The $.SPX(.SPX)$ and $.IXIC(.IXIC)$ returned -1.35% and -1.55% last week, respectively.Major market movers include $NVIDIA Corp(NVDA)$ (-4.34%), $Microsoft(MSFT)$ (-4.15%), $Apple(AAPL)$ (-3.67%), $Eli Lilly(LLY)$ (-8.26%), $Tesla Motors(TSLA)$ (-7.51%), $Amazon.com(AMZN)$ (+5.38%), $Alphabet(GOOGL)$ (+3.64%), $Visa(V)$ (+3.20%), $

$Amazon.com(AMZN)$ reported earnings for 2024Q3, jumping more than 6% after hours after investors didn't count too much on higher capital spending amid overall revenue beat expectations, a big jump in profit, further cash flow consolidation and healthy guidance.As the last of the big tech companies to report this week, Amazon is more of an indicator of the strength of the economy through the activity of retail activity.In the "AI Race" unit, AWS performed moderately well, with neither the growth trends of $Alphabet(GOOG)$ nor the share concessions of $Microsoft(MSFT)$ , while margins improved dramatically (with a change in depreciation life);In the overall econom

The Impact of Different Possible U.S. Presidential Election Outcomes:1) While Trump and Harris’s policies differ widely, they would not significantly affect the stock market in the event of a split Congress.Regardless of the U.S. presidential election outcome, extreme policies that could disrupt the business cycle and change the trajectory of the economy are less likely to be enacted in the case of a split Congress, such as when the House is controlled by Democrats and the Senate by Republicans.As a result, the U.S. stock market could rise further after the election if a split Congress occurs.Some investors argue that Trump’s plan will stoke inflation risk. However, I reckon investors would priced in a stronger economy and corporate earnings under trump and would have worried inflation ris

News and my thoughts from last week (21Oct24) MICHAEL SAYLOR THINKS BITCOIN WILL HIT $350,000 IN 2024. How many war fronts can America afford? BILLIONS WORTH OF SHORTS WILL BE LIQUIDATED IF BITCOIN HITS $72,000. - X user - BitcoinLFG Final numbers for fiscal year 2024 Total US govt revenue = $4.918 trillion Interest on natl debt = $1.133 trillion 23% of all govt revenue went to interest on the debt. 2025 fiscal year started Oct 1st, we are on pace for 30% of all govt revenue going to interest payments. - X user Wall Street Silver This would reduce the resources needed for infrastructure, healthcare, utilities, education, defense, and more. Is it ok to live in deficit? DEL BIGTREE: SURGING CHILDHOOD ILLNESS IN THE U.S. WILL DESTROY OUR NATION’S FUTURE “1 in 22 boys right now has autism

$ServiceNow(NOW)$ 24Q3 results were strong and continue to reflect the company's continued growth in digital transformation and enterprise services.Shares are slightly lower after hours and are still near new highs.Overall results overviewRevenue growth: Q3 total revenue reached approximately US$2,797 million, an increase of 23 per cent year-on-year, and exceeded expectations2 mainly due to increased customer demand and new product launches.Current Remaining Performance Obligations (RPOs) were $9.36 billion, up 26% year-on-year and ahead of expectations of $9.12 billion, while Total Remaining Performance Obligations (TREOs) were $19.5 billion, up 36% year-on-year and 33% on a constant currency basis, and ahead of market expectations of $18.4 billio

My Investing Muse (28Oct24) Layoffs & Closure news Southern Glazer's Wine & Spirits, the largest wine distributor in the US, has reportedly laid off hundreds of employees across the country. These reports are unconfirmed. - Wine Searcher Intel has submitted in an official document that it plans to reduce staff, laying off 1,300 people spread across four offices in the U.S. state of Oregon. - The Hindu Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources within the company. - TechCrunch LSEG considers cutting 200 jobs globally, Bloomberg News reports Broad Institute of MIT and Harvard Lays Off 87 Workers in Restructuring Effort - The Crimson Deloitte has cut about 250 emplo

Last Week's Recap1. The US Market - $.SPX(.SPX)$ and $.DJI(.DJI)$ refreshed new record highs.Both the $.SPX(.SPX)$ and the $.DJI(.DJI)$ surged to new record highs Friday, sealing six straight weeks of gains. This marked the longest string of weekly advances in 2024.This would be atypical for an election year, stocks will be strong into the election and then have some volatility fall on the election. Investors already pricing in a win from Republican nominee and former President Donald Trump, whose policies would be more business friendly in terms of taxes and regulations. according to Rob Williams, chief investment strat

$Berkshire Hathaway(BRK.B)$  🔺🅱🆄🅻🅻🅸🆂🅷🔺I increased my investment! 🗞️📰🚨 🔺🚨📰 BREAKING: Warren Buffett, $BRK.B, has said he won’t back any political candidates, two weeks before US citizens head to the polls to elect the country’s next president Berkshire Hathaway B (BRK.B) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this company have returned +1.5% over the past month versus the Zacks S&P 500 composite's +2.7% change. The Zacks Insurance - Property and Casualty industry, to which Berkshire Hathaway B belongs, has gained 1% over this period. Now the key question is: Where could the stock be headed in the

$McDonald's(MCD)$ plunged 6% after hours after an outbreak of E. coli poisoning linked to its Quarter Pounder burger was named in a warning issued by the US Centres for Disease Control and Prevention (CDC).The outbreak primarily affected customers in Colorado and Nebraska.The Incredible E. coli Outbreak?INITIAL REPORT: The first case was documented on 27 September, and as the number of cases increased, the CDC issued a warning on 22 October 2024, noting that there had been occurrences at McDonald's shops in multiple states associated with McDonald's Quarter Pounder burgers.CASE STATISTICS: To date, 49 people have been sickened by Quarter Pounder, 10 have been hospitalised, and one elderly person has died as a result of the infection.The CDC has sta

$Philip Morris(PM)$ shares jumped more than 10% after a strong third-quarter 2024 performance that beat market expectations and lifted guidance for the full year.It also had the most successful turnaround of any of the many giants in the tobacco industry.Q3 overall resultsTotal sales: $198.6 billion, up 2.4 per cent year-on-year, beating expectations of 2.3 per cent.Revenue: revenues increased 8.4% year-over-year to approximately $9.91 billion, beating market expectations of $9.66 billion, theProfit: adjusted EPS increased 18% to $1.91.Gross margin: Gross margin also improved due to a higher proportion of high margin smokeless products.Operating income: Adjusted operating income increased by 13.8% year-on-year, demonstrating the effectiveness of the

$HSI(HSI)$  $SGX Nikkei 225 - Dec 2024(NK2412)$   $SSE Comp(000001.SH)$  Buffett's Bet: Japan Over China in Uncertain Times Written by Shernice,if you like my article please hit the like button. The market's biggest concern right now is uncertainty.  When there’s uncertainty, the willingness to buy diminishes, and the volume of purchases shrinks.  That's why we see Bank of America's strategy being quite conservative, with the sentiment that nothing seems like the right investment.  If you buy stocks, it feels risky, as the market seems greedy.  If you buy bonds, Powell

Note of this chart, you may need it later.Shares of $Eli Lilly(LLY)$took a big swing yesterday as the market was split on the outlook for hot diet pills following the Q3 earnings report.One of its leading products, the diet pills Zepbound and Mounjaro, sold poorly and guidance was lowered.Lilly's explanation for this was that wholesale distributors had more inventory in Q3, which took time to deplete, and did not reorder.The company's argument is far-fetched; if the market demand was strong, then distributors would have replenished as much inventory as possible, as they had done previously, rather than waiting for inventory to be depleted to a certain extent before waiting for the opportunity to replenish it;It could be that the market demand for t

My Investing Muse (14Oct24) Layoffs & Closure news TikTok Reportedly Lays Off ‘Hundreds’ of Malaysia-Based Content Moderators Following ‘AI Hub’ Announcement - Digital Music News Boeing to lay off 17,000 workers, delay 777X rollout amid machinists strike - UPI US partners at EY have been told the firm will hold back some of their pay for 2024 after a tough financial year. - FT The Big Four accounting firm told employees last week that it would embark on a re-organization of areas of the business affecting about 2,700 staff and partners - FT Layoff & closure news continued into the week. Earnings and market overvaluation The trailing 12-month P/E ratio for $SPX of 26.7 is above the 5-year average (23.8) and above the 10-year average (21.7). - Factset Can innovation improve productiv