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US stock quick picks – Sep 11

Posted on
September 11, 2024
by
moneysmart-girl

 

Trends to Watch
Nothing to Fear: Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert (CoinDesk)
A Messy Departure: Goldman’s Credit-Card Exit Hampered by Lax Lending Standards (Wall Street Journal)
Big Week: Two key inflation reports this week will help decide the size of the Fed’s interest rate cut (CNBC)
Incomes Climbing: US incomes rose last year but poverty rates changed little, Census data shows (Reuters)
Stepping Down: Southwest Airlines shakes up its board under pressure from a big shareholder (ABC News)

Stock Market News
Southwest shares tumble after airline overhauls board but keeps embattled CEO – New York Post
Ally Financial flags ‘intensifying’ credit challenges; shares slump – Reuters
Federal Reserve unveils toned-down banking regulation in victory for Wall Street – CNBC
Amazon makes £8 billion UK investment to build cloud and AI infrastructure – CNBC
Hearing aid makers slip after Apple rolls out hearing aid features, analysts shrug off threat – Reuters
New Starbucks boss lays out plan for first 100 days: ‘We’re refocusing’ – New York Post
 
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