Featured Author, Invest 101

US stock picks – Sep 5

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Stock Market News

Dollar Tree shares slide after discounter cuts full-year forecast – CNBC
Dick’s Sporting Goods blows past earnings estimates but issues cautious guidance ahead of 2024 election – CNBC
Biden preparing to block Nippon’s US Steel takeover, Washington Post reports – Reuters
Job openings fell more than expected in July in another sign of labor market softening – CNBC
Frontier Communications Pops on Potential Deal With Verizon – Barrons
Nvidia says it didn’t receive antitrust subpoena from DOJ – CNBC

 

 

Trends to Watch

Unplugging Staff: ChargePoint Cutting 15% of Workforce After Missing Estimates (Bloomberg)
Rust-Proofing the Acquisition: U.S. Steel shares plunge on report White House preparing to block Nippon Steel takeover (CNBC)
Weak Forecast: AeroVironment Delivers Strong Q1 Earnings Results, But Stock Slides On Soft Guidance (Benzinga)
So Much Winning: Stock plunge wipes out Trump Media’s extraordinary market gains (The Guardian)
Good Question: How low can the Bitcoin price go? (Cointelegraph)