Google Just Dodged the Biggest Bullet in Big Tech History (And Why That’s Huge for Your Portfolio)
Remember when everyone thought Google was about to get chopped up like a Thanksgiving turkey? Yeah, well, plot twist: the judge basically said "nah, we're good" and sent Wall Street into party mode.
Here's what went down: The Justice Department came in hot, painting Google as the ultimate monopoly villain. They wanted Chrome gone, Android split off, and basically everything that makes Google... well, Google. The kind of breakup that would make investors cry into their portfolios.
But Judge Amit Mehta had ...
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The Fed’s About to Cut Rates (And Maybe Go Big) Thanks to a Truly Awful Jobs Report
Well, well, well. The August jobs report just dropped, and it's about as pretty as a three-day-old fish. The economy added a measly 22,000 jobs when everyone was expecting around 75,000. That's not just missing the mark—that's like aiming for the dartboard and hitting the bartender.
But here's the plot twist that would make M. Night Shyamalan jealous: this terrible news is actually fantastic news for your portfolio. Welcome to the upside-down world of modern finance, where bad news is good ...
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The Job Market Just Hit the Panic Button (And Why Your Portfolio Should Care)
Remember when everyone was "quiet quitting" and Gen Z was all about work-life balance? Well, plot twist: now everyone's "job hugging" like their mortgage depends on it. Because, spoiler alert, it probably does.
The job market just served us a reality sandwich, and it's not exactly gourmet. Job openings dropped by 176,000 in July to 7.2 million – the second-lowest since December 2020. That's like watching your dating app matches disappear, except this time it actually affects your bank account.
The Numbers ...
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When Celebrities Actually Move Markets: How Sydney Sweeney Made Jeans Cool Again (And Sent AEO Stock Flying)
Remember when we used to joke that celebrity endorsements were just expensive ways to burn marketing budgets? Well, American Eagle Outfitters (NYSE: AEO) just proved us all wrong – and their shareholders are laughing all the way to the bank.
The clothing retailer's stock absolutely exploded 35% on Thursday, making it the day's best performer. The secret sauce? Two words: Sydney Sweeney. (Okay, and Travis Kelce, but let's be honest – Sydney's the real MVP here.)
The Sweeney Effect Is Real
Here's where ...
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Goldman Sachs Says We’re in a Whole New Stock Market Era (And It’s Kinda Weird)
So Goldman Sachs just dropped some news that's basically the financial equivalent of "we're not in Kansas anymore." Their big-brain strategists are saying we've entered what they're calling a "postmodern" market cycle—which sounds like something you'd study in a pretentious art class, but it's actually the fourth major market shift since World War II.
Here's the deal: Remember how every previous market boom started with stocks being dirt cheap? Yeah, well, this time we're starting from historically expensive levels. It's like ...
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Rate Cuts Are Coming – And That’s Actually Bad News for Your Portfolio
So here's the plot twist nobody saw coming: the Fed might cut rates again, and your portfolio probably isn't going to throw a party about it.
This morning's ADP jobs report was basically the economic equivalent of showing up to a potluck with gas station sushi. They expected 75,000 new jobs, got 54,000, and last month's numbers? Yeah, those got revised down too. It's like when your friend says they're "five minutes away" but they haven't even left their house yet.
Now ...
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Franklin Templeton Just Dropped Two New ETFs (And They Actually Make Sense)
So Franklin Templeton just launched two new ETFs, and before you roll your eyes at yet another fund company trying to grab your money, hear me out – these actually seem pretty solid.
Meet the Franklin Dividend Growth ETF (FRIZ) and the Franklin Multisector Income ETF (MULT). Yeah, I know, the names are about as exciting as watching paint dry, but stick with me here.
The Dividend Play That Doesn't Suck
FRIZ is basically Franklin's attempt at finding companies that don't just pay ...
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Unity Software: The Comeback Kid That Wall Street Forgot About
Remember Unity Software? Yeah, that company that was supposed to power the metaverse before we all realized the metaverse was basically expensive VR goggles that made us look like we were auditioning for a sci-fi B-movie.
Wall Street wrote Unity's obituary faster than you can say "failed IPO hype." The stock went from darling to dumpster fire when the metaverse turned out to be about as popular as pineapple on pizza in Italy. But here's the plot twist nobody saw coming: ...
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