Independent thinking for complex markets and current events
Micron (MU) stock exploded higher after UBS dramatically raised its price target from $535 to $1,625 — the highest on Wall Street. The stock surged as much as 14-19% during the day, briefly pushing Micron’s market cap above $1 trillion for the first time ever. Micron Technology (MU) stock is surging by as much as …
World Health Organization is holding an emergency session as the Bundibugyo virus spreads through the DRC and Uganda. Officials are tracking hundreds of suspected cases and more than 100 deaths from a virus that still has no approved vaccine. Some health workers are warning the outbreak is getting harder to contain after major funding cuts …
Senate Republicans are pushing a bill to fund $1 billion in taxpayer dollars for Secret Service upgrades. The proposal includes security for President Trump’s ballroom at the White House. The measure comes amid ongoing threats and recent incidents. Democrats have already criticized the high cost. A billion dollars for White House security upgrades is a …
Woman loses her home in fire. She asks insurance to rebuild the same home — no upgrades, no expansion. Insurance says NO. byu/TonyLiberty inFluentInFinance
You did not notice because it felt like progress. A new iPhone. A new line. A new payment. Every September, the same ritual repeats. Behind the glass and aluminum, something was breaking. That viral tweet claiming that $17,000 spent on iPhones would have turned into $367 million is fiction (Benzinga). Even Benzinga admits the math …
UBS calls gold a “must-have asset” against policy risk, and they aren’t alone – China’s insurance industry is now required to own as a safety net. The real question: What does this tell us about the fragility of the global financial system? By Peter Reagan Your News to Know rounds up the most important stories …
– The nation’s largest energy parts supplier has announced that there will be a 20 WEEK Delay on Deliveries and parts. This will no doubt effect many companies and people who rely on Schneider Electric for many different reasons. They also mention a lack of domestic and global materials. This is something that could grow …
Article: https://archive.ph/MrNyx#selection-4533.0-4533.59 “Apple Inc.’s basic iPhone 15 model is taking almost twice as long for deliveries this year than its predecessor, signaling high demand for the company’s latest handsets. In China, Apple’s biggest overseas market, wait times for the iPhone 15 have quadrupled, according to data from Counterpoint Research. At the other end of the spectrum, …