The Friday, November 10th update was performed by Evan Prince ‘25, Jacob Freeman ‘24, and Luke Breitenecker ‘27. The S&P 500 performance over 2023 was charted, transitioning into a discussion about the November market rally and rate pause. An index performance and consumer spending overview concluded the market update.
Healthcare Analyst Grace Boghosian ‘25 and Vladimir Necula ‘27 discussed the club’s healthcare holdings. The presentation reviewed the past month’s earnings as well as the advantages and risks within the sector. The sector update concluded with a future outlook addressing regulations and a return to spending growth to stimulate a recovery within healthcare.
PR Chair Paraskevi Briegel ‘26 and Energy Analyst Evan O’Connell ‘24 performed a selling pitch for Baidu. Baidu is a Chinese multinational technology company that provides internet-related services, products, and artificial intelligence (AI). The club’s goal of consolidation and reaching the target portfolio were driving factors of the pitch, as well as current risk exposures overseas. The club elected to sell all 60 shares of Baidu for approximately $6,400.