Business and Finance News - 10.17.24

Author

Skool Projekt Staff
October 17, 2024

In partnership with

 

Good Morning, Students!

 

A stock represents a share in the ownership of a company, giving the holder a claim on part of the company's assets and earnings. By purchasing stocks, investors become partial owners of the company, with the potential to benefit from its financial success. Stocks are bought and sold on stock exchanges, and their value fluctuates based on the company's performance and market conditions.

 

Buy and hold quality stocks to grow your financial future.

 

-Mr. W

 

UPDATE: Skool Projekt has acquired Economics Projekt and will fully integrate its content. As part of this merger, premium members will gain access all lessons and mini-lessons, including the following:

  • Financial Literacy (lesson)

  • Economics of Cryptocurrency and Blockchain (lesson)

  • Economics of Artificial Intelligence (lesson)

  • 401(k) (mini-lesson)

  • High Yield Savings Account (HYSA) (mini-lesson)

In addition, new lessons will be released monthly, and mini-lessons will be added bi-weekly to keep content fresh and relevant.

 

This move reinforces Skool Projekt’s dedication to making economics both approachable and meaningful by offering accessible, engaging, and practical digital lessons that simplify complex concepts for everyone to understand.

 

 

The Daily Newsletter for Intellectually Curious Readers

  • We scour 100+ sources daily

  • Read by CEOs, scientists, business owners and more

  • 3.5 million subscribers

 

TOP STORIES

 

*Amazon (AMZN) - Amazon is a multinational technology and e-commerce company based in the United States, known for its vast online retail platform, cloud computing services through Amazon Web Services (AWS), digital streaming services, and artificial intelligence innovations.

 

*ASML (ASML) - ASML Holding N.V. is a Dutch company that develops and manufactures advanced photolithography systems, which are essential for the production of semiconductor chips.

 

*The Federal Trade Commission (FTC) - The Federal Trade Commission (FTC) is an independent agency of the United States government that focuses on promoting consumer protection and eliminating and preventing anticompetitive business practices.

 

*General Motors (GM) - General Motors (GM) is a multinational corporation that designs, manufactures, markets, and distributes vehicles and vehicle parts.

 

*Morgan Stanley (MS) - Morgan Stanley is a leading global financial services firm that offers a wide range of investment banking, securities, wealth management, and investment management services.

 

 

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. 

 

Partner Disclosure: When you purchase through links on our site, we may earn a small commission at no extra cost to you, which helps support the content we create and keeps it free for our readers. Occasionally, we collaborate with brands, companies, and organizations that share our values. These partnerships allow us to continue delivering high-quality content. While we may receive compensation from these collaborations, our opinions, reviews, and recommendations are always our own, and we only partner with brands we believe bring real value to you.