FINANCE
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Bank of America Takes a Bullish Stance on These 2 Stocks
The Federal Reserve’s FOMC committee will meet today, and with the pace of inflation down to an annualized rate of 2.5%, the conventional wisdom expects the central bank to start cutting rates. The Fed has held its key funds rate at the 5.25% to 5.50% range since July of last year, in response to a generational spike in inflation. Most…
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This Stock Will Become Warren Buffett’s Next Coca-Cola
Coca-Cola (NYSE: KO) is not the biggest position in Warren Buffett’s portfolio, but it is one of the billionaire’s favorites — and one that likely will remain there at current levels. Buffett started buying shares of the world’s biggest nonalcoholic beverage maker in 1987 and continued adding to the position for a period of seven years. Those 400 million shares…
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This Is The Ultimate Donald Trump Stock: Is DJT A Buy As It Plunges After Harris Debate?
Donald Trump is one of the world’s most famous businessmen, but his companies have usually been privately held. Now investors have the chance to throw their lot in with the former president of the United States through Trump Media & Technology (DJT). Its main product Truth Social has a tough task as it competes with X, owned by Tesla (TSLA)…
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Dow Jones Futures Fall: Will Apple iPhone 16 Give Bulls A Ring? Palantir, Dell Jump (Live Coverage)
Dow Jones futures fell slightly Sunday evening, along with S&P 500 futures and Nasdaq futures. Apple (AAPL), Oracle (ORCL), Palantir Technologies (PLTR), Dell Technologies (DELL) and Tesla (TSLA) will be in focus Monday on key news. The stock market rally is reeling amid fears about the economy and the artificial intelligence boom, as well as a still-unwinding carry trade. The…
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Stocks Fall as Jobs Leave ‘Little Room for Error’: Markets Wrap
(Bloomberg) — Stocks whipsawed ahead of US jobs data that will be key in determining the size of a Federal Reserve rate cut in September. Most Read from Bloomberg In a session of several twists and turns, the S&P 500 finished lower. That’s despite a rally in a handful of big techs. Treasury yields fell slightly, with traders still pricing…
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Dow Jones Futures Fall With S&P 500 In Power Trend; Tesla Rival Leads 7 Stocks In Buy Zones
Dow Jones futures fell slightly Monday evening, while S&P 500 futures were little changed and Nasdaq futures rose modestly. U.S. markets were closed for Labor Day. ↑ X NOW PLAYING S&P 500 Enters Power Trend; Broadcom, Comfort Systems, NextEra Energy In Focus The stock market rally showed mixed action last week. The Dow Jones hit a record high while the…
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S&P 500 Spikes in Last 10 Minutes of US Trading: Markets Wrap
(Bloomberg) — Stocks climbed in the final stretch of a wild August, with traders bracing for what’s historically known as the worst month for equities. Most Read from Bloomberg For all the whiplash in global markets just a few weeks ago, the S&P 500 closed within a whisker of its all-time highs. Equities spiked in the last 10 minutes of…
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SentinelOne Earnings Beat As Guidance Meets Expectations| Investor’s Business Daily
SentinelOne (S) on Tuesday reported second quarter earnings and revenue that topped Wall Street estimates. The cybersecurity firm’s guidance for SentinelOne stock only met expectations amid views it may gain from rival CrowdStrike Holdings‘ (CRWD) recent setback. ↑ X NOW PLAYING AI Stocks Are Running. Is The Dot-Com Bubble A Blueprint Or A Cautionary Tale For Investors? Meanwhile, SentinelOne beat…
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The Stock Market Will Go Up No Matter Who Wins the 2024 Election
The economy is shaping up to be one of the biggest issues of the presidential election. That’s not surprising as Americans have endured the highest inflation cycle in 40 years, following a surge in the money supply due to trillions in stimulus spending during the pandemic. A recent Motley Fool survey showed 60% of respondents considered inflation a top financial…
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Snowflake Reports Widening Losses, Sending Its Stock Lower
Joan Cros / NurPhoto / Getty Images Key Takeaways Snowflake’s second-quarter revenue grew from the year-ago period and beat analysts’ projections, but losses widened as costs rose. The company’s outlook also missed analysts’ estimates compiled by Visible Alpha. Snowflake CEO Sridhar Ramaswamy highlighted the company’s opportunities related to artificial intelligence. Snowflake’s (SNOW) second-quarter revenue grew from the year-ago period and beat…
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