Month: March 2024

No Cease-Fire Before Ramadan

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🇮🇱 🇮🇱 Efforts to secure a cease-fire in the Israel-Hamas war before the expected start of the Muslim holy month of Ramadan on Sunday appear to be failing, frustrating the delivery of urgent aid into Gaza and increasing the risk of a wider conflict

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Mondi To Buy DS Smith

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🇬🇧 🇬🇧 Mondi Plc agreed to buy DS Smith Plc for £5.1 billion ($6.5 billion) in a deal that would create one of the world’s largest makers of packaging

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S&P Pushes Higher

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🚨 🚨 The S&P 500 is back in all time high territory, hitting 5155, now up 9% in 2024. Remarkably, even as many large stocks are down, many of which previously led the market, the S&P 500 is pushing higher

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EURGBP Falls To 3-Week Low

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🇪🇺 🇬🇧 EUR/GBP – Falls To 3-Week Low As ECB Takes Step Towards Cut

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ECB Cuts Inflation And Growth Forecasts

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🇪🇺 🇪🇺 BREAKING: European Central Bank holds interest rates, cuts inflation and growth forecasts

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Kroger Beats

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🚨 🚨 Kroger rallies 5% after Q4 margin improvement, strong profit guidance

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Berkahire Increases Stake In Liberty Sirius

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🚨 🚨 Berkshire Hathaway purchased about 3.7 million shares of Liberty Sirius XM Holdings, the tracking stock for Sirius XM Holdings, in recent days, bringing its stake in the tracker to almost 76 million shares

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Nvidia Will Jump To $1,000

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🧠 🧠 Mizuho/Nvidia: “We see multiples continuing to expand in the face of the AI rally. No change to estimates but [we] see potential for outperformance given strong AI demand continues to outpace supply”

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Hugo Boss Plunges 18%

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🇩🇪 🇩🇪 Hugo Boss plunges 18% on pessimistic sales outlook in worst day since 2016

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GE Aerospace: $15B Of Buybacks

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✈️ ✈️ GE Aerospace targets bigger shareholder payout, sets $15B stock buyback program

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