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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The Long Investor
HSI is ready to erupt.
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The Long Investor
$BTC a reminder of my projection for Bitcoin.

Before anyone else, there was TLI.

$BTC BITCOIN 6 YEAR PROJECTION.

$126,000 can happen but not until late 2026 at least.

$152,000 is the conservative level by 2030.

Do not expect these levels to come in sooner.

Bitcoin needs to be seen as a safe store of value.

DO NOT HAVE UNREALISTIC TARGETS FOR $BTC, it will climb but it needs to show a slow and steady growth to be taken seriously by the masses WHO HAVE NOT ADAPTED TO THIS YET. - The Long Investor
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