The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants

MEDICAL EXECUTIVE-POST – TODAY’S NEWSLETTER BRIEFING

***

Essays, Opinions and Curated News in Health Economics, Investing, Business, Management and Financial Planning for Physician Entrepreneurs and their Savvy Advisors and Consultants

“Serving Almost One Million Doctors, Financial Advisors and Medical Management Consultants Daily“

A Partner of the Institute of Medical Business Advisors , Inc.

http://www.MedicalBusinessAdvisors.com

SPONSORED BY: Marcinko & Associates, Inc.

***

http://www.MarcinkoAssociates.com

REFER A COLLEAGUE: MarcinkoAdvisors@outlook.com

SPONSORSHIPS AVAILABLE: https://medicalexecutivepost.com/sponsors/

ADVERTISE ON THE ME-P: https://tinyurl.com/ytb5955z

Your Referral Count -0-

CITE: https://www.r2library.com/Resource

• The S&P 500 snapped a 6-day winning streak as the rally following the US & China tariff ceasefire faded and investors looked elsewhere for buying signals.
• Federal Reserve speeches abound this week, with several central bankers warning of an economy under duress.
• Both gold and bitcoin consolidated their recent gains, offering investors alternatives to suddenly not-so-safe bonds and a sagging US dollar.

CITE: https://tinyurl.com/2h47urt5

What’s up

• Tesla climbed 0.51% after CEO Elon Musk committed to spending the next five years running the EV manufacturer.
• Moderna popped 6.06% after the FDA announced new limits on Covid-19 vaccine approvals that were more lenient than expected.
• Warby Parker soared 15.57% on news of a partnership with Google to create smart glasses.
• Pony AI rose 5.74% after the Chinese auto maker posted impressive earnings and cited high demand for autonomous taxi rides.
• Amer Sports surged 19.05% after the athletic equipment maker posted a strong beat-and-raise earnings announcement.
• D-Wave Quantum soared 25.93% after the quantum computing company unveiled its newest computing system.
• Levi Strauss & Co. rose 1.42% on the news that the jeans company is selling Dockers to Authentic Brands Group for $311 million.

What’s down

• Home Depot fell just 0.61% after the home renovation retailer missed earnings estimates, beat revenue forecasts, kept its fiscal guidance intact, and said it won’t raise prices.
• Airbnb tumbled 3.27% after Spain ordered the company to take down over 65,000 listings.
• Uber sagged 0.66% despite an upgrade from JPMorgan analysts and the news that it’s partnering with Waymo to offer robotaxis in Atlanta.
• Viking Holdings sank 4.99% despite earnings and sales beating estimates, but investors didn’t like hearing that the the cruise line operator transported fewer passengers last quarter than expected.
• AES lost 4.05% after the solar stock was downgraded by Jefferies analysts, who are worried about lower demand for renewable energy.

CITE: https://tinyurl.com/tj8smmes

Visualize: How private equity tangled banks in a web of debt, from the Financial Times.

COMMENTS APPRECIATED

PLEASE SUBSCRIBE: MarcinkoAdvisors@outlook.com

Thank You

***

***

***

***

EDUCATIONAL TEXTBOOKS: https://tinyurl.com/4zdxuuwf

***

Filed under: Alternative Investments, Financial Planning, Information Technology, Investing, Marcinko Associates, Recommended Books | Tagged: Bitcoin, crypto, cryptocurrency, DJIA, DOW, Ethereum, FTC, gold, Marcinko, markets down, NASA, NASDAQ, PBMs, S&P 500, stocks dow, Technology, textbooks, TNX, VIX, WSJ |