Home Depot Inc (NYSE: HD) has recently reported its Q2 earnings, and while its guidance may appear cautious, it is consistent with market expectations. Michael Baker, a senior retail analyst…
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Investing
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Investing
Solana whale offloads additional $2.8 million in latest move, totaling $86 million in selloff
A prominent Solana whale has intensified their massive selloff, adding a recent $2.8 million transaction to the staggering $86 million in SOL tokens sold since January. This ongoing divestment has…
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Republican Representative Mark Green, who has served Tennessee’s 7th congressional district since 2019, has recently disclosed a lucrative stock trade involving NGL Energy Partners (NYSE: NGL). Green sold between $15,000…
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On August 13, 2024, Wolfe Research upgraded First Industrial Realty Trust (FR) from Peer Perform to Outperform, setting a year-end 2025 price target of $64. This upgrade suggests a potential…
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Chipotle Mexican Grill’s stock has plummeted nearly 14% in early trading today following the announcement that CEO Brian Niccol will step down to take the helm at Starbucks on September…
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Investing
BofA forecasts semiconductor stocks’ rebound despite ongoing volatility: Key reasons explained
Amid recent turbulence in the semiconductor sector, Bank of America (BofA) analysts are forecasting a potential rebound for semiconductor stocks. The sector has been significantly impacted by the fluctuating effects…
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Investing
KeyCorp shares surge 18% as Scotiabank invests $2.8 billion: What this means for both banks
KeyCorp (NYSE: KEY) saw its stock price surge approximately 18% today following an announcement that the Bank of Nova Scotia (NYSE: BNS) will invest $2.8 billion for a minority stake…
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Investing
Crude oil prices surge for fifth consecutive day, exceeding $77 amid Pentagon’s Middle East deployment
US crude oil prices have surged for the fifth straight day, surpassing $77 per barrel. This climb is driven by heightened geopolitical tensions following the Pentagon’s decision to bolster military…
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Veteran investor David Roche has issued a cautionary forecast for the stock market, predicting a potential bear market in 2025. Roche, a prominent expert at Quantum Strategy, points to the…
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Investing
Europe’s inflation may rise due to Olympics and Taylor Swift events, but UBS claims local wallets will remain unscathed
As the Paris 2024 Olympics unfold, they have significantly impacted the local economy, particularly in the hospitality sector. According to CoStar data, the first week of the Games saw a…
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Macy’s recent announcement to close nearly 150 stores by early 2027 marks a pivotal moment for the US retail sector, reflecting the ongoing challenges faced by traditional brick-and-mortar stores in…
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Tesla has silently stopped taking orders for the cheapest version of the Cybertruck. Customers can now only book the $99,990 variant and the $119,990 variant. The news comes as a…
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B. Riley Financial Inc. (NASDAQ: RILY) saw its stock plunge by 50% on Monday after the investment bank announced substantial losses for its second fiscal quarter. The dramatic decline is…
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Investing
‘Deadpool & Wolverine’ surpasses $1 billion globally; second R-rated film to achieve this milestone
Disney and Marvel’s latest collaboration, Deadpool & Wolverine, has made history by becoming the second R-rated film to surpass the $1 billion mark at the global box office. The film,…
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Rolls-Royce (LON: RR) share price has held steady this year, making it one of the best-performing companies in the FTSE 100 index. It has risen by over 64% this year,…