Q: How do most speculative frenzies usually end? (Hint: Usually badly!)
Q: Are the financial markets showing signs of an automotive industry slowdown?
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Headline Round Up
*Cryptomania All Over Again as New Administration Poised to Relax Regulation!
*Bitcoin Miner MARA Holdings, Inc. Buys Texas Wind Farm as Artificial Intelligence (AI) Crowds Crypto For Energy!
*24X National Exchange Get Approval from the U.S. Securities & Exchange Commission for Trading 23 Hours Each Workday! 24 Hour Trading Coming Soon!
*BlackRock Buys Private Credit Manager HPS Investment Partners as They Continue Push Into Private Markets.
*Novocure Announces Positive Topline Results from Phase 3 PANOVA-3 Clinical Trial of Tumor Treating Fields Therapy for Pancreatic Cancer!
*North Texas Keurig Dr. Pepper CEO, Tim Cofer, Drives New Flavors and New Ideas.
*U.S. Home Prices Stall According to the September S&P CoreLogic Case-Shiller Home Prices Indices?
*Amazon Unveils Powerful New Chip Arrays and a Large Language Model.
*Bezos Joins Samsung in $700 Million Investment in AI Chipmaker Tenstorrent.
*Palantir Technologies Spikes on Two Cloud Services Authorized for Use by U.S. Government.
*Trump Announces Intention to Block U.S. Steel Takeover by Japan’s Nippon Steel Corp. Multibillion dollar deal already approved by U.S. Steel shareholders?
*Intel Corp. CEO, Pat Gelsinger, Forced into Retirement by Board Frustrated with Turnaround Plan to Regain Market Share.
*Intel Corp. Takes $7.9 Billion in Federal Grants to Boost Domestic Semiconductor Manufacturing. $635 million less than $8.5 million initially proposed.
*Salesforce Shares Hits Record High This Week with Better Than Expected Q3 Revenue!
*U.S. Gas Drillers Saddle Up for Data Center Fueled Boom.
*Texas Pacific Land Stock Rallies 230% on AI Building Explosion!
*CNBC’s Art Cashin & Decades Long NYSE Floor Trader Passes at 83.
*Record U.S. Thanksgiving Air Travel This Year!
*The DOGE Updates: Cut $2 Trillion in Spending, But How as Congress Controls Purse Strings? The end of remote work & goodbye daylight savings time (Again)?
*U.S. Job Openings Up While Layoffs Decreased in October.
*Atlanta Federal Reserve’s GDPNow Growth Estimate for Q4 Raised to 3.2%.
*Arabica Coffee Hits 47 Year High Causing $7 Billion in Margin Calls in November?
Skid Row
*Stellantis Underperforms Financial Expectations & Sales Stall While CEO, Carlos Tavares, Quits!
*GM Takes $5 Billion Write-Down on Business in China!
*Europe’s Car Industry in Crisis as it Battles Challenges on Multiple Fronts?
*Nissan Skidding to Insolvency on Disappointing Global Sales Numbers?
Preston’s Lane
Salacious 2024 Trending Social Media in Finance!
Bitcoin Currency Spot Price Five Year (12/08/2019 – 12/06/2024)
– Courtesy of Bloomberg LP
D-Wave Quantum Inc Year-to-Date (12/29/2023 – 12/06/2024)
– Courtesy of Bloomberg LP
Quantum Computing Inc Year-to-Date (12/29/2023 – 12/06/2024)
– Courtesy of Bloomberg LP
Dow Jones Industrial Average Year-to-Date (12/29/2023-12/06/2024)
– Courtesy of Bloomberg LP
Standard and Poor’s 500 Index Earnings Analysis by Sector (08/16/2024-11/15/2024)
– Courtesy of Bloomberg LP
Standard and Poor’s 500 Index Year-to-Date (12/29/2024-12/06/2024)
– Courtesy of Bloomberg LP
Stellantis Five Year (12/09/2019 – 12/06/2024)
– Courtesy of Bloomberg LP
Volkswagen Five Year (12/09/2019 – 12/06/2024)
– Courtesy of Bloomberg LP
General Motors Five Year (12/09/2019 – 12/06/2024)
– Courtesy of Bloomberg LP
Coffee Futures (04/29/2022 – 12/06/2024)
– Courtesy of Bloomberg LP
Profit Report
2025 Financial Market Forecasts!
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