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US stock quick picks -Aug 28

Posted on

August 28, 2024

by

moneysmart-girl

Trends to Watch

Optimism: Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally (CoinDesk)

Price Cut: Lilly launches lower-price weight loss drug without injector pen (CNN)

Closures: Shake Shack to close 9 underperforming locations (MarketWatch)

Tough Day: Why is the crypto market down today? (Cointelegraph)

Big Day: Nvidia results could spur record $300 billion swing in shares, options show (Reuters)

Stock Market News

Eli Lilly releases new form of weight loss drug Zepbound for half the price to boost access, supply – CNBC

Hindenburg Research discloses short position in server maker Super Micro – Reuters

Cannabis Stocks Slide as DEA Sets Post-Election Marijuana Hearing in December – Investopedia

Home prices hit record high in June on S&P Case-Shiller Index – CNBC

Nasdaq seeks SEC approval for bitcoin index options – Reuters

HMD launches Barbie phone in partnership with Mattel – Reuters

Meta to shut augmented reality studio used by third-party creators – Reuters

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