options to download apps and to pay for transactions within them, following a jury verdict last year for “Fortnite” maker Epic Games. The injunction by U.S. District Judge James Donato in San Francisco outlined the changes…
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Tesla Day Trader Loses Entire $306M Fortune, Sues Canadian Bank For ‘Misleading’ Financial Advice
Carpenter Christopher DeVocht from British Columbia alleges that RBC didn't acknowledge his limited financial acumen and advised him to donate millions to charities and trade using a margin account via a new holding company to avoid taxes. https://www.ibtimes.co.uk/tesla-day-trader-loses-entire-306m-fortune-sues-canadian-bank-misleading-financial-advice-1727450
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Wells Fargo downgrades Amazon on slowing growth expectations & Walmart competition
Amazon Inc. shares fell on Monday, following a rare analyst downgrade that cited concerns over margin trends into next year, which growth in the cloud computing business is unlikely to compensate for. Wells Fargo Securities cut the stock to equal weight from overweight, with analyst Ken Gawrelski becoming one of the few analysts tracked by…
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Roblox: Inflated Key Metrics For Wall Street And A Pedophile Hellscape For Kids
https://hindenburgresearch.com/roblox/ Hindenburg just put out their latest short report, and it features none other than everyone's favorite parenting substitute child-oriented gaming platform Roblox. In a way the allegations are unsurprising to anyone that's been following this company, but this goes WAY more in depth than anything that has come out before. Summary bullet points from…
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Hong Kong’s Hang Seng closes 9% Lower as Chinese Markets Lose Momentum
The rally in Chinese markets subsided on Tuesday following a briefing by the National Development and Reform Commission that lacked substantial detail Across other Asia-Pacific markets, a mostly downward trend was observed on Tuesday as investors monitored Japan’s August pay and spending data. House
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r/Stocks Daily Discussion & Technicals Tuesday – Oct 08, 2024
This is the daily discussion, so anything stocks related is fine, but the theme for today is on technical analysis (TA), but if TA is not your thing then just ignore the theme. Some helpful day to day links, including news: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider…
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CPRT and RB and the hurricanes
What are your thoughts on CPRT and RB earnings and the recent hurricanes? Both are major clearing houses for automotive auction sales after total loss events. I've done business with them, but never worked for either. I'm sure both companies are going to do very well in auction fees and volume in the aftermath of…
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Defense stocks: What happens if the major ongoing conflicts ended?
In a super fictitious situation where Iran commands Hezbollah to step down, Hamas surrenders, and Russia pulls out of Ukraine, what would the hypothetical impact be on big defense stocks like Northrop, Raytheon, and Lockheed? Go into hibernation until the next huge war breaks out?
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Lowest Fed rate for 2025
What is your expectation of FED lowest possible rate in 2025? I asking because there was a high expectation of FED rate cut in September with growing unemployment and inflation going down. Now we have: Unemployment rate declining in September is 4.1% (4.3% in July and 4.2% in August) Oil prices somewhat elevated in September…