Author: franperez66q@protonmail.com

The past six weeks since our last CNBC Investing Club Monthly Meeting have been great for the market overall and most of our portfolio. The S & P 500 and Nasdaq on Wednesday were trying to add to their record highs. Since our April 16 meeting, through Tuesday’s close, the S & P 500 jumped 6.7%, and the Nasdaq surged 10.6%. .SPX .IXIC mountain 2026-04-16 S & P 500 and Nasdaq since our April 16 monthly meeting Despite a bit of a rough patch earlier this month, due to Iran-war-driven elevated oil prices and bond yields, it has been an…

Read More

Jamie Dimon, CEO of JPMorgan Chase, speaks at the American Business Forum at the Kaseya Center in Miami on Nov. 6, 2025.Chandan Khanna | AFP | Getty ImagesJPMorgan Chase CEO Jamie Dimon said Wednesday that his bank could spend up to $20 billion on an acquisition in the coming years.A deal that size would be the largest of Dimon’s 20-year tenure atop JPMorgan and test regulators’ appetite for consolidation among the biggest U.S. banks.”I do think there might be opportunities, and so we are on the lookout,” Dimon told analysts at a New York financial conference.”There might be, in the…

Read More

The two front motors each generate 140 hp (105 kW) and 103 lb-ft (140 Nm) and share a 300 kW inverter. Meanwhile, the rear motors offer 415 hp (310 kW) and 261 lb-ft (355 Nm). The rear axle uses a 600 kW inverter that also handles a DC/DC conversion to power the suspension: some very clever 48 V spool dampers developed with Multimatic (and already used to good effect on Ferraris like the F80 and Purosangue). The suspension should do a decent job of hiding the Luce’s curb weight, which at 4,895 lb (2,260 kg) makes it slightly heavier than…

Read More

People walk past a Lululemon store on April 03, 2025 in Miami Beach, Florida. Joe Raedle | Getty ImagesLululemon is ending its feud with founder Chip Wilson. The athletic apparel company entered into an agreement with Wilson on Wednesday that ended a messy proxy contest the founder started late last year as its largest individual shareholder. Under the terms of the deal, Luluelmon has agreed to appoint two of Wilson’s nominees – former On co-CEO Marc Maurer and former ESPN Chief Marketing Officer Laura Gentile – and an additional director with “product and brand expertise in apparel” by October. In exchange, Wilson agreed not to bad…

Read More

Woman with Signos wearable and appSource: SignosHealth tech startup Signos announced a $20 million funding round on Wednesday, growing its foothold in the GLP-1-fueled weight loss market and expanding its partnership with medical device giant Dexcom. Google Ventures, Dexcom and Blue Cross Blue Shield of Alabama invested in this latest round, which includes a new distribution deal to put Signos’ subscription plans on Dexcom’s direct-to-consumer site.”Dexcom’s investment really reflected the shared belief in the future of glucose biosensing beyond diabetes management,” CEO Sharam Fouladgar-Mercer told CNBC. “Their biosensor provides glucose data. We translate that into actual guidance.”Signos makes an artificial…

Read More