BizToc
📰 BizToc.com Hourly News Flash

1) Samsung Enters the Smart Ring Arena —

Samsung is set to disrupt wearables with a new Smart Ring revealed at the Mobile World Congress. A bold move into the growing smart jewelry market. #Wearables
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👉🏻 For more, visit biztoc.com and never miss a beat in the world of business news.
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4) Canadian Airline Grounded Forever —

Canada's budget airline abruptly ceases operations, leaving passengers without refunds and highlighting the volatility in the aviation sector. #AirlineShutdown
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3) AI Revolution at MWC Barcelona —

Samsung and Google aim to outdo Apple’s iPhone with new AI-enhanced smartphones unveiled at the Mobile World Congress in Barcelona. #Smartphones
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2) Mexico's Big Salt Shake-Up —

Mexico nationalizes ESSA, the key salt producer, and acquires Mitsubishi's stake, signaling increased resource control by the government. #Nationalization
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BizToc
📰 BizToc.com Hourly News Flash

1) Nationwide Pharmacy Outage from Cyberattack —

US pharmacies hit with major cyberattack, leading to widespread prescription outages and raising questions on cybersecurity in healthcare. #Cyberattack
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4) Texas BBQ Joint Thrives Amidst Challenges —

A Houston BBQ restaurant located at a gas station makes waves as one of Texas' top culinary spots, demonstrating resilience in the food industry. #FoodIndustry
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3) China Puts Gig Worker Rights in the Spotlight —

China stresses workers' rights for gig economy players Meituan and Didi, which could set new precedents for labor standards in the industry. #LaborRights
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2) Oil Tanker Under Houthi Threat in Aden —

Yemen's Houthi rebels target the 'MV Torm Thor' oil tanker, raising concerns over maritime security and global oil supply chains. #MaritimeSecurity
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BizToc
📰 BizToc.com Hourly News Flash

1) KKR Gears Up for Major Broadcom Acquisition —

KKR is nearing a mega-deal estimated at $4 billion to acquire Broadcom's remote access unit, signaling a significant move in the tech sector. #Acquisition
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Ben's Bites
Google confirms its partnership with Reddit

Google gets access to Reddit’s data API (for AI and Search)

On the other end, Reddit will use Google’s AI to improve its search feature blog.google/inside-google/co…
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The Long Investor
$ETH gets very little attention compared to other Crypto names on X and it has been one of the best performers over the last 3 months.

Pay attention to the assets that are flying under the radar.

$ETH is hunting down the Second Target at $3250

Textbook moves here. - The Long Investor
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The Long Investor
Hang Seng Index - Big Week Ahead.

When I say you are buying the Chinese market at the bottom, here are the facts:

The Green support line was held during:
-The Asian Financial Crisis in 1998
-The Dot Com bubble Crash
-The 2008 Great Financial Crash
-The 2020 Covid Crash
-And the 2023 Real Estate/deflation issues.

Each time the Chinese Government has stepped in with a stimulus package and this time it is no different, we are seeing signs of the reversal getting confirmed.

Once this line is held, there will be a recovery. $BABA $BIDU $KWEB $NIO $LI $BIDU
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The Long Investor
Elliott Wave Theory in a nutshell:

Stocks climb on increased revenue in 5 Waves.

Stocks will then decline in 3 waves, usually declining 50% to 61% of the total percentage climb of the 5 waves.

This is due to profit taking, slower growth and portfolio realignment.

There is no magic art to this.

Look at any chart that has ever existed and this same behaviour has been repeated, over and over, with no exception. $SPY $QQQ $IWM
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