Business and Finance News - 9.27.24

Author

Skool Projekt Staff
September 27, 2024

 

Good Morning, Students!

 

Frugality refers to the practice of being economical and mindful when using money or resources. It involves making careful decisions to avoid unnecessary spending, often focusing on long-term savings and sustainability. People who embrace frugality prioritize value and efficiency, ensuring that their resources are used wisely to achieve financial stability.

 

Practice frugality to maximize your savings.

 

-Mr. W

 

TOP STORIES

 

*Apollo Global Management (APO) - Apollo Global Management is a global alternative investment management firm. It specializes in investing across various asset classes, including private equity, credit, and real assets.

*Citigroup (C) - Citigroup Inc., commonly known as Citi, is a global financial services corporation with a wide range of financial products and services.

 

 

*Meta Platforms (META) - Meta, formerly known as Facebook Inc., is a multinational technology conglomerate that operates a variety of social media platforms and technology products.

 

 

*Micron (MU) - Micron Technology, Inc. is an American multinational corporation that specializes in the design and production of semiconductor devices, primarily memory and storage products.

 

 

*OpenAI - OpenAI is an artificial intelligence research organization and company with a mission to ensure that artificial general intelligence (AGI) benefits all of humanity.

 

 

*Weekly Jobless Claims - Weekly jobless claims refer to the number of individuals who file for unemployment benefits for the first time during a given week. This data, reported by the U.S. Department of Labor, serves as an important economic indicator, reflecting the health of the job market.

 

THE MARKETS

Here’s how the major indexes did yesterday:

 

Here’s how leading market ETFs did yesterday:

 

Here’s how The Magnificent Seven did yesterday:

 

Here’s how the major cryptocurrencies did yesterday:

Disclaimer: This content is not intended as financial guidance. The purpose of this newsletter is purely educational, and it should not be interpreted as an encouragement to engage in buying, selling, or making any financial decisions regarding assets. Exercise caution and conduct your own research before making any investment choices.