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HomeThe Daily Financial Trends

The Daily Financial Trends

The Daily Financial Trends
Trends Make the Portfolio – David Greenberg
Apple Watch
Finance

Apple Moving Production Lines Out Of China, To Vietnam The Daily Financial Trends

August 19, 2022 Mariel Alumit

Two of Apple’s iPhone manufacturers, Luxshare Precision Industry, and Foxconn, have begun testing Apple Watch manufacturing in a new facility in northern Vietnam. And now Nikkei Asia is reporting the iPhone maker is looking to […]

Finance

China Rations Electricity To Manufacturers In Southwest Due To Drought The Daily Financial Trends

August 19, 2022 Mariel Alumit

China is shuttering factories in the southwest as a worsening drought has begun to limit hydroelectric energy generation at several reservoirs, triggering rolling blackouts across cities in the region. Added to worsening outlooks in the […]

Finance

Target Profits Down 90% In Q2 The Daily Financial Trends

August 19, 2022 Mariel Alumit

Target’s second quarter profits fell 90%, missing expectations massively, as customers weighed down by inflation pulled back on spending on non-essential items. Most retailers have been having a tough run, being forced to cut prices […]

Russia
Finance

Russia Thrives Under Sanctions As Oil Earnings Up 38% The Daily Financial Trends

August 19, 2022 Mariel Alumit

A mixture of rising oil prices will combine with increased demand for Russia’s discounted crude, pumping up oil exports. Those exports will raise Russia’s earnings from oil 38% to $337.5 billion this year, according to […]

oil prices
Finance

Oil Drops Again On Global Slowdown Fears The Daily Financial Trends

August 16, 2022 Mariel Alumit

As economic data from China spurred fresh worries about a global economic slowdown that would sap oil demand, oil prices declined on Tuesday, extending losses from the previous session. Brent crude futures were down 90 […]

Finance

Boxabl Pre-Fab Housing Gets $19 Million Funding On StartEngine The Daily Financial Trends

August 16, 2022 Mariel Alumit

Boxabl, the pre-fab housing company Elon Musk made famous, has just raised $19 million in crowd-funding to build the world’s largest pre-fab home manufacturing center. Boxabl first gained fame when Tesla COE Elon Musk swore […]

Finance

Stocks Slide In Asia The Daily Financial Trends

August 16, 2022 Mariel Alumit

Stocks stalled in Asia as global markets were permeated with fears of a global economic slump, commodity prices slid downward and the dollar was bolstered. Meanwhile, Japan shares dipped, as South Korea and Australia picked […]

Finance

Musk Only Granted One Witness From Twitter, But It Is A Fired Employee The Daily Financial Trends

August 16, 2022 Mariel Alumit

A Delaware court has ordered Twitter to relinquish to Elon Musk records from its former consumer product head related to the spam and bot accounts which the billionaire has cited, in seeking to nullify his […]

Finance

Saudi Prince Alwaleed Bet Heavily On Russian Companies In February The Daily Financial Trends

August 15, 2022 Mariel Alumit

In what in retrospect appears a massive blunder, Saudi billionaire Prince Alwaleed Bin Talal’s investment firm, Kingdom Holding Co., invested over $500 million in Russian firms in the days leading up to Russia’s invasion of […]

Jim Rogers Sees Precious Metals And Agriculture As The Way Forward The Daily Financial Trends
Commodities

Jim Rogers Sees Precious Metals And Agriculture As The Way Forward The Daily Financial Trends

August 15, 2022 Mariel Alumit

Many investors are looking at the crypto market and seeing a firesale. However legendary investor Jim Rogers is telling people there is one thing they need to be mindful of, which could make any investment […]

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