News

Shortly after the opening bell, we will sell 18 shares of Meta Platforms at roughly $542.3 and 20 shares of Palo Alto Networks at roughly $343. Following the trades, Jim Cramer’s Charitable Trust will own 275 shares of META, decreasing its weighting to 4.45% from 4.7%; and 230 of PANW,…

For better or worse, the history of capitalism will be defined, in part, by the success of e-commerce giant Amazon (NASDAQ:AMZN). In addition to being one of the largest publicly traded companies on the planet, it is a business that continues to grow at a rapid pace. Over its lifetime,…

Employment scams surged last year, as criminals leveraged artificial intelligence to steal money and personal information from unsuspecting job seekers, experts said.Consumer reports of job scams jumped 118% in 2023 from the prior year, according to a recent report by the Identity Theft Resource Center.Thieves generally pose as recruiters and…

Chevron (NYSE:CVX), like many Energy-sector stocks, has struggled on a relative basis to the S&P 500 so far in 2024. The group is higher, of course, but momentum has not been consistent with resource stocks over the past handful of months. Among the more recent trends that should be a…

Iran elected Masoud Pezeshkian to its presidency, in an unexpected victory for the country’s reformist camp amid deep social discontent, economic hardship, and regional war.Pezeshkian won 16.3 million votes, according to reports which cited the local authorities, with the election seeing a 49.8% turnout. His rival Saeed Jalili, a hard-line…

Huge undercount of immigrants since 2022 messes up employment data in the household survey. Census Bureau needs to adopt Congressional Budget Office’s population estimates or go home. The jobs report data released today is based on two large surveys: The survey of “establishments” (employers): nonfarm jobs created (+206,000 in June),…

Check out the companies making headlines before the bell. Crypto stocks — Stocks tied to bitcoin price slid after the cryptocurrency dropped 5% to its lowest level since February , with the now defunct Mt. Gox exchange beginning repayments to creditors, as expected . Coinbase and MicroStrategy each lost 5%…

The U.S. economy again added slightly more jobs than expected in June though the unemployment rate increased, the Labor Department reported Friday.Nonfarm payrolls increased by 206,000 for the month, better than the 200,000 Dow Jones forecast though less than the downwardly revised gain of 218,000 in May, which was cut…

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