Apple Survives Warren Buffett Scare |
| A week after it was reported that Warren Buffett sold about half of his Apple (Nasdaq: AAPL) shares, the stock jumped by 8%. |
| Final Thoughts: The stock is up about 16% this year. |
Trends to Watch |
| Dispirited: US consumers could become discouraged without rate cuts, Bank of America CEO says (Reuters) |
| The Return: Bonds Are Back as a Hedge After Failing Investors for Years (Bloomberg) |
| Chaos: Volatility is the stock market’s new normal (Business Insider) |
| The New Labor Market: Suddenly, Hourly Workers Aren’t So Hard to Find (Wall Street Journal) |
| Not in the Clear: Wall Street strategists warn market volatility is not over yet (Yahoo! Finance) |
Stock Market News |
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| E.l.f Beauty sales jump 50% on gains in color cosmetics and skincare, launch of Bronzing Drops serum – CNBC | |
| Sweetgreen Revenue Jumps as Salad Chain Adds Locations – Investopedia | |
| Exclusive: Cisco to lay off thousands more in second job cut this year, sources say – Reuters | |
| Activist Starboard Value Takes Stake in Starbucks – WSJ | |
| Netflix teams up with CBS Sports to produce Christmas Day NFL games – Reuters | |
| U.S. crude oil on pace for 4% weekly gain after stock market rebound – CNBC |
