Trump's New "AI Economy" Could Mint 22,000 New American Millionaires Every 30 Days

A tidal wave of new AI wealth is about to flow into the economy. However, the biggest gains may no longer come from the usual hot AI stocks you've been hearing lately. We reveal how you can get the names of all the stocks you should get into now for the biggest investment opportunities of your life.

Next Week: Retail sales, newly constructed homes, unemployment benefit claims

The Associated Press
December 20, 2024

A look at some of the key business events and economic indicators upcoming next week.

Retail review

Redbook Research releases its weekly gauge of retail sales on Tuesday.

The report is a key indicator of retailers' performance because it measures growth at existing stores rather than from newly opened ones. The index, from Johnson Redbook Service, tracks sales from about 70 general merchandise and apparel retailers.

Johnson Redbook Service Index, weekly annual percentage change:

Nov. 8: 4.8

Nov. 15: 5.1

Nov. 22: 4.9

Nov. 29: 7.4

Dec. 6: 4.2

Dec. 13: 4.8

Source: FactSet.

Housing barometer

The Commerce Department delivers its latest monthly snapshot of U.S. sales of newly constructed homes on Tuesday.

Economists project that sales increased in November to a seasonally adjusted annual rate of 680,000 homes. In October, sales of newly built homes slumped to 610,000 amid continued pressure from inflation on consumers and potential home buyers, along with high borrowing costs.

New home sales, seasonally adjusted annual rate, by month:

June 672,000

July 707,000

Aug. 690,000

Sept. 738,000

Oct. 610,000

Nov. (est.) 680,000

Source: FactSet.

Tracking unemployment

The Labor Department issues its weekly tally of new unemployment benefit claims on Thursday.

U.S. applications for unemployment benefits slipped two weeks ago. They fell to 220,000. Weekly applications for jobless benefits are considered a proxy for layoffs. Applications for unemployment benefits still remain low relative to historical standards.

Initial jobless benefit claims, weekly, seasonally adjusted:

Nov. 8: 219,000

Nov. 15: 215,000

Nov. 22: 215,000

Nov. 29: 225,000

Dec. 6 : 242,000

Dec. 12: 220,000

Source: FactSet

Continue Reading...

Popular

US effort to curb China's and Russia's access to advanced computer chips 'inadequate,' report finds

WASHINGTON (AP) — The Commerce Department's efforts and to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to manufacture advanced weapons, according to a published Wednesday by the Senate's Permanent Subcommittee on Investigations.

Analyst: Bitcoin's Potential Surge To $800,000 In 2025 Tied To Trump's Policies, Says This Analyst

Perianne Boring, a crypto lobbyist who is CEO of The Digital Chamber, says that Bitcoin‘s (CRYPTO: BTC) value could potentially skyrocket to $800,000 next year.

Trump's New "AI Economy" Could Mint 22,000 New American Millionaires Every 30 Days - Ad

A tidal wave of new AI wealth is about to flow into the economy. However, the biggest gains may no longer come from the usual hot AI stocks you've been hearing lately. We reveal how you can get the names of all the stocks you should get into now for the biggest investment opportunities of your life.

Amazon investing another $10 billion in Ohio-based data centers

COLUMBUS, Ohio (AP) — Amazon Web Services will invest another $10 billion to bolster its data center infrastructure in Ohio.

Apple Eyes Sony Partnership For Game-Changing Vision Pro Upgrade

Apple and Sony are reportedly joining hands to augment the gaming capabilities of the Vision Pro.

Is This Defi Coin Your Next "10-Bagger" Investment? - Ad

Our #1 pick in decentralized finance is largely overlooked by mainstream investors (for now). This governance token could skyrocket as DeFi adoption surges with the smart money and institutions.

Travis Hunter Wins Heisman, Will He Be #1 Pick In 2025 NFL Draft? What Betting Odds, History Show

Travis Hunter is a top favorite to go first overall in the 2025 NFL Draft. A look at the betting odds and what history says about Heisman Trophy winners.

Is Artificial Intelligence the Biggest Bubble in History? - Ad

Is it any surprise 31 billionaires (including: Warren Buffett, Elon Musk, Jeff Bezos, and more) are quietly unloading their OWN stocks at record pace? They're getting OUT of AI (and Tech Stocks) before it's too late. But why? And WHERE are they moving their cash for the biggest profits, in 2024?

What do we know about the mysterious drones reported flying over New Jersey?

A large number of have been reported flying over parts of New Jersey in recent weeks, sparking speculation and concern over who sent them and why.

What's Going On With Illumina Stock On Monday?

Illumina exits Nasdaq-100, reports Q3 EPS of $1.14 beating estimates, faces macroeconomic challenges, and lowers 2024 revenue guidance.

Exposed: 3 Cent Crypto to Explode January 20th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on January 20th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Mark Cuban Says This Is The 'Holy Grail' That Makes Bluesky Better Than Musk's X Platform

Mark Cuban shares the reasons he prefers Bluesky over X in a recent interview, and gives thoughts on the potential TikTok ban.

China's exports slow, imports decline, in November falling below forecasts

HONG KONG (AP) — China’s exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost the economy after the shocks of the COVID-19 pandemic.

Time Magazine's "Armageddon Man" Goes Rogue - Ad

He's worked side-by-side with Warren Buffett, Alan Greenspan, Ron Paul and Jim Rickards... and he's written several #1 best-selling investment books. Now he's sharing the most exciting opportunity of his three-decade-career. Early investors can target up to 10X returns in 2 years from a play NOBODY else is talking about.

PEPE Surges 27% Over The Week Powered By Crypto Exchange Listings As Dogecoin, Shiba Inu Get Left Behind

Frog-themed cryptocurrency Pepe (CRYPTO: PEPE) was one of the most successful meme coins over the last week, outperforming the more names in the field. 

TikTok being investigated after suspected meddling in Romania's presidential election

LONDON (AP) — European Union regulators said Tuesday they're investigating whether TikTok breached the bloc's by failing to deal with risks to Romania's presidential election, which has been thrown into turmoil over allegations of electoral violations and Russian meddling.

Is a Starlink IPO Coming in 2024? - Ad

Could there be signs that a Starlink IPO is set for the second half of 2024? According to one top venture capitalist, the answer is YES! And for the first time ever, you have the rare chance to profit pre-IPO... BEFORE Starlink goes public.

Andrew Tate can have over $2.5 million seized from him in tax dispute, British court says

LONDON (AP) — A British court ruled Wednesday that police can seize more than 2 million pounds ($2.5 million) to cover years of unpaid taxes from influencer Andrew Tate and his brother Tristan.

Palantir's Shyam Sankar Says AI The New Frontier In Defense — Reflects On Possible Pentagon Rule Under Trump As Stock Soars

Palantir Technologies Inc. Chief Technology Officer Shyam Sankar highlighted the critical role of artificial intelligence in national defense and outlined the company's vision for rebuilding America's industrial base during a CNBC "Closing Bell Overtime" appearance on Saturday Dec, 7, 2024.

Media Humiliated: Demo of Elon's Tech Proves They're Wrong - Ad

It's smaller than a quarter, but it could power Elon Musk's next AI revolution... A revolution he believes will be worth more than $9 trillion. Believe it or not, this device could even help put an extra $30k in your pocket every year outside of the markets.

Rupert Murdoch’s attempt to change his family’s trust over Fox News media empire control rejected

RENO, Nev. (AP) — A probate commissioner has ruled against Rupert Murdoch’s effort to change his family’s trust to give one of his sons control of his media empire and ensure Fox News maintains its conservative editorial slant, according to a sealed document obtained by The New York Times.

This Is CRAP (Beat the Banks) - Ad

Can you believe this crap? 0.06% APY. THAT'S IT That's all you earn on average right now in 2022 according to the FDIC, in most USA savings accounts. In this video, you will see EXACTLY how you can participate in one of the biggest financial opportunities of our lifetime.

Amazon and Starbucks workers are on strike. Trump might have something to do with it

and are on strike in a handful of U.S. cities as they seek to exert pressure on the two major companies to recognize them as unionized employees or to meet demands for an inaugural labor contract.

Why is tech giant SoftBank investing over $100 billion in the US?

BANGKOK (AP) — Japanese tycoon and President-elect Donald Trump for technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States over the coming four years.

Wall St Legend: Buy This Stock Before Inauguration - Ad

This is the best election year for stocks since 1936. But according to one 50-year insider, not everything is as rosy as it seems on Wall Street...

DOJ files complaint against CVS for facilitating unlawful sale of prescription opioids

The Justice Department unsealed a civil complaint Wednesday alleging CVS Pharmacy Inc. and various subsidiaries filled “unlawful” prescriptions in violation of the federal Controlled Substances Act.

House Rejects Trump-Endorsed Backup Plan To Prevent Government Shutdown And Suspend Debt Limit: Lawmakers Chant 'Hell No'

The House rejected Speaker Mike Johnson's debt-limit suspension plan, increasing the risk of a government shutdown ahead of Friday's deadline on Thursday, December 19, 2024.

How a Tiny 1% Use a Secret Whale CashFlow Strategy That Pays in Down Markets - Ad

How do you beat the market and earn while everyone else loses? You get paid without trading it. It's true. Using a legit "loophole" that only 1% of people in crypto even know about, you can actually get paid when other people trade.

Microsoft Shareholders Reject Proposal To Explore Bitcoin Investment

Microsoft (NASDAQ:MSFT) shareholders voted against a proposal urging the company to study adding Bitcoin (CRYPTO: BTC) to its balance sheet, effectively ending discussions about the tech giant joinin

As data centers proliferate, conflict with local communities follows

ALEXANDRIA, Va. (AP) — Richard Andre Newman thought he would live the rest of his life in his quiet, leafy neighborhood in suburban . He was born and raised in Bren Mar Park, where children ride their bikes and neighbors wave hello.

There's Only ONE AI Company That Matters - Ad

It's not Nvidia, AMD, IBM, or any new startup. It's not even an artificial intelligence company... yet it holds the key to the entire AI market. Get all the details of the critical technology that the entire AI sector needs to survive.

Activist Investor Urges Macy's To Rethink Strategy, Prioritize Shareholder Returns

Retail giant Macy's faces challenges, activist investor Barington Capital urges focus on real estate to increase value.

Wall Street Veteran Slams Fed's Rate Cut Plans: 'Wake Up To Economic Realities'

Ed Yardeni warns Fed against further rate cuts due to risks of overheating economy and stock market euphoria, while data shows high inflation and strong labor market.

A Strange Twist Is About to Hit the AI Market That Almost Nobody Sees Coming... - Ad

If you have any money in AI stocks right now, or if you're even thinking about it, you need to see what's going on. The truth is, the moves we've seen in tech and AI stocks over the last couple of months could be the start of something much bigger. That's why I've put together this special presentation with Wall Street legend, Charles Mizrahi.

Stock market today: Asian shares are mixed ahead of key US inflation data

HONG KONG (AP) — Asian shares were mixed Friday as markets awaited U.S. personal spending data for November that are due later in the day.

Trump Meets TikTok CEO Shou Zi Chew At Mar-A-Lago As Platform Urges Supreme Court To Block Looming Ban

President-elect Donald Trump met with TikTok CEO Shou Zi Chew as the ByteDance-owned platform urges the U.S. Supreme Court to block a looming ban that could take effect on Jan. 19, threatening billions in revenue and impacting small businesses.

Scary Accurate AI Money Map Shows Strange Twist Coming for the Market - Ad

Over the last 5 years, this "scary accurate" AI Money Map has helped investors get in on the right stocks, at the right time -- during this AI revolution... Now it shows a strange twist is coming for the AI market that almost nobody sees coming... And worse still, no one's being warned about.

New charges target ex-Miami congressman for lobbying on behalf of sanctioned Venezuelan tycoon

MIAMI (AP) — A federal grand jury in Washington has returned an indictment against former Congressman David Rivera for failing to register as a foreign agent of a sanctioned Venezuelan media tycoon on whose behalf the Miami Republican allegedly lobbied the Trump administration.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service