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Consumers’ financial health suffers when sports betting is legalized, new research shows
The easier the access, the more the harm
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Gold’s losses this week have left the metal ‘bent but not yet broken’
Gold futures traded sharply higher on Friday, but looked to tally a second weekly loss in row as the precious metal got caught up in the broad drop in risk assets after climbing last week to fresh record-high prices.
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Charles Barkley: NBA chose ‘money over the fans’ by picking Amazon over TNT
The NBA signed a $76 billion TV deal with Disney, NBC and Amazon, leaving TNT without any NBA games for the first time since 1988.
26 de julho de 2024
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Southwest Airlines says passengers wanted assigned seats. For some loyal fliers, ‘it’s a true blow.’
One Southwest fan likened the drastic policy change to the time Coca-Cola rolled out New Coke.
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IMAX, with Hollywood strikes and the pandemic behind it, poised for growth, say analysts
IMAX Corp., is well positioned for growth, say analysts, as the company puts the disruption of the Hollywood actors and writers strikes and the COVID-19 pandemic behind it.
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Consumer sentiment stuck at 8-month low on inflation angst
Consumers’ optimism on the U.S. economy remained stuck at an eight-month low in July because of frustration with lingering inflation, especially among lower-income households that feel the financial strain the most.
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The No. 1 enemy of your 401(k) plan may be you
Here’s the truth about the portfolio strategy you might be following.
26 de julho de 2024
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Mohawk Industries’ stock rallies as flooring-products maker draws upgrade on boosted profit view
Mohawk Industries Inc.’s stock jumped 16% on Friday after the maker of flooring products said it would beat analyst estimates for its third quarter and revealed plans to cut more costs, and after drawing an upgrade to buy from hold from BofA Securities.
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Nvidia among chip stocks clawing back. What investors should watch for.
Semiconductor stocks have been under pressure in recent weeks, but prominent names are snapping back on Friday.
26 de julho de 2024
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AMD is likely to boost its AI revenue outlook. Can that help its sagging stock?
AMD’s AI story “will still probably be all that matters to investors” when the company posts earnings on Tuesday, according a Bernstein analyst.
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Newell’s stock soars after earnings again, as turnaround efforts take shape
Shares of Newell Brands, the parent company of Contigo, Graco and other household products, powered higher in early Friday trading after the company beat second-quarter profit expectations and raised the full-year outlook, as sales and gross margin continued to improve.
26 de julho de 2024
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AMC’s summer box office set to ‘rebound notably’ says Wedbush
AMC Entertainment Holdings Inc. is set to benefit from an improved summer box office, according to analyst firm Wedbush.
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Ugg and Hoka parent is in a more lopsided battle with the footwear industry than Kendrick vs. Drake
Wedbush analysts weigh in on a strong quarter with some colorful comments.
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Hedge funds stayed put during Wednesday market slide, Goldman says
Hedge funds largely held onto their tech stocks in the face of the major sell off on Wednesday, according to analysis from Goldman Sachs’ prime brokerage division
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SEC accuses activist investor Andrew Left and Citron of making $20 million by misleading investors
SEC charges firm with selling stocks after allegedly recommending readers to buy them.
26 de julho de 2024
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Oil prices remain lower amid Gaza ceasefire hopes as investors prepare for PCE data
Oil prices were little changed early Friday morning, weighed down by expectations of a Gaza hostage and ceasefire deal that could move forward after U.S. President Joe Biden and Israeli Prime Minister Benjamin Netanyahu met earlier this week, easing Middle East tensions.
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Apollo Global Management to acquire gaming companies IGT and Everi in $6.3 billion deal
Apollo to buy both companies after they had agreed to a merger deal in February.
26 de julho de 2024
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Biogen’s stock stumbles as Alzheimer’s drug is rejected by European regulators
Biogen’s stock fell more than 6% premarket on Friday after European regulators gave a thumbs down to the company’s Alzheimer’s disease treatment, which it markets jointly with Eisai Co. Ltd.
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3M’s stock surges toward a 20-month high after earnings beat, raised outlook
3M’s stock charged toward an 20-month high in early trading Friday, after the maker of Post-it Notes, Scotch tape and Command strips beat second-quarter earnings expectations and raised its full-year outlook.
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Colgate-Palmolive’s stock boosted by earnings beat as company backs guidance
Chief Executive says all operating divisions achieved volume growth in latest quarter.
