Why Now Is the Time for Investors to Take Advantage of the Dip in Innovation Stocks
The steep decline recorded in innovation stocks is expected to have reached a point of reversal, according to Business Insider. Analysts at JPMorgan said a number of equities in the...
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China Mulls Major Revamp on Tencent Holdings
China is looking at revamping Tencent Holdings Ltd. to move WeChat Pay into a fresh financial holding firm as a part of a major revamp, Bloomberg reported. Sources privy to...
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Why Tech Stocks Are the Best Buys After the Interest Rate Hike
Tech stocks are the best assets to buy following the decision of the Federal Reserve to hike rates, according to a Markets Insider report. Wedbush analyst Dan Ives in a...
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Robinhood’s Stock Lending Feature Enters Beta Stage
Financial services firm Robinhood Markets Inc.’s feature allowing customers to lend out equities to other financial institutions has entered the beta version, according to a Bloomberg report. The feature popped...
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US Consumer Confidence Slips Again in March as Fears of Commodity Prices Escalate
Source: University of Michigan The index of Consumer Sentiment in the US was recorded at 59.7 in March, down by 4.9% from February. SPY is up +0.066%, DXY is up...
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Why Buying the Dip May No Longer Ensure Gains
Buying the dip has long been a profitable strategy, but an opinion piece on Bloomberg indicated why this is no longer a sure thing for investors. An opinion piece by...
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Goldman Sachs Studies Crypto Options Offering
Financial giant Goldman Sachs Group Inc. is looking at rolling out bilateral over-the-counter cryptocurrency options, according to a Bloomberg report. Sources close to the matter said Goldman Sachs is in...
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Why Apple Is a Safe Haven Amid Russian Conflict
American investment firm Wedbush Securities Inc. believes investors should take to Apple as a safety holding amid the market volatility, Business Insider reported. Wedbush noted that Apple had recorded softer...
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Ford Motor US Sales Plummet 20.9% in February
Ford Motor’s total US sales decreased by 20.9% in February, according to a press release by Ford on Wednesday. Ford's new retail vehicle orders and the filing of these orders...
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Top Russian Bank Sberbank Pulls Out of Europe, Citing Devastating Western Sanctions
Russia’s largest lender Sberbank is pulling out of all European markets, after big cash outflows and threats to its employees, according to a report by Reuters on Wednesday. The move...
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Exchange Operator CME to Launch Micro Bitcoin and Ether Options
The CME Group plans to unveil micro Bitcoin and Ether options, launching the crypto derivatives market to smaller investors, according to a report by PR Newswire on Tuesday. These micro...
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Stifel’s Equity Boss Downgrades S&P 500 Outlook, Anticipates 7% Plunge in 2022
In a Sunday note from Stifel’s Barry Bannister, the stock market will continue to drop and has more downside, according to a report by Markets Insider on Tuesday. He argued...
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