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Keyword: stock

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  • Woke Embarrassment: Google’s Botched Gemini AI Launch Erases $90 Billion in Stock Value

    02/27/2024 8:06:46 AM PST · by ChicagoConservative27 · 39 replies
    Breitbart ^ | 02/27/2024 | LUCAS NOLAN
    Google’s market value plunged by $90 billion on Monday amid controversies surrounding its new generative AI service Gemini. The ultra-woke AI became instantly famous for erasing white people from history, facing widespread mockery for not only its wildly inaccurate images, but also defending pedophilia and Joseph Stalin. Forbes reports that Alphabet stock fell 4.5 percent on Monday to close at $138.75, its lowest price since early January. The selloff came as the company grappled with backlash over accuracy and bias issues with its nascent generative AI service, Gemini. Gemini, which features an AI chatbot and image generator, inaccurately depicted historical...
  • Senator JD Vance Issues A DIRE WARNING That The US Can't Produce Enough Weapons Stock To Support Our Own Needs, Let Alone Enough For Ukraine

    02/12/2024 1:13:03 PM PST · by Enlightened1 · 39 replies
    X (formerly Twitter) ^ | 02/12/24 | Charlie Kirk
    Senator JD Vance issues a DIRE WARNING that the US can't produce enough weapons stock to support our own needs, let alone enough for Ukraine:“We need missiles. And America doesn't make nearly enough of those, not for our own security, and certainly not enough to support both the Ukraine conflict and, God forbid, a conflict that might occur in East Asia. So let's specify that a little bit more. We are right now depleting critical munitions, missiles, artillery shells and bullets faster than we can replenish them. “And then we send them to Ukraine. I'm sorry. Why does that make...
  • The Ghosts of Christmas 99 are Everywhere

    12/27/2023 3:24:17 AM PST · by davikkm · 2 replies
    Including NVIDIA playing the role of Cisco Systems. Electric vehicles playing the dotcom game. Irrational exuberance in the face of a clearly faltering economy. In the mid to late 1990s it was the second expansion of the ghettos into the second ring suburbs that caused thousands of business to die. Now we have another expansion of the ghettos fueled by millions of illegals making it ten times worse.
  • Unknown traders appear to have anticipated October 7 Hamas attack, research finds

    12/12/2023 7:41:39 PM PST · by The_Media_never_lie · 33 replies
    CNN ^ | ~December 5, 2023 | Matt Egan
    Bets against the value of Israeli companies spiked in the days before the October 7th Hamas attacks, suggesting some traders may have had advance knowledge of the looming terror attack and profited off it, according to new research released Monday. The preliminary research, which hasn’t been peer reviewed, is from law professors at Columbia University and New York University and details a “significant” and “unusual” spike five days before the attacks in short selling in the most popular fund linked to Israeli companies. Short selling is a way to bet against the value of a security.
  • South Korea to re-impose stock short-selling ban through June to 'level playing field'

    11/05/2023 7:16:02 PM PST · by BenLurkin · 6 replies
    Reuters ^ | 11/05/2023 | Jack Kim
    South Korea from Monday will re-impose a ban on short-selling shares at least until June to promote a "level playing field" for retail and institutional investors, financial authorities said on Sunday. The ban was lifted in May 2021 for trades involving the shares of companies with large market capitalisation included in the KOSPI200 and KOSDAQ150 share price indices. The restriction has remained in place for most other stocks. The FSC will review market activity in June to decide whether there is significant improvement to allow the ban to be lifted, he said. The regulator last week said it would establish...
  • Disney Finds Out: Stock Down Almost $200 Billion as America Rejects Woke Perversion of Walt's Legacy

    08/29/2023 8:34:06 PM PDT · by SeekAndFind · 29 replies
    Red State ^ | 08/29/2023 | Brandon Morse
    Walt Disney's corpse could provide endless power to an entire region of the United States from all the turning over in his grave that he's currently doing. As a very pro-American man, Disney detested communism openly and strove for excellence in creation and imagination. What modernity and those who subscribe to it have done to his company is nothing short of an atrocity, and the House of Mouse that Walt built is suffering from an infestation of squatters that not only trash his company's legacy but move to direct the company in the very political direction Disney fought against. But...
  • Target Corp and Anheuser Busch are close to hitting their Stock Support lows

    08/17/2023 5:51:04 AM PDT · by cotton1706 · 9 replies
    Target's closing price yesterday was $128.75. It's lowest recent low was $126.99 on June 9th. It hadn't been this low since July 31st 2020 ($125.88). If stock prices drop below $126.99, expect to see a selloff in the downward direction, as stock-chart buyers and sellers are triggered. The same with Anheuser Busch It's most recent low was $53.40 on 5/31/23. It hadn't been that low since 11/9/22 ($52.11) If BUD stocks drop below $53.40, expect to see a selloff downward.
  • Disney Park Attendance is Down, Their Stock is Almost Its 5-Year Low, Now Their CEO Is Signaling Selling Parts of The Company

    07/21/2023 11:39:12 AM PDT · by Robwin · 53 replies
    Planner at Heart ^ | July 21, 2023 | Monica Fish
    Even though the S&P 500 Index has jumped double digits, Disney’s stock is almost at its 5-Year Low. Market opening on Friday, July 21st, saw Disney’s stock at 86.54, nearing its 5-year low of 84.07.This stock price decline is believed to have erased around $16 billion from the company’s market value. Now, there’s speculation that Iger is thinking about selling the company to Apple or at least selling the noncore pieces of the business.
  • Fire sale at Disney

    07/18/2023 5:34:23 AM PDT · by Red Badger · 22 replies
    Don Surber ^ | July 14, 2023 | Staff
    EMBEDDED LINKS TO STORIES AT SITE................. Remember when Disney protested Florida’s Parental Rights in Education Law, which Marxists mocked as a “Don’t Say Gay” law? Remember how neocons said DeSantis should not retaliate? Remember when Disney owned ESPN and ABC? It soon may sell them off because the company needs cash. Remember when Disney stock was $197.16? Well, it closed at $90.47 yesterday. How bad are things at the House of Mouse? Jim Cramer recommended buying it. Maybe you should. What do I know? I’m a writer, not a stock analyst. But I do have a pretty good eye for...
  • Disney stock downgraded after studio lost $900 MILLION on last 8 movies

    07/06/2023 12:18:47 PM PDT · by Red Badger · 48 replies
    Post Millennial ^ | Jul 6, 2023 | Staff
    Disney stock has fallen to its Friday price of $89.28 from a high of $200 in 2021. Investment advisory company KeyBanc Capital Markets downgraded Disney’s stock last week due to concerns that growth has stalled for the Mouse House’s Disney+ and Hulu streaming services and lower attendance at theme parks. The company’s stock price fell after KeyBanc analysts lowered Disney’s rating from overweight to sector weight on Wednesday. According to Barron’s, analysts led by Brandon Nispel said, "While Disney appears less expensive versus its historical average, we believe the stock is unlikely to work until a number of items have...
  • Stocks mixed while Nasdaq sinks amid new economic warnings: Stock market news today

    06/07/2023 2:06:46 PM PDT · by CFW · 9 replies
    Yahoo Finance ^ | 6/7/23 | Dani Ramero
    US stocks wavered Wednesday after an unexpected interest rate hike from Canada, a surprise drop in Chinese exports and economic headwinds flagged by the Paris-based Organization for Economic Cooperation and Development (OECD) stoked fresh concerns about global growth. The S&P 500 (^GSPC) slipped 0.38%, while the Dow Jones Industrial Average (^DJI) gained 0.29%, or less than 100 points. The technology-heavy Nasdaq Composite (^IXIC) fell 1.29%. The Nasdaq 100 (^NDX) came under pressure as shares of Alphabet Inc. (GOOG) and Microsoft Corporation (MSFT) drifted lower by about 3%, respectively. The megacap tech companies had helped push the S&P 500 near a...
  • Anheuser-Busch InBev SA/NV: The Damage Looks Permanent

    06/07/2023 4:12:23 AM PDT · by cotton1706 · 63 replies
    Well, the decision to short Anheuser-Busch InBev SA/NV (BUD) stock recently remains a winner. The stock recently broke through support, and while value buyers seem to be trying to step in here, the controversy surrounding this company has not slowed down. Perhaps memories will be short, and the conservative backlash over their marketing and branding deal with Transgender influencer Dylan Mulvaney may subside later this year. However, it seems like the damage right now is setting up to be permanent. Take a look at the comment sections on the articles covering this controversy. So many have said they are making...
  • Target's stock downgraded by KeyBank Capital — but it's not because of its LGBTQ+ merchandise (oh, of course not!)

    06/05/2023 9:08:33 AM PDT · by cotton1706 · 15 replies
    Morningstar ^ | 6/5/23 | James Rogers
    Target's stock was downgraded to sector weight from overweight by KeyBanc Capital Markets. Target Corp.'s stock was downgraded to sector weight from overweight by KeyBanc Capital Markets Monday amid consumer spending pressures, specifically the impact of student loan repayments. "While we still believe in the LT [long-term] margin recovery story, we downgrade TGT to SW given increasing consumer headwinds over the next 12-18 months," wrote KeyBanc analyst Bradley Thomas, in a note. Specifically, the resumption of student loan payments represents a "sizeable" headwind for discretionary spending, according to Thomas. Student loan repayments are slated to resume later this year. Under...
  • JP Morgan downgrades Target ... company is on largest losing streak in over two decades!

    06/02/2023 1:08:11 PM PDT · by Red Badger · 22 replies
    Not The Bee ^ | Jun 2, 2023 | Staff
    More good Pride Month news coming from the corporate world! Target is paying the price for pushing transgenderism on kids. JP Morgan just downgraded Target's stock as an ongoing boycott of Target has hurt the stores' bottom line, losing them TENS OF BILLIONS of dollars. According to CNBC, JP Morgan Chase is downgrading Target's stock because the conservative moms' boycott is actually working. JP Morgan Chase thinks Target may be in for turbulent times ahead. The bank downgraded the retail giant to neutral from overweight Thursday, with a $144 price target, down from $182. The firm's new forecast implies about...
  • Target Stock Drops Below Chart Support

    Lowest low in the past year was $139.30 on 6/17/22 Stock on Friday dropped below this to closing of $138.93 Still dropping.
  • US S&P 500 Equity Risk Premium Plunges To “Death Zone” Level (Like East Palestine Ohio)

    02/19/2023 9:28:46 AM PST · by Kaiser8408a · 37 replies
    Confounded Interest ^ | 02/19/2023 | Anthony B. Sanders
    As the economy weakens and The Federal Reserve tightens (to fight inflation), we are seeing the lowest level of S&P 500 equity risk premiums since before the financial crisis. Call this map of the East Palestine, Ohio derailment and explosion of toxic chemicals (by Norfolk Southern Railroad) “The Buttigieg Retreat.” And how toxic chemicals are flowing through the US river system. Way to go, Mayor Pete amd Dementia Joe!
  • Pfizer loses $43 billion in worst month since 2009

    02/01/2023 6:28:49 PM PST · by Golden Eagle · 55 replies
    LA Daily News ^ | February 1, 2023 | Bre Bradham
    Shares of Pfizer suffered their biggest monthly decline since 2009 in January as investors anticipated a troubled path ahead for the drugmaker’s Covid products. The stock has slumped 15% this month, erasing $43 billion in market value. In its earnings report on Tuesday, Pfizer presented a weaker-than-estimated sales outlook for its Covid vaccine and pill, and its shares fluctuated. “PFE was already widely expected to guide below consensus – and the ’23 guide delivered on that,” Barclays analyst Carter Gould, who has a hold-equivalent rating on the stock, wrote in a note. Given the stock’s decline so far this month,...
  • Meta shares jump 14% on better-than-expected revenue

    02/01/2023 1:33:33 PM PST · by NohSpinZone · 1 replies
    CNBC ^ | 2/1/2023 | By Jonathan Vanian
    Meta shares popped in extended trading on Wednesday after the company reported fourth-quarter revenue that topped estimates and announced a $40 billion stock buyback. Here are the results. Earnings: $1.76 per share Revenue: $32.17 billion vs $31.53 billion expected, according to Refinitiv Daily Active Users (DAUs): 2 billion vs 1.99 billion expected, according to StreetAccount Monthly Active Users (MAUs): 2.96 billion vs billion expected, according to StreetAccount Average Revenue per User (ARPU): $10.86 vs $10.63 expected, according to StreetAccount
  • Odd Timing of Nancy Pelosi's Google Stock Sale Raises Concerns

    01/25/2023 8:47:22 PM PST · by BenLurkin · 24 replies
    Newsweak ^ | 1/25/23 | KATHERINE FUNG
    Representative Nancy Pelosi's decision to sell her Google stocks just a month before the Department of Justice (DOJ) and eight states sued the tech giant has raised eyebrows as to whether she knew a massive antitrust lawsuit was coming. The DOJ announced Tuesday that it was suing Google for abusing a monopoly over a "wide swath" of online advertising tools and corrupting "legitimate competition in the ad tech industry" by doing so. Shortly after the announcement, some social media users noticed that Pelosi sold up to $3 million of her Google stocks four weeks earlier. Congressional filings show that the...
  • Florida Man Brazenly Steals $5,500 In Vacuums From Bed, Bath & Beyond

    01/16/2023 9:34:46 PM PST · by Tolerance Sucks Rocks · 33 replies
    ESPN Southwest Florida ^ | January 12, 2023 | Joe Winner
    Bed, Bath & Beyond is reportedly facing bankruptcy and this week began another round of layoffs. Apparently ‘security’ was part of those layoffs as a Florida Man apparently walked into the store on Cleveland Avenue in Fort Myers and casually walked off without paying. The take? $5500.00 in Dyson vacuums. He left the plaza in a dark blue SUV. Dyson vacuums can run upwards of $750. If you see someone selling one on facebook marketplace “still in box”, be on alert. Buying stolen merchandise is illegal and under Florida law, they can try to charge you. Anyone with information regarding...