Business and Finance News - 10.23.24

Author

Skool Projekt Staff
October 23, 2024

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Good Morning, Students!

 

Surplus refers to the amount by which income or revenue exceeds expenses or costs over a specific period, reflecting positive financial performance. It indicates that an individual, business, or government has accumulated more financial resources than are necessary to meet their current obligations and operating costs. These surpluses can be strategically reinvested to generate future growth, saved as a financial buffer for unforeseen needs, or allocated to fund new projects, initiatives, or expansions.

 

Put your surplus into savings or investments to secure future financial freedom.

 

-Mr. Projekts

 

*Have a question for Mr. Projekts? Submit it by emailing [email protected].

 

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TOP STORIES

 

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

 

*International Monetary Fund (IMF) - The International Monetary Fund (IMF) is an international financial institution that aims to promote global economic stability and growth by providing policy advice, financial assistance, and technical assistance to its member countries.

 

*Microsoft (MSFT) - Microsoft Corporation is a global technology company that develops, manufactures, licenses, supports, and sells a wide range of software products, hardware devices, and related services.

*OpenAI - OpenAI is an artificial intelligence research organization and company with a mission to ensure that artificial general intelligence (AGI) benefits all of humanity.

 

*Verizon (VZ) - Verizon is a telecommunications company that provides a wide range of services, including wireless communication, broadband internet, and digital television, as well as enterprise solutions.

 

*Walmart (WMT) - Walmart Inc. is a multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. It offers a wide range of products, including groceries, apparel, electronics, and home goods, both in physical stores and online.

 

 

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. 

 

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