The stock market

[longcast]

US Futures Gain as Chipmakers Set to Extend Rally: Markets Wrap

(Bloomberg) -- US futures pointed to further gains on Wall Street Friday after a tech-led rally that pushed the Nasdaq 100 to a record high. Most Read from BloombergYouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining NetflixBlinken’s Return From Davos Was Delayed After Plane Broke...

finance.yahoo.com

 

[longcast]

The 2023 crisis may be over for regional banks but they still have plenty of 2024 problems

A sizable drop in profits at many regional banks in the fourth quarter was a reminder of how challenging 2023 was. The problem is 2024 may not be much better.

finance.yahoo.com

 

[longcast]

Stock market today: US futures climb as techs power higher again

The S&P 500 is eyeing its next record high as investors find reasons to be upbeat about the economy and tech stocks.

finance.yahoo.com

 

[longcast]

FAA calls for more Boeing 737 checks after bolt findings

WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) has recommended airlines operating Boeing 737-900ER jets inspect door plugs to ensure they are properly secured after some operators reported unspecified issues with bolts upon inspections. The recommendation issued late on...

finance.yahoo.com

 

[longcast]

Trump’s 2016 Win Shook Markets. Traders Won’t Get Fooled Again.

(Bloomberg) -- Donald Trump’s surprise victory in the 2016 presidential election delivered a shock to financial markets. If he manages to secure a second one, traders will — if anything — be far more prepared. Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses...

finance.yahoo.com

 

[longcast]

Layoffs surged 98% in 2023; It could get worse this year

Layoffs in the U.S. jumped 98% in 2023 as companies battled deteriorating market and economic conditions – and more job cuts could be coming this year.

www.foxbusiness.com

 

[longcast]

Macy's will close these five stores following layoffs of more than 2,300 employees

Macy’s has plans for a handful of locations to permanently close up their shops. The five closures come as part of a move that will also include the retailer axing about 2,350 jobs.

www.foxbusiness.com

 

[longcast]

National Debt Tracker: American taxpayers (you) are now on the hook for $37,864,059,502,725.70 as of 10/2/25

The United States' national debt is on track to double over the next three decades amid a rush of spending by the White House and Congress.

www.foxbusiness.com

 

[longcast]

Google parent Alphabet laying off innovation lab workers

Google parent Alphabet is laying off an undisclosed number of workers at its innovation lab X, which is restructuring to spin out projects even faster.

www.foxbusiness.com

 

[longcast]

Trump 2.0? JPMorgan's Jamie Dimon shocks Davos elites and says bring it on

The world's elite leaders gathered in Davos, for the World Economic Forum last week. There was lots of hand-wringing over a second Trump presidency. But one business leader was bullish.

www.foxnews.com

 

[longcast]

LARRY KUDLOW: Cutting benefits and raising taxes from another fiscal commission would be fiscal insanity

Fox Business host Larry Kudlow takes a hit at fiscal commissions aimed at cutting benefits and raising taxes on "Kudlow."

www.foxbusiness.com

 

[longcast]

GE shares fall as first-quarter outlook disappoints

GE said the aerospace business, which makes engines for jets of Boeing and Airbus, is expected to report $6 billion to $6.5 billion in adjusted operating profit in 2024.

www.foxbusiness.com

 

[longcast]

Wall Street Set for Gains as Tech Earnings Impress: Markets Wrap

(Bloomberg) -- Stocks extended gains as an onslaught of positive earnings from technology companies reinforced the picture of a broadly robust corporate sector. Most Read from BloombergApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028China Weighs Stock Market Rescue Package...

finance.yahoo.com

 

[longcast]

A sustained rally doesn’t have to mean a broad one: Morning Brief

The S&P 500 is very top heavy, with Big Tech and the Magnificent Seven accounting for the vast majority of gains. But it's been that way for quite some time now as investors wait for the market to broaden.

finance.yahoo.com

 

[longcast]

Bilt Rewards announces $200M equity investment, raising valuation to $3.1 billion

Bilt Rewards announced a $200 million equity investment on Wednesday which thrusts the company's valuation to $3.1 billion as Ken Chenault and Roger Goodell were added to its board.

www.foxbusiness.com

 

[longcast]

Stock market today: US futures subdued amid Tesla gloom, GDP countdown

Investors are weighing Tesla's downbeat earnings as they look to a key update on US economic health.

finance.yahoo.com

 

[longcast]

Another reason not to fear the top-heavy stock market rally: Morning Brief

The S&P 500 is particularly concentrated in a few big names, notably the "Magnificent Seven" tech stocks. This concentration may make some investors ill at ease. But that's no reason to be bearish.

finance.yahoo.com

 

[longcast]

The late Charlie Munger's final stock-portfolio update is out - and it shows his iconic approach to investing

Charlie Munger built Daily Journal's stock portfolio from nothing to $300 million in part by leaving its holdings virtually untouched for a decade.

finance.yahoo.com

 

[longcast]

Consumers are propping up the US economy, but they're going into debt to do so

U.S. consumers have continued to power the economy with excessive spending, but they are racking up credit card debt and draining their savings to do so.

www.foxbusiness.com

Still amazed at the amount of money out there, but then look at the funds put out there over the last three years and realize the magnitude of spending/waste.

 

[longcast]

Here you go.

Federal deficit blew up $89B more in 1st quarter 2024 than last year

The federal budget deficit widened by $89 billion in the first three months of FY24 compared to the same period last year, with rising interest costs outpacing higher tax revenue.

www.foxbusiness.com