$HOOD – ROBINHOOD MARKETS INC – FUNDED CUSTOMERS GREW BY OVER 400 THOUSAND IN NOVEMBER
Day: December 4, 2024
REPUBLICANS WILL HOLD NARROW 220 TO 215 MAJORITY IN U.S. HOUSE -EDISON RESEARCH
REPUBLICANS WILL HOLD NARROW 220 TO 215 MAJORITY IN U.S. HOUSE -EDISON RESEARCH
ECB’S LAGARDE: INFLATION IS EXPECTED TO TEMPORARILY INCREASE IN THE FOURTH QUARTER OF THIS YEAR,
ECB’S LAGARDE: INFLATION IS EXPECTED TO TEMPORARILY INCREASE IN THE FOURTH QUARTER OF THIS YEAR,
ADP Nov US Private Sector Jobs +146,000
ADP Nov US Private Sector Jobs Expected +163,000
ADP Nov US Private Sector Jobs +146,000 ADP Nov US Private Sector Jobs Expected +163,000
US ADP OCT PAYROLLS CHANGE REVISED TO +184,000 FROM +233,000
US ADP OCT PAYROLLS CHANGE REVISED TO +184,000 FROM +233,000
GEORGIAN OPPOSITION LEADER BEATEN UNCONSCIOUS, DETAINED BY POLICE -PARTY ON X
GEORGIAN OPPOSITION LEADER BEATEN UNCONSCIOUS, DETAINED BY POLICE -PARTY ON X
Eva Longoria Decries Industry Obsession With Talent Only Working On One Show At A Time: “Our Business Is So Slow”
Eva Longoria wants to keep busy. The ex-Desperate Housewives star and now-Hyphenate Media boss decried an…
S. KOREAN PRESIDENT SOUGHT TO EVADE CRIMINAL INVESTIGATIONS: IMPEACHMENT MOTION
S. KOREAN PRESIDENT SOUGHT TO EVADE CRIMINAL INVESTIGATIONS: IMPEACHMENT MOTION
US AVERAGE 30-YEAR MORTGAGE RATE FALLS 17 BPS TO 6.69 PCT IN NOV 29 WEEK – MBA
US AVERAGE 30-YEAR MORTGAGE RATE FALLS 17 BPS TO 6.69 PCT IN NOV 29 WEEK –…
$AMZN – Amazon continues to be JPMorgan’s top investment pick.
• Early Holiday 2024 Performance: Positive US e-commerce growth with Cyber Week sales matching projections.
• Black Friday & Cyber Week: Sales growth met or exceeded expectations, with Amazon reporting record sales.
• Holiday Season Dynamics: Shortest holiday shopping period since 2019, yet growth driven by early promotions and discounts.
• Economic Context: Stable macro conditions despite ongoing inflation and high interest rates.
• E-commerce Projections: Expect US e-commerce to reach 24.5% of adjusted retail sales, up from 23.3% last year.
• Long-term Outlook: Anticipates e-commerce could account for 40%+ of retail sales, driven by growth in underpenetrated sectors.
• Amazon’s Market Position: Retains a ~45% share of US e-commerce, bolstered by delivery speed, Prime benefits, and competitive pricing.
• 4Q Forecasts: Predicts Amazon’s retail revenue (excluding AWS) to grow by +8.9% year-over-year, with a slight increase in US e-commerce share.
$AMZN – Amazon continues to be JPMorgan’s top investment pick. • Early Holiday 2024 Performance: Positive…