Broadcom’s AI chips are skyrocketing sales by 280%! Could this be the tech stock of 2024? 📈
As Broadcom prepares to release its fiscal 2024 third-quarter earnings report on September 5, 2024, investor optimism is running high. Analysts expect a strong performance, projecting earnings of $1.20 per share on revenues of $12.96 billion, reflecting a 46% year-over-year growth.
Savings are at historic lows, credit cards maxed out—what happens when consumer spending collapses? 💥
When analyzing the stock market's future, relying solely on past earnings reports can be misleading. While mainstream media often uses these reports to predict future market movements, this approach overlooks the critical factor of earnings forecasts. Recent trends show
KFC and Big Lots are just the beginning, Major chains are going bankrupt at a record pace ⚠️
The U.S. is witnessing a surge in business bankruptcies, highlighting significant economic distress across various sectors. Bankruptcy filings have increased by over 40% as of mid-2024, indicating widespread financial difficulties from small businesses to large corporations.
X is banned in Brazil! Is this the end of free speech? 🛑
Brazilian Supreme Court Justice Alexandre de Moraes has ordered internet service providers to block access to X (formerly Twitter) in Brazil due to the platform's refusal to appoint a local legal representative to manage government censorship requests. Justice de Moraes also directed
Walmart, Aldi, and Temu are out for blood—Is Dollar Tree ready for the fight? 🥊
Dollar Tree (DLTR) is set to report earnings next week (Wednesday, September 4, 2024) amid heightened tension in the discount retail sector following a 30% earnings decline for Dollar General (DG). The decline led to DG's worst trading day ever, with concerns over "financially constrained" customers.
Are the jobs numbers even real anymore? 😳 Investors are losing trust in the BLS, and here’s why…
The upcoming U.S. Jobs Report, set for release on Friday, September 6, 2024, will provide crucial insights into the state of the labor market. Economists are forecasting the addition of 163,000 nonfarm payroll jobs for August, a notable increase from the 114,000 jobs added in July.
