Category: stock
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3 cheap areas of the stock market to buy as the Fed unveils a ‘rare double whammy’ of stimulus, BofA says
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Ismagilov/Getty, Yellow Duck/Getty, Tyler Low/PI Bank of America said investors should snap up value stocks in three specific sectors. The company says it is poised to outperform as the Federal Reserve cuts interest rates while corporate profits continue to accelerate. Savita Subramanian, head of US equity strategy, refers to the…
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What’s Going On With Stellantis Stock Monday?
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What happens with Stellantis stock on Monday? Stellantis Nevada (NYSE:STLA) stock fell on Monday after revising its price Financial guidance for 2024 To reflect its remedial actions to North American performance issues and deterioration in global industry dynamics. Automotive competitors, incl General Motors Company (NYSE: General Motors) and Ford Motor…
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Apple’s iPhone 16 Could Become a Runaway Hit, and Here Is 1 Stock to Buy Hand Over Fist Before That Happens
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Initial reports indicate that apple‘s (Nasdaq: Apple) The latest batch of smartphones has seen weaker demand than last year’s models which has weighed on the stock recently. But it looks like these reports may not hold much water after all, as the company’s iPhone 16 lineup seems to be receiving…
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Why Nvidia stock could soar over 500% by the end of the decade, former consulting exec says
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NVDA shares could reach $800 by 2030, predicts Philip Panaro, former CEO of BCG.Chelsea Jia Feng/PI Phil Panaro predicted that Nvidia could reach another 545% by the end of the decade. The former BCG CEO said the company will rise due to the AI revolution and the move to Web3.…
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Armada Hoffler completes stock offering, board members buy in By Investing.com
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Armada Hoffler Properties, Inc. announced (NYSE:), a real estate investment trust, today announced the completion of its public offering, which included purchases by several members of its board of directors. The company on Wednesday entered into an underwriting agreement with Jefferies LLC and BofA Securities, Inc. and Barclays Capital Inc.…
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Bluejay Diagnostics stock hits 52-week low at $0.13 By Investing.com
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In a challenging year for Bluejay Diagnostics Inc., the company’s stock fell to a 52-week low, trading at just $0.13. This significant decline reflects a stunning one-year change, with the stock eroding in value by -99.62%. Investors have watched with concern as Bluejay Diagnostics, a company once buoyed by optimism…
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MicroStrategy’s Bitcoin Bet Pays Off In Multiple Ways As Stock Surges 317%
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This article is also available in Spanish. MicroStrategy was caught in the limelight when it began openly buying Bitcoin in 2020. While it is not the only publicly listed company to do so, the company’s aggressive Bitcoin strategy sets it apart from the rest. Four years later, MicroStrategy is now…
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MicroStrategy’s Bitcoin Bet Pays Off In Multiple Ways As Stock Surges 317%
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This article is also available in Spanish. MicroStrategy was caught in the limelight when it began openly buying Bitcoin in 2020. While it is not the only publicly listed company to do so, the company’s aggressive Bitcoin strategy sets it apart from the rest. Four years later, MicroStrategy is now…
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US Stock Futures Post Modest Gains After PCE Data: Markets Wrap
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(Bloomberg) — U.S. futures rose slightly after long-awaited economic data highlighted a slowing economy and boosted bets on further interest rate cuts by the Federal Reserve. Most read from Bloomberg Contracts on the S&P 500 rose 0.1% after the underlying index reached its 42nd highest closing level this year. The…
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Trump Media co-founders just dumped almost all of their stock
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Two of the original founders of Donald Trump’s Truth Social platform have divested their shares amid an ongoing dispute with the former president. According to regulatory disclosure published By Trump Media & Technology Group (TMTG) On Thursday, an investment vehicle controlled by Andrew Letinsky and Wesley Moss liquidated the bulk…
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InfuSystem director Kenneth Eichenbaum buys $23,560 in company stock By Investing.com
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InfuSystem Holdings, Inc. (NYSE:INFU) CEO Kenneth D. Eichenbaum recently made a notable investment in the company’s stock. On September 23, Eichenbaum bought 4,000 shares of InfuSystem common stock, investing a total of $23,560 at an average price of $5.89 per share. The deal was made public and represents a vote…
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Smartsheet stock sees target raised by RBC Capital, acquisition by Blackstone and Vista valued at $8.4B By Investing.com
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On Wednesday, RBC Capital revised its price target to Smart Sheet Company (NYSE: NYSE: ) stock, raising it to $56.50 from a previous target of $51.00. The firm maintained a sector perform rating on the stock. The revision comes on the heels of Smartsheet’s announcement that it has entered into…
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Why This Stock Could Be the Nvidia of Healthcare
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Over the past two years, artificial intelligence has emerged as the next global trend. So far, no progress has been made in this area. Generative Artificial Intelligence Most of them have centered around the technology industry. In particular, semiconductor specialist Nvidia Microsoft is seen as the engine that drives the…
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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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Laid-off Foot Locker employee made $100,000 after shorting stock, SEC says
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Financial Regulatory Bodies Charged NEW YORK — A 56-year-old New York man was charged with insider trading Tuesday, alleging the CEO knew in advance that Foot Locker’s disappointing results would Profits That could trigger a selloff in shares. In all, authorities said the executive made about $113,000 — and now…
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Liberty Media exec Wendling sells over $738k in company stock By Investing.com
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Liberty Media Corp (NASDAQ:FWONK) announced recent stock transactions involving Brian J. Wendling, the company’s chief accounting officer and chief financial officer. Wendling sold a significant amount of the company’s stock, totaling more than $738,000. The transactions on September 20, 2024 involved the sale of two different classes of Liberty Media…
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Liberty Media exec Wendling sells over $738k in company stock By Investing.com
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Liberty Media Corp (NASDAQ:FWONK) announced recent stock transactions involving Brian J. Wendling, the company’s chief accounting officer and chief financial officer. Wendling sold a significant amount of the company’s stock, totaling more than $738,000. The transactions on September 20, 2024 involved the sale of two different classes of Liberty Media…
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DJT stock plummets to new lows after lockup period expires
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Shares of Trump Media and Technology Group (DJT) fell more than 6% on Monday, trading at their lowest level since the social media company went public in March. The moves come after a lockup period on the sale of Trump Media and Technology officially expired last week. Stakeholders, including former…
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DJT stock plummets to new lows after lockup period expires
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Shares of Trump Media and Technology Group (DJT) fell more than 6% on Monday, trading at their lowest level since the social media company went public in March. The moves come after a lockup period on the sale of Trump Media and Technology officially expired last week. Stakeholders, including former…