Newsweek Cover: The Recession Is Over

And here’s Obama commenting on the cover at a Town Hall meeting in Raleigh, NC Wednesday morning:
In his article in Saturday’s WSJ (“Nvidia’s Sucess Is The Stock Market’s Problem, Broadly” [SUBSCRIPTION REQUIRED]), James Mackintosh outlined the two things driving stocks: demand for AI chips and concern about the economy and interest rates. The former is pushing…
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Air BnB (ABNB) reported 1Q24 earnings Wednesday afternoon and is currently set to get hit hard in Thursday’s session. Weak 2Q24 guidance of revenue +8% to +10% and Adjusted EBITDA of flat to up appears to be the culprit. But…
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The market has really sold off over the last couple hours. After being up strongly at the open on strong earnings news from Intel and others, the market has pretty much tanked (Nasdaq Chart). It looks like one of the…