The Morning Investor

#Bitcoin hits 100k??

Founded the day before the SVB collapse, xAI was founded by Elon Musk. The company just raised the largest Series B round in history... $6 Billion ?? Valuation - $18 Billion (pre-money) From investors including Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity Investments, Prince Alwaleed Bin Talal and Kingdom Holding Company, and more. ? They have one core mission ? Understanding the Universe #artificalintellgience #elonmusk #investmentnews #seriesB #venturecapital

GameStop Stock Temporarily Halted After Soaring Following 'Roaring Kitty' Posts ?? **#GameStopSurge Alert!** ?? Keith Gill, a.k.a. Roaring Kitty, is back on X and it's caused a massive stir! #GME shares soared over 90% this Monday morning, mimicking the wild days of 2020-2021. ?? ?? With nostalgic clips from Marvel to "Breaking Bad," his latest posts have sparked excitement across the #WallStreetBets community. Remember when his initial $53K investment ballooned to $48M? ?? GameStop rocks as short sellers cover their positions. GameStop currently sits at $30.47 up (82.79%) year to date. #GameStop #Investing #StockMarket #MemeStocks

RIP to a legend #jimsimons

McDonalds was founded May 15, 1940. Major lessons can be learned from the story, feel free to watch our 4 minute video explaining the origin story of the Mc Donalds Empire. https://lnkd.in/eD69WJdT

Reddit IPO Reddit priced its initial public offering at $34 per share, the higher end of its expected range, valuing the social media platform at roughly $6.4 billion. Reddit was?founded by University of Virginia roommates Steve Huffman and Alexis Ohanian Sr., as well as Aaron Swartz back in 2005. Later graduating from the esteemed Y-Combinator Start Up accelerator. Reddit has solidified its self as "The Front Page of the Internet"

Jobs Report for February have just been released. In February, the U.S. labor market saw a notable increase in non-farm payroll employment, adding 275,000 jobs, according to the Bureau of Labor Statistics. However, the unemployment rate also edged up to 3.9 percent, with a rise in the number of unemployed individuals to 6.5 million. This uptick in unemployment contrasts with the 3.6 percent rate and 6.0 million unemployed a year earlier. The job gains were spread across various sectors, with health care, government, food services and drinking places, social assistance, and transportation and warehousing leading the way. Health care alone added 67,000 jobs, continuing its growth trend. Government employment rose by 52,000, with local government and federal government positions increasing. The food services sector saw a boost of 42,000 jobs, while social assistance and transportation and warehousing added 24,000 and 20,000 jobs, respectively. Despite the overall increase in employment, the report highlighted some challenges. The number of permanent job losers grew by 174,000 to 1.7 million, and the long-term unemployed remained at 1.2 million, making up 18.7 percent of the unemployed. Additionally, the labor force participation rate held steady at 62.5 percent, and the employment-population ratio was little changed at 60.1 percent. Average hourly earnings saw a modest increase of 5 cents to $34.57, following a more significant rise in January. The average workweek for all employees also edged up by 0.1 hour to 34.3 hours. The report also included revisions to previous months' data, with December's employment gains adjusted down from 333,000 to 290,000 and January's from 353,000 to 229,000. These revisions indicate that employment growth in those months was lower than initially reported. #jobreport #unemployment