Business
CWEB Summarized Business Newsletter September 28, 2023
This week, mortgage rates reached their highest point in 23 years, dealing a further blow to the housing industry. According to Freddie Mac, the...
Business
CWEB Summarized Business Newsletter September 27, 2023
The stock market is vulnerable to a government shutdown. Both the White House and Wall Street believed the economy could weather a temporary shutdown,...
Business
CWEB Summarized Business Newsletter September 26, 2023
According to data released on Tuesday, rising gas costs and high interest rates contributed to more economic uncertainty and reduced consumer confidence in September....
Business
CWEB Summarized Business Newsletter September 25, 2023
A shutdown of the federal government in the United States is imminent. Who is affected by this, and what will happen next? While essential...
Business
CWEB Summarized Business Newsletter September 22, 2023
Nearing the close of a week in which the stock market fell sharply, the S&P 500 showed little movement on Friday afternoon. While the...
Business
CWEB Summarized Business Newsletter September 21, 2023
The stock market continues to fall as Wall Street prepares for "higher for longer" interest rates. The Dow Jones Industrial Average (DJI) fell 0.6%,...
Business
CWEB Summarized Business Newsletter September 20, 2023
A delay in further rate hikes is widely anticipated by the Federal Reserve today, providing some relief from rising rates for savers and borrowers....
Business
CWEB Summarized Business Newsletter September 19, 2023
As Wall Street awaited the outcome of this week's Federal Reserve policy meeting, stocks fell on Tuesday. There was a loss of 297 points...
Business
CWEB Summarized Business Newsletter September 18, 2023
Monday afternoon stocks inched up as Wall Street prepared for the next interest rate decision from the Federal Reserve. We will be listening to...
Business
CWEB Summarized Business Newsletter September 17, 2023
After a volatile week, US equities closed substantially lower on Friday, as Treasury yields rose as investors' risk appetite was reduced by falling chip...
Business
CWEB Summarized Business Newsletter September 16, 2023
Instacart, a supermarket delivery service, has increased its IPO price goal by $2, to $28-$30, after the successful debut of British chip designer Arm...
Business
CWEB Summarized Business Newsletter September 15, 2023
President Joe Biden said he will send two members of his team to Detroit to engage both sides in talks to resolve the strike...
Business
CWEB Summarized Business Newsletter September 14, 2023
For the first time in three days, the Dow Jones Industrial Average rose as investors responded positively to positive economic data and the initial...
Business
CWEB Summarized Business Newsletter September 13th, 2023
Wednesday's stock gains came after investors digested a core inflation reading for August that was much higher than expected. A rise of 50 points,...
Business
CWEB Summarized Business Newsletter September 12th, 2023
Oracle, the market leader in artificial intelligence, reported weaker-than-expected earnings for the second quarter, sending the stock market tumbling on Tuesday. The ceremony to...
Business
CWEB Summarized Business Newsletter September 11th, 2023
Traders On Wall Street are anticipating economic data that will help them form opinions on how close the Federal Reserve is to ending its...
Business
CWEB Summarized Business Newsletter September 9th 2023
Every Thursday in September, Starbucks (SBUX) will be giving away free drinks to help you transition into fall. The "September ThursYays" BOGO deal (buy...
Business
CWEB Summarized Business Newsletter September 7th and 8th 2023
Spectrum has yet to restore ABC7, ESPN, and other cable channels. As the two companies continue to work on a new agreement, Spectrum subscribers...
Business
CWEB Summarized Business Newsletter September 6th 2023
On Wednesday, when investors sold short-term U.S. debt due to concerns about further rate hikes from the Federal Reserve, Treasury rates increased. Two-year yield...
Business
CWEB Summarized Business Newsletter September 5th 2023
Arm Holdings Ltd, the chip designer subsidiary of SoftBank Group (9984.T), began its IPO roadshow on Tuesday, hoping to convince investors that the company...
Business
CWEB Summarized Business Newsletter August 31st 2023
The boom in cannabis equities that began yesterday on hopes that the medicine would be downgraded from Schedule I to Schedule III continued today....
Business
CWEB Summarized Business Newsletter August 29th 2023
Soon, Apple will unveil its newest groundbreaking product. The event, which has been scheduled for September 12 at 1PM ET / 10AM PT, is...
Business
CWEB Summarized Business Newsletter August 28th 2023
After announcing on Monday that it would invest an additional $1.7 billion this year to complete its three data center facilities in central Ohio,...
Business
CWEB Summarized Business Newsletter August 24th 2023
On Thursday, Subway announced its acquisition by Roark Capital, a private equity firm specializing in restaurant management. This strategic move is expected to facilitate...
Business
CWEB Summarized Business Newsletter August 23rd 2023
As the AI hype train continues to push markets higher, Nvidia (NVDA) revealed second quarter earnings Wednesday after the bell that blew beyond already...
Business
CWEB Summarized Business Newsletter August 22nd 2023
An in-depth investigation of Qualcomm's (QCOM.O) acquisition of Israeli auto-chip maker Autotalks is set to begin on Wednesday, Politico reported on Tuesday, citing people...
Business
CWEB Summarized Business Newsletter August 21st 2023
Since Messi signed with Inter Miami, one of the team's owners tweeted those subscriptions to the MLS Season Pass on Apple TV+ had more...
Business
CWEB Summarized Business Newsletter August 17th 2023
The largest retailer in the United States, Walmart, beat Wall Street's profit and sales forecasts. Its forecast for the year as a whole is...
Business
CWEB Summarized Business Newsletter August 16th 2023
Due to customers continued need for necessities like groceries, Walmart is expected to increase its full-year prediction when it releases quarterly earnings on Thursday,...
Business
CWEB Summarized Business Newsletter August 15th 2023
On Thursday morning, retail giant Walmart (WMT) will report earnings. We recommend buying Walmart stock now. The Commerce Department said on Tuesday that retail...
Business
CWEB Summarized Business Newsletter August 14th 2023
An Earnings increase is anticipated this week from both Walmart and Target. In May, sales at both stores exceeded projections made by investors.Federal prosecutors...
Business
CWEB Summarized Business Newsletter August 10th 2023
According to the most recent numbers issued by the Bureau of Labour Statistics on Thursday morning, consumer prices rose quicker in July compared to...
Business
CWEB Summarized Business Newsletter August 9th 2023
Ecuadorian Presidential Candidate Shot Dead at Campaign Rally, Breaking News. Fernando Villavicencio was one of eight contenders in an upcoming election.On Tuesday, research showed...
Business
CWEB Summarized Business Newsletter August 8th 2023
ESPN Signs $2 Billion Gambling Deal With Casino Firm. Following the release of positive earnings news, Penn National Gaming's (PENN) stock price skyrocketed. The...
Business
CWEB Summarized Business Newsletter August 7th 2023
After a more than 400-point gain on Monday, Dow Jones futures remained relatively unchanged in the hours leading up to Tuesday's opening. On Monday,...
Business
CWEB Summarized Business Newsletter August 6th 2023
After Elon Musk declared that their fight would be streamed live on X, formerly known as Twitter, Mark Zuckerberg responded by striking back and...
Business
CWEB Summarized Business Newsletter August 4th 2023
Apple (AAPL) stock dropped 2.1% in Thursday's after-market trade, after the tech titan reported another quarterly sales fall. Services revenue hit a record $21.2B...
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