The stars of the stock market show this year — the Magnificent Seven — lost some $652 billion in market capitalization on Monday alone.
Wall Street strategists proffered all manner of explanations, ranging from the unwind of the aforementioned yen carry trade, to Vice President Kamala Harris's better poll numbers against Donald Trump, to investors simply growing too complacent with concentration in the AI trade and low volatility. Even this weekend's news that Warren Buffett had trimmed his holdings in Apple
So, with more than six weeks between now and the Fed's next regularly scheduled policy meeting, markets have been quick to put pressure on the central bank not to miss its next appointment.A 15% drop in the Nasdaq would seem to bring with it less urgency. But one can never be too sure.
Company Unveils Internal Corporate Goal of Capturing 10% of the CPAP Mask Market Within 24 MonthsCLEARWATER, Fla., Aug. 06, 2024 -- REMSleep Holdings, Inc. , a leader in innovative sleep apnea products, published the following letter to shareholders. Dear REMSleep Shareholders and Interested Investors: Our company’s primary focus is two-fold.
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