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[Winners Announcement:21 Oct ]
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2.Here are the stocks mentioned by the above Tigers: $T-Mobile US(TMUS)$ $Tesla Motors(TSLA)$ $TalkMed(5G3.SI)$ (Not investment advice)
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Below are Today's Key Takeaways.
Top News Move the Market
The Dow Jones Industrial Average and S&P 500 closed lower on Monday, retreating from Friday's record high closes and six straight weekly gains as Treasury yields rose and investors wary of high valuations awaited earnings from major companies.The Dow Jones Industrial Average fell 344.31 points, or 0.80%, to 42,931.60, the S&P 500 lost 10.69 points, or 0.18%, to 5,853.98. The Nasdaq Composite gained 50.45 points, or 0.27%, to 18,540.01, boosted by the chip heavyweight Nvidia, which rose 4.14% to close at a record high of $143.71.
$Boeing(BA)$ and the leaders of its striking machinists union reached a new tentative agreement that could end a strike that has halted production of the aerospace company's 737 MAX and 777 planes. Boeing's latest proposal includes a wage increase of 35% over four years, up from its original offer of 25% that was rejected Sept. 12. The strike, by about 33,000 workers in the Pacific Northwest, began the next day. Workers will vote Wednesday on the new offer. Boeing shares rose 3.1%.
$Walt Disney(DIS)$ shares dipped 0.7% after the entertainment company said it expects to announce the successor to CEO Bob Iger in early 2026. The company also said its board named James P. Gorman, the current executive chairman at Morgan Stanley, as chairman, effective Jan. 2, 2025.
$Kenvue Inc(KVUE)$ rose 5.5% after The Wall Street Journal reported activist investor Starboard Value has taken a sizable stake in the maker of Tylenol and Listerine. Starboard wants Kenvue, which was spun out of Johnson & Johnson last year, to make changes to boost its share price, people familiar with the matter told the Journal. Kenvue shares have risen about 6% this year.
Elon Musk's $1 million election giveaway tests limits of election law
Elon Muskโs $1 million giveaway for voters who sign his free-speech and gun-rights petition falls into a gray area of election law, and legal experts are divided about whether the billionaire supporter of Donald Trump could be running afoul of prohibitions on paying people to register to vote.
The Tesla CEO is promising to give $1 million each day to a randomly selected person who signs his online petition pledging to support the First and Second amendments of the U.S. Constitution, which protect the rights to free speech and gun ownership.
Tiger Community TOP10 Tickers
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All right, here is all the market information we would like to share with you๏ผ
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