Category: stock
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Nikola’s Stock Is Slumping. Its Board Made a Grim Decision.
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Electric truck maker shares Nicola (Nasdaq: NKLA) Shares were trading sharply lower Thursday morning, after the company said in a regulatory filing that it would conduct a 1-for-30 reverse stock split next week. As of 10:30 a.m. ET, Nikola shares were down approximately 23.3% from Wednesday’s closing price. Electric truck…
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Stock indices shift. Dow higher. NASDAQ lower
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Money has shifted into the US stock market. Earlier, the Dow was low, the Nasdaq was high, and the S&P was in the middle. Currently, the Dow Jones Industrial Average is up, the S&P is almost unchanged and the Nasdaq has turned into negative territory. The Nasdaq closed higher for…
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London Reclaims Title as Europe’s Largest Stock Market
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The UK’s main stock market has regained its position as Europe’s most valuable market for the first time in nearly two years. The total value of companies listed on the London Stock Exchange (LSE) reached $3.18 trillion on Monday, surpassing the $3.13 trillion valuation of Paris-listed companies, according to Bloomberg…
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Bitcoin ETF launches on Australia’s main stock exchange for the first time By Reuters
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Written by Lewis Jackson SYDNEY (Reuters) – A bitcoin exchange-traded fund (ETF) launched on Australia’s main stock market for the first time on Thursday, as fund managers launched products to please investors returning to cryptocurrency markets after a price boom. The VanEck ETF with assets of about A$990,000 (US$660,429) has…
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McDonald’s Ditches AI Drive-Thru Voice Technology. What Could This Mean for SoundHound AI Stock?
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McDonald’s (NYSE: MCD) She recently announced that she would be stepping down Artificial Intelligence (AI)-Voice dialing technology supported by Universal business machines (NYSE: IBM). Instead, the fast food giant will look to replace the technology with an alternative solution by the end of the year. Let’s take a closer look…
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Is SoFi Technologies a Millionaire-Maker Stock?
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Sophie techniques (Nasdaq: SOFI) is a fintech startup aiming to change the way Americans manage their finances. It is leading efforts towards a seamless digital banking experience and has attracted millions of customers. But after SoFi stock soared in 2023, it’s falling this year. Is he in the deal zone…
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1 Wall Street Analyst Thinks Nvidia Stock Is Going to $160. Is It a Buy Around $130?
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One of the big debates among Wall Streeters lately has been about how far that limit should be Nvidia (Nasdaq: NVDA) Inventory can be run. A new report from an analyst leads the charge on how far the stock has risen. Susquehanna Senior Semiconductor Analyst Chris Rowland only He raised…
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Warren Buffett buys oil stock Occidental, signaling Berkshire Hathaway’s bigger strategy
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The Oracle of Omaha has its sights set on the oil industry. Berkshire Hathaway, the holding company run by investment titan Warren Buffett, has increased its stake in Houston-based Occidental Petroleum, purchasing shares over the past nine trading days to bring its holdings to nearly 29% of the company, according…
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If I Could Only Buy 1 Artificial Intelligence (AI) Stock, This Would Be It
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It’s almost impossible to choose just one artificial intelligence (AI) stock in your portfolio. There are a few companies dedicated entirely to AI, but many have their fingers in AI as well as other areas, so once you have a well-balanced portfolio, you’ll end up owning multiple AI stocks. But…
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This is when you should consider selling Nvidia stock By Investing.com
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Investing.com – Nvidia (NASDAQ:) stock continues to grow as the market surges to a series of all-time highs on the back of the Fed’s renewed pivot hopes in September after data released better-than-expected numbers. But amid Nvidia’s seemingly never-ending rise, investors who bought the stock early in the year face…
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3 Reasons to Buy Ulta Stock Like There’s No Tomorrow
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Investing is not always rational. It seems logical that you would want to buy a rising stock. This means that it is performing well and that there is reason to be confident in its future potential. Sometimes, that’s the way to go. But if the stock is already showing high…
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La-Z-Boy stock soars 10% on strong Q4 earnings report By Investing.com
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MONROE, MI – La-Z-Boy Incorporated (NYSE: NYSE:), a prominent player in the residential furniture market, reported a strong finish to its 2024 fiscal year, with fourth-quarter earnings and revenue exceeding analysts’ expectations. The company’s shares rose by 10% after this announcement. For the fourth quarter, La-Z-Boy reported adjusted earnings per…
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GameStop stock tanks 15% during shareholder meeting as few details on strategy emerge
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GameStop (GME) stock fell as much as 15% during the struggling video game retailer’s annual shareholder meeting on Monday as the company provided few details about its strategy moving forward. Chairman and CEO Ryan Cohen spoke briefly during the upcoming meeting, emphasizing the company’s focus on achieving profitability. “In terms…
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Australia’s Largest Stock Exchange Approves It’s First Bitcoin ETF
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Australia’s largest stock exchange, the Australian Securities Exchange (ASX), agreed to list its first bitcoin exchange-traded fund (ETF) on its platform on June 20. The issuer will be VanEck, and the instrument will be called VanEck Bitcoin ETF (VBTC). ). BREAKING: ?? Australia’s largest stock exchange, ASX, has accepted the…
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Apple stock lifted to Buy as AMD, Adobe get downgraded By Investing.com
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Investing.com – Here are the biggest artificial intelligence (AI) analyst moves this week. InvestingPro subscribers always get the first feedback from market-moving AI analysts. Upgrade today! “AI stands for Apple’s intelligence:” DA Davidson upgrades Apple to buy Analysts at wealth management firm DA Davidson upgraded Apple (NASDAQ:) shares from neutral…
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Where Will Amazon Stock Be in 3 Years?
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With its shares rising by 23% since the beginning of the year so far Amazon (Nasdaq: AMZN) It has finally rebounded from the post-pandemic recession. The recovery depends on streamlining the e-commerce business and focusing on exciting new growth engines such as artificial intelligence. Let’s explore how these dynamics may…
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What’s next for Tesla’s stock as shareholders and Wall Street pros weigh in
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Although Tesla ( TSLA ) shareholders voted to reinstate Elon Musk’s pay package Thursday afternoon, some investors and analysts told Yahoo Finance they remain skeptical. “It’s all a game of chance, and shareholders have backed out,” said Ibrahim Al-Husseini, one of Tesla’s early investors. “Fear of losing is a great…
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Unlocking Apple’s Stock Potential: Technical Signals to Watch
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Apple rose this week on the back of news of the company’s new AII (and its product announcement at the Worldwide Developers Conference). Basically, we hope that the new AI initiatives will spark a new round of product upgrades for its user base. This is something new versus what were…
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Floor & Decor CEO sells $4.27m in stock By Investing.com
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Floor & Decor Holdings, Inc. (NYSE:FND) CEO Thomas V. sold… Taylor shares shares in the company, according to a recent filing with the Securities and Exchange Commission. The transaction occurred on June 12, 2024, and included the sale of 34,199 shares of Class A common stock at a price of…
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Floor & Decor CEO sells $4.27m in stock By Investing.com
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Floor & Decor Holdings, Inc. (NYSE:FND) CEO Thomas V. sold… Taylor shares shares in the company, according to a recent filing with the Securities and Exchange Commission. The transaction occurred on June 12, 2024, and included the sale of 34,199 shares of Class A common stock at a price of…