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Virgin Galactic shares plunge on reverse stock-split announcement
The 1-for-20 reverse stock split will take effect at the close of trading Friday.
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Elon Musk’s Tesla pay package gets another ‘no’ from a major shareholder
The largest public pension fund in the U.S. just came out against Tesla Inc. Chief Executive Elon Musk’s $56 billion pay package, this time officially.
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Broadcom follows Nvidia’s lead with plan for a stock split
Broadcom is following Nvidia’s lead with a plan to split its stock in the wake of upbeat quarterly results and a big recent bump in its share price.
12 de junho de 2024
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Michael Dell not involved in Everton takeover, despite reports linking tech titan to Premier League club
Takeover talk is swirling around Everton following the recent collapse of owner Farhad Moshiri’s deal to sell to Miami-based private investment firm 777 Partners.
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PayPal’s competitive challenges are back in the spotlight, BofA says
Recent announcements in the world of payments underscore the challenges facing PayPal, according to an analyst.
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Online broker eToro partners with X to educate investors, cut through social-media misinformation
Online brokerage eToro has announced a partnership with social-media platform X to provide educational resources about investing on the platform.
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Buy these stocks to profit from silver’s rally, BofA says
It’s hard to find stocks that offer “pure play” exposure to silver, but BofA Securities analyst Michael Widmer recommended a couple that investors could buy to ride the continued rally in the precious metal.
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Bank stocks and corporate bonds hold gains on flat inflation report and Fed update
Tame CPI data sent investors back into beaten-down regional-bank stocks and bonds.
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U.S. budget deficit hits $1.2 trillion with fiscal year now two-thirds over
The cumulative U.S. budget deficit has reached $1.202 trillion with the federal government now two-thirds through its current fiscal year, driven in part by rising interest payments on the national debt.
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Fed’s $1 trillion pile of paper losses are turning into actual losses — with more in sight
The Federal Reserve’s roughly $1 trillion pile of paper losses stemming from its underwater securities holdings have begun to turn into more than $100 billion in actual losses, with no relief in sight.
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Inflation is cooling — but Americans’ concerns about it are hotter than ever, by one measure
Wall Street investors are cheering an inflation report showing no monthly increase in the cost of living during May — but good luck convincing consumers that the flat numbers are positive news.
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As HPE’s stock heads for another high, its bonds have been selling off
CreditSights is advising investors to await new bond issuance related to HPE’s acquisition of Juniper Networks.
12 de junho de 2024
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Hedging against a stock-market selloff has almost never been cheaper
A team of analysts at SocGen recommend investors protect their gains by buying a put spread that would deliver a max payout if the S&P 500 falls 15%
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Inflation data throws President Biden a lifeline
Two big things just happened on Wall Street in response to the latest inflation data. And both of them should give President Joe Biden some rare relief in his presidential campaign.
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Bitcoin ETFs are supercharging this popular crypto-trading strategy — what you need to know
A weekly look at the most important moves and news in crypto, and what’s on the horizon in digital assets.
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Dividend stocks can help lower your risk. Many are bargains right now.
Ben Kirby of Thornburg Investment Management says the timing is right for diversifying your stock-market exposure with high-dividend payers.
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Tesla’s stock should hit $2,600 in five years, says Cathie Wood’s Ark Invest
Tesla’s stock surged Wednesday after Cathie Wood’s Ark Invest said it should rocket more than 15-fold in five years as the electric-vehicle maker evolves into a more profitable robotaxi company.
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Financial planning for LGBTQ+ families in red states means having a big emergency fund in case they have to move
New laws restricting healthcare and speech have an impact on long-term planning.
12 de junho de 2024
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Social Security’s COLA could be lower in 2025 amid cooling inflation
The cost-of-living adjustment is supposed to keep pace with inflation and preserve buying power for its recipients
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How will the soft May CPI reading impact the Fed? By starting the clock on a potential September rate cut.
The Federal Reserve is seen as likely to pencil in two cuts over its last four meetings this year, which would keep the door open for a September move.
