Ivanpiperberg
Ill decided to start posting regularly. Still our objetive is always +35% yearly. Updates: Cold in Hollywood The big moguls of Hollywood's silver screen are a bit nervous. With Paramount $PARA (Paramount Global) merging with Skydance, theater owners fear a reduction in the number of films arriving on their screens. Guilty Parties Boeing $BA (Boeing) is negotiating with the U.S. Department of Defense about the impact of its guilty plea on its government contracts. Boeing agreed to plead guilty to fraud related to the 737 MAX crashes that caused 346 deaths. The fine amounts to $243.6 million. The Department of Justice will supervise its compliance for three years. Despite this, Boeing remains crucial in defense and space contracts, with sales of $7 billion in the first quarter. Insurance Stocks As Hurricane Beryl batters Texas, Wall Street's eyes were on the insurance sector, predicting a tumultuous hurricane season. Who are the most affected? These names: $ALL (Allstate Corp) $PGR (Progressive Corp) $CB (Chubb Corp) $AIG (American International Group Inc) $TRV (Travelers) The reason? These companies, with a significant market share in catastrophe-prone areas, could see their stocks sway with the storm's winds. Corning $GLW (Corning Inc) Shares rose after the company increased its core sales projections for the second quarter to $3.6 billion from $3.4 billion, and announced that its earnings per share are expected at the high end or "slightly above" the projection of 42 to 46 cents. $BTC The Germans had no choice but to hodl. On Monday, the German government got busy and transferred over 10,000 bitcoins to exchanges and market makers. But the story doesn't end there: later that same day, they received almost 3,000 BTC back, about $163 million, according to Arkham Intelligence. What happened with those coins? Apparently, the exchanges returned the bitcoins because they failed to sell them at the desired price. Steven Zheng of The Block commented that this suggests a failed sales agreement between Germany and Coinbase $COIN (Coinbase Global Inc)