$TGT Target says it will close nine stores in major cities, citing violence and theft

Target said it will close nine stores across the country after struggling with crime and safety threats at those locations.

Target, which has nearly 2,000 stores in the U.S., has been outspoken about organized retail crime at its stores and said theft has driven higher levels of shrink.

Target is closing locations in New York City, Seattle, San Francisco and Portland.

UAW threatens 2nd expansion of strikes at Detroit automakers if progress isn’t made by Friday

https://www.cnbc.com/2023/09/27/uaw-threatens-to-expand-strikes-again-at-gm-ford-stellantis.html

  • The United Auto Workers union will announce expanded strikes at General Motors, Ford Motor and Stellantis plants if the sides don’t make significant progress in negotiations by 10 a.m. ET Friday.
  • The new union-imposed deadline comes a w
Palantir Wins $250 Million over 3 years AI Deal With US Defense Department

https://finance.yahoo.com/news/palantir-wins-250-million-ai-222730235.html

Palantir Technologies Inc. has won a $250 million contract with the US Defense Department to research and develop artificial intelligence and machine learning technology. The new three-year deal demonstrates the company’s closeness to the US government, as well as its growing prese

Stock losses deepen amid Fed fallout, shutdown worries

On Tuesday, the stock market continued its September decline as Wall Street's attention remained fixated on the increasing likelihood that the Federal Reserve would refrain from cutting interest rates in the near future. The S&P 500 (GSPC) experienced a 1.5% drop, while the Dow Jones Industrial Average (DJI) saw a nearly 400-point decline, equivalent to 1.2%. Similarly, the tech-heavy Nasdaq Composite (IXIC) registered a

SpaceX Wins Its First Contract with United States Space Force

SpaceX will be sending customized satellites for Starshield. It will provide internet all around the world similar to Starlink. However, the main difference is that it will be used for military and government applications, and it help the United States maintain its influence and might around the world.

https://www.bloo

r/Stocks Daily Discussion Wednesday - Sep 27, 2023

These daily discussions run from Monday to Friday including during our themed posts.

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Cisco to buy Splunk in $28 billion dollar deal

Networking equipment giant Cisco Systems said Thursday it would acquire Splunk a cybersecurity and data analytics software company, for $157 a share in cash in a deal with an enterprise value of about $28 billion. “From threat detection and response to threat prediction and prevention, we will help make organizations of all sizes more secure and resilient.”

http

r/Stocks Daily Discussion & Fundamentals Friday Sep 22, 2023

This is the daily discussion, so anything stocks related is fine, but the theme for today is on fundamentals, but if fundamentals aren't your thing then just ignore the theme and/or post your arguments against fundamentals here and not in the current post.

Some h

Bank of Japan leaves rates unchanged, maintaining ultra-loose monetary policy

https://www.cnbc.com/2023/09/22/bank-of-japan-september-2023-interest-rates-meeting-monetary-policy.html

  • In a policy statement after its September meeting, the Bank of Japan said it would maintain short-term interest rates at -0.1%.
  • The BOJ also capped the 10-year Japanese government bond yield around zero, as widely expect

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