STOCK MARKET TODAY | SEPTEMBER 10 | #JPM #ALLY $SOFI #HIMS #GME

Published: Sep 10, 2024 Duration: 00:00:58 Category: Education

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welcome back the S&P 500 ended the day up 0.5% however it was a bad day for the financial sector here's why first JP Morgan warned about underestimated spending and overestimated interest earnings confirming that the stock might be overvalued second Ali Financial CFO said consumers are struggling and delinquencies AR Rising leading to a small fin Tech crash third the FED scaled back plans to increase Capital requirements for big Banks initially set for a 20% rise it's now just 9% on the energy front us crude prices dropped 4.3% hitting lows not seen since December 2021 in a strategic move hims and hers acquired an FDA registered 53b facility which is anticipated to bolster its supply chain capabilities GameStop missed Revenue targets but surprised with a profit yet no earnings call and no guidance from the company and lastly the presidential debate ended with no clear winner just the usual show as always shout out to my buddy Luke visit him on X and enjoy the day

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