Category: stock
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Palantir Is Soaring Today and Heading to the S&P 500 — Time to Buy the AI Stock?
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Palantir (NYSE: PLTR) The stock made big gains again in Monday trading. The company’s stock price was up 11.7% as of 11:30 a.m. ET, according to data from S&P Global Market Intelligence. Palantir shares rise on news that the company’s shares will be added to Standard & Poor’s 500 Companies…
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PNC Financial stock rises after CEO comments on Q3 NII guidance (NYSE:PNC)
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sharrocks/iStock Not published via Getty Images PNC Financial Services Group (NYSE:PNC) Stock I got 3% In afternoon trading Monday, Chairman and Chief Executive William S. Demchak projected the bank would generate net interest income in the third quarter at the high end of the 1% to 2% growth target it…
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RoboMarkets Adjusts its European Business Model, Aiming to Lead in Stock Brokerage
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RoboMarkets Group has announced strategic changes to its European business model, which are scheduled to be implemented by the end of 2024. In a press release, the group said: “Given the European market conditions, we have decided to focus our European operations and expertise to primarily serve equity investors and…
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RoboMarkets Adjusts its European Business Model, Aiming to Lead in Stock Brokerage
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RoboMarkets Group has announced strategic changes to its European business model, which are scheduled to be implemented by the end of 2024. In a press release, the group said: “Given the European market conditions, we have decided to focus our European operations and expertise to primarily serve equity investors and…
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Nvidia’s $50 Billion Buyback Is Not a Reason to Buy the Stock Hand Over Fist. Here’s What I’m Concerned About.
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On August 28, Wall Street held its breath as the world’s most important artificial intelligence company reported second-quarter earnings. And I’m talking about Nvidia (NASDAQ: NVDA)Of course. While each member of the “The Great Seven“It is seen as an indicator of the direction of all things AI, and Nvidia has…
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SA Asks: Which defense stock is the best long-term investment? (NYSE:RTX)
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jetcityimage/iStock Editorial via Getty Images With geopolitical tensions showing no signs of abating in the near term, many investors are starting to rethink defense stocks. On Saturday, we asked our analysts: Which defense stock is the best short term investment right now? Question of the day He is: any Are…
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SA Asks: Which defense stock is the best short-term investment? (NYSE:RTX)
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JHVEphoto As armed conflicts in the Middle East and Ukraine continue to escalate, investors may be evaluating whether to move more money into defense stocks. Despite the escalating tensions, defense stocks have had a mixed performance this year, with several well-known names lagging the S&P. 500. Which brings us to…
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Up 12% in 2024, You May Want to Buy This Semiconductor Stock Before It Goes on a Bull Run
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Analog Devices (NASDAQ: ADI) Not as well known in the semiconductor industry as major players like Nvidia or Taiwan SemiconductorCompanies are benefiting from the rapid adoption of AI and reporting impressive growth. That explains why the chipmaker’s shares are up just 12% so far this year, lagging the impressive gains…
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4 Reasons to Buy Nvidia Stock Like There’s No Tomorrow
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Nvidia (NASDAQ: NVDA) General Electric stock has been among the best performing stocks over the past five years, rising a staggering 2,430%. Given these gains, the question many investors are now asking is whether it’s too late for new investors to buy in and see above-average returns. Let’s take a…
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Labour scraps plan for ‘British Isa’ aimed at boosting UK stock investment
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The Labour government is expected to abandon plans to create a “Britain Savings Account”, a scheme initially proposed by the previous Conservative administration to encourage investment in British shares. The move comes amid concerns that the initiative could complicate the individual savings account market rather than effectively support UK stocks.…
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ALTI stock touches 52-week low at $3.56 amid market challenges By Investing.com
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In a year marked by significant volatility, ALTI stock has hit a new 52-week low, falling to $3.56. This latest price level is in stark contrast to the more buoyant numbers seen in the past, highlighting the challenges the company has faced in the market. Over the past year, ALTI’s…
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BofA raises UiPath stock target on strong Q2 results By Investing.com
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BofA Securities has revised its outlook on UiPath Inc. (NYSE: NYSE:), raising its price target to $18.00 from $16.00 previously, while maintaining a Neutral rating on the stock. This adjustment comes after UiPath released its second-quarter financial results, which showed that revenue and annual recurring revenue (ARR) exceeded expectations. UiPath’s…
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Wall Street analysts increasingly bullish on Nio stock after a 50% YTD drop By Investing.com
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Investing.com – Despite NIO Inc (NYSE:) (HK:) seeing a sharp 50% decline since the beginning of the year, Wall Street analysts are increasingly optimistic about the company’s future prospects. Both Jefferies and Citi Research expressed confidence in Nio’s ability to recover, pointing to a series of upcoming catalysts that could…
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Proposals to tax unrealized capital gains would ‘kill the stock market,’ billionaire investor Mark Cuban says
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Brendan Smialowski/Getty Images Mark Cuban said taxing unrealized capital gains would “kill the stock market.” President Joe Biden has proposed imposing a tax on unrealized gains for people with more than $100 million. Kamala Harris is unlikely to support Biden’s plan, Cuban said. Billionaire investor Mark Cuban said any proposal…
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Stock Market’s $1.05 Trillion Wipeout Puts To Test Bitcoin Stability
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In a single day, the U.S. stock market lost $1.05 trillion. The drop represents one of the largest one-day declines in recent times, and reflects a combination of disappointing economic data and massive corporate conflicts. It is understandable that investors are concerned because this decline raises some disturbing questions about…
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Stock Market’s $1.05 Trillion Wipeout Puts To Test Bitcoin Stability
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In a single day, the U.S. stock market lost $1.05 trillion. The drop represents one of the largest one-day declines in recent times, and reflects a combination of disappointing economic data and massive corporate conflicts. It is understandable that investors are concerned because this decline raises some disturbing questions about…
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Occidental stock hits 52-week low at $55.04 amid market shifts By Investing.com
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Occidental Petroleum Corporation (NYSE:) shares touched a 52-week low, falling to $55.04, as investors navigate the complex energy market landscape. The drop represents a significant turnaround from the company’s performance over the past year, when Occidental’s stock saw a one-year change of -16.71%. The decline reflects broader industry trends and…
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Zscaler stock sinks 13% in afterhours trade on cautious profit outlook By Investing.com
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Zscaler (NASDAQ:) reported better-than-expected fourth-quarter results, but its shares fell 13% in after-hours trading on disappointing earnings guidance for the next fiscal year. The cloud security company reported adjusted earnings per share of $0.88, beating analysts’ estimates of $0.70. Revenue for the quarter was $592.9 million, up 30% year over…