AMC Tanks To Record Low

Good Morning!

Let's start with AMC, the rollercoaster ride that had investors on the edge of their seats. After experiencing a heart-stopping 65% drop just a week ago, it took another nosedive, plummeting by 36.8%.

Get ready as we delve into the thrilling drama behind these wild market fluctuations.

When it comes to investing, playing the long game is crucial. Think of it as a thrilling two-decade journey in the stock market.

We're talking about companies that have the resilience and endurance to reach the finish line, like Costco and Airbnb.

These companies possess what it takes to thrive in the long run and generate substantial returns for investors.

When it comes to trading on Robinhood, you might be wondering about the costs involved.

But fret not! We have all the information and guidance you need to navigate smoothly through tax season.

Our tips and strategies will ensure that filing your taxes feels like a breeze, so you can focus on crossing that finish line with ease.

Renewed concerns about rate hikes have emerged. (6 minute read) 

The Federal Reserve is closely monitoring the inflation situation in the services sector with great concern.

The latest data from August has further heightened their attention and speculation suggests that they may adopt a more assertive stance at their upcoming policy meeting.

Get ready for a significant event coming up - the release of the August Consumer Price Index report. T

his report is the true game-changer that will reveal whether inflation is merely creating unnecessary commotion or if it's a persistent force that will disrupt their monetary policy strategies.

It's time to pay close attention and assess the impact it may have on their plans!

AMC stock plunges 37% to a record low after the company agrees to sell off 40 million shares. (2 minute read) 

AMC, the renowned movie theater giant, unfortunately experienced a significant decline recently. Its stock price plunged by an alarming 36.8%, reaching an unprecedented low of $8.62 per share. This unexpected turn of events sent shockwaves reverberating throughout Wall Street and left industry observers stunned. 

In a surprising move, they have even taken the step of filing paperwork with the SEC, indicating their intention to conduct an "at-the-market" sale of up to 40 million shares of class A common stock.

As if that wasn't enough excitement, let's not forget the heart-stopping 65% drop they experienced just a week ago.

How much does Robinhood tax? Let's dive into an in-depth overview. (10 Minute Read) 

Discover the insider knowledge on tax implications when trading on Robinhood with these invaluable tips and strategies.

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Two stocks to hold for the next 20 years. (5 minute read) 

When seeking stocks for long-term success, keep in mind that a company's ability to withstand fierce competition is paramount.

While short-term gains can be exciting like fireworks on Independence Day, it's crucial to ensure the company has enduring staying power. After all, if their flame burns out in the future, you'll be left disappointed with a lackluster investment.

Consider the retail giant Costco (COST) as an excellent example. They possess an exceptional ability to reduce costs to a Jedi-like level, making them the envy of their competitors and highly sought after in the industry. In a similar fashion, we have Airbnb (ABNB), who has swiftly gained popularity by rapidly spreading their brand like wildfire. 

You definitely want to have a company like that join your 20-year celebration. They are committed for the long term and they even come bearing snacks!

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