Month: May 2024

Dow Jumps To New Record

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🚨 🚨 BREAKING: Dow rises to 40,000 for the first time

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China Offloads USTs

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🇨🇳 🇨🇳 Beijing offloaded a total of $53.3 billion of Treasuries and agency bonds combined in the first quarter, according to calculations based on the latest data from the US Department of the Treasury. Belgium, often seen as a custodian of China’s holdings, disposed of $22 billion of Treasuries during the period

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Fast Food: Make 44%

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🚨 🚨 RBC has turned bullish on a fast food stock wich it says can climb 44% over the next 12 months. Valuation looks attractive at 22% below its 5-year average. Talk To Us Now

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Walmart Beats

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🚨 🚨 BREAKING: Walmart earnings beat as discounter wins over more high-income shoppers, e-commerce sales jump. Stock climbs 4.50% pre-market

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Baidu Beats

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🚨 🚨 BREAKING: Baidu rises after Q1 beat as AI Cloud sales grow despite slowdown in marketing revenue. Stock climbs 1.56% pre-market

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It’s About Services Inflation, Silly

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🚨 🚨 It’s About Services Inflation, Silly: The problem is that services inflation remains stubbornly high, and accounts for substantially all of headline inflation at this point. Most disquietingly, supercore is on a continuing rising trend. It’s near 5%, and far above any level with which the central bank can be comfortable

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Indians Rule Dubai’s Property Market

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🇮🇳 🇮🇳 Indians top the list in owning residential properties in Dubai with 35,000 properties and 29,700 owners among foreigners, Pakistan daily Dawn reported on Tuesday. The total value of these properties is estimated to be $17 billion for 2022

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ANZ Sees Oil At $100

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🛢️ 🛢️ ANZ sees a scenario where oil prices could return to $100 per barrel. The firm says that an extension to OPEC+ production cuts could produce “eye-watering deficits”

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Hedge Fund Is Buying An Unknown AI-Related Stock

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🚨 🚨 Hedge Fund is buying an AI related stock that has climbed 116% in 12 months. Talk To Us Now To Profit From Further Price Action
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