The stock market

[longcast]

UAW chief says offers from Detroit companies are inadequate, says union is ready to go on strike

With just over 24 hours left before a strike deadline, United Auto Workers President Shawn Fain said Wednesday that offers from the companies aren't enough and the union is getting ready to strike.

finance.yahoo.com

 

[longcast]

These Stocks Are Moving the Most Today: Ford, GM, Nvidia, HP Inc., Semtech, and More

The head of the United Auto Workers says the union and the Big Three auto makers are still 'very far apart' on the union’s key priorities for wage increases as a strike deadline looms, chip makers Nvidia and Taiwan Semiconductor rise as Arm's IPO is priced at the high end of the expected range...

finance.yahoo.com

 

[longcast]

UAW strikes at Big 3 automakers, targets select factories

With the passing of Thursday night’s deadline, the UAW said it will strike across all Big Three automakers on Friday using a new “stand up” strike strategy.

finance.yahoo.com

 

[longcast]

US Futures Steady as Auto Strike Begins; Arm Gains: Markets Wrap

(Bloomberg) -- US equity futures hovered around current levels as a union of automaker workers went on strike, while Arm Holdings Inc. shares rallied. Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackByron Allen Makes $10 Billion Bid for ABC, Other Disney...

finance.yahoo.com

 

[longcast]

Fed Seen Signaling One More Hike and Pushing Out 2024 Rate Cuts

(Bloomberg) -- A resilient US economy will prompt the Federal Reserve to pencil in one more interest-rate hike this year and stay at the peak level next year for longer than previously expected, according to economists surveyed by Bloomberg News.Most Read from BloombergCaesars Entertainment Paid...

finance.yahoo.com

 

[longcast]

And...................

Ford CEO says electric vehicles provoking 'charging anxiety'

Ford CEO Jim Farley discusses the industry's electric vehicle push as companies grapple with sluggish demand and consumer anxiety.

www.foxbusiness.com

Ford Motor Company announced that it is projected to lose $4.5 billion from electric vehicles this year, despite increased revenue.

The U.S.-based automaker's EV division, called "Ford Model e," has lost $1.8 billion so far this year, according to Fortune.

 

[longcast]

Oil Nears $95 as US Futures Waver After Selloff: Markets Wrap

(Bloomberg) -- US stock futures fluctuated after Friday’s selloff and as oil neared $95 a barrel, highlighting inflationary pressures just as policymakers prepare for interest-rate meetings.Most Read from BloombergHow Auto Executives Misread the UAW Ahead of Historic StrikeXi’s Missing Defense...

finance.yahoo.com

 

[longcast]

UAW strike really makes big auto stocks dead money

Why even bother doing the fundamental analysis on big auto stocks? It's just not worth it at the moment.

finance.yahoo.com

 

[longcast]

Trillion-Dollar Industry Powering Chicago Is at Risk of Leaving

(Bloomberg) -- The letters are stamped all over the hallways of Chicago’s giant skyscrapers and grand office buildings. DRW, IMC, CME, Cboe.Most Read from BloombergHow Auto Executives Misread the UAW Ahead of Historic StrikeXi’s Missing Defense Chief Opens Door for US Military TalksEurope Is...

finance.yahoo.com

The threat of new taxes comes at a tricky time for the city. Any firm mulling a move would likely get a friendly reception from economic development officials in Texas, Florida or other Sun Belt states that have seen a wave of relocations since the start of the pandemic. New York and California have each lost companies that managed close to $1 trillion of assets.

The exodus from Chicago hasn’t been as severe, but the city suffered a reputational blow last year when finance billionaire Ken Griffin moved his Citadel business to Miami, citing out-of-control violent crime and chronic budget problems that plague the state.

 

[longcast]

Fed may pencil in another interest rate hike this year

Economists expect the Federal Reserved to pencil in another interest rate hike this year, and hold rates at peak levels longer than previously projected.

www.foxbusiness.com

 

[longcast]

Fed decision, Instacart IPO and UAW strike top week ahead

Investors will be closely watching the Federal Reserve's decision on interest rates, as well as the ongoing UAW strike against Ford, GM and Stellantis in the coming week.

www.foxbusiness.com

 

[longcast]

Stocks slide as Fed meeting begins, Instacart IPO: Stock market news today

Stocks fell on Tuesday as the Federal Reserve began its latest policy meeting.

finance.yahoo.com

 

[longcast]

Oil: If prices top $100, expect 'demand destruction', says analyst

Oil prices could very well reach $100 per barrel. But supply and demand are likely to bring prices back down, say analysts.

finance.yahoo.com

 

[longcast]

Stocks end lower amid Fed meeting, Instacart IPO: Stock market news today

Stocks fell on Tuesday as the Federal Reserve began its latest policy meeting.

finance.yahoo.com

 

[longcast]

Arm shares eye third daily loss with IPO buzz fizzling, short sellers hovering

(Reuters) -Shares in Arm Holdings were down 4.6% on Tuesday, on track for their third daily decline out of the stock's first four sessions as a listed company, as investor interest faded in the biggest initial public offering (IPO) for the year so far. The chip designer, in which Softbank holds...

finance.yahoo.com

 

[Snapprhead27]

I sure hope everyone is enjoying this!

 

[longcast]

I sure hope everyone is enjoying this!

Enjoying what?

 

[Snapprhead27]

Enjoying what?

What is running this country... I was being sarcastic.

 

[longcast]

What is running this country... I was being sarcastic.

Yes. I hear you!

 

[longcast]

Stock futures step higher as markets wait for Fed: Stock market news today

Wall Street stocks set up for a higher open as investors focus on what the Fed plans for the future.

finance.yahoo.com