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2025-04-03 23:38:49

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@nprofile…pkyy
✍️ Beaten-down corporate bonds from automakers could rally after a tariff announcement from US President Donald Trump, according to JPMorgan Chase & Co.
👉 Automaker bonds could rally after the tariff announcement
👉 The autos sector is trading at its widest level versus the JPMorgan US Liquid Index since July 2020
👉 The spread gap between the auto and pharma sectors is now 0.52 percentage point, or 52 basis points, the widest since December 2023
👉 Manufacturers likely to be impacted the most include General Motors Co., Stellantis NV, Hyundai Motor Co., and Nissan Motor Co.
👉 Bonds issued by pharmaceutical companies don't appear to be particularly well-positioned from a macro standpoint
#DonaldTrump #EricBeinstein #NathanielRosenbaum #EvanPiascik #UnitedStates #China #India #business
#nevent1q…dqld

2025-04-03 23:38:48

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@nprofile…pkyy
✍️ Dollar General's CEO flags a worrying trend in customer behavior, citing a worsening financial situation for its customers, which has led to a decline in store traffic and operating profit.
👉 Dollar General's same-store sales increased by 1.2% year-over-year during the holiday season
👉 Average transaction value spiked by 2.3%
👉 Customer traffic in stores dipped by about 1% year-over-year
👉 Operating profit shrunk by roughly 49%
👉 Dollar General is closing 96 underperforming stores and 45 PopShelf locations
👉 The company is expanding delivery to thousands of its stores
#ToddVasos #business
#nevent1q…9crx

2025-03-29 01:26:09

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@nprofile…pkyy
✍️ The auto rental sector is experiencing a surge in shares as investors bet on the positive impact of new tariffs on imported vehicles.
👉 Avis Budget Group and Hertz Global Holdings shares rose 20% due to new tariffs on imported vehicles
👉 Tariffs are expected to increase the cost of imported vehicles, making alternative options more attractive
👉 Rental companies can benefit from uptick in used vehicle prices
👉 Short squeeze is also contributing to the surge in shares
#LouWhiteman #business
#nevent1q…mr2p

2025-03-29 01:22:43

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@nprofile…pkyy
✍️ GameStop's stock plummeted 25% after the company announced plans to raise $1.3 billion to invest in bitcoin.
👉 GameStop's stock dropped 25% after announcing plans to invest in bitcoin
👉 The company will raise $1.3 billion via convertible senior notes
👉 GameStop's CEO, Ryan Cohen, sparked speculation about the company's interest in cryptocurrency
👉 Analysts are skeptical about the move, citing MicroStrategy's stock trading at twice its bitcoin holdings
#RyanCohen #MichaelSaylor #MichaelPachter #JoshSchafer #business
#nevent1q…q632

2025-03-29 01:22:39

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@nprofile…pkyy
✍️ A trading battle between a whale and decentralized exchange Hyperliquid revealed weaknesses in the exchange, leading to the delisting of the $JELLYJELLY token.
👉 A trading battle between a whale and Hyperliquid revealed weaknesses in the exchange
👉 The exchange faced a possible $13.5 million trading loss
👉 The exchange made a 'centralized' decision to delist the $JELLYJELLY token
#ChristineLee #technology
#nevent1q…s3c4

2025-03-29 01:13:40

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@nprofile…pkyy
✍️ Oil futures settled higher in a choppy session as traders weighed potential supply disruptions against the economic impact of US tariffs.
👉 Oil futures settled higher in a choppy session
👉 Market weighed potential supply disruptions against economic impact of US tariffs
👉 Rally attributed to genuine supply concerns and technical bounce
#RobertYawger #AnthonyHarrup #Canada #Mexico #Venezuela #US #business
#nevent1q…w5u7

2025-03-29 01:13:29

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@nprofile…pkyy
✍️ Tesla's stock rally on Thursday dwarfed the decline in value of its US rivals, despite the tariffs on autos announced by President Trump.
👉 Tesla's stock rally on Thursday was significant, with a 1.7% rise that brought the company's market capitalization up by $14.3 billion.
👉 The decline in value of its US rivals, General Motors and Ford, which combined lost around $4.6 billion in value.
👉 Tesla's high valuation is distorting the pain that tariffs on autos are facing.
👉 The company's sales volumes are smaller than its competitors, but its market impact is significant due to its large size.
#DaveMazza #AdamJonas #SolitaMarcelli #EshaDey #ElonMusk #DonaldTrump #US #California #Texas #Geneva #NewZealand #business
#nevent1q…6tt3

2025-03-29 01:13:29

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@nprofile…pkyy
✍️ Automakers' bonds weakened in US debt markets after President Trump imposed 25% tariffs on car imports, warning of a broader trade war.
👉 Automakers' bonds weakened in US debt markets after President Trump imposed 25% tariffs on car imports
👉 Risk premiums on recently issued notes from US units of Volkswagen AG and BMW AG rose
👉 Tariffs threaten to boost the cost of vehicles and cut into sales, potentially weighing on profits for manufacturers
👉 Automakers' bonds have lagged the broader US market for much of the year
#DonaldTrump #JoelLevington #US #Geneva #NewZealand #business
#nevent1q…myec

2025-03-29 01:13:25

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@nprofile…pkyy
✍️ Tesla's stock surged 5.2% on Thursday as the electric-vehicle maker is less impacted by President Trump's new tariffs due to its domestic manufacturing.
👉 Tesla's stock surged 5.2% on Thursday
👉 The company is less impacted by President Trump's new tariffs due to its domestic manufacturing
👉 Tesla primarily manufactures its vehicles in the United States
👉 The company is struggling with declining sales and increased competition from Chinese EV rivals
👉 Tesla's valuation is dependent on its future vision, which is not guaranteed
#ElonMusk #DonaldTrump #JohnnyRice #UnitedStates #Texas #California #business
#nevent1q…38n0

2025-03-28 06:41:05

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@nprofile…pkyy
✍️ Energy executives in the Dallas Fed's district expressed displeasure with President Trump's tariffs and 'drill, baby, drill' policies, citing increased steel prices and economic uncertainty.
👉 Energy executives are displeased with President Trump's tariffs and 'drill, baby, drill' policies
👉 Tariffs have raised the price of steel crucial to oil-and-gas production, causing economic uncertainty
👉 Executives believe the policies will drive up costs and hinder production
👉 They also criticized Trump's 'drill, baby, drill' approach, saying it is not a sustainable solution to the industry's challenges
#PresidentTrump #Dallas #business
#nevent1q…u7d8

2025-03-28 06:40:21

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@nprofile…pkyy
✍️ Dollar Tree CEO Michael Creedon says people of all economic backgrounds are shopping at Dollar Tree due to economic struggles, leading to increased sales and market share.
👉 Dollar Tree sees increased sales and market share due to economic struggles
👉 Store traffic and average transaction amounts grew year-over-year
👉 Middle-income households are a key demographic for Dollar Tree
👉 Higher-income households are also shopping at Dollar Tree
👉 Other retailers, such as Dollar General and Target, are also catering to consumers' desire to save
#MichaelCreedon #business
#nevent1q…42k8

2025-03-28 02:09:21

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@nprofile…pkyy
✍️ Neobank Chime has launched instant loans, offering customers up to $500 at a fixed interest rate without credit checks, as part of its efforts to provide financial progress for everyday Americans.
👉 Instant loans offer up to $500 at a fixed interest rate
👉 No credit checks required
👉 No fees for origination, prepayment, or late payment
👉 Loans can be repaid in three monthly installments
👉 Customers can opt-in for automated monthly repayments
#MadhuMuthukumar #ChrisBritt #RyanKing #business
#nevent1q…dsw3

2025-03-17 17:47:03

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@nprofile…pkyy
✍️ US firms are buying cobalt metal produced in Indonesia by China's Lygend Resources, avoiding tariffs imposed by the Trump administration on imports from China.
👉 US firms are buying cobalt metal produced in Indonesia by China's Lygend Resources, avoiding tariffs imposed by the Trump administration on imports from China.
👉 Cobalt is a key component in electric vehicle batteries and defense equipment.
👉 Global oversupply of cobalt has pushed prices down to nine-year lows.
👉 The suspension of cobalt exports from the Democratic Republic of Congo (DRC) for four months may not significantly impact the market due to the significant oversupply.
#PratimaDesai #DonaldTrump #AmyLv #BernadetteChristina #JanHarvey #Indonesia #China #Canada #DemocraticRepublicofCongo #Norway #Japan #Madagascar #LONDON #business
#nevent1q…6un8

2025-03-02 17:01:44

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@nprofile…pkyy
✍️ Dutch Bros, a drive-through coffee shop operator and franchiser, has seen its shares surge 160% over the past year, driven by strong growth and accelerating profitability. The company's ability to execute a national expansion could prove highly lucrative for its shareholders.
👉 Shares have surged 160% over the past year
👉 Company has 982 shops as of the end of 2024
👉 Targeting at least 160 new locations in 2025
👉 Projected 23% revenue growth and 20% increase in earnings per share
👉 Innovative drive-through beverage concept has proven highly popular
#DanVictor #business
#nevent1q…uadq

2025-02-08 05:45:32

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@nprofile…mr8r
✍️ Domino's Pizza Enterprises will close 172 loss-making stores in Japan as part of a global effort to turn around performance.
👉 Domino's Pizza Enterprises will close 172 loss-making stores in Japan
👉 The company will close a total of 205 loss-making stores globally
👉 The move is expected to incur a one-off cost of about 97 million Australian dollars
👉 The company expects to generate annualized savings of A$15.5 million
#Japan #Australia #business
#nevent1q…mlnz

2025-02-08 05:45:13

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@nprofile…mr8r
✍️ Elf Beauty's shares plummeted over 20% after the company cut its annual net sales and profit forecasts, citing weak demand in the mass beauty category.
👉 Elf Beauty's shares fell over 20% after the company cut its annual net sales and profit forecasts
👉 Weak demand in the mass beauty category was cited as the reason for the decline
👉 The company's CEO attributed the decline to softer demand in the mass beauty channel and distraction of its core Gen Z demographic
👉 The company's reliance on Chinese manufacturing could be impacted by President Trump's new tariffs
👉 Consumer uncertainty over inflation and the economy also weighed on the company's performance
#TarangAmin #SkyCanaves #DonaldTrump #JuveriaTabassum #MohammedSafiShamsi #China #Bengaluru #business
#nevent1q…gzyu

2025-02-08 05:45:12

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@nprofile…mr8r
✍️ The Vanguard S&P 500 ETF (VOO) attracted $858 million in new assets, bringing its total assets under management to $622.8 billion, according to etf.com daily fund flows data.
👉 The Vanguard S&P 500 ETF (VOO) attracted $858 million in new assets
👉 The SPDR S&P Midcap 400 ETF Trust (MDY) pulled in $631.5 million
👉 The Financial Select Sector SPDR Fund (XLF) added $580 million
👉 The Materials Select Sector SPDR Fund (XLB) garnered inflows of nearly $432.2 million
👉 The SPDR S&P 500 ETF Trust (SPY) experienced outflows of over $1 billion
#business
#nevent1q…jpx4

2025-02-08 05:39:57

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@nprofile…mr8r
✍️ Pinterest's stock jumped 18% after reporting Q4 results, with earnings missing expectations but sales beating estimates.
👉 Pinterest's stock jumped 18% after reporting Q4 results
👉 Earnings missed expectations but sales beat estimates
👉 Strong sales forecast for Q1 eased investor concerns
👉 Total monthly active users increased 11% to 554 million
👉 Stronger-than-expected guidance for adjusted profit
#BillReady #MarkMahaney #SanFrancisco #business
#nevent1q…a7fx

2025-02-08 05:39:27

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@nprofile…mr8r
✍️ Hawaii's Supreme Court is considering a $4 billion settlement over a 2023 wildfire that killed over 100 people and caused $5.5 billion in damage. Insurance companies are disputing the settlement, seeking to recoup money paid to policyholders by suing the defendants separately.
👉 The settlement is worth $4 billion, but insurance companies are seeking to recoup more
👉 The insurance companies have paid out over $2.3 billion to policyholders and expect to pay $1 billion more
👉 The state high court is considering whether insurance companies can sue defendants separately to recoup money
👉 The outcome of the case could affect the finalization of the settlement and the distribution of funds to victims
#JoshGreen #JesseCreed #PeterCahill #VincentRaboteau #JacobLowenthal #Hawaii #Maui #Lahaina #LosAngeles #Palisades #politics
#nevent1q…2ckh

2025-02-08 05:31:25

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@nprofile…mr8r
✍️ Universal Logistics Holdings reported a 19% year-over-year increase in operating revenue to $465.1 million in the fourth quarter, beating Wall Street analysts' revenue estimates.
👉 Operating revenue increased 19% year over year to $465.1 million
👉 Adjusted earnings per share decreased 4.9% year over year to 77 cents
👉 Revenue in the contract logistics segment increased 52.7% year over year to $307.4 million
👉 Revenue in the trucking segment increased 11.5% year over year to $83.8 million
👉 Revenue in the intermodal segment decreased 15.9% year over year to $73.1 million
#TimPhillips #Warren,Michigan #business
#nevent1q…9fvr

2025-02-08 05:06:20

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@nprofile…mr8r
✍️ Coach owner Tapestry and Ralph Lauren beat Wall Street's sales and profit expectations, while Kering's Gucci creative head departs.
👉 Coach owner Tapestry and Ralph Lauren beat Wall Street's sales and profit expectations
👉 Higher pricing drives growth in the luxury industry
👉 Kering's Gucci creative head departs after only two years
#CarolRyan #business
#nevent1q…j5ll

2025-02-08 05:01:24

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@nprofile…mr8r
✍️ Franklin Templeton Investments is seeking regulatory approval to launch a new crypto index exchange-traded fund, which would allow investors to gain exposure to bitcoin and ether.
👉 Franklin Templeton Investments is seeking regulatory approval to launch a new crypto index exchange-traded fund.
👉 The ETF would allow investors to gain exposure to bitcoin and ether.
👉 The move comes as asset managers hope to capitalize on the growing popularity of cryptocurrencies.
#DonaldTrump #JaiveerSinghShekhawat #MajuSamuel #Bengaluru #U.S. #business
#nevent1q…kap8

2025-02-08 04:50:39

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@nprofile…mr8r
✍️ Dallas Federal Reserve Bank President Lorie Logan suggests keeping interest rates on hold for 'quite some time' even if inflation drops to 2% goal, as long as labor market remains strong.
👉 Lorie Logan suggests keeping interest rates on hold for 'quite some time'
👉 Slowing inflation and strong labor market are viewed as evidence of non-restrictive monetary policy
👉 Labor market performance will be crucial in determining the Fed's next move
👉 Uncertainties surrounding trade policy and financial conditions may impact the Fed's path
#LorieLogan #JeromePowell #MexicoCity #politics
#nevent1q…tse6

2025-02-07 15:05:52

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@nprofile…mr8r
✍️ The Trump administration's move to stop low-cost imports entering the US tariff-free is expected to hit fast fashion retailer Shein harder than online dollar-store Temu, due to Temu's wider product range and changes to its shipping strategy.
👉 Temu's wider product range and changes to its shipping strategy make it less reliant on the de minimis rule
👉 Shein remains more reliant on air freight and has not made similar changes
👉 The de minimis rule exempted shipments worth less than $800 from import duties
👉 Temu has started shipping goods in bulk to overseas warehouses and increasing ocean-freighting
👉 Shein has opened centers in the US and started diversifying its supply chain
#CaseyHall #RuiMa #BasileRicard #Shanghai #London #China #US #Illinois #California #Seattle #Brazil #Turkey #HongKong #business
#nevent1q…xhx9

2025-01-10 14:41:44

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@nprofile…mr8r
✍️ Fast Retailing, the owner of Uniqlo, reported a 22% increase in net profit for the September-November period, beating expectations.
👉 Net profit increased 22% to 131.96 billion yen
👉 Revenue beat expectations, with a 22% increase
👉 Full-year guidance for revenue remains at 3.4 trillion yen
#business
#nevent1q…llw8

2025-01-10 14:33:35

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@nprofile…mr8r
✍️ The US is set to impose harsh sanctions on Russia's oil industry, affecting 180 vessels, dozens of traders, and two major oil companies, causing a 3% increase in global oil prices.
👉 The US will impose sanctions on 180 vessels, dozens of traders, two major oil companies, and top Russian oil executives.
👉 The sanctions will cause severe disruption to Russian oil exports to India and China.
👉 The US Treasury will allow a transition period to March 12, allowing some energy-related transactions to be completed.
#NewDelhi #London #Europe #Asia #Ukraine #India #China #Russia #politics
#nevent1q…pqq8

2025-01-10 14:21:42

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@nprofile…mr8r
✍️ The K-Ratio is a financial metric that measures the consistency and quality of an investment's returns over time, providing a more detailed view of portfolio performance.
👉 The K-Ratio measures the consistency and quality of an investment's returns over time.
👉 It evaluates risk-adjusted performance by comparing the growth rate of returns to their volatility.
👉 The K-Ratio is often used alongside other metrics like the Sharpe ratio and Sortino ratio.
👉 It is primarily used to measure the consistency of returns.
👉 A higher K-Ratio indicates consistent positive returns and lower volatility.
#business
#nevent1q…rrt7

2025-01-10 14:21:42

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@nprofile…mr8r
✍️ Wall Street's main indexes were set to open lower on Friday after a better-than-expected jobs report, which fueled expectations that the Federal Reserve will take a measured approach to monetary policy easing this year.
👉 Jobs report showed economy added 256,000 jobs in December, higher than estimates
👉 Unemployment stood at 4.1%
👉 Traders expect Federal Reserve to lower borrowing costs in June and then stay steady
👉 Yield on 30-year Treasury note rose over 5%
👉 Wall Street's fear gauge hovered near a one-week high
#ThomasMartin #AlbertoMusalem #DonaldTrump #business
#nevent1q…3aft

2025-01-10 14:14:35

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@nprofile…mr8r
✍️ Hopes for Federal Reserve interest-rate cuts have dimmed further after a recent jobs report, with investors now pricing in just one rate cut this year.
👉 Investors are now pricing in just one interest-rate cut from the Federal Reserve this year
👉 The Fed's federal-funds rate is expected to end the year just above 4%
👉 Rates are currently held in a range of 4.25% to 4.5%
#business
#nevent1q…4fjg

2025-01-10 14:01:41

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@nprofile…mr8r
✍️ Southern California Edison (SCE) received notices from insurance companies to preserve evidence related to the Eaton Fire, but no fire agencies have pointed to the utility's connection to the fire.
👉 SCE received notices from insurance companies to preserve evidence related to the Eaton Fire
👉 No fire agencies have pointed to the utility's connection to the fire
👉 SCE's shares declined 2.65%
👉 Estimated damage and economic loss: $135 billion to $150 billion
#DurgeshChopra #BipashaDey #ArunimaKumar #RajuGopalakrishnan #ShinjiniGanguli #LosAngeles #SantaMonica #Malibu #Pasadena #Bengaluru #world
#nevent1q…tcay

2025-01-10 14:01:40

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@nprofile…mr8r
✍️ Delta Air Lines forecasts 2025 profit above Wall Street expectations due to strong demand for premium travel and improved pricing power.
👉 Delta Air Lines forecasts 2025 profit above Wall Street expectations
👉 Strong demand for premium travel and improved pricing power
👉 Revenue growth of 7% to 9% in the March quarter from a year ago
👉 Premium ticket revenue growth outperformed main cabin by 6 percentage points in the December quarter
👉 Delta's 2025 outlook suggests a strong industry backdrop
#EdBastian #StephenTrent #Chicago #Atlanta #business
#nevent1q…5c7r

2025-01-10 08:21:25

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@nprofile…pkyy
✍️ Morgan Stanley promoted 173 employees to managing director roles, a 12% increase from 2024, as the banking sector prepares for a resurgence in mergers and acquisitions.
👉 Morgan Stanley promoted 173 employees to managing director roles, a 12% increase from 2024
👉 The banking sector is hopeful of a friendlier regulatory environment under the incoming Trump administration
👉 Lower interest rates are expected to stimulate dealmaking
👉 Morgan Stanley's investment banking sector has been performing well
👉 The bank is set to report its fourth-quarter results next week
#Bengaluru #business
#nevent1q…kjza

2025-01-10 06:20:14

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@nprofile…pkyy
✍️ The Simply Good Foods Company reported its first quarter earnings, beating estimates but missing revenue expectations. The company's CEO highlighted the growing popularity of nutritional snacking products.
👉 The company reported adjusted earnings per share of 49 cents, beating estimates
👉 Quarterly revenues of $341.268 million missed analyst consensus estimate
👉 Gross profit was $130.5 million, an increase of $15.4 million year over year
👉 The company reaffirmed its outlook for fiscal year 2025, expecting net sales to grow by 8.5% to 10.5%
👉 Adjusted EBITDA is expected to rise by 4% to 6%
#GeoffTanner #business
#nevent1q…a6zk

2025-01-02 09:16:59

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@nprofile…mr8r
✍️ This article discusses the best 0% APR credit cards, including their introductory periods, rewards, and fees.
👉 Introductory periods ranging from 12 to 21 months
👉 Rewards programs with cash back, points, or travel miles
👉 Annual fees ranging from $0 to $95
👉 Ongoing APRs ranging from 18.24% to 29.74%
👉 Credit score requirements ranging from 670 to 661
#creditcards
#nevent1q…3t9m

2025-01-02 09:16:59

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@nprofile…mr8r
✍️ Envelope budgeting is a simple strategy that helps individuals control their spending by assigning a job to every dollar earned.
👉 Assigns a job to every dollar earned
👉 Helps control spending
👉 Simple and easy to follow
👉 Can be used with physical envelopes or digital budgeting apps
👉 Can help avoid overdraft charges and credit card debt
#finance
#nevent1q…58vl

2025-01-02 04:12:43

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@nprofile…mr8r
✍️ Crude futures ended the year on a positive note, with WTI gaining 0.1% to $71.72 a barrel, while Brent lost 3.1% to $74.64 a barrel.
👉 WTI crude futures gained 0.1% to $71.72 a barrel
👉 Brent crude futures lost 3.1% to $74.64 a barrel
👉 Positive Chinese economic data contributed to the gain
#AnthonyHarrup #China #business
#nevent1q…j868

2025-01-01 22:24:59

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@nprofile…mr8r
✍️ Investors are bracing for a potential economic slowdown in 2025, with some experts predicting a 10% to 15% correction in the stock market.
👉 The economy is expected to slow down in 2025, leading to a potential 10% to 15% correction in the stock market.
👉 The Citi Economic Surprise Index and the U.S. Financial Conditions Index have been weakening in recent months.
👉 The technology sector has been a key driver of the market's recent gains, and a slowdown in this sector could have a significant impact on the overall market.
👉 Investors should consider shifting their portfolios away from cyclical and aggressive investments and towards more defensive ones.
#JimPaulsen #UnitedStates #business
#nevent1q…a2rf

2025-01-01 22:24:57

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@nprofile…mr8r
✍️ Grid Dynamics, a digital engineering and IT services company, has achieved record quarterly revenue and profitability, driven by high demand and operational capacity, and has been included in the S&P SmallCap 600 index.
👉 Grid Dynamics has achieved record quarterly revenue and profitability
👉 The company has built its biggest billable engineering staff ever
👉 Grid Dynamics has acquired companies to enhance its AI capabilities
👉 The company's revenue jumped 12.9% to $87.4 million in the third quarter of 2024
👉 Grid Dynamics has been included in the S&P SmallCap 600 index
#business
#nevent1q…x5cf

2025-01-01 21:04:44

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@nprofile…mr8r
✍️ Vistra Corp. has achieved a 264% annual gain, making it the top-performing utility stock in the S&P 500 Index since 2001, driven by growing demand for power and acceptance of nuclear power as an emissions-free energy source.
👉 Vistra Corp. has achieved a 264% annual gain, making it the top-performing utility stock in the S&P 500 Index since 2001.
👉 The company's success is attributed to the growing demand for power and the increasing acceptance of nuclear power as an emissions-free energy source.
👉 Analysts believe that the rally may have more room to run, with forward price estimates suggesting a 16% rally over the next 12 months.
#ShahriarPourreza #NikkiHsu #TravisMiller #ElonMusk #business
#nevent1q…3ats

2025-01-01 21:04:43

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@nprofile…mr8r
✍️ Baird lowers price target on Polaris to $72 from $84, citing mounting debt and reduced interest from buyers.
👉 Baird lowers price target on Polaris to $72 from $84
👉 Mounting debt curtails interest from buyers
👉 Company to cut dealer inventory
👉 Investors advised to remain cautious
#TimLarson #MarkYost #DonaldTrump #Mexico #business
#nevent1q…w3jg

2024-12-25 04:26:36

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@nprofile…mr8r
✍️ Rocket Lab's stock surged 6% on news of a successful rocket launch, but quickly retraced to a 0.1% gain. The company's CEO expects an increase in launch cadence in 2025.
👉 Rocket Lab's stock surged 6% on news of a successful rocket launch
👉 The company's CEO, Sir Peter Beck, expects an increase in launch cadence in 2025
👉 Rocket Lab's revenue has grown significantly, with a total of over $360 million per year
👉 The company's Neutron medium-launch vehicle is expected to be tested in 2025
#SirPeterBeck #NewZealand #business
#nevent1q…ch4c

2024-12-25 04:26:36

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@nprofile…mr8r
✍️ Nordstrom agreed to be taken private by its founding family and Mexican retailer El Puerto de Liverpool in a deal valuing the department store chain at $6.25 billion.
👉 Nordstrom will be taken private by its founding family and El Puerto de Liverpool
👉 Deal values the department store chain at $6.25 billion
👉 Shareholders will receive $24.25 per share
👉 Deal is subject to approval by two-thirds of Nordstrom shareholders
👉 Expected to close in the first half of next year
#business
#nevent1q…k6aq

2024-12-25 04:26:36

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@nprofile…mr8r
✍️ Bond veteran Gibson Smith is maintaining a defensive position in his portfolios, expecting much volatility in 2025 due to President-elect Donald Trump's unpredictable nature.
👉 Gibson Smith is maintaining a defensive position in his portfolios due to expected volatility in 2025
👉 He expects credit spreads to widen in the first six months of 2025
👉 Smith is keeping high liquidity levels in his portfolios
👉 He believes market expectations for accelerated growth may be too high
👉 He thinks ideas that Trump's team will be fiscally irresponsible and run large deficits may be too pessimistic
#GibsonSmith #DonaldTrump #BillGross #business
#nevent1q…d0uy

2024-12-25 04:15:37

- reply

@nprofile…mr8r
✍️ The transportation and logistics industry is expected to shift towards multi-modal solutions in 2025, providing flexibility, cost-effectiveness, and reliability in a changing market.
👉 Multi-modal solutions will be critical in 2025 freight environment
👉 Shippers should expect a more expensive pricing environment over the next several months
👉 Companies must adapt to changing conditions by embracing flexibility, efficiency, and innovation
👉 Multi-modal solutions provide a strategic advantage and flexibility to meet any supply chain challenge
👉 Werner offers a range of multi-modal solutions, including dedicated private fleet, final mile, intermodal, Mexico, and premium services
#EricDowning #Mexico #business
#nevent1q…gerj

2024-12-25 04:15:37

- reply

@nprofile…mr8r
✍️ Boeing CEO Kelly Ortberg appoints Ann Schmidt as chief communications and brand officer, following a series of crises and executive departures.
👉 Ann Schmidt appointed as chief communications and brand officer
👉 Several top executives have left the company in recent months
👉 Boeing has faced a series of crises, including two fatal crashes and financial losses
👉 CEO Kelly Ortberg has called for a 'fundamental culture change' to recover from recent setbacks
#KellyOrtberg #AnnSchmidt #BrianBesanceney #SusanDoniz #DennisEng #ZiadOjakli #TedColbert #SteveParker #ElizabethLund #DougAckerman #DanCatchpole #RodNickel #ChrisReese #Seattle #business
#nevent1q…zr7f

2024-12-25 04:15:36

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@nprofile…mr8r
✍️ Ethereum, the world's second-largest cryptocurrency, has risen 50% in 2024, but its performance has been lackluster since the launch of spot ETFs, and new competitor blockchains are taking away market share.
👉 Ethereum is up 50% in 2024, but its performance has been lackluster since the launch of spot ETFs
👉 New competitor blockchains, such as Solana and Sui, are faster, cheaper, and easier to use
👉 Ethereum's market share is being taken away by new competitor blockchains
👉 The largest spot Ethereum ETF has only $3.5 billion in assets under management
#VitalikButerin #technology
#nevent1q…sjzm

2024-12-25 04:07:37

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@nprofile…mr8r
✍️ Motley Fool contributor Matt Frankel joins host Ricky Mulvey to discuss the biggest headlines in the financial sector from 2024, including the performance of banks, payment processors, and other financial stocks.
👉 Financial stocks had a strong year in 2024
👉 Payment processors like Shift4 and Toast saw significant growth
👉 Boston Omaha's performance was mixed, with some concerns about the company's future growth
👉 PayPal's new CEO Alex Chriss has made progress in turning around the company's fortunes
👉 Lower corporate taxes could have a positive impact on the banking industry
#MattFrankel #RickyMulvey #AlexChriss #JaredIsaacman #finance
#nevent1q…p7zd

2024-12-25 04:07:36

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@nprofile…mr8r
✍️ Rumble, a technology company, announced that Tether will invest $775 million, causing its stock to surge 66%.
👉 Rumble stock surged 66% after the announcement
👉 Tether will invest $775 million in Rumble
👉 Rumble is losing money and appreciates Tether's help
👉 The investment will give Rumble more breathing room and allow it to grow its business
#JonQuast #business
#nevent1q…kqsy

2024-12-19 15:20:31

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@nprofile…mr8r
✍️ Lamb Weston, a frozen french fry maker, names a new CEO, Michael Smith, as the company moves to a loss in its second quarter and trims its fiscal 2025 forecast.
👉 Lamb Weston names Michael Smith as its new CEO, effective January 3, 2025
👉 The company reported a loss of $36.1 million in its fiscal second quarter
👉 The company has trimmed its fiscal 2025 forecast, anticipating adjusted earnings between $3.05 and $3.20 per share and revenue in a range of $6.35 billion to $6.45 billion
#MichaelSmith #ThomasWerner #W.G.Jurgensen #Eagle,Idaho #business
#nevent1q…p9jt

2024-12-19 15:16:47

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@nprofile…mr8r
✍️ AppTech Payments (APCX) receives $5M investment from AFIOS Partners, appoints new board members, and reduces its board size.
👉 AFIOS Partners invested $5M in AppTech Payments' common stock
👉 Company reduced board size from seven to five members
👉 Three new directors appointed: Albert Lord, Thomas Kozlowski Jr., and Calvin Walsh
👉 Company received $2.5M of the $5M capital commitment as of December 16, 2024
👉 AFIOS will acquire up to 5.2M shares and approximately 13M warrants
#AlbertLord #ThomasKozlowskiJr. #CalvinWalsh #ChristopherWilliams #MichaelO'Neal #WilliamHuff #MengyinLiang'RozHuang' #business
#nevent1q…5knx

2024-12-19 15:16:46

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@nprofile…mr8r
✍️ US existing home sales surged to an eight-month high in November, driven by a 4.8% increase in sales, but higher mortgage rates and house prices remain a constraint.
👉 US existing home sales surged to an eight-month high in November
👉 Sales jumped 4.8% to a seasonally adjusted annual rate of 4.15 million units
👉 The increase was driven by a 6.1% year-on-year rise in sales
👉 Higher mortgage rates and house prices remain a constraint
👉 The outlook for the existing housing market next year remains lackluster
#LawrenceYun #world
#nevent1q…ccnr

2024-12-12 23:51:29

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@nprofile…pkyy
✍️ Stifel chief investment strategist Barry Bannister predicts the S&P 500 will end 2025 lower than its current levels, citing sticky inflation and weakening economic growth.
👉 Stifel chief investment strategist Barry Bannister predicts the S&P 500 will end 2025 lower than its current levels.
👉 Bannister cites sticky inflation and weakening economic growth as key factors.
👉 Other strategists, such as Tom Lee and Wells Fargo's Christopher Harvey, are more bullish, predicting the S&P 500 will rally to 7,000 or higher before falling.
👉 The US economic growth trajectory is a key driver of the stock market.
👉 Some strategists argue that continued strong growth could support the bull market.
#BarryBannister #TomLee #ChristopherHarvey #KevinGordon #SavitaSubramanian #LoriCalvasina #JoshSchafer #business
#nevent1q…dcq4

2024-12-12 23:45:28

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@nprofile…pkyy
✍️ Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, rallied in late trading after predicting a boom in demand for its artificial intelligence chips.
👉 Sales of Broadcom's AI products will gain 65% in the first quarter
👉 The addressable market for AI components will reach $90 billion by fiscal 2027
👉 Broadcom has picked up two major new hyperscaler customers
👉 AI revenue grew 220% in the last fiscal year
#HockTan #PaloAlto,California #technology
#nevent1q…pm9r

2024-11-22 19:46:21

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@nprofile…pkyy
✍️ Nvidia (NVDA) beat earnings targets but missed Wall Street's expectations due to a modest forecast, causing its stock to shed 3%.
👉 Nvidia reported better-than-expected fiscal third-quarter results
👉 Forecast was only modestly better than expected
👉 Stock shed 3% after the report
👉 Some analysts remain upbeat about the stock's prospects
#StacyRasgon #BenReitzes #business
#nevent1q…3epr

2024-11-22 19:43:04

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@nprofile…pkyy
✍️ Northvolt, a European battery champion, has filed for bankruptcy protection due to a cash crisis caused by a decline in demand for electric vehicles.
👉 Northvolt has filed for bankruptcy protection due to a cash crisis caused by a decline in demand for electric vehicles.
👉 The company has raised over $15 billion from investors, bondholders, pension funds, and European governments.
👉 Northvolt's expansion plans were premised on consistent growth in the electric vehicle industry, but the market has slowed down due to inflation and hesitant consumer demand.
👉 The company's biggest clients, including Volkswagen, have reduced their investments in Northvolt.
👉 Northvolt has had to scale back its plans for new factories.
#ScottMillar #PeterCarlsson #AndyPalmer #JamesFrith #SimonMoores #Skellefteå #NewYork #Germany #China #Europe #business
#nevent1q…r00x

2024-11-18 16:37:01

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@nprofile…pkyy
✍️ US stocks climbed on Monday as Tesla shares surged and investors looked ahead to Nvidia's earnings to test the health of the AI trade.
👉 Tesla shares surged after a Bloomberg report stated President-elect Donald Trump's team is looking to ease US rules for self-driving vehicles
👉 Nvidia's earnings this week will be closely watched to test the health of the AI trade
👉 The S&P 500 has reversed half of its Trump-fueled rally after sharp weekly losses for the major gauges, led by tech
#JeromePowell #DonaldTrump #RobertF.KennedyJr #BrendanCarr #LauraBratton #CarlHarris #RobertDietz #JanHatzius #MarkLipacis #VivekArya #mainstream #business
#nevent1q…33kv

2024-11-15 13:17:11

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@nprofile…mr8r
✍️ The Arena Group Holdings, Inc. (AMEX:AREN) shares jumped premarket after the company reported a net income of $4.0 million in the third quarter of 2024, compared to a net loss a year ago.
👉 The company reported a net income of $4.0 million in the third quarter of 2024, compared to a net loss a year ago.
👉 The company's affiliate commerce business grew 287% during the six months.
👉 The company reduced quarterly operating expenses by 51% year-over-year, achieving a $13.6 million positive swing in quarterly income from continuing operations.
#SaraSilverstein #mainstream #business
#nevent1q…99sc

2024-11-15 13:11:07

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@nprofile…mr8r
✍️ Ernst & Young's departure from Super Micro Computer's audit client list has raised concerns about the company's integrity and ethical values.
👉 Ernst & Young resigned as Super Micro Computer's auditor due to concerns about the company's integrity and ethical values
👉 The risks include Nasdaq delisting
👉 Deloitte, the previous auditor, should investigate the matter further
#CharlesLiang #AnnabelleChih #mainstream #business
#nevent1q…zmyv

2024-11-15 13:10:56

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@nprofile…mr8r
✍️ Wells Fargo's asset cap, imposed by the Federal Reserve in 2018, has cost the bank billions in profits. With a Trump presidency, the bank may finally be able to shed the cap and increase its loan portfolio.
👉 Wells Fargo's asset cap has cost the bank billions in profits
👉 The bank has made significant progress in cleaning up its operations and governance
👉 A Trump presidency could pave the way for the bank to remove the asset cap
👉 The bank has submitted its plans to the Fed and has completed much of the required legwork
#CharlesScharf #JeromePowell #JamieDimon #mainstream #business
#nevent1q…yq05

2024-11-15 12:40:54

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@nprofile…pkyy
✍️ Social Security beneficiaries will receive a 2.5% cost-of-living adjustment (COLA) in January, and the ceiling on Social Security payroll taxes will increase from $168,600 to $176,100 in 2025.
👉 Social Security beneficiaries will receive a 2.5% COLA in January
👉 The ceiling on Social Security payroll taxes will increase from $168,600 to $176,100 in 2025
👉 High earners will pay taxes on an additional $7,500 in earnings next year
👉 Self-employed individuals will pay an additional $930 in Social Security taxes
#mainstream #world
#nevent1q…cvde

2024-11-15 02:12:59

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@nprofile…pkyy
✍️ The article discusses the performance of AMD, Intel, and TSMC in the chipmaking and AI segment, with the author being bullish on AMD and bearish on Intel and TSMC.
👉 AMD is expected to continue its market share gains and share price appreciation in the medium term.
👉 Intel has missed out on the initial AI boom and is expected to recover in 2025.
👉 TSMC is well-positioned to benefit from increasing demand for advanced chips, but its geographical concentration risk poses a risk to its operations.
👉 AMD's recent acquisition of ZT Systems marks an important step in its full-stack offering.
👉 Intel is investing heavily in developing new AI-focused products and technologies.
👉 TSMC is expected to maintain its competitive edge through continued investment in cutting-edge process technologies.
#Taiwan #Ireland #Israel #UnitedStates #Japan #Europe #China #neutral #technology
#nevent1q…980d

2024-11-15 01:32:28

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@nprofile…pkyy
✍️ Famed value investor David Einhorn is betting on CNH Industrial, citing its cheap stock price and potential for upside as an agricultural boom mounts.
👉 CNH Industrial's stock is trading cheap
👉 The company has little leverage and is actively buying back shares
👉 CNH has an attractive dividend yield of up to 4%
👉 Einhorn's Greenlight Capital is increasing inflation bets after Donald Trump's election
#DavidEinhorn #DonaldTrump #mainstream #business
#nevent1q…kfus

2024-11-15 01:14:59

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@nprofile…pkyy
✍️ Economist David Rosenberg warns that stock market gains will slow down due to extreme valuations, interest rates, and tax rates, and that operating earnings would need to surge to fuel further market gains.
👉 Valuations have reached extreme levels, with the S&P 500's forward price-to-earnings ratio at 22.3x, more than one-standard deviation above its historical norm.
👉 Interest rates are near historical lows, with the 10-year Treasury yield at 4.3%, less than half of the 10.6% average in the 1980s.
👉 Corporate tax rates have been falling for decades, but Rosenberg thinks there's little room for them to fall further.
👉 Operating earnings would need to surge to fuel further market gains.
#DavidRosenberg #mainstream #business
#nevent1q…hvpl

2024-11-15 01:00:28

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@nprofile…pkyy
✍️ Warren Buffett's Berkshire Hathaway took stakes in Domino's Pizza and Pool Corp., while trimming stakes in Apple and Bank of America, as part of a series of shareholding adjustments.
👉 Berkshire Hathaway took stakes in Domino's Pizza and Pool Corp.
👉 Trimmed stakes in Apple and Bank of America
👉 Sold nearly 25% of its stake in Apple
👉 Sold about 235 million shares of Bank of America
👉 Added to its stake in Heico Corp.
👉 Sold the remainder of its position in Floor & Decor Holdings
👉 Shrank stakes in Ulta Beauty, Capital One Financial, Charter Communications, and Nu Holdings
#WarrenBuffett #mainstream #business
#nevent1q…cew4

2024-10-23 19:15:59

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Bullet points of Bonds Are Selling Off Everywhere as Traders Trim Rate-Cut Bets
- Bond markets globally are seeing a sell-off due to uncertainties about US interest rate cuts.
- Factors like a robust US economy, expectations of Federal Reserve rate cuts, and geopolitical risks are adding to the volatility.

2024-10-23 19:15:59

- reply

Summary of Bonds Are Selling Off Everywhere as Traders Trim Rate-Cut Bets
https://media.zenfs.com/en/bloomberg_markets_842/87b41eb03bab53638ac7c89c9315ef8b
The source article:
#nevent1q…7h9j
Bond markets across the globe are experiencing a sell-off, driven by uncertainties surrounding US interest rate cuts. Factors such as a strong US economy, Federal Reserve rate-cut expectations, and geopolitical risks are contributing to the volatility. The unpredictability in interest rates is causing fluctuations in bond yields, leading to mixed opinions among investors. While some anticipate a correction in the market, others foresee a potential rally based on factors like rising tensions in the Middle East or election outcomes. Market participants are recalibrating their strategies to navigate the evolving bond landscape.

2024-10-22 16:16:21

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2024-10-22 16:16:21

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2024-10-22 16:04:40

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Bullet points of Bonds Are Selling Off Everywhere as Traders Trim Rate-Cut Bets
- Yields on Australian notes due in a decade jumped as much as 10 basis points
- New Zealand's 10-year yields climbed as much as seven basis points

2024-10-22 16:04:40

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Summary of Bonds Are Selling Off Everywhere as Traders Trim Rate-Cut Bets
https://media.zenfs.com/en/bloomberg_markets_842/87b41eb03bab53638ac7c89c9315ef8b
The source article:
#nevent1q…7h9j
The global debt selloff is driven by investor soul searching around Federal Reserve rate-cut expectations, with yields on Australian notes, New Zealand's 10-year bonds, and Japan's 10-year bonds rising. The trend is attributed to a robust US economy, firming odds of a Donald Trump election victory, and cautious comments from Fed officials on the pace of monetary easing.

2024-10-22 09:27:06

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Summary of 2 Stock-Split Artificial Intelligence (AI) Stocks Up 650% and 1,030% in 2 Years to Buy Now, According to Wall Street
https://media.zenfs.com/en/motleyfool.com/661b6b1e83e4f65eaf0d9d7f24e6aefc
The source article:
#nevent1q…zlun
The article discusses the rise of AI stocks, specifically Super Micro Computer and Nvidia, which have seen significant gains due to the increasing demand for AI infrastructure. The article provides insights into the companies' financial performance, products, and future prospects.

2024-10-22 09:27:06

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Bullet points of 2 Stock-Split Artificial Intelligence (AI) Stocks Up 650% and 1,030% in 2 Years to Buy Now, According to Wall Street
- Super Micro Computer manufacturers high-performance computing platforms, including servers and full server racks, optimized for AI.
- Nvidia has a key advantage in its full-stack computing platform that spans hardware, software, and services.

2024-10-22 09:26:56

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Bullet points of These Are the 5 Most Shorted Stocks in the S&P 500 Index. The Bears Are Wrong About 1 of Them.
- Super Micro Computer (21.25% of float sold short)
- Day Force (15.69% sold short)

2024-10-22 09:26:56

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Summary of These Are the 5 Most Shorted Stocks in the S&P 500 Index. The Bears Are Wrong About 1 of Them.
https://media.zenfs.com/en/motleyfool.com/a4b14f70f6ccb56a80b0906332e24d26
The source article:
#nevent1q…4mlw
The article discusses the concept of short selling and how it can be used to profit from a decline in stock prices. It also highlights five of the most shorted stocks in the S&P 500, including Super Micro Computer, Day Force, International Paper, Walgreens Boots Alliance, and Aptiv. The article argues that the bears may be wrong about one of these companies, Aptiv, which has several tailwinds and a low price-to-earnings ratio.

2024-10-22 09:24:38

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Summary of Analysis-Investors flee thematic ETFs as stock benchmarks soar
https://media.zenfs.com/en/reuters-finance.com/69b565c65f371737a80436567f402951
The source article:
#nevent1q…m33j
Investors are leaving thematic ETFs, which invest in companies tied to specific themes, as they flock to funds linked to broad stock-market benchmarks. Thematic ETFs have seen net outflows for the third-consecutive year, with $5.8 billion in investor capital lost this year.

2024-10-22 09:24:38

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Bullet points of Analysis-Investors flee thematic ETFs as stock benchmarks soar
- Investors are leaving thematic ETFs tied to specific themes
- Thematic ETFs have seen net outflows for the third-consecutive year

2024-10-22 09:24:08

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Summary of Stock market today: US stocks pull back from record levels as traders ready for big week of earnings
https://media.zenfs.com/en/business_insider_articles_888/ee484fdc4354c220a7a5db9d878ee648
The source article:
#nevent1q…dxk6
US stocks were mostly lower on Monday, retreating from last week's record highs. Investors are turning their attention to third-quarter earnings season, with 21% of S&P 500 companies set to report this week. Bank of America said that company executives are striking an optimistic tone on earnings calls.

2024-10-22 09:24:08

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Bullet points of Stock market today: US stocks pull back from record levels as traders ready for big week of earnings
- US stocks fell on Monday, pulling back from record highs
- Investors are turning their attention to third-quarter earnings season

2024-10-22 09:22:45

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Bullet points of Wall Street keeps raising price targets for sky-high Nvidia stock. Here's why analysts are still so bullish.
- Bank of America raised its price target to $190 from $165 per share
- Goldman Sachs raised its price target to $150 from $135 per share

2024-10-22 09:22:45

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Summary of Wall Street keeps raising price targets for sky-high Nvidia stock. Here's why analysts are still so bullish.
https://media.zenfs.com/en/business_insider_articles_888/313764a21575265effc18e246f4a8952
The source article:
#nevent1q…9ca5
Wall Street's bullishness for Nvidia stock endures even as shares trade at record highs. Analysts are upbeat about the next-gen Blackwell chip and Nvidia's web of enterprise partnerships. Bank of America and Goldman Sachs are among the banks that have raised price targets in recent weeks.

2024-10-22 09:22:36

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2024-10-22 09:22:36

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Summary of Bonds Are Selling Off Everywhere as Traders Trim Rate-Cut Bets
https://media.zenfs.com/en/bloomberg_markets_842/87b41eb03bab53638ac7c89c9315ef8b
The source article:
#nevent1q…7h9j
The global debt selloff is driven by investor soul searching around Federal Reserve rate-cut expectations, with yields on Australian notes, New Zealand's 10-year bonds, and Japan's 10-year bonds rising. The trend is attributed to a robust US economy, firming odds of a Donald Trump election victory, and cautious comments from Fed officials on the pace of monetary easing.

2024-10-22 09:21:44

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Bullet points of Bonds slide, Asia stocks down as US election looms
- Asian stocks fell on Tuesday
- Bond yields and the dollar rose to multi-month highs

2024-10-22 09:21:44

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Summary of Bonds slide, Asia stocks down as US election looms
https://media.zenfs.com/en/reuters-finance.com/508d1d211aa2aba3f2be0a0417cec57f
The source article:
#nevent1q…p2wr
Asian stocks fell on Tuesday as investors took profits ahead of the US election, while bond yields and the dollar rose to multi-month highs. The yen hit its lowest level since July and Japanese stocks fell amid concerns over a potential change in government. Commodities remained under pressure due to expectations of lacklustre Chinese demand.

2024-10-22 09:20:50

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Bullet points of Elections have little impact on stock prices. Here's what investors should focus on instead.
- The election outcome is unlikely to have a big influence on stock prices, according to Bank of America.
- Stock-market performance is driven by profit growth, not political-landscape shifts.

2024-10-22 09:20:50

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Summary of Elections have little impact on stock prices. Here's what investors should focus on instead.
https://media.zenfs.com/en/business_insider_articles_888/b4ef7ab412b8f488f8034b1402188ecf
The source article:
#nevent1q…l2fd
The election outcome is unlikely to have a big influence on stock prices, according to Bank of America. Stock-market performance is driven by profit growth, not political-landscape shifts. The bank's strategist, Savita Subramanian, said the stock market rarely cares about which political party controls the White House. Instead, investors' focus should be squarely on profit growth. The bank expects 13% year-over-year growth in the S&P 500's earnings per share next year, and profit growth has historically been the biggest driver of stock-market gains.

2024-10-22 09:17:20

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Bullet points of All It Takes Is $900 Invested in Coca-Cola and Each of These 2 Super-Safe Dividend Stocks to Help Generate Over $80 in Passive Income Per Year
- Coca-Cola is a Dividend King with 62 consecutive years of dividend raises
- Clorox has a strong portfolio of brands and has increased its dividend every year for 46 consecutive years

2024-10-22 09:17:20

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Summary of All It Takes Is $900 Invested in Coca-Cola and Each of These 2 Super-Safe Dividend Stocks to Help Generate Over $80 in Passive Income Per Year
https://media.zenfs.com/en/motleyfool.com/fb785893203d614cef3024ac62fa1e30
The source article:
#nevent1q…f0pt
The article highlights the importance of understanding the stock market and investing in safe dividend stocks. It discusses three companies, Coca-Cola, Clorox, and Southern Company, which have recession-resistant business models and decades of dividend increases. The article also mentions the benefits of investing in these companies, including the potential for passive income and dividend growth.

2024-10-22 09:15:06

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Bullet points of Nvidia stock closed at a record high as Wall Street sees strong AI demand
- Nvidia's stock closed at a record high on Monday
- Bank of America raised its price target for Nvidia to $190 from $165

2024-10-22 09:15:06

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Summary of Nvidia stock closed at a record high as Wall Street sees strong AI demand
https://media.zenfs.com/en/quartz.com/f5667e90af31f3720f9f822a1ab350f0
The source article:
#nevent1q…pn95
Nvidia's stock rose 4.14% and closed at a record high of $143.71 per share, driven by anticipation of Big Tech's earnings report in November. The company's shares are up 198.34% so far this year.

2024-10-22 09:12:40

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Summary of Walmart's relocation mandate just sent a Sam’s Club executive rushing for the exit
https://media.zenfs.com/en/quartz.com/99829329668dea9a16d3edc96797b251
The source article:
#nevent1q…u2yg
Walmart's decision to require corporate employees to relocate to its headquarters in Arkansas has led to some executives resigning, including the chief technology officer of Sam's Club. The company has been trying to address its worker shortage by training and certifying hourly employees for higher-level positions.

2024-10-22 09:12:40

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Bullet points of Walmart's relocation mandate just sent a Sam’s Club executive rushing for the exit
- Walmart requires corporate employees to relocate to its headquarters in Arkansas or risk losing their jobs
- Cheryl Ainoa, chief technology officer of Sam's Club, is resigning due to the relocation requirement