Featured Author, Invest 101

US stock quick picks – Sep 4

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Stock Market News

Volkswagen warns of plant closures in Germany, citing ‘extremely tense’ situation – CNBC
Vaxcyte’s shares jump on ‘promising’ early data on pneumococcal vaccine – Reuters
Tesla’s China sales have best month of the year in August – Reuters
Boeing’s cash flow goal to be delayed, says Wells Fargo as it downgrades stock – Reuters
Weak manufacturing measures raise specter of U.S. economic slowdown – CNBC
Nvidia hit with subpoena from US Justice Department, Bloomberg News reports – Reuters
Nvidia tumbles, leading chip stocks lower – CNBC
 

Trends to Watch

Fearful: Bitcoin Could Drop 20% After Fed Rate Cuts in Bearish Case, but Weak September Presents Buying Opportunity (CoinDesk)
Bad Forecast: Asana’s revenue outlook falls short as shares decline 13% after Q2 results (SiliconANGLE)
Price Hike: The cost of a Costco membership has officially increased for first time since 2017 (USA Today)
Bullish: Signs point to a likely altcoin rally in the final months of 2024 (Cointelegraph)
Not Wine O’Clock: Constellation Brands Cuts Outlook on U.S. Wine Market Woes (Wall Street Journal)