Boeing Max crisis causes Southwest and United to reevaluate growth plans.
From CNBC: Boeing’s Max crisis is prompting airlines like Southwest and Alaska to reassess growth plans due to quality control
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Dow Jones Futures hit record close with big techs leading; some stocks show buy signals.
From Investor’s Business Daily: The stock market rally continued despite high CPI data, with big techs like Oracle and Nvidia
Firm Capital Property Trust reports strong Q4/2023 results with high occupancy rates.
From GlobeNewswire: Firm Capital Property Trust (FCPT) reports financial results for Q4 and full year 2023, with a portfolio of
Super Micro Computer stock surges with AI server demand, impressive growth and high potential.
From Nasdaq: The artificial intelligence (AI) market is set to reach $2 trillion by the end of the decade, attracting
Organized retail crime rings target retailers, Ulta CEO blames e-commerce sites, concern over violence.
From CNBC: Sophisticated organized retail crime rings are targeting retailers like Ulta Beauty, T.J. Maxx, and Walgreens, stealing and reselling
ODDITY Tech Ltd. is launching a secondary public offering of Class A ordinary shares.
From GlobeNewswire: ODDITY Tech Ltd. has announced the commencement of an underwritten secondary public offering of 4,000,000 Class A ordinary
Rackspace Technology reports fourth quarter revenue decrease, but exceeds guidance; reduces debt significantly.
From GlobeNewswire: Rackspace Technology, Inc. announces fourth quarter revenue of $720 million, down 9% year-over-year, and 2023 revenue of $2,957
Aterian reported decreased revenue and improved loss, aiming for profitability in the second half of 2024.
From GlobeNewswire: Aterian, Inc. announced fourth quarter and full year results for 2023. In the fourth quarter, net revenue decreased
Southwest Airlines reduces capacity and revises forecast due to Boeing delivery delays
From CNBC: Southwest Airlines is reducing its capacity plans and revising financial forecasts due to Boeing delivery delays. Instead of
Money experts have mixed opinions on cryptocurrency - some caution against it, others see potential
From Nasdaq: Cryptocurrency is a divisive asset class with some seeing it as revolutionary and others as a worthless speculation.
Multiple companies are expected to report earnings on 03/13/2024, with varying expectations for EPS.
From Nasdaq Inc.: Earnings reports for Dollar Tree, Williams-Sonoma, ZIM Integrated Shipping Services, ProFrac Holding Corp, Liquidia Corporation, and more
The New York Times denies hacking OpenAI's systems and accuses tech companies of copying content, lawsuit.
From Daily Mail: The New York Times filed a copyright lawsuit against OpenAI and Microsoft, alleging the tech companies illegally
Organized crime rings targeting retailers Ulta, TJX, and Walgreens for theft and violence
From CNBC: , then proceed to fill it with hundreds of dollars’ worth of skin care products. The man leaves
Archer-Daniels-Midland faces earnings shortfall, accounting trouble, and investigations from DOJ/SEC
From NASDAQ: Archer-Daniels-Midland (NYSE: ADM) faces challenges: disappointing Q4 earnings, accounting irregularities, and DOJ/SEC investigations. Financial uncertainty and future trajectory
High options trading volume for AMD, ALGM, and AIG
From Nasdaq: Today, Advanced Micro Devices Inc (AMD) saw significant options trading volume, with 598,808 contracts traded, representing 59.9 million
Physical Intelligence is developing AI software to enhance robots, bridging gap with chatbots
From Bloomberg: AI systems in software have exceeded moving robots in sophistication in recent years. While robots excel at tasks
Elon Musk releasing Grok chatbot source code to public, raising questions about intentions
From Future plc: Elon Musk set to release X Corp’s Grok AI chatbot source code to the public this week,
Frontier Airlines offers UpFront Plus to block middle seats in first rows for extra legroom
From CNBC: Frontier Airlines introduces UpFront Plus, a new offering to block the sale of middle seats in the first
Apple agrees to allow developers in Europe to distribute apps directly to consumers, impacting App Store profits
From Nasdaq: Apple has agreed to allow developers in Europe to distribute their apps directly to consumers, in compliance with
Tesla prioritizes Southeast Asia expansion, faces tough competition from BYD in EV market
From NASDAQ: Tesla is prioritizing expansion into Southeast Asia, aiming to tap into the fast-growing EV market where it faces
Bitcoin continues to break records, with predictions of reaching $1 million by 2030
From Nasdaq: Bitcoin broke its previous all-time high record by surpassing $69,044.77, now reaching $70,000, surprising many skeptics. As of
Earnings report for multiple companies show mixed results, some positive and some negative.
From Nasdaq: Qifu Technology, Inc (QFIN) is expected to report earnings with a consensus EPS forecast of $0.96, indicating a
Oracle's strong Q3 earnings report leads to a 20% gain, setting high expectations for future growth.
From Nasdaq: Oracle Corporation (NYSE: ORCL) saw a 20% gain after a strong fiscal Q3 earnings report, with earnings per