Month: September 2024
Chase Bank says it is aware of viral ‘glitch’ inviting people to commit check fraud
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT The Chase bank logo above ATMs, taken in Manhattan. Michael Kappeler | Picture Alliance | Getty Images Chase Bank is urging its customers not to commit check fraud. The bank’s plea comes after this weekend a viral trend took over TikTok and X, with users […]
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Goldman Sachs says this Mexico-based Coca-Cola bottler is poised to jump more than 30%
Coca-Cola FEMSA could be a good defensive buy for investors looking to hedge upcoming election volatility, according to Goldman Sachs. The bank upgraded shares of the Mexico-based coke bottler to a buy rating from neutral. The firm also set a new 12-month target price of $113.70, up from $108.30. This updated forecast is about 35% […]
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Nvidia tumbles, leading chip stocks lower
Jensen Huang, co-founder and CEO of Nvidia, displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference in San Jose, California, on March 18, 2024. David Paul Morris/Bloomberg via Getty Images Semiconductor stocks, led by Nvidia, fell Tuesday during an overall down day for the market. The S&P 500 slid by more than […]
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Trump Media stock slides under $18, a new low since it began publicly trading
Jakub Porzycki | Nurphoto | Getty Images The share price of Trump Media, whose majority shareholder is former President Donald Trump, fell Tuesday to the lowest level seen since the company began public trading in March following a merger. DJT shares dropped to $17.89 per share around midday Tuesday, The stock’s prior low was set on Aug. 28, when it hit […]
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House Democrats ask Trump for proof he did not take $10 million ‘cash bribe’ from Egypt
Republican presidential candidate Donald Trump (L) meets with Egyptian President Abdel Fattah el-Sisi at the Plaza Hotel on September 19, 2016 in New York. Dominick Reuter | AFP | Getty Images Democrats on the House Oversight Committee asked Donald Trump to show proof that he never received any money from Egypt, following a recent report […]
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An under-the-radar consumer stock breaking out despite economic worries, according to the charts
There has been a resurgence in talks of a coming recession from various factors including an uptick in unemployment, the yield curve coming out of inversion, and continued elevated borrowing costs despite the initial Fed rate cut expected in September. We’ll discuss an under-the-radar consumer stock bucking these pressures. A quick look at the Consumer Discretionary […]
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Steph Curry says he wants to be an NBA owner in the future
Four-time NBA Champion Steph Curry is already planning for life after basketball. The 10-time NBA All-Star spoke to CNBC’s “Squawk on the Street” on Tuesday about the rest of his basketball career, his various businesses and goals for after his playing career ends. The 36-year-old Curry has a media company, Unanimous Media, and a youth […]
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NFL season expected to spur record $35 billion in legal sports wagers
Joe Milton III #19 of the New England Patriots scrambles from the pressure of Kyu Blu Kelly #36 of the Washington Commanders during the third quarter of a preseason game at Commanders Field on August 25, 2024 in Landover, Maryland. Scott Taetsch | Getty Images Sport | Getty Images Football is back, and it’s expected […]
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Weak manufacturing measures raise specter of U.S. economic slowdown
Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters U.S. factories remained in slowdown mode in August, fueling fears about where the economy is headed, according to separate manufacturing gauges. The Institute for Supply Management monthly survey of purchasing managers […]
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Former top aide to New York Gov. Hochul charged with acting as foreign agent for China
This an aerial view of the Saxony Court, home in Manhasset, New York belonging to Chris Hu and Linda Sun, July 24, 2024. Sun is the former deputy chief of staff for New York State governor Kathy Hochul. The FBI searched the home on July 23, 2024. J. Conrad Williams Jr. | Newsday | Getty […]
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