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US stock quick picks – Aug 22

Posted on
22/08/2024
by
moneysmart-girl

Stock Market News
Target CEO Brian Cornell weighs in on price gouging accusations in retail – CNBC
U.S. job growth revised down by the most since 2009. Why this time is different – CNBC
Macy’s lowers annual revenue forecast on weak demand – Reuters
Ford delays new EV plant, cancels electric three-row SUV – CNBC
Fed minutes point to ‘likely’ rate cut coming in September – CNBC
Chipmaker Analog Devices forecasts strong Q4 results as demand recovers – Reuters
U.S. Added 818,000 Fewer Jobs Than Reported Earlier – NYTimes
Top US oilfield firm Halliburton hit by cyberattack – Reuters

 

Trends to Watch
Higher Bid: Edgar Bronfman Raises Offer for National Amusements, Paramount Stake to $6 Billion (Wall Street Journal)
Plummeted: Franklin Templeton shares sink after top bond investor takes leave amid probes (Financial Times)
Goodbye, EVs: Ford delays new EV plant, cancels electric three-row SUV as it shifts strategy (CNBC)
Not Lovin’ It: McDonald’s Instagram hackers make $700K shilling Grimace memecoin (Cointelegraph)
September to Remember: Fed Minutes Show a Cut ‘Likely’ to Come in September (New York Times)

 

 

 

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