BizToc
📰 BizToc.com Hourly News Flash

1) Expedia Announces Major Job Cuts —

Expedia Group to slash 1,500 positions in a significant workforce reduction as travel demand stabilizes. #TravelCuts
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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) Workday's Acquisition Spree —

Workday beats earnings estimates and continues its growth through the strategic acquisition of an HR software firm. #Acquisition
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3) Broadcom Divests for Billions —

Broadcom spins off division in a $4B deal with KKR, taking a strategic step towards streamlining operations. #Divestiture
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2) Cybertruck Thwarts Thieves —

A viral video highlights Tesla's Cybertruck design features that help deter a rising tide of car crimes. #Cybertruck
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BizToc
📰 BizToc.com Hourly News Flash

1) FTC Takes Aim at Major Grocery Merger —

The FTC sues to block the Kroger & Albertsons merger, citing concerns it will 'eliminate competition' in the grocery sector. #Antitrust
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AkhenOsiris
Quite surprised by the level of spend and budget allocation to AI by some of the non-tech large enterprises. Some are pushing their data efforts faster to lay foundation, others adopting copilots. Common theme? They see productivity gains as low hanging fruit.

Surprised because I would have expected a bit more waiting to see tangible metrics before allocating as much as they are.
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The Long Investor
RT @JesseCohenInv: Here's a wild stat.

🇨🇳 China's state-backed 'Plunge Protection Team' spent ¥410 billion Yuan ($57 billion) buying stocks in an attempt to prop up the market this month.

The CSI 300 gauge has risen more than 7% in February while an index of Chinese shares trading in Hong Kong has climbed more than 9%. 

🇨🇳🇨🇳
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The Long Investor
$BTC is up 115% since October ‘23.
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The Long Investor
$AAPL canceled their Electric Car project.....why start from scratch when you can buy an undervalued company right now?
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The Long Investor
$TGT Remember when Target got destroy for being woke and dropped down to $100 in October '23?

It is now up 50% because opinions only influence a share price over a short period of time, revenue and fundamentals will always decide on the fair price.
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The Long Investor
$ETH Second Target has now hit.

Volume suggests that the masses have not started to chase yet $ETH bulls are holding this strong.

$ETH is hunting down the Second Target at $3250

Textbook moves here. - The Long Investor
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The Long Investor
$TSLA may have the perfect chart: 9.5/10

The only half point deduction was the pull back in late 2022 down to the 0.78 Fib instead of the 0.618 Fib.....which was caused by Elon excessively selling to buy X.

Otherwise, it is perfect.
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The Long Investor
$AAPL very little are talking about how close $AAPL is to losing its support level.

If the 50 MA is lost, this can sink to $150.....and the market will feel this.
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