Investor Nerves Tested
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Investors Are Striking Gold All Over
Investors have rarely had it this good, with prices of everything from homes to stocks and cryptocurrencies soaring.The Wall Street Journal - World -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
What happened to Minnesota? An entire mindset gets tested
Mike Conley helped change the Timberwolves' mentality this season, but the Nuggets now have them on the brink of elimination.Yahoo Sports - Sports -
FirstFT: Investors pull money from Starwood $10bn property fund
Also in today’s newsletter, Shein switches IPO plans from New York to London and Pfizer hopes to settle thousands of lawsuitsFinancial Times - World -
EasyJet’s new pilot faces a fight to convince investors on growth
Nerves about the airline industry are never far awayFinancial Times - Business -
Google tests AI to detect scam phone calls. Privacy advocates are terrified.
Some privacy advocates say that they’re terrified by an announcement this week from Google that the company is testing a way to scan people’s phone calls.NBC News - Top stories - Google -
North Korea continues recent spate of weapons tests, South says
North Korea fired suspected short-range ballistic missiles off its east coast, South Korea's military said, a day after South Korea and the U.S. flew powerful fighter jets in a joint drill.CBS News - Top stories - North Korea -
Test Scores Down, GPAs Up: The New Angst Over Grade Inflation
Teachers say they have to balance “giving grace” to struggling students with maintaining high expectations.The Wall Street Journal - World -
UAW's Southern Expansion Is Tested in Alabama as Mercedes Vote Ends
Results are expected on Friday. The union is seeking to further its momentum after a decisive win at a Tennessee Volkswagen plant.The Wall Street Journal - World -
The church of Warren Buffett: Why thousands of investors flock to Omaha to be near the investing genius
Tens of thousands of investors attended the Berkshire Hathaway shareholders meeting in Omaha, Nebraska this year. I went to see what they were all doing there.CNBC - Business -
Investor and ‘Dragon’ Deborah Meaden: ‘I am not mean. What I am is . . . tough’
The British entrepreneur on going green, improving financial education — and when it’s OK for a vegan to eat eggsFinancial Times - Business -
Dow Jones trades above 40,000 for first time, but fails to achieve milestone
The Dow Jones Industrial Average trades above 40,000 for first time ever on Thursday, but fails to finish above the milestone.MarketWatch - Business -
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North Korea test-fires a ballistic missile a day after US, South Korea held jet drill
North Korea has fired suspected short-range ballistic missiles off its east coast a day after South Korea and the U.S. flew powerful fighter jets in a drill that the North views as a major security threatABC News - Top stories - North Korea -
North Korea test-fires suspected missiles as Kim’s sister denies supplying weapons to Russia
North Korea fired suspected short-range ballistic missiles off its east coast on Friday, South Korea’s military said.NBC News - Top stories - North Korea -
Russia launched a satellite into space in February 2022 that is designed to test components for a potential antisatellite weapon that would carry a nuclear device, U.S. officials said.
Russia launched a satellite into space in February 2022 that is designed to test components for a potential antisatellite weapon that would carry a nuclear device, U.S. officials said.The Wall Street Journal - World - Russia -
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market's plumbing that roiled investors during the original meme-stock craze in 2021.
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market’s plumbing that roiled investors during the original meme-stock craze in 2021.The Wall Street Journal - World