Category: Streets
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Wall Street’s diversity dilemma deepens as JPMorgan’s Dimon sounds off on ‘stupid’ DEI expenses
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Wall Street’s defense of her DEI initiatives suddenly became more complicated. Jimmy Damon, CEO of JPMorgan Chase, a long -standing diversity defender and the use of banking resources to help minority communities, told employees last week during a municipal hall that “he was never a strong believer in training” and…
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Wall Street’s Ethereum Shorts Explode: Should Investors Worry?
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This article is also available in Spanish. In a major shift, it seems that the hedge boxes intensify short positions in ETHEREUM at an unprecedented rate, which raised questions about whether the second cryptocurrency through the market value may face turbulent water – or if there is something else in…
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Hedge Funds Make MicroStrategy Wall Street’s Hottest Trade
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(Bloomberg) — To satiate his rampant, multibillion-dollar appetite for bitcoin, Michael Saylor tapped into demand from retail investors stunned by MicroStrategy Inc.’s rise. By more than 500% this year. It has also benefited from hedge funds that don’t care much where stocks trade. Most read from Bloomberg Eli Bars, co-head…
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Hedge Funds Make MicroStrategy Wall Street’s Hottest Trade
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(Bloomberg) — To satiate his rampant, multibillion-dollar appetite for bitcoin, Michael Saylor tapped into demand from retail investors stunned by MicroStrategy Inc.’s rise. By more than 500% this year. It has also benefited from hedge funds that don’t care much where stocks trade. Most read from Bloomberg Eli Bars, co-head…
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Lords report urges shift beyond retail to revitalise UK high streets
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A new House of Lords report calls for a reimagining of the UK’s high streets, emphasizing the need to go beyond traditional retail to include more restaurants, leisure activities and public services. The decline of high street retail dominance in the UK is becoming increasingly apparent, with more than 10,000…
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3 of Wall Street’s Most Influential Stocks Can Plunge if Kamala Harris Wins in November
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Four weeks from today, on November 5, voters will determine the direction our great country will take over the next four years. Although every bill that comes out of Washington, D.C., has no impact on the stock market, the economic proposals that the next president and ultimately Congress put forward…
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There’s a simple reason one of Wall Street’s most bullish strategists expects a 40% rise in the S&P 500 by 2030
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Getty Images; Jenny Zhang Rodriguez/PI Ed Yardeni predicts that the S&P 500 will reach 8,000 by 2030. Yardeni’s prediction is based on a simple analysis of historical growth rates. His bullish forecast is supported by a “Roaring 2020” scenario in which productivity grows. There’s a simple reason why one of…
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Wall Street’s 2 Newest Stock-Split Stocks Are Taking Center Stage This Week
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Despite artificial intelligence Stock splits have been the talk of Wall Street for most of the past two years, and the euphoria surrounding companies executing stock splits has been an equally important catalyst for the stock market in 2024. A stock split is a tool available to publicly traded companies…
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Nvidia Will Beat Wall Street’s Earnings Estimate by 10% or More on Wednesday
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AI Giant Nvidia (NASDAQ: NVDA) Saudi Telecom Company (SABIC) is scheduled to announce its results for the second quarter of fiscal year 2025 (ending July 28, 2024) on Wednesday, August 28, after market close. Nvidia’s upcoming earnings release is widely seen as the most anticipated of this quarterly earnings season,…
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Riots cause 4.8% decline in footfall on UK high streets as shoppers avoid areas amid looting fears
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Shopper numbers on UK high streets fell by 4.8% between Sunday and Wednesday, as recent riots across England and Belfast deterred shoppers, leading to widespread vandalism and looting. The fall, reported by property software company MRI Software, significantly outpaces the 2.7% fall seen across all UK retail destinations, including out-of-town…
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4 charts show why Wall Street’s most bullish strategist expects the stock market to triple by 2030
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Cindy Ord/Getty Images for Yahoo!; iStock; Rebecca Zisser/PA Fundstrat’s Tom Lee expects the S&P 500 to hit 15,000 by 2030. Demographic trends, millennial spending habits, and technological advancements will be key drivers. Here are four charts that illustrate why Lee is bullish on the stock market. Fundstrat CEO Tom Lee…
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Paul Singer Is Pitching Wall Street’s Own Brand of MAGA
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Breadcrumb Trail Links PMN Business Manhattan Institute raised nearly $200 million over the past decade to wage its war on “wokeness” Author of the article: Bloomberg News Simone Foxman, Emily Birnbaum and Jeff Green Published Jun 25, 2024 • 10 minute read You can save this article by registering for free…
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Wall Street’s in-depth look at Coinbase’s trajectory By Investing.com
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Updated financial article: Coinbase (NASDAQ:) Global, Inc. (Stock symbol: COIN) Coinbase International (ticker: COIN) is facing a mixed financial outlook as analysts offer different views on the company’s future. The cryptocurrency market continues to offer growth opportunities, although Coinbase’s path is fraught with regulatory and competitive challenges. Company overview Coinbase…