🇦🇷 Elon Musk meets with Argentina President Javier Milei
According to Infobae, Milei planned to speak with the magnate about potential investments in the technology and mining sectors, as well as artificial intelligence and its possible connection with economic development.
@Fin_Watch
According to Infobae, Milei planned to speak with the magnate about potential investments in the technology and mining sectors, as well as artificial intelligence and its possible connection with economic development.
@Fin_Watch
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🇺🇸 Social Security is now expected to run out of funds in 2035 one year later than previous projections according to the Treasury - CNBC
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📣 Apple $AAPL just announced the new iPad Pro will be the first product with Apple's new M4 chip
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🚨🚨 Renters hopes of owning home drop to record low: NY Fed survey
The Federal Reserve Bank of New York released results from its 2024 SCE Housing Survey, showing that homeowners expect prices to rise, while renters express concerns about their ability to own a home.
@Fin_Watch
The Federal Reserve Bank of New York released results from its 2024 SCE Housing Survey, showing that homeowners expect prices to rise, while renters express concerns about their ability to own a home.
@Fin_Watch
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🇸🇦 Saudi Aramco Will Pay A $31 Billion Dividend To The Saudi Government And Other Investors Despite Lower Profit
@Fin_Watch | link
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📣 Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term
@Fin_Watch | link
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🇺🇸 US rental vacancy rates have jumped to 6.7% in April, to their highest level in 4 years.
This is almost as high as in September 2017 when vacancy rates reached 6.8%.
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This is almost as high as in September 2017 when vacancy rates reached 6.8%.
@Fin_Watch
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📣 OpenAI is working on a search product that will compete with Google, $GOOGL, per Bloomberg
@Fin_Watch | link
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Media is too big
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🇺🇸 Tom Lee said he thinks inflation will cool pretty dramatically in the second half of this year
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🚨🚨🚨JUST IN: 🇺🇸 Congressman Tom Emmer says #SEC Chairman Gary Gensler’s tenure has been characterised by "regulatory hypocrisy, inconsistency, and incompetence."
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⚡JUST IN: 🇺🇸 US Senator Bernie Sanders and Congressman Ro Khanna introduce bill to eliminate all medical debt.
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🇺🇸 FED'S COLLINS:
- REACHING 2% INFLATION MAY TAKE LONGER THAN THOUGHT
- THERE ARE RISKS TO CUTTING RATES TOO SOON
@Fin_Watch
- REACHING 2% INFLATION MAY TAKE LONGER THAN THOUGHT
- THERE ARE RISKS TO CUTTING RATES TOO SOON
@Fin_Watch
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BREAKING: 📊 World central banks' net gold purchases set a new record in Q1 2024.
Global central banks bought 290 tonnes of gold in the first quarter above the previous all-time high of 286 tonnes seen in Q1 2023.
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Global central banks bought 290 tonnes of gold in the first quarter above the previous all-time high of 286 tonnes seen in Q1 2023.
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1. Starbucks stock, $SBUX, fell 20% after reporting a 6% drop in traffic
2. Uber stock, $UBER, fell 10% after reporting a net loss
3. Shopify stock, $SHOP, fell 20% after issuing weak guidance
4. Netflix stock, $NFLX, fell 10% after reporting a weaker outlook for Q3 2024
5. Doordash stock, $DASH, fell 15% after reporting a $21 million loss
6. CVS Pharmacy stock, $CVS, fell 17% after net income fell by 50%
7. Etsy stock, $ETSY, fell 11% after reporting weak earnings due to the "macroeconomy"
8. EBay stock, $EBAY, fell 5% after reporting weaker guidance
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