FINANCE
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Stocks rally after Fed decision as Powell soothes rate nerves
I have always been hypercritical of Starbucks (SBUX). I remember covering the company as a stock analyst and spending weeks inside its stores studying the workflows of each department. It was an extreme exercise that did not win me any fans among Starbucks management (especially with former CEO Howard Schultz), but I was young, didn’t give a damn what management…
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Hedge fund Barington urges Paramount to scrap talks with Skydance
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) – Hedge fund Barington Capital on Friday urged Paramount Global to scrap its exclusive merger talks with Skydance Media, arguing all shareholders would benefit if the company looked at other potential bidders. The New York-based hedge fund, which owns 325,000 shares in Paramount, has joined a chorus of increasingly disgruntled investors…
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Google Stock: Google Cloud, AI Event Kicks Off With Arm, Palo Alto News
Alphabet‘s (GOOGL) cloud computing event on Tuesday touted artificial intelligence partnerships and products that could give a boost to Google stock. Google announced a custom AI chip using Arm Holding‘s (ARM) semiconductor architecture, which it will make available to cloud customers. X Also, the Google Cloud Next event runs from April 9 to April 11. On the cloud infrastructure front,…
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New products, diversifying revenue streams will be key to its stock, analysts say
Slowing growth. Rising competition. Widening scrutiny. Apple is falling flat in China and with investors, as the shine comes off of the once darling stock. Shares of the tech giant have declined 8.5% this year, wiping more than $300 billion from its market capitalization, and underperforming the S&P 500 and Nasdaq 100. However, not all is lost. The stock correction…
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Biden Says Economy Is ‘Strong,’ But 50% Of Voters Say Their Financial Situation Is Getting Worse As Markets And Employment Hit Record Highs
Nearly every metric for measuring economic prosperity backs President Joe Biden’s proclamation in his State of the Union address in early March that “the state of our union is strong and getting stronger.” As the S&P 500 and the Nasdaq Stock Market raced toward all-time highs, Biden posted on X in mid-February, “The stock market going strong is a sign…
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Stock market bubble warnings are everywhere. These are the 10 most richly valued stocks right now.
Johannes Eisele/AFP via Getty Images As the stock market hits record highs, some investors are concerned about a bubble. High valuations and an AI-hype cycle are the top concerns for bearish investors. From AI to chicken wings, listed below are the 10 most richly valued stocks in the market right now. Record highs in the stock market and growing hype…
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Kodak Pension Riches Point to $137 Billion Opportunity
(Bloomberg) — Inside Eastman Kodak Co., the once-iconic camera maker, a small pension investment team reaped such large gains in recent years that they windfalled themselves out of a job. Most Read from Bloomberg The group, managing a pool of retirement assets for more than 37,000 people, poured money into hedge funds and private equity and, in seven years, turned…
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These investors think Trump’s new public company will flop
Former President Donald Trump has clearly scored a financial win with his media startup, Trump Media & Technology Group. Once the firm goes public, likely this week, Trump’s ownership stake could fetch more than $3 billion. But many investors seem to think the Trump venture will flop. The Trump startup will go public via a merger with Digital World Acquisition…
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I Have $1 Million in Savings and a Pension. Should I Delay Social Security and Rely on My 401(k) for 8 Years?
A man considers delaying Social Security past his full retirement age to increase his eventual benefit. If you have $1 million in a 401(k) and collect a pension, you may be in a position to delay Social Security until age 70. Doing so can boost your monthly benefit by up to 24%. However, delaying Social Security will mean you’ll have…
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Super Micro to Delay 2 Million Share Sale to After Close
(Bloomberg) — Super Micro Computer Inc. pushed back the expected pricing of the sale of 2 million shares to after the market closes in New York, according to people familiar with the matter. Most Read from Bloomberg Goldman Sachs Group Inc., the sole underwriter of the share sale, has communicated the updated timetable to potential investors that the pricing of…
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