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We're encouraged by an activist's willingness to buy an Abbott rival, look past baby formula suits https://www.cnbc.com/2024/05/21/activist-willingness-to-buy-an-abbott-rival-look-past-baby-formula-suits.html May 21, 2024 - Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Minnesotans find Xcel's dynamic pricing plan too aggressive, not worth energy savings https://www.startribune.com/xcel-energy-dynamic-pricing-aggressive-saving/600367605/ May 21, 2024 - "Time-of-use" electric rates — like a surcharge during busy hours for rideshares — is becoming more common in the U.S., but consumers, state officials and nonprofit advocates don't feel the two-year pilot program proved the rates work.
Stock Market News for May 21, 2024 https://www.zacks.com/stock/news/2276573/stock-market-news-for-may-21-2024?cid=CS-ZC-FT-market_news-2276573 May 21, 2024 - U.S. stocks ended mixed on Monday, with the Dow retreating after closing above the 40,000 mark last week and the Nasdaq finishing at a record high, driven by a tech rally as investors tried to gauge the timing of the Federal Reserve's first interest rate cut.
Sonos Finally Has Headphones and We’re Excited https://www.wired.com/story/sonos-ace-news/ May 21, 2024 - It’s been a long time coming, but the Sonos Ace are the headphones you’ve been waiting for.
BOE: A Defensive 7% Yielding Fund For Tough Times Ahead https://seekingalpha.com/article/4694712-boe-a-defensive-7-percent-yielding-fund-for-tough-times-ahead?source=feed_tag_etf_portfolio_strategy May 21, 2024 - BOE invests at least 80% of its assets in dividend paying securities, with around 30%-40% in non US securities. See why we rate the fund as a hold.
Dodgers’ Emmet Sheehan ready for the long rehab road ahead https://www.ocregister.com/2024/05/20/dodgers-emmet-sheehan-ready-for-the-long-rehab-road-ahead/ May 20, 2024 - The 24-year-old right-hander is the latest Dodgers pitcher to undergo Tommy John surgery and will be sidelined until some time in 2025.
New York Times: Expensive, But On The Right Track https://seekingalpha.com/article/4694661-new-york-times-expensive-but-on-the-right-track?source=feed_all_articles May 20, 2024 - The New York Times is adapting to a changing media landscape through digital subscriptions and product bundles. See why we are on the sidelines for NYT stock.
JPMorgan CEO Jamie Dimon signals retirement is closer than ever https://www.cnbc.com/2024/05/20/jpmorgan-ceo-jamie-dimon-retirement-approaching.html May 20, 2024 - The ambiguity of Dimon's plans has made succession timing at JPMorgan one of the persistent questions for the bank's investors and analysts.
Nasdaq Reaches New Record Closing High But Dow Gives Back Ground https://www.rttnews.com/story.aspx?Id=3448982 May 20, 2024 - After an early advance, the major U.S. stock indexes moved in opposite directions over the course of the trading session on Monday. The tech-heavy Nasdaq added to last week's strong gains, reaching a new record closing high, while the Dow gave back ground after closing above 40,000 for the first time last Friday.
GDXU And The Gold Boom: Timing Is Critical When Turbocharging Mining Stocks https://seekingalpha.com/article/4694588-gdxu-and-the-gold-boom-timing-is-critical-when-turbocharging-mining-stocks?source=feed_tag_etf_portfolio_strategy May 20, 2024 - Gold reached a new high of $2,454.20 on the June COMEX futures contract. Read more about GDXU, a leveraged ETN, and its role with the rise in gold prices here.
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