Every day when the stock market closes we update our clients and subscribers about the important or interesting things that moved the stock market and your retirement investments. We leave the opinion out...mostly. Our goal is to educate briefly on what moved the stock markets, what may be coming up, and how your investments, or retirement portfolio may have been impacted by the day's news.
Here's a look at what investors were focused on today:
The markets were lower initially as earnings from Deere (NYSE: DE) and weak Chinese earnings held back the global markets. Mid-morning consumer sentiment numbers came in better than expected which pulled the markets into the positive. By the afternoon however as CNBC reported that China trade talks have officially stalled. This sent all the major indices back into the red. The Dow closed the day lower by 98, the S&P 500 sold off 16 and the Nasdaq closed the day down 81.
Next week starts with Fed speak on Monday morning as well as the Fed Chairman talking in the evening. Healthcare investors will be focused on the UBS HealthCare conference which starts Monday as well.
Sector News
Semiconductors continued their weakness today following yesterday's Huawei news that the U.S. would ban them and their associates. The semiconductors are a vital part to the overall support of the market and were one of the culprits that held back the broad markets today.
For the most part, many of the other areas of the market remain in a vulnerable position following this weeks volatility. Investors will turn to next week’s schedule of news for more clarity on the health of the Chinese markets, tariffs, and U.S. economic news.
Stock News
Pinterest (NASDAQ: PINS) shares were in focus today as the stock sold off double digits following their earnings report. In their first earnings report since being public the company showed a loss of $41 million on revenue if $201 million. The loss was blamed on adding new employees and they guided lower for the current quarter as well.
Luckin Coffee (NYSE: LK) shares had a rather successful IPO today as the company sold more shares than anticipated raising $561 million. Luckin is technically the second largest coffee chain in China though it is a distant second to Starbucks (NASDAQ: SBUX)
Baidu (NASDAQ: BIDU) along with many other Chinese names sold off hard today. Biadu shares saw a double digit sell off as the company showed a quarterly loss for the first time since 2005 when they IPO’d. The company also offered guidance for the current quarter that was below expected as they deal with a slowing Chinese economy.
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[email protected]About the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
List of ours generators⚡
Random YouTube Videos Generator
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