Author: superadmin

As if it was Trump’s fault, media is painting the story as follows… The stock price of Trump Media plummeted by more than 13% on Wednesday, following a widely criticized debate performance by Donald Trump against Vice President Kamala Harris. The drop marked the lowest intraday level for the Truth Social app owner’s stock, traded under the ticker DJT, since it went public on Nasdaq in March. Trump Media’s stock price slides after Donald Trump and Kamala Harris debate. https://t.co/zwMlCjG5aZ — CBS News (@CBSNews) September 11, 2024 Trump Media’s stock is often seen as a barometer of the former president’s…

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U.S. bank stocks took a hit on Wednesday, continuing their downward trend as concerns mount over the potential impact of interest rate cuts and sluggish recovery in investment banking. Executives from major banks have warned of slower-than-expected growth, raising fears that upcoming Federal Reserve rate cuts could compress net interest income (NII), the difference between what banks earn on loans and pay on deposits. 🔵 US BANKS EXTEND SLIDE AS INVESTORS WEIGH SOBERING OUTLOOK FROM EXECUTIVES U.S. bank stocks fell before the bell on Wednesday, extending a sell-off that started after executives warned of a slower-than-expected recovery in investment banking…

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