I totally agree with that statement. I've been buying stocks recently and I've just got that gain of just over 20% on them, which of course makes me happy :)
Chipmaker Nvidia' s$NVDAmarket valueexceeded two trillion dollars during today's session (46.9 trillionThe company's stock growth is based on growing demand for its chips used in artificial intelligence (AI) computing. The company increased net profit by 769 percent in the fourth quarter, according to Wednesday's earnings report .
Have you spotted Wheely as a new competitor to $UBER?
The luxury transportation company, for example, is offering transportation in the United Arab Emirates starting Wednesday, when Wheely will begin offering rides in BMW 5 Series and 7 Series vehicles for the first time as part of its Dubai debut.
It's a London start-up aimed at a high-net-worth clientele, with an average 30... Read more
Those classic tobacco products, I think, are not and will not be as popular anymore, but companies are moving on to making different and "better" products. I have plenty in BTI and MO, but I don't want to overbuy anymore and probably won't for a while.
Now we just got the mety ones in December and they seem better, we just tried the applacke ones. Anyway, in my opinion, it's going to be fast in the improvement now, so I'm sure both apple and all the other companies will step it up
The European Union's debt continued to decline in the third quarter of last year, falling to 82.6 of GDP.
In the Czech Republic, the trend was reversed and debt increased compared to the previous quarter, reaching 44.5 percent of economic output, according to Eurostat data. Government debt was at a record high in the Czech Republic.
Central bankers are trying to temper market expectations for interest rate cuts in 2024. The Federal Reserve and the European Central Bank are emphasizing the need for caution in adjusting to market expectations.
Money Market Expectations:
Money markets still expect a Federal Reserve rate cut by May and the first easing by the European... Read more
Interest rates should certainly start to fall this year. It is important how fast monetary policy easing will be. For me, the Fed in particular will go nice and slow on this. But we still need to be on guard and watch everything closely, as it was the rate cuts that were at the beginning of the eventual market downturn in the past.
INTERIM EU ANTI-MONEY LAUNDERING AGREEMENT UNDER THE CRYPTOS
- The European Union has reached an interim agreement to strengthen cooperation between national authorities in the fight against money laundering.
- The agreement focuses in particular on the cryptocurrency sector, with the aim of eliminating divergent approaches between Member States in the fight against money... Read more
1. **Lower regional bank profits:** In the fourth quarter of 2023, some large U.S. regional banks, including Charles Schwab, Citizens Financial, and U.S. Bancorp, saw their profits decline.
2. **Reasons for the decline in earnings:** The decrease in net interest income (NII) was driven by one-time fees and rising costs of maintaining customer... Read more
I think it's a reasonable step. They did put some money into it, but they won't have to pay the people who worked on it anymore.