Category: Shares
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Solana ‘In Serious Danger’ If $137 Support Breaks – Analyst Shares Targets
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This article is also available in Spanish. Solana is trading above the crucial support level at $137 after seeing a 17% retracement from local highs around $160. This recent decline has left analysts and investors nervous, waiting for confirmation of the next price direction. Just last week, sentiment was strongly…
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Texas Pacific Land executives buy shares worth over $11k By Investing.com
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In a recent move, executives at Texas Pacific Land Corp (NYSE:), a company known for trading oil royalties, have purchased additional shares in the company. The transactions, which occurred on October 3, 2024, involved the acquisition of shares of the Company at prices ranging from $935.00 to $935.33 per share.…
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Rivian Shares Drop After EV Maker Slashes Production Target
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(Bloomberg) — Shares of Rivian Automotive Inc. fell. After the automaker reduced its annual production target, citing a worsening supply crisis at its only assembly plant in the United States. Most read from Bloomberg The company now expects production to decline by up to 18% this year, due to ongoing…
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European shares rise as energy stocks shine on wider Middle East conflict By Reuters
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Written by Pranav Kashyap (Reuters) – European stocks rose on Friday, supported by energy shares in the region, after prices rose on concerns about a deeper conflict in the Middle East. The European index rose 0.2%. However, the index is on track to record its worst week since September 2,…
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Asia shares fall, oil set for weekly gains on Mideast risks By Reuters
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By Ray Wee SINGAPORE (Reuters) – Asian stocks fell on Friday while oil prices headed for their biggest weekly gain in more than a year, as rising tensions in the Middle East kept markets on edge ahead of the U.S. jobs report due later in the day. US President Joe…
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European shares defy global slump amid Mideast tensions, energy stocks jump By Reuters
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Written by Pranav Kashyap (Reuters) – European stocks rose on Wednesday, led by gains in energy and defense shares, defying declines in Asia and Wall Street after an Iranian missile attack on Israel exacerbated fears of a broader regional conflict. The European index rose 0.3 percent to 522.37 points. The…
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Nike withdraws annual revenue forecast, shares drop 6% By Reuters
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(Reuters) – Nike pulled its annual revenue forecast on Tuesday and missed quarterly revenue estimates as the sportswear giant battles weak demand for shoes amid intense competition from newer brands globally, sending its shares down 6% after hours. It had previously forecast a mid-range percentage decline in annual revenue. The…
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Hagerty director Kauffman sells shares worth nearly $148k By Investing.com
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Director of Hagerty, Inc. sold (NYSE:HGTY) Robert I. Kaufman sold a total of 14,253 shares of the company’s Class A common stock in a series of transactions, according to a recent filing with the Securities and Exchange Commission. The sales, which took place between September 26 and 30, amounted to…
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European shares skid, China stocks surge By Reuters
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Written by Neil McKenzie and Wayne Cole LONDON/SYDNEY (Reuters) – Global stocks fell on Monday as economic uncertainty fueled by conflicts in the Middle East overshadowed policy measures aimed at reviving markets, ahead of a busy week of data that could determine central banks’ next steps. Continued Israeli raids across…
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Citi shares its USD/JPY price forecast for 2025 By Investing.com
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Investing.com – Citi has updated its Q3 2020 outlook, providing insights into the pair’s medium- and long-term trajectory. The bank’s strategists assert that the recent decline in the yen’s value is largely driven by a backward-looking narrative linked to Japan’s digital account deficit. However, they point out that this narrative…
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Raspberry Pi shares surge after strong first update since flotation
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Raspberry Pi, the British maker of affordable microcomputers, reported stronger-than-expected profits in its first financial update since going public on the London Stock Exchange in June. The company, which raised £178.9m through its initial public offering and joined the FTSE 250 index, saw its sales rise 61% year-on-year to $144m…
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Nvidia supplier SK Hynix’s shares rally as mass production of latest HBM chips begins By Reuters
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Written by Joyce Lee and Hyunjoo Jin SEOUL (Reuters) – Shares of SK Hynix jumped more than 9 percent on Thursday after the South Korean company began mass production of its most advanced high-bandwidth memory chips, advancing in a race to meet demand from the artificial intelligence boom. Shares of…
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One Week Left Until ‘Uptober’: Analyst Shares How High The Bitcoin Price Can Go
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The fourth quarter (Q4) of each four-year cycle has historically always been rising For Bitcoin (BTC). With Uptober just a week away, one cryptocurrency analyst has shared his predictions for… What is the maximum price of Bitcoin? During this usually bullish season. Here’s How High Bitcoin Could Rise in October…
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Nvidia stock jumps on report CEO Jensen Huang is done selling shares after $713 million windfall
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Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/PI Nvidia shares closed up 4% on a report that CEO Jensen Hwang has finished selling shares. Hwang generated $713 million in total sales revenue. He remains the largest shareholder in Nvidia. Nvidia Shares rose 5% on Tuesday. Barron’s newspaper…
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Omni Retail Enterprises sells shares in Wilhelmina International worth over $114k By Investing.com
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In a recent move that caught the attention of the market, Omni Retail Enterprises, LLC, a major shareholder in Wilhelmina International, Inc. (NASDAQ:WHLM), sold a large number of shares of the company. The transactions, which took place on September 20 and September 24, involved the sale of shares at prices…
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Saba Capital Management buys BlackRock innovation & growth shares worth $892k By Investing.com
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Saba Capital Management, LP, a major shareholder in BlackRock (NYSE:) Innovation & Growth Term Trust (NYSE:BIGZ), recently increased its stake in the company by purchasing shares for an approximate value of $892,781. The transaction occurred on September 23, 2024, and involved the acquisition of 118,879 shares at a price of…
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Trump Media shares crash to record low even as new polls gives ex-president’s campaign a boost
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Donald Trump’s political fortunes are beginning to diverge from his financial fortunes. Shares of the former president’s social media company fell to an all-time low on Monday, even as the latest polls suggested he gain ground In a few key states in the Sun Belt of the country. Until recently,…
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China stimulus pushes global shares to new peak, boosts commodities By Reuters
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By Sruthi Shankar and Ankur Banerjee LONDON/SINGAPORE (Reuters) – Global stocks hit record highs on Tuesday after China unveiled stimulus measures to support its economy and equity markets, sending Asian and European shares higher and leading to a rebound in commodity prices. People’s Bank of China Governor Pan Gongsheng announced…
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China stimulus pushes global shares to new peak, boosts commodities By Reuters
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By Sruthi Shankar and Ankur Banerjee LONDON/SINGAPORE (Reuters) – Global stocks hit record highs on Tuesday after China unveiled stimulus measures to support its economy and equity markets, sending Asian and European shares higher and leading to a rebound in commodity prices. People’s Bank of China Governor Pan Gongsheng announced…