π¨π¨ 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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πΈπ¦ Saudi Aramco Will Pay A $31 Billion Dividend To The Saudi Government And Other Investors Despite Lower Profit
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π£ Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term
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πΊπΈ 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%.
@Fin_Watch
This is almost as high as in September 2017 when vacancy rates reached 6.8%.
@Fin_Watch
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π£ OpenAI is working on a search product that will compete with Google, $GOOGL, per Bloomberg
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πΊπΈ Tom Lee said he thinks inflation will cool pretty dramatically in the second half of this year
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π¨π¨π¨JUST IN: πΊπΈ Congressman Tom Emmer says #SEC Chairman Gary Genslerβs tenure has been characterised by "regulatory hypocrisy, inconsistency, and incompetence."
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β‘JUST IN: πΊπΈ US Senator Bernie Sanders and Congressman Ro Khanna introduce bill to eliminate all medical debt.
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πΊπΈ 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: π 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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πΊπΈ US Presidential Candidate Donald Trump Promises "Full Support" for Cryptocurrencies!
Giving the green light to #Crypto, US presidential candidate Donald Trump announced that he will accept cryptocurrency donations in his election campaign.
@News_Crypto | link
Giving the green light to #Crypto, US presidential candidate Donald Trump announced that he will accept cryptocurrency donations in his election campaign.
@News_Crypto | link
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πΊπΈ US has "paused" weapons deliveries to Israel after it started Rafah invasion. US Secretary of Defence said there have been βfar too many casualtiesβ from Gaza war - Bloomberg
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π¦πΊ Australia's Macquarie bank will stop cash withdrawals this month and go completely cashless.
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TikTok takes a proactive step in assuring #AI authenticity on its platform by automatically labeling AI-generated content (AIGC) using new Content Credentials technology.
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JUST IN: πΊπΈ President Joe Biden claims inflation was 9% when he came into office.
Inflation was actually 1.4% when Biden took office in January 2021.
@Fin_Watch
Inflation was actually 1.4% when Biden took office in January 2021.
@Fin_Watch
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