Featured Author, Invest 101

US stock quick picks – Dec 2, 2024

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Notables

Notable Earnings Today: Zscaler (Nasdaq: ZS), Credo Technology Group (Nasdaq: CRDO).
Notable IPOs Today: Cohen Circle Acquisition Corp. I Class A Ordinary Shares (Nasdaq: CCIR), Bleichroeder Acquisition Corp. I Class A Ordinary Shares (Nasdaq: BACQ), Rising Dragon Acquisition Corp. Ordinary Shares (Nasdaq: RDAD).
Notable Equity Crowdfunding Campaigns Ending Today: Cerus Fitness (StartEngine).
Notable Economic Events Today: S&P Global US Manufacturing PMI (9:45 a.m. ET), ISM Manufacturing PMI / Prices (10:00 a.m. ET), ISM Manufacturing Employment (10:00 a.m. ET), Construction Spending (10:00 a.m. ET).

Trends to Watch

It Sure Was: November was a month to remember for stocks (CNBC)
Jumping on the Bandwagon: US Bitcoin, Ether ETFs Log Record Inflows on Trump’s Embrace of Crypto (Bloomberg)
Return of the Consumer: Shoppers Fight Back as Retailers Crack Down on Returns (Wall Street Journal)
Labor Challenges: Volkswagen’s woes mount as workers prepare to strike across Germany (CNN)
Strong Year: Bitcoin records 129% year-to-date gain seven months after halving (Cointelegraph)

 

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