Our PureVest Weekly Roundup looked at the latest GDP reading, which showed the economy growing much faster than forecasted; inflation continued to decline. Netflix stock jumped close to 15% post-earnings after they announced over 13 million new subscribers for the quarter. Visa beat earnings on Friday, yet another sign of a strong consumer. We added a good article covering ten simple lessons investors were reminded of in 2023. Intel stock sold off after they announced disappointing guidance. Enjoy the light reading, and have a great weekend.
Markets & Economy:
The U.S. economy grew at blistering 3.3% pace in Q4 while inflation pulled back
source:www.cnbc.com
Netflix gains more than 13 million subscribers in the fourth quarter
source:www.cnn.com
Fed’s favorite inflation gauge rose 0.2% in December and was up 2.9% from a year ago
source:www.cnbc.com
Visa Beats Earnings Estimate on Robust Consumer Spending
source:www.investopedia.com
Ten Lessons Investors Hopefully Learned In 2023
source:www.fa-mag.com
5 takeaways from the New Hampshire primary
source:www.npr.org
Intel stock sinks more than 10% as early 2024 outlook comes up short
source:www.cnbc.com