New York Post

There may be trouble looming on the horizon for the U.S. stock market, according to BCA Research.

In a note to clients last week, BCA Research chief global strategist Peter Berezin warned that, contrary to popular belief, the economy will fall into a recession either this year or in early 2025. 

Should that happen, the S&P 500 could tumble to 3,750, which marks a 30% drop from current levels.

Stock market could drop 5% or more before end of 2024: Wall Street analyst warns

Berezin’s prediction hinges on the belief that the labor market will slow notably in coming months, which will weigh heavily on consumer spending...

US headed for a deep recession in near future as stocks could fall 30%, analyst warns

The Motley Fool

Amazon stock just hit a record high on the back of its improving profitability and growing presence in artificial intelligence (AI).

Meet the Unstoppable Stock That Just Joined Nvidia, Microsoft, Apple, and Alphabet by Topping $2 Trillion in Market Cap

The venture firm emailed LPs in funds raised between 2009 and 2011 with an offer to buy up to $861 million worth of shares in Stripe, Axios reported. Sequoia has declined to comment but the buyers would be other, newer Sequoia funds, according to the email sent to LPs, that was shared by Axios.

Major Stripe investor Sequoia confirms $70B valuation, offers its investors a payday

Macy’s shares fell by more than 14% in Monday morning trading after the retailer said it was done working with a pair of investment funds that had been trying to take it over. Suggested Reading. The company announced that it was cutting short its collaboration with Arkhouse Management and...

Macy's stock falls 14% after it cuts ties with investment funds that want to take it over

Reuters

(Reuters) - OneStream Software, which is backed by private equity firm KKR, is targeting a valuation of about $4.38 billion in its U.S. initial public offering. The software firm and its selling shareholders aim to sell 24.5 million shares, priced between $17 and $19 each, to raise up to $465.5 million, according to a filing on Monday.

KKR-backed OneStream seeks $4.38 billion valuation in US IPO

Nvidia and Micron have received price target increases from KeyBanc. Analyst John Vinh raised Nvidia’s target to $180 from $130 and Micron’s to $165 from $160. The increases come as traditional server demand improves and AI needs continue. KeyBanc looked at data analytics and semiconductor use by region....

Nvidia and Micron price targets raised

24/7 Wall St.

In case you have been living under a rock for the past year and a half, NVIDIA Corp. (NASDAQ: NVDA) has been the market’s hottest stock and is now one of the largest companies — as measured by market capitalization — in the entire world. After the chipmaker underwent a recent 10-for-1 stock split on June […]
The post If You Bought $100 of Recently Split Stock NVIDIA at Its IPO, This Is How Much It’d Be Worth Now appeared first on 24/7 Wall St..

If You Bought $100 of Recently Split Stock NVIDIA at Its IPO, This Is How Much It’d Be Worth Now

The biggest news of the morning? Seeing the June CPI print with a negative sign. You can be pretty sure now that Fed rate cuts are coming. The overall June consumer price index dropped 0.1 points from May. Year-on-year, it almost printed with a 2-handle (it came in at a flat 3.0%). The core was only up one-tenth on the month, and 3.3% on the year. And yes, the yearly numbers are still high. But the recent trend has been incredibly soft. Core CPI for the past three months annualized is now running just 1.1%.

Kelly Evans: The cuts are coming

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

California State

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The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

We trust gig workers to drive us around, deliver our food and go through the tedium of shopping for our groceries. We trust the profile picture on the app is a safe person and that their employers back that up. One woman made a killing on exploiting that fantasy of safety, and her story is thrilling and terrifying at the same time.

A woman made her own black market by renting out Uber and Lyft accounts

Markets Insider

The S&P 500's record-setting rally this year has sparked a wave of price target increases from Wall Street. The most bullish S&P 500 price target is 6,000 from Evercore ISI, which represents a gain of about 7%. Key bullish drivers includes AI benefits, consumer resilience, and imminent Fed rate cuts.

Wall Street is bullish on stocks for the 2nd half of the year. Here are each firm's exact forecasts.

Total Apex Sports & Entertainment

Do your loved ones consult you regularly when they face a crisis? Intelligence is a branch of psychology that lacks a standard definition. Some scientists claim that it is a single ability and others state it comprises aptitudes and skills. Intelligent zodiac signs learn from their experiences and easily recognize and solve problems.

5 Most Intelligent Zodiac Signs

New York City, NY

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Okta and Celsius have seen healthy growth and have room to run. Ares Capital has a 20-year track record, and the stock is dirt cheap. NextEra Energy and Home Depot pay reliable and growing dividends. The S&P 500 and Nasdaq Composite are hovering around all-time highs, but there are plenty...

5 Top Stocks to Buy in July

Virginia State

Virginia fans of The Bold and the Beautiful are pretty much unified in their expectations of what will happen between Thomas Forrester (Matthew Atkinson) and Paris Buckingham (Diamond White), who recently announced their engagement.

The Bold and the Beautiful fans believe Thomas will dump Paris for Hope

NewsByJoshua

So, Ford's CEO Jim Farley dropped some pretty big news recently, and it might just shake up how we think about electric vehicles (EVs). Speaking at the Aspen Ideas Festival, Farley laid out what he sees as a necessary shift in the automotive industry—especially for those of us accustomed to big, powerful vehicles.

Ford CEO Jim Farley Warns of ‘Radical Change’ and Says EV Batteries Will ‘Never Be Affordable’

These six top Dow Jones industrial average stocks are among the best dividend ideas for investors now, and all are rated Buy at top Wall Street firms. 
The post 6 Dow Jones Dividend Stocks to Buy Hand Over Fist appeared first on 24/7 Wall St..

6 Dow Jones Dividend Stocks to Buy Hand Over Fist

The attempted assassination of former president Donald Trump on Saturday stunned and captivated millions across the world. It also ignited a merchandise feeding frenzy. Influencers, as usual, were among the first to cash in on the incident. Conservative commentator Candace Owens has started selling a shirt that reads“For God And Country” and features a rendition of Trump with his fist raised above his head following the shooting. Similar shirts are being offered by Sebastian Gorka, a movie star and former Trump administration official, and pro-Trump retailers, like Trumpmagashop.com or The Trump Store.

People are already turning the Trump assassination attempt into merchandise

NewsBreak

Stripe investors are getting a $70 billion buyout valuation from Sequoia Capital

A major fintech player could be cashing out early investors soon in a major deal. Axios reports that payment processor Stripe might be about to let...

Stripe investors are getting a $70 billion buyout valuation from Sequoia Capital

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