Independent thinking for complex markets and current events
Target‘s annual revenue has fallen year over year for the FIRST TIME in SEVEN YEARS! From the Wall Street Journal: The company has been battling the effects of weaker traffic to its stores and shoppers spending a bigger chunk of their budgets on food and other essentials. On Tuesday it said revenue in the year …
In China Adidas expects a stronger recovery, with sales growing at a double-digit rate after an 8% increase in 2023. Read more: https://t.co/Uhbm4Profe — unusual_whales (@unusual_whales) March 15, 2024 Go woke, go broke. Shareholder lawsuits willl follow. — Elon Musk (@elonmusk) March 15, 2024 I wonder what happened pic.twitter.com/mjDBYenJ4G — Natalia Soria (@natysoria) March 15, …
Cautious #ECB last week amid upside risks to inflation due to solid wage growth. More data is needed to confirm that inflation is sustainably converging to target. Encouragingly, compensation per employee eased in Q4 to 2.8% from 3.6% Y/Y in line with negotiated wages. pic.twitter.com/rLmagWxE3n — Sabrina Khanniche (@skhanniche) March 14, 2024 The Eurozone’s economic …
The United States has approved and delivered on more than 100 arms sales to Israel since October 7, US officials recently told Congress in a classified briefing, according to a Washington Post report citing unnamed officials. According to the report, the sales included thousands of precision-guided munitions, small-diameter bombs and other weapons. They did not …
Number of funds owning Best Buy shares is also decreasing (source: FinFab app for iPhone) h/t ChampionshipUsed9855
The timing couldn’t be worse for Donald Trump as he faces the prospect of having to sell property to cover a massive verdict against him. The former president said in a court filing Wednesday he may soon need “to raise capital under exigent circumstances” to push ahead with an appeal of New York state’s $454 …
Well sure they are selling on highs, not lows like retails. h/t ChampionshipUsed9855
by confoundedinterest17 Another Biden program bites the dust, this time his big push to encourage everyone to buy an electric vehicle (EV). Meanwhile, Biden keeps going on vacation (as if he REALLY cares about middle America). Cars and light trucks are seeing declining YoY sales in January (-0.7%) as M2 Money growth remains negative. Automotive News was the …
Yesterday I personally interviewed a Bud Light truck driver in New York and he confirmed the damage from the boycott is MUCH WORSE than is being reported. His sales are DOWN 90% (or in a good week 86%) on his route and has ZERO expectation sales will improve before he retires in the next SIX …
Barrick Gold Corporation GOLD recorded net earnings (on a reported basis) of $479 million or 27 cents per share in fourth-quarter 2023. The figure improved from a loss of $735 million or 42 cents per share in the year-ago quarter. Barring one-time items, adjusted earnings per share were 27 cents. The figure beat the Zacks …
WASHINGTON — A watchdog group is demanding documents from the Biden administration after whistleblowers alleged that a regulation is under development that would effectively ban private gun sales. The group, Empower Oversight, said Wednesday that two sources have claimed that the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) is preparing to propose a rule …
Fast food giants like McDonald’s, KFC, Pizza Hut, and Taco Bell are experiencing a significant downturn in sales as Americans grapple with escalating prices on their once-affordable menu items. The frustration of consumers is palpable, manifesting in dwindling sales figures for these iconic fast-food chains. In a rare admission of the challenges faced by McDonald’s, …
A long-time Amazon seller is excited about using TikTok as a new way to sell products, comparing it to Amazon’s success. However, they’re having trouble with TikTok banning their stores and are looking for help to continue their sales on the platform. For the first time in my 10+ years of selling on Amazon, I …
Sky News: Mr Bean actor Rowan Atkinson blamed for slow electric car sales. Rowan Atkinson has been blamed for “damaging” the reputation of electric vehicles (EVs) and contributing to slow sales. The Mr Bean actor was name-checked in the House of Lords on Tuesday during its environment and climate change committee meeting. Thinktank Green Alliance …
Seattle introduced a mandatory $5 fee on delivery apps to cover their driver’s living wage and sales were almost cut in half. Now the drivers can’t make rent. pic.twitter.com/gOZmX1vvwX — Chef Andrew Gruel (@ChefGruel) February 5, 2024
Historically Salesforce Insiders had good timing with selling stocks according to this chart. h/t ChampionshipUsed9855
Automakers have seen wavering demand for EVs across the country, but California has always been the stronghold for electric adoption and infrastructure. Even so, the tides turned late last year, which could signal slower times ahead for the industry. EV sales fell for two consecutive quarters last year, down ten percent between Q3 and Q4, …
Apple reported fiscal first-quarter earnings Thursday that beat estimates for revenue and earnings, but it showed a 13% decline in sales in China, one of its most important markets. Apple shares fell more than 4% in extended trading after management provided some details about outlook for the current quarter that suggested weakness in iPhone sales. …
WASHINGTON — A watchdog group is demanding documents from the Biden administration after whistleblowers alleged that a regulation is under development that would effectively ban private gun sales. The group, Empower Oversight, said Wednesday that two sources have claimed that the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) is preparing to propose a rule …
Another interesting thing is that they are doing massive buyback in the same time: h/t ChampionshipUsed9855
h/t ChampionshipUsed9855
by ByteWanderer Looks like price strength is gone. I know it’s seasonal, but the decline seems sharper around now. I don’t think you should buy puts (unless retail prices crater), but I’m not getting calls until price strength is back. Here is the Full Report
by confoundedinterest17 The Fed had better think twice about expected rate cuts. The market just isn’t feeling it. Treasury yields rose Wednesday, with the 10-year yield touching almost 4.10% as investors focused on stronger-than-expected December retail sales and the latest remarks from Federal Reserve members. The yield on the 10-year Treasury note was recently up 4 basis points at …
Google is laying off several hundred employees in its advertising-sales team, Business Insider has learned. The search giant plans to cut hundreds of roles from its advertising-sales unit as part of a restructuring, Philipp Schindler, Google’s chief business officer, told staff Tuesday in a memo. Schindler wrote that the cuts were the result of changes …
BREAKING: China economy grew around 5.2% in 2023: Premier READ: https://t.co/YFpRF9hjFj pic.twitter.com/kC6OyTC4YN — Insider Paper (@TheInsiderPaper) January 16, 2024 Chinese Premier Li Qiang said Tuesday the country’s economy was expected to have grown by around 5.2 percent in 2023, as he addressed an annual meeting of global elites in Davos. The figure would represent an …
by ChampionshipUsed9855 Zuckerberg selling 428$million in Meta stocks Mark Zuckerberg sold nearly half a billion dollars of Meta Platforms Inc. shares in the final two months of 2023 after a two-year hiatus in which the company’s stock price hit its lowest in seven years. The Meta chief executive sold shares on every trading day between …
China is making a big move as the New Year approaches…. China is sanctioning several large U.S. Companies due to the recently announced arms sales to Taiwan, and retaliation sanctions against Chinese companies doing business with Russia. China’s Foreign Ministry on Sunday sanctioned the companies BAE Systems Land and Armament, Alliant Techsystems Operation, AeroVironment, ViaSat …
