πŸ“ˆ AMC Tanks To Record Low

Plus: Find out how much Robinhood are taxing you.

Good Morning!

First up, AMC – remember that rollercoaster? It took a nosedive, plummeting 36.8% after that heart-pounding 65% drop just a week ago. We'll break down the drama.

In the investing universe, it's all about the long game. Think two decades of stock-market joyriding. We're talking about a company's staying power – and why Costco and Airbnb have what it takes to make it to the finish line.

And speaking of the finish line, are you curious about how much you'll owe when you trade on Robinhood? We've got you covered with tips and strategies that'll make tax season feel like a walk in the park.

Grab your Venti, half-caf, double-shot, extra-hot, no-foam, caramel macchiato with almond milk and let's get into it! β˜•οΈπŸ‘‡οΈ

Markets

Renewed Rate Hike Concerns Emerge (6 minute read)
The Fed's got its eyebrow raised at the whole inflation situation in the services world. It looks like the August data made them raise the other eyebrow too! Rumor has it they might get β€œhawkish" at their next policy meeting.

The real showstopper is next week's August Consumer Price Index report. That's when we'll finally find out if inflation is just a drama queen or if it's here to stay and mess with their monetary policy plans.

Investing

AMC Stock Tanks 37% to Record Low After Company Agrees to Dump 40M Shares (2 minute read)
AMC (AMC), the movie theater legend, took a bit of a nosedive, plummeting by 36.8% to an all-time low of $8.62 a share, sending shockwaves through Wall Street. They even filed some paperwork with the SEC, mentioning they're up for an "at-the-market" sale of up to 40 million shares of class A common stock. And if that wasn't enough drama, remember that gut-wrenching 65% plunge they took just a week ago?

How Much Does Robinhood Tax? An In-Depth Overview (10 Minute Read)
Find out how much you'll be taxed when trading on Robinhood with these helpful tips and strategies. Get the facts you need to make informed investing decisions today!

2 Stocks to Hold for the Next 20 Years (5 minute read)
When it comes to selecting stocks for a two-decade joyride, remember this: it's all about a company's staying power in the epic battle of competition. Sure, short-term gains might be like fireworks on the Fourth of July, but if that company's flame fizzles out down the road, you're left with a dud. Take Costco (COST), for example. They're like the Jedi of cost-cutting, and that's why they're the cool kids on the block, always in demand. Then there's Airbnb (ABNB), spreading their brand like wildfire. That's the kind of company you want to invite to your 20-year party – they're in it for the long haul, and they're bringing the snacks!

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