Posts by John Bannan

Quick Summary: In this week’s Closing Bull, we will be discussing Elon’s statement on the bankruptcy of SpaceX, briefly discussing the Omicron variant that is going around, Captial One’s rise to the largest bank to ditch overdraft fees, Crypto current executives testifying before the House, Fed Chair Jerome Powell wanting to retire the word “transitory”…

Quick Summary In this week’s Closing Bull we take a look at Biden’s plan to bring down the prices of gas by opening oil reserves in the US, the WHO calls for an emergency meeting after the news of a new strain, and Powell gets picked for a second term. Let’s get into the news!…

Quick Summary: In this week’s Closing Bull, we take a look at Biden’s $1.2 trillion infrastructure bill, the Build Back Better bill has been passed by the House, a climate deal has come in from COP26 summit in Glasgow, companies are propping up gas prices, the clever people at Walmart plan ahead to stock up for…

Quick Summary: In this week’s Closing Bull, we take a look at Companies working on AR and VR technology to allow consumers to try clothes on from home. The US consumer price has hit a 30-year high, Automakers create technology to stop drunk driving, streaming services in the US are starting to dive, and the…

Quick Summary: In this week’s Closing Bull, the Fed finally approved plans to start scaling back on stimulus, corporations are being In this week’s Closing Bull, the Fed finally approved plans to start scaling back stimulus; corporations are being forced to get their employees vaccinated. Also, Kroger, America’s largest grocery chain, is investing in grocery…

Quick Summary: In this week’s Closing Bull, we cover disappointing big tech results, the continuing worry of inflation, America’s economic growth, and more. Key News This Week: System Update Disappointing results with big tech Amazon profits plunge Inflation continues to worry President Biden pitches social spending plan US economy growth below expectations Proposal for a…

Quick Summary: In this week’s Closing Bull, Tesla hits record profits, inflation continues to rise, Morgan Stanley says “Bitcoin is worthless”, and more. Key News of the Week: Market recap Tesla hits record profits Inflation continues to rise Prices of energy skyrocket Extraction of more than double the number of fossil fuels by 2030 First…

Quick Summary: This week’s Closing Bull focuses on the bank’s quarterly profits, workers returning to their office jobs since the pandemic, Starbucks turns 50 years old, and US energy costs are skyrocketing. Key News This Week: Market recap Bank news Workers returning to their office jobs Starbuck turns 50 Energy costs rising Read the Transcript…

Quick Summary: This week’s blog post entails politicians using the debt ceiling as bargaining chips, the September jobs report has come in with disappointing news, and the Facebook/Instagram and WhatsApp crash that occurred earlier in the week. Key News This Week: Doom and gloom in the market September jobs report Facebook/Instagram and WhatsApp Crash Captain…