On Sunday evening, Benzinga asked its followers on Twitter what stock they are buying at the open on Monday? From the replies Benzinga selected one ticker for technical analysis. @housepincher, @cj_cady, @PrestonHillber2, @sjsl24, and @alberto92445610 are buying AMC Entertainment Holdings Inc. On Nov. 26, AMC CEO Adam Aron took to Twitter to announce, “When you…
You Ask, We Analyze: Why AMC Entertainment Stock Could Turn Heads on a Break From This Pattern
Trump Urges McConnell to Use Debt Ceiling to Derail Biden’s Spending Bill
Former President Donald Trump on Tuesday called on Senate Minority Leader Mitch McConnell to leverage the impending debt ceiling deadline to “totally kill” the Democrats’ social welfare bill. According to the Treasury Department, lawmakers have until Dec. 15 to raise the nation’s debt ceiling. In a statement, Trump said McConnell “must be fully prepared to…
Here’s How Stocks Have Performed Under Fed Chair Jerome Powell, so Far
November 30, 2021
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For investors who took a break from the market during Thanksgiving week, one of the biggest Wall Street headlines they may have missed was President Joe Biden’s decision to renominate Federal Reserve Chairman Jerome Powell for a second term in the position as the Fed begins its post-COVID-19 pandemic tightening program. Stocks finished down last…
‘Retire’ the Word ‘Transitory’: Powell Inflation Testimony Shakes Stock Market
The SPDR S&P 500 ETF Trust traded lower by 1.8 percent on Tuesday after Federal Reserve chair Jerome Powell changed his tune on the outlook for U.S. inflation. What Happened In testimony to the Senate, Powell said he will no longer be using the term “transitory” to describe the environment of elevated U.S. inflation. “The…
NLRB Judge Commands Google to Reveal Secret Anti-Union Campaign Docs
A National Labor Relations Board judge has ordered Alphabet Inc’s Google to “immediately” hand over more than 70 subpoenaed documents related to a secret anti-union campaign, codenamed “Project Vivian,” Los Angeles Times reports. As per the lawsuit, Google ran the campaign to suppress a union drive at the tech giant. The documents include internal communications…
Dr. Oz Announces Run for Senate in Pennsylvania
Dr. Mehmet Oz, a celebrity physician best known for his “Dr. Oz Show,” announced Tuesday that he is running for U.S. Senate in Pennsylvania. Running as a Republican, Oz made the announcement a week after GOP candidate Sean Parnell abruptly suspended his bid after losing primary custody of his children in court. Parnell received endorsement…
NBA Player Enes Kanter Freedom Wants to ‘Educate’ LeBron James on Human Rights Abuses in China
Boston Celtics center Enes Kanter Freedom said he would “love to sit down and talk” to Los Angeles Lakers superstar LeBron James and “educate” him on human rights abuses in China, something he has previously criticized James for not speaking out for. “I’m sure it’s going to be a very uncomfortable conversation for him. I…
Apple App Store Analysis: Amazon Claims Top Spot Ahead of Snapchat, Facebook
As holiday shopping season unofficially kicked off with Black Friday and Cyber Monday deals, Amazon.com Inc’s mobile shopping app claimed the top spot in Apple Inc’s app store. Amazon’s shopping app is the top app in the “Top Free Apps” section of the app store as of Tuesday. It began the month ranked 10th, but…
Fed’s Powell Says New Innovation Hub Will Help Central Bank Improve Payments
The New York Federal Reserve launched a new innovation center on Monday that will support the central bank as it explores the possibility of a digital currency and tackles other issues such as financial market infrastructure and regulation. The center, in partnership with the Bank for International Settlements (BIS) Innovation Hub, will help the central…
Economists Assess Omicron Risk for Investors: ‘A Global Issue in the Coming Weeks’
The SPDR S&P 500 ETF Trust lost ground once again Tuesday as investors try to get a clear picture of just how much of a negative economic impact the omicron variant of COVID-19 will have on the global economy. Near-Term Weakness Omicron was a major topic at the BNP Paribas 2022 Global Outlook virtual press event on…
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