Month: August 2022

Trump-linked SPAC’s stock falls as shareholders weigh delaying merger with ex-president’s media firm
Business

Trump-linked SPAC’s stock falls as shareholders weigh delaying merger with ex-president’s media firm

The TRUTH Social website is seen on a mobile device with an image of former US president Donald Trump in the background in this photo illustration in Warsaw, Poland on 23 February, 2022. Nurphoto | Getty Images Digital World Acquisition Corporation, the company that plans to take Trump Media and Technology Group public, saw its […]

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3 takeaways from the Investing Club’s ‘Morning Meeting’ on Monday
Business

3 takeaways from the Investing Club’s ‘Morning Meeting’ on Monday

Jim Cramer explains why the CNBC Investing Club is putting cash to work during Monday’s market declines — and discloses the one stock he’s looking to sell. Source

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Iraq’s highly effective Sadr says he quits politics, protests escalate
World

Iraq’s highly effective Sadr says he quits politics, protests escalate

Iraqi populist chief Muqtada al-Sadr delivers a televised speech in Najaf, Iraq August 3, 2022.  Alaa Al-marjani | Reuters Iraq’s impressive Shi’ite Muslim cleric Moqtada al-Sadr mentioned on Monday he was quitting politics and closing his establishments in response to an intractable political deadlock, sparking protests by his followers and increasing fears of a lot […]

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China’s Shenzhen shuts electronics current market to combat Covid outbreak
World

China’s Shenzhen shuts electronics current market to combat Covid outbreak

Properties in Shenzhen on Tuesday, March 15, 2022. The previous fishing village, now a tech hub recognised as China’s Silicon Valley, has joined Beijing and Shanghai as the world’s leading three metropolitan areas for billionaires, edging out New York for the very first time this calendar year. Bertha Wang | Bloomberg | Getty Photographs Authorities […]

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Honda and LG Energy Solution to build .4 billion EV battery plant in U.S.
Business

Honda and LG Energy Solution to build $4.4 billion EV battery plant in U.S.

An employee inspects the door of a 2018 Honda Accord vehicle during production at the Honda of America Manufacturing Inc. Marysville Auto Plant in Marysville, Ohio, on Thursday, Dec. 21, 2017. Ty Wright | Bloomberg | Getty Images Honda Motor and LG Energy Solution said Monday they plan to invest $4.4 billion to build a […]

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JPMorgan states Apple’s Mac provide has normalized
Technology

JPMorgan states Apple’s Mac provide has normalized

Apple CEO Tim Prepare dinner poses in entrance of a new MacBook Airs functioning M2 chips exhibit throughout Apple’s annual Around the world Developers Convention in San Jose, California, June 6, 2022. Peter Dasilva | Reuters Apple’s Mac provide chain has normalized, according to analysts at JPMorgan, who reported guide periods have moderated to a […]

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We’re buying some more tech and two of our newer stocks in a down market
Business

We’re buying some more tech and two of our newer stocks in a down market

As Jim Cramer wrote Sunday, the Club is sticking with tech stocks as we believe the end is near. Source

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Panera Bread tests artificial intelligence technology in drive-thru lanes
Business

Panera Bread tests artificial intelligence technology in drive-thru lanes

A Panera Bread location in Spring Hill, Florida. Jeff Greenberg | Universal Images Group | Getty Images Starting Monday, drive-thru customers at two Panera Bread locations in upstate New York will have their orders taken by a computer in a test of artificial intelligence technology’s accuracy and ability to decrease service times. The sandwich chain […]

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5 things to know before the stock market opens Monday
Business

5 things to know before the stock market opens Monday

Traders on the floor of the NYSE, Aug. 11, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Ugly Monday Stock markets ended last week on a sour note, as all three major U.S. indexes sold off sharply for their worst closes in months after […]

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