Tag: stocks
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Ahead of Public Listing, New Members Join VELO3D Board
VELO3D announced the addition of three new board members ahead of its highly anticipated public listing on the New York Stock Exchange (NYSE) under the new ticker symbol “VLD.” The leading metal 3D printing manufacturer decided to temporarily expand the number of seats on its board of directors by appointing former GE Vice President Michael…
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Top news and market movers ⚡ this week: 10th Sep’ 21
Top news Amazon Pay India has partnered with Kuvera to offer wealth management services. Initially, Mutual funds and Fixed Deposits would be made available to Amazon pay users. SEBI has offered exchanges the option of switching to a T+1 settlement cycle from the current T+2 cycle beginning in January 2022 to streamline the fund settlement process.…
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Tips from a trader up 227% this year, plus 5 high-upside altcoins
Hello, and welcome to this week's edition of Insider Investing. Here's what's on the docket: Mark Minervini, a trading legend and four-time author, is leading the US Investing Championship this year with a 226.6% gain through July. He breaks down his trading strategy and shares 5 core rules that he follows with great discipline.Adrian Zduńczyk,…
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Top news and market movers ⚡ this week: 27th Aug’ 21
Top news FM Nirmala Sitharaman unveiled the government’s Rs 6 lakh crores National Monetization Pipeline. Airports, railways, roads and other sectors to be privatized over a span of 4 years. BSE Sensex surpassed the 56,000-mark for the first time while Nifty 50 breached 16,700 mark during this week. NSE has restricted stockbrokers from selling Digital…
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Warren Buffett’s favorite market indicator hits 205%, signaling stocks are way too expensive and a crash may be coming
Warren Buffett. CNBC Warren Buffett's preferred market gauge hit 205%, signaling stocks are heavily overvalued. The "Buffett indicator" compares the stock market's valuation to the size of the economy. Buffett has said the gauge spiking is a "very strong warning signal" of a future market crash. See more stories on Insider's business page. Warren Buffett's…
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Jim Simons’ RenTech fund tripled its AMC stake last quarter – and slashed its Tesla holdings by 75%
Jim Simons. AP Images / Jason Decrow Jim Simons' RenTech tripled its AMC stake and slashed its Tesla holdings by 75% last quarter. The hedge fund's bet on the movie-theater chain soared almost 20-fold in value to $103 million. RenTech held $138 million of Tesla stock, a fraction of its previous stake worth $14 billion…
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Making sense of the markets this week: August 9, 2021
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. The inside story on earnings and revenue for S&P 500’s Big 6 In terms of valuation, the largest companies on the S&P 500 are Apple, Microsoft, Alphabet (Google), Amazon, Facebook and Tesla. These are the behemoths that…
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Bitcoin to $250,000, plus secrets from a market wizard
Hello and welcome to Insider Investing. I'm Joe Ciolli, and I'm here to guide you through the current market and investing landscape. Here's what's on the docket: We spoke to Joseph Edwards, a former professional esports coach turned crypto researcher who called bitcoin's meteoric rise to $60,000 last year. He broke down his prediction that…
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Robinhood prices IPO at $38 per share, valuing the online brokerage app at $32 billion
SOPA Images/Getty Images Robinhood priced its IPO at $38 per share on Wednesday, valuing the company at about $32 billion.The online brokerage app revealed surging growth in its S-1 filing amid the COVID-19 pandemic and government stimulus checks.Robinhood is set to trade on the Nasdaq under the symbol "HOOD" on Thursday.Sign up here for our…
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US stock futures slip ahead of Tesla earnings in the wake of Asia’s rout, while bitcoin surges past $38,000
Spencer Platt/Getty Images After US stocks logged all-time highs last week, futures point to a retreat on Monday. Asian stocks plunged as China tightened rules on its education and property sectors. Bitcoin rose above $38,000, partly driven by speculation that Amazon may accept it as payment. Sign up here for our daily newsletter, 10 Things…