Category: stock
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Tesla stock turns positive for 2024 amid $200 billion rally
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Tesla Inc. shares fell sharply on Friday after the world’s most valuable automaker erased its losses since the start of the year following a seven-day rally. Shares of the electric-car maker surged more than 30% in its latest winning streak, adding more than $200 billion to its market value. Earlier…
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Why these analysts see a broadening in potential stock market gains in H2 By Investing.com
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The potential upside for the S&P 500 is expected to widen in the second half of 2024 after gains were supported by a handful of AI-related companies in the first six months of the year, according to analysts at Wells Fargo. The company’s profits rose 14.5% year-to-date in the first…
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Better Artificial Intelligence Stock: Nvidia vs. SoundHound
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both of them SoundHound (NASDAQ: SON) And Nvidia (NASDAQ: NVDA) Two companies are directly benefiting from AI. One is making the chips needed to make the future of AI possible. The other has developed its own AI platform that can power everything from cars to drive-thru windows. if you want…
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Eliem Therapeutics EVP sells $338,000 in stock By Investing.com
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Valerie Morissette, Executive Vice President of Research and Development and Chief Scientific Officer of Eliem Therapeutics, Inc. (NASDAQ:ELYM), sold a significant number of shares of the company. On July 3, 2024, Morissette disposed of 50,000 shares of common stock at an average price of $6.76, resulting in a total net…
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Tesla stock pops 6%, extends rally as ‘Mojo back for Musk’ after latest delivery data
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Tesla shares extended gains on Wednesday, rising more than 6% after jumping 10% on Tuesday, as Wall Street focused on the electric carmaker’s better-than-expected quarterly vehicle delivery results. Tesla’s stock is now up more than 70% since its low in late April. Tesla announced this week that it has produced…
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Stock Market News Today: Markets notch new all-time high after economic data (SP500)
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The Standard & Poor’s 500 index of U.S. stocks on Wall Street on Wednesday hit an all-time daily high, after fresh economic data supported a scenario in which the Federal Reserve will be able to start easing monetary policy. Traders will see a cut session. Ahead of the Independence Day…
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Southern Co. maintains stock target, Sector Outperform on new CTES system By Investing.com
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On Tuesday, Scotiabank reiterated its outperform rating on Southern Company (NYSE: ), with a $77.00 price target on the stock. The confirmation comes after a meeting with the company’s Advanced Power Systems R&D team, which unveiled a new concrete thermal energy storage (CTES) system at Alabama Power’s Gaston plant. The…
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Pure Storage stock down as UBS downgrades to Sell due to unjustified valuation By Investing.com
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Shares of Pure Storage (NYSE:) fell more than 5% before the market open on Tuesday after UBS analysts downgraded the stock from neutral to sell. The move comes as UBS sees an unfavorable risk-reward profile for the flash storage solutions provider due to slowing growth, declining market share, high valuation,…
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Nvidia Is a Top AI Stock, but Don’t Ignore These 4 Red Flags
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Nvidia‘s (NASDAQ: NVDA) The company’s shares have risen more than 600% over the past two years, much of it driven by the growth of the AI market, which has boosted its sales of graphics processing units for data centers to handle complex AI tasks. The growing market demand for data…
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Is Chipotle a No-Brainer Buy Right After Its 50-for-1 Stock Split? The Answer Might Surprise You.
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The time has finally come. On June 16, shares rose Chipotle Mexican Grill (NYSE: CMG) Closely watched and historically 50 to 1 stock splitThe former four-figure stock price is currently around $65. Management felt this was the right proposal, given the good performance of the restaurant company’s stock. They are…
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Why Nvidia stock is now in treacherous waters: Morning Brief
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This is the summary of today’s morning brief, which you can subscription To be delivered to your inbox every morning with: The weight of high expectations is often a heavy burden to carry. In life, if you are a top performer at work, you are expected to perform at your…
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Is Bank of America Stock a Buy?
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Since late October of last year, American bank (NYSE: PAC) The index was on a tear, surging 58% after the Federal Reserve signaled a pause in its rate hikes. The stock has rallied significantly as investors price in the pause and potential rate cuts later this year and next, which…
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1 Ridiculously Cheap Stock to Buy Hand Over Fist Right Now That Was Just Added to the S&P 500
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Once a quarter, Standard & Poor’s 500 The index is subject to rebalancing. Basically, this is a list of requirements that companies must meet in order to be… Qualify and maintain their status as a member of the S&P 500 IndexQuarterly rebalancing ensures that new companies enter the index while…
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Nvidia stock buybacks could come from $270 billion ‘cash gusher’
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AI chip leader Nvidia will face an embarrassment of riches in the coming years, and shareholders will be rewarded, a technology analyst has predicted. Ben Raitzes, Managing Director and Head of Technology Research at Melius Research, He told CNBC on Wednesday Jensen Huang’s Nvidia has mastered the “full stack” approach…
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If You’d Invested $1,000 in Starbucks Stock 20 Years Ago, Here’s How Much You’d Have Today
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Twenty years ago Starbucks (NASDAQ: SBUX) He succeeded in building a chain of uniformly familiar cafes. However, the prospect of becoming one of the most prolific food and beverage companies on the planet seemed remote at the time. And now we know that this is exactly what was expected. The…
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Stock market today: Positive momentum in Healthcare, Tech sees a mixed bag
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Stock heatmap from FinViz.com Fri, 28 Jun 2024 13:46:13 GMT Overview of today’s market dynamics The US stock market showed a mixed performance across sectors, with notable gains in healthcare driven by UnitedHealth (UNH) and mixed sentiment in the technology sector. Below is an in-depth look at the sectors, highlighting…
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DJT stock jumps then nosedives after first presidential debate between Trump and Biden
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Trump Media and Technology Group (DJT) stock rose early Friday before erasing gains and falling by double digits after former President Donald Trump faced off against current Commander-in-Chief Joe Biden in the first presidential debate of 2024. Shares of Trump’s social media parent company, Truth Social, fell about 12% in…
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Why AT&T (NYSE:T) Is a Top Dividend Stock Worth Watching
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AT&T telecommunications company (New York:T) has historically attracted investors with its mature business model featuring low volatility and high dividend yields backed by strong cash flows. Despite lacking strong growth prospects, the company consistently pays a consistent dividend with relatively low risk. Recent turbulent years have contradicted these strengths, but…
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Bitcoin Miner CleanSpark (CLSK) Buys Out GRIID In $155 Million Stock Transaction
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CleanSpark (CLSK) — one of the largest publicly traded Bitcoin mining companies — announced Thursday that it has acquired one of its smaller rivals, GRIID Infrastructure, in an all-stock deal. The $155 million deal immediately brings 20 megawatts of additional power to CleanSpark to boost its mining operations, and another…
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Bitcoin Miner CleanSpark (CLSK) Buys Out GRIID In $155 Million Stock Transaction
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CleanSpark (CLSK) — one of the largest publicly traded Bitcoin mining companies — announced Thursday that it has acquired one of its smaller rivals, GRIID Infrastructure, in an all-stock deal. The $155 million deal immediately brings 20 megawatts of additional power to CleanSpark to boost its mining operations, and another…