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Schaeffer’s Midday Market Check Daily Newsletter
Dismal jobs data for July and sweeping new tariffs are pressuring stocks lower this afternoon. The Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) are sporting triple-digit losses, wit ... Dismal jobs data for July and sweeping new tariffs are pressuring stocks lower this afternoon. The Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) are sporting triple-digit losses, with the S&P 500 Index (SPX) firmly in the red as well. Bank stocks are gapping lower amid fears of ... Keep Reading
Reddit, WallStreetBets, Short Squeeze, GME
Shares of Reddit Inc (NYSE:RDDT) have surged this morning, after the social media platform posted adjusted second quarter earnings of $0.45, easily ahead of the $0.19 that was expected. The company ci ... Shares of Reddit Inc (NYSE:RDDT) have surged this morning, after the social media platform posted adjusted second quarter earnings of $0.45, easily ahead of the $0.19 that was expected. The company cited its artificial intelligence (AI)-powered search feature, Reddit Answers, the new brand insights ... Keep Reading
Cryptocurrency, Bitcoin, Dogecoin, Ethereum, Crypto stocks
Shares of Coinbase Global Inc (NASDAQ:COIN) were last seen down 15.5% at $319.31, after the company's second-quarter earnings of 12 cents per share and revenue of $1.5 billion both missed estimates. T ... Shares of Coinbase Global Inc (NASDAQ:COIN) were last seen down 15.5% at $319.31, after the company's second-quarter earnings of 12 cents per share and revenue of $1.5 billion both missed estimates. The cryptocurrency exchange also issued a disappointing third-quarter subscription and services reven ... Keep Reading
Amazon stock, AMZN stock, AMZN stock price, Home delivery stocks
Amazon.com Inc (NASDAQ:AMZN) stock is down 6.4% to trade at $219.15 at last check, despite better-than-expected second-quarter results, after the e-commerce giant issued a lackluster operating income ... Amazon.com Inc (NASDAQ:AMZN) stock is down 6.4% to trade at $219.15 at last check, despite better-than-expected second-quarter results, after the e-commerce giant issued a lackluster operating income outlook for the current quarter. The company announced plans to raise spending on artificial intelli ... Keep Reading