On the December 12, 2023 episode of "Stock Gamblers," hosts George Howell and Chris Carbonara discussed various stock-related topics:- The podcast will be on holiday break until January 9, 2023.Recap:1. McDonald's announced the launch of a new chain called CosMc’s to compete with Starbucks and Dunkin' in the afternoon coffee market.2. Morgan Stanley's Michael Wilson expressed concerns about major U.S. companies' profit margins in 2024.3. Cigna announced a $10 billion stock buyback following the abandonment of its bid to purchase Humana.Stock News:4. Tang Tan, Apple's head of iPhone and Apple Watch design, is leaving the company.5. Occidental Petroleum is acquiring CrownRock, a West Texas oil producer, for nearly $11 billion.6. An investor group made a $5.8 billion offer to take Macy's private.7. The Bloomberg Subdial Watch Index showed a 10% year-over-year decline in luxury Swiss watch prices.8. Media mogul Shari Redstone is in talks to sell controlling interest in National Amusements to Skydance.9. GameStop announced a plan allowing its CEO to use company cash to buy stocks of other companies.10. Microsoft reached a tentative agreement with the Communications Workers of America on AI usage in contracts.Moron of the Week:SmileDirectClub announced it was winding down operations, impacting customers and its lifetime guarantee.Regulation Changes:The U.S. Treasury Department tightened regulations related to mortgage lending exemptions for some Community Development Financial Institutions (CDFIs).Stock Game:The stock game ended, with the next challenge starting on January 9th.Listener Questions:The hosts provided information about Xtract One's recent activities, partnerships, and growth.Patreon:If you find value in our content, please support our show at patreon.com/stockgamblers.Expert Picks:- Motley Fool discussed Nvidia's impressive earnings but highlighted potential challenges.- Barron’s talked about Broadcom's strong performance and HCA Healthcare's potential.- The hosts made their own picks, with Carbo selecting Roblox and Wendy's, while George recommended XPO Logistics.Closing:Subscribe to our show so you don't miss out on the latest stock market insights and entertaining segments. Tune in to Stock Gamblers and keep gambling!Write us at: [email protected] the show at patreon.com/stockgamblersVisit our site at stockgamblers.net Hosted on Acast. See acast.com/privacy for more information.

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