Month: December 2023

Hyperloop One Is Shutting Down

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🔁 🔁 Hyperloop One, the futuristic transportation company building tube-encased lines to zip passengers and freight from city to city at airplane-like speeds, is shutting down
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China: New Gaming Rules

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🇨🇳 🇨🇳 BREAKING: Tencent, Netease shares plummet on new China online gaming guidelines
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Buffett Buys More OXY Stock

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🚨 🚨 BREAKING: Berkshire Buys More Occidental Stock, Bringing Its Stake To 28%
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MUFG Sees BOJ Acting In Jan

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🇯🇵 🇯🇵 Japan’s largest financial group MUFG CEO says Bank of Japan could end negative rates in January
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Attention Small Investors

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Container Rates Hit $10K

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🚢 🚢 Container rates hit $10,000 as ocean freight inflation soars in Red Sea crisis. 158 vessels carrying approximately $105 billion in ocean freight being diverted away from the Red Sea
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UBS Cautions On A Bull Trap

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🚨 🚨 UBS predicts S&P 500 drop in Q1 2024, cautions on bull trap. Foresee a downturn to 4280 in March
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Nike Cuts Sales Outlook

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👟 👟 Nike sinks 10% after it slashes sales outlook, unveils $2 billion in cost cuts
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US Consumer Bullish On Stocks

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🚨 🚨 New data from the Conference Board shows 37.4% of respondents see stocks increasing next year, up from 32.9% in November
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BNPL Has Exploded

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🛍️ 🛍️ While BNPL has been gradually gaining ground as a popular financing tool for years, especially among younger consumers, it seemed to have exploded this year on Black Friday weekend. Per Adobe Analytics, BNPL contributed $940 million to Cyber Monday sales alone, up 43% from a year ago and reaching a record high
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