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Stocks pulled back from record highs Tuesday, with all three major U.S. indexes down over 1% through early afternoon trading. The drop followed the release of disappointing July retail figures, with sales down 1.1% from June. Headlines point to Delta variant concerns, but restaurants and b
Dogecoin (CRYPTO: DOGE) investors should soon expect to dive in for another major downturn.
What Happened: According to a recent AMBCrypto technical analysis, Dogecoin's price rested on support located in the $0.28 area and its 12-hour 200-candle simple moving average.
Since the
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Ted Turner is battling Lewy body dementia, the CNN founder revealed in an interview that will air over the weekend. Turner told veteran newsman Ted Koppel that he has “a mild case of what people have as Alzheimer’s.”
“It’s similar to that. But not nearly as bad. Alzheimer’s is fatal,” Turner said in an interview for “CBS Sunday Morning.” “Thank goodness I don’t have that. But, I also have got, let’s — the one that’s — I can’t remember the name of it.”
He then paused, according....More>>>
Shares of Punjab National Bank (PNB) added 3 percent intraday Friday as company put on sale three NPAs worth Rs 136 crore.
The company has put on sale three non-performing assets to recover Rs 136 crore dues from the borrowers.
“We intend to place these accounts for sale to ARCs/ NBFCs/other banks/FIs on the terms and conditions stipulated in the bank’s policy, in line with the
regulatory guidelines,” PNB said in the invite for expression.
The three non-performing accounts (NPAs) or bad loans that have been put on sale are Gwalior Jhansi Expressways....More>>>
Citigroup’s Alastair Syme and team argue that the earnings from big oil companies like Chevron (CVX), Total (TOT) and Royal Dutch Shell (RDS.A) will be bad…real bad. But that won’t stop the stocks from outperforming. They explain why:
Bloomberg News
Negative headlines, positive performance: We expect the majority of Big Oil companies to post negative 1Q16 earnings, a brutal headline, but one that clearly reflects the impact of cyclical oil price lows this quarter. The outlook can improve. Our positive thesis on the Big Oil group reflects a belief that the market....More>>>
In the stock market, I have a couple rules I like to follow. One of them is to almost always stay away from stocks trading under $5. After all, there is a reason they are under $5, and its not because things are going well. But every once in a while, one finds a hidden gem among these cheap stocks. I think Rite Aid Corporation (NYSE:RAD) is one of those hidden gems.
I’ve stated my bull thesis on RAD stock before, but I’ll do so here as well.
RAD is a stock that has staged big comebacks before ($2 to $9 in 2001, $2 to $6 in 2003 and $1 to $9 in 2012-14),....More>>>
Can The “Tech Summit” Cause A Short Squeeze In TSLA Stock?
Tesla (NSDQ:TSLA) stock has declined by 20% YTD, massively underperforming the market. But while investors are reluctant to invest in the stock, Tesla has been one of the favorite stocks of short traders for some time now. In the latest fortnight, the short interest in TSLA stock jumped by 13% to35.68 million, a massive 32% of the float, with days to cover increasing from 6 days to 8 days. Since August, short interest has jumped by almost 35%. With days to cover rising to 8 days, a strong positive news may lead to....More>>>
Most EV companies post bold numbers to increase investor and consumer interest. Many of them might even refer to themselves as "Tesla Killers" with nothing to back it up.
But Lucid Group Inc. (NASDAQ: LCID) seems different. This company is the product of a SPAC merger with Churchill Capi
Shares of dry bulk shipping company Diana Shipping (NYSE:DSX) surged more than 10% in early trading Tuesday before giving back some of their gains and closing the session up 5.9%.
Good news in the dry bulk industry appears to be the cause.
Image source: Getty Images.
So what
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Cannabis investors had been waiting for a surge in marijuana stocks since the end of 2017. They finally got one this year.
Unfortunately, it didn't last.
The Prime Alternative Harvest Index, which tracks the performance of some of the cannabis industry&#
AMD and Nvidia are two of the hottest chip stocks on the market. But if you can only buy one, there's a clear winner...
Both Advanced Micro Devices Inc. (NASDAQ: AMD) and Nvidia Corp. (NASDAQ: NVDA) are growing at a quick pace in 2021, thanks to the chip shortage that began in 2020. So f
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A pleasant retirement can mean staying put right where you are, chatting with the same neighbors, cheering the same local sports teams, and shopping at the same stores.
But plenty of Americans also get wanderlust when they reach their retirement years, trading free
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