December 23, 2024
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Stock Market

Photo by Capitalist Money on November 26, 2024. May be an image of M The image may contain text such as 'B', 'R', 'E', 'A', 'K', 'I', 'N', 'G', ' ', 'S', 'A', 'V', 'A', ' ', 'S', 't', 'o', 'c', 'k', ' ', 'C', 'r', 'a', 's', 'h', 'e', 's', ' ', 'A', 'f', 't', 'e', 'r', ' ', 'A', 'l', 'z', 'h', 'e', 'i', 'm', 'e', 'r', ''', 's', ' ', 'D', 'r', 'u', 'g', ' ', 'F', 'a', 'i', 'l', 's', ' ', 'I', 'm', 'a', 'g', 'e', ' ', 'b', 'y', ' ', 'T', 'u', 'l', 'e', 'm', 'o'.

SAVA Stock Plummets After Alzheimer’s Drug Fails Phase 3 Trial

Capitalist Money06 mins

A Crushing Blow to Cassava Sciences and Alzheimer’s Hopes Cassava Sciences (SAVA) stock experienced a devastating plunge on Monday, November 25th, 2024, plummeting over 80% and erasing billions in market capitalization. This dramatic downturn followed the announcement of the failure of its leading Alzheimer’s drug candidate, simufilam, in a pivotal Phase 3 clinical trial. The…

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Photo by Capitalist Money on November 26, 2024. May be an image of L The image may contain text such as 'B', 'R', 'E', 'A', 'K', 'I', 'N', 'G', ' ', 'M', 'a', 'c', 'y', ''', 's', ' ', 'E', 'x', 'p', 'e', 'n', 's', 'e', ' ', 'S', 'c', 'a', 'n', 'd', 'a', 'l', ':', ' ', '$', '1', '5', '4', 'M', ' ', 'I', 'n', ' ', 'Q', 'u', 'e', 's', 't', 'i', 'o', 'n', ' ', 'I', 'm', 'a', 'g', 'e', ' ', 'b', 'y', ' ', 'K', 'i', 'd', 'f', 'l', 'y', '1', '8', '2'.

Macy’s Expense Scandal: A Deep Dive into Accounting Irregularities

Capitalist Money05 mins

The retail giant Macy’s finds itself in the spotlight, not for its holiday window displays, but for an unfolding financial scandal. Recent reports reveal a significant accounting discrepancy, with an employee allegedly concealing up to $154 million in expenses related to small package deliveries. This revelation has sent shockwaves through the financial world, delayed the…

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Photo by Capitalist Money on November 14, 2024. May be an image of A white airplane with blue and yellow accents is on the tarmac, with the words "BREAKING" and "Spirit Airlines Stock Plunges Amidst Bankruptcy Fears" superimposed on the image. The image may contain text such as 'BREAKING', 'Spirit Airlines Stock Plunges Amidst Bankruptcy Fears', 'Image by YiFeiBot'.

Spirit Airlines Stock Plummets Amidst Bankruptcy Fears and Failed Merger Talks

Capitalist Money06 mins

Spirit Airlines (SAVE) finds itself in dire straits as its stock price plummeted dramatically, trading down over 64% in premarket trading on November 13, 2024. This devastating drop, hovering around $1.14 per share, follows news that the budget airline may be facing bankruptcy within weeks after merger talks with Frontier Airlines reportedly collapsed. The struggling…

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Photo by Capitalist Money on November 13, 2024. May be an image of A The image may contain text such as 'B', 'R', 'E', 'A', 'K', 'I', 'N', 'G', ' ', 'R', 'o', 'c', 'k', 'e', 't', ' ', 'L', 'a', 'b', ' ', 'S', 't', 'o', 'c', 'k', ' ', 'S', 'o', 'a', 'r', 's', ' ', 'O', 'n', ' ', 'S', 't', 'r', 'o', 'n', 'g', ' ', 'Q', '3', ' ', 'R', 'e', 's', 'u', 'l', 't', 's', ' ', 'A', 'n', 'd', ' ', 'F', 'i', 'r', 's', 't', ' ', 'N', 'e', 'u', 't', 'r', 'o', 'n', ' ', 'L', 'a', 'u', 'n', 'c', 'h', ' ', 'D', 'e', 'a', 'l', ' ', 'I', 'm', 'a', 'g', 'e', ' ', 'b', 'y', ' ', 'M', 'a', 't', 'a', 'n', 'y', 'a'.

Rocket Lab Stock Soars on Strong Q3 Results and First Neutron Launch Deal

Capitalist Money06 mins

Rocket Lab, the end-to-end space company known for its Electron launch vehicle and spacecraft solutions, has seen its stock price skyrocket by as much as 50%, nearing an all-time high, following the release of impressive third-quarter results and the announcement of its first customer for the highly anticipated Neutron rocket. This surge in investor confidence…

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Photo by Capitalist Money on November 11, 2024. May be an image of A The image may contain text such as 'B', 'R', 'E', 'A', 'K', 'I', 'N', 'G', ' ', 'W', 'a', 'l', 'l', ' ', 'S', 't', 'r', 'e', 'e', 't', ' ', 'R', 'e', 'm', 'a', 'i', 'n', 's', ' ', 'O', 'p', 'e', 'n', ' ', 'O', 'n', ' ', 'V', 'e', 't', 'e', 'r', 'a', 'n', 's', ' ', 'D', 'a', 'y', ' ', 'I', 'm', 'a', 'g', 'e', ' ', 'b', 'y', ' ', 'L', 'e', 'o', 'T', 'a', 'r'.

Wall Street Opens its Doors While the Nation Honors its Veterans

Capitalist Money05 mins

Today, November 11, 2024, marks Veterans Day, a day set aside to honor the men and women who have served in the United States military. Across the country, observances and ceremonies are taking place, while many businesses, including banks and government offices, have closed their doors in recognition of the holiday. Interestingly, the financial hubs…

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Photo by Capitalist Money on November 11, 2024. May be an image of A close-up of the New York Stock Exchange building with an American flag flying in front of it, along with a news headline indicating that the stock market will be open on Veterans Day. The image may contain text such as 'BREAKING Stock Market Open On Veterans Day Image by 陆阿居'.

Stock Market Remains Open on Veterans Day, While Bond Markets Observe the Holiday

Capitalist Money05 mins

Today, November 11, 2024, as the nation pauses to honor its veterans, the financial world presents a mixed picture. While the stock market continues its operations uninterrupted, the bond markets have closed in observance of Veterans Day. This split in activity has sparked renewed interest in the holiday schedules of different financial instruments. Reports confirm…

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Photo by Capitalist Money on November 07, 2024. May be an image of A The image may contain text such as 'B', 'R', 'E', 'A', 'K', 'I', 'N', 'G', ' ', 'D', 'o', 'w', ' ', 'J', 'o', 'n', 'e', 's', ' ', 'S', 'o', 'a', 'r', 's', ' ', 'T', 'o', ' ', 'R', 'e', 'c', 'o', 'r', 'd', ' ', 'H', 'i', 'g', 'h', 's', ' ', 'A', 'f', 't', 'e', 'r', ' ', 'T', 'r', 'u', 'm', 'p', ''', 's', ' ', 'E', 'l', 'e', 'c', 't', 'i', 'o', 'n', ' ', 'W', 'i', 'n', ' ', 'I', 'm', 'a', 'g', 'e', ' ', 'b', 'y', ' ', 'L', 'u', 'F', 'i', 'L', 'a'.

Dow Jones Soars to Record Highs After Trump’s Election Win

Capitalist Money06 mins

New York, November 7, 2024 – The Dow Jones Industrial Average closed at a record high on Wednesday, surging over 1,500 points in its best day since 2022, following the unexpected victory of Donald Trump in the U.S. presidential election. The S&P 500 and Nasdaq also closed at record highs, rallying 2.5% and 3% respectively….

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Photo by Capitalist Money on November 07, 2024. May be an image of The image shows a large ship, likely a cargo vessel, at night. The ship is docked at a port, with its lights on. The ship is illuminated by the lights of the city in the distance. The image may contain text such as 'BREAKING', 'Vanguard: Navigating The Shifting', 'Sands Of Finance', 'Image by 4ing'.

Vanguard: Navigating the Shifting Sands of Finance and Beyond

Capitalist Money05 mins

Vanguard, the name resonates across multiple industries, from finance to furniture to photography equipment. But in the current news cycle, it’s Vanguard’s financial arm that’s capturing the most attention, particularly due to its unique ownership structure and its approach to helping individuals navigate an increasingly complex investment landscape. Recent analyses discuss how the firm is…

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Photo by Capitalist Money on October 21, 2024. May be an image of The image shows Deshaun Watson, a quarterback in the NFL, wearing a white jersey and blue pants. The headline reads 'Deshaun Watson's Future In Doubt' which suggests uncertainty about his future in the league. The image may contain text such as 'BREAKING', 'Deshaun Watson's Future In Doubt'.

Deshaun Watson’s Future in Doubt as Another Season Ends in Injury

Capitalist Money04 mins

Cleveland Browns quarterback Deshaun Watson’s 2024 season came to a disheartening end on Sunday after a non-contact injury during their game against the Cincinnati Bengals. The play, a seemingly routine scramble in the second quarter, saw Watson crumple to the turf, clutching his right leg. The immediate reaction from both the Browns sideline and Watson…

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