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Daily News Updates

Important updates on what we’re following each day. 

Real Estate Brokerage

Compass’ stock dropped nearly 20% on Friday after it released earnings. AI overview Compass Inc.’s stock price declined on Friday due to a combination of factors, including investor concerns over the company’s Q1 earnings and the potential impact of a lawsuit on agent commissions. Specifically, while Compass reported revenue growth,

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Automotive

Major automotive companies Ford, GM, Tesla, Lucid Motors and Rivian are all set to open higher this AM.

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Pharmaceuticals

Pharmaceutical companies are getting hammered today as the President vows to impose and give the US most favored nation pricing on pharmaceuticals. It’s long been a concern that they pay less in other countries for the same drugs. Pharma companies are largely down. Eli Lilly, ,  and more are all

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Trade War & Tariff Updates

The big story this AM is that the markets are surging on an initial big thaw in China US relations. Each country has agreed to reduce their tariffs to 10%. The US has also said they would add a 20% amount on to the tariff as a penalty for the

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11 Stories We Are Following Today

11 stories we are following this am. 1. The big story this AM is that the markets are surging on an initial big thaw in China US relations. Each country has agreed to reduce their tariffs to 10%. The US has also said they would add a 20% amount on

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Will US travel remain down?

This is from the AP. Expedia Group said Friday that reduced travel demand in the United States led to its weaker-than-expected revenue in the first quarter, and Bank of America said credit card transactions showed spending on flights and lodging kept falling last month. The two reports add to growing

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Tesla Strikes Back

This is from Yahoo Finance Tesla (TSLA) stock surged higher Friday, pushing shares to their highest level since February as the EV maker notched a third straight week of gains. General sentiment on trade drove Friday’s gains, with President Trump floating a cut to US tariffs on Chinese imports ahead

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Automotive and Tech

Rivian jumped 7.55% yesterday.  The company reported solid first quarter earnings. Carvana also jumped more than 10% yesterday.

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Travel Industry

Expedia Group is down 10% plus pre market after missing revenue targets for the first quarter.    It reports soft US travel demand.

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Healthcare Industry

NewYork-Presbyterian Hospital to cut 1000 jobs as health systems face serious pressure. Becker’s Healthcare by:  Kristin Kuchno.

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Stock Market Overview

The S&P 500 is now back to down 4% year to date.  And points up today.  Buy and hold, don’t try and time the market and know your allocation.

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