Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search


(17,971 posts)
Mon May 20, 2024, 04:47 PM May 20

STOCK MARKET WATCH: Tuesday, 21 May 2024

STOCK MARKET WATCH: Tuesday, 21 May 2024

Previous SMW:
SMW for 20 May 2024


Dow Jones 39,806.77 -196.82 (0.49%)
S&P 500 5,308.13 +4.86 (0.092%)
Nasdaq 16,794.88 +108.91 (0.65%)


Market Conditions During Trading Hours:

Google Finance

(click on links for latest updates)



(Awaiting new links)

Gold & Silver:

(Awaiting new links)




Quote for the Day:

Here's the stinker in the math: Twenty billion bucks to lease the jets is about four times what it would have cost the air force to buy them. Also, it will cost us taxpayers $3 billion more to convert the commercial planes to tankers. And in ten years the planes will have to be reconverted to commercial use (yet another $3 billion) and returned to Boeing. All in the name of fighting terrorists.

Jim Hightower. Thieves in High Places; They've Stolen Our Country and It's Time to Take It Back. Viking/Penguin. © 2003.

This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.

2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
STOCK MARKET WATCH: Tuesday, 21 May 2024 (Original Post) Tansy_Gold May 20 OP
Awww.... Hugin May 21 #1
As someone posted, I think on Xitter . . . . Tansy_Gold May 21 #2


(33,669 posts)
1. Awww....
Tue May 21, 2024, 10:05 AM
May 21

DJT has a sad.

“Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social platform, disclosed a net loss of $327.6 million in the first quarter of the year, with total revenue at $770,500, according to its earnings report, filed Monday with the Securities and Exchange Commission.”

From CNBC: https://www.cnbc.com/2024/05/20/trump-media-djt-q1-2024-earnings.html ( I have to hand it to them, CNBC’s passive/aggressive snark with the graphic of an upside down Trump is really a troll at an entirely new level. )

So, it’s first quarterly numbers are in and, well, I can’t think of any word or phrase to capture the spectacle. A capsizing turd no longer is adequate. A turd in an apple peeler? Nah, I will keep working on it.

So, a company makes $770,500.00 and simultaneously loses $327,600,000.00 and it remains listed. Oh, kay… Totally normal. Growing pains.


(17,971 posts)
2. As someone posted, I think on Xitter . . . .
Tue May 21, 2024, 12:17 PM
May 21

"My local McDonald's probably takes in more than $770,000 in a quarter."

There aren't enough

Latest Discussions»Issue Forums»Economy»STOCK MARKET WATCH: Tues...