Stock Market

by visualcapitalist While bitcoin has been one of the world’s best performing assets over the past 10 years, the cryptocurrency has had its fair share of volatility and price corrections. Using data from CoinMarketCap, this graphic looks at bitcoin’s historical price corrections from all-time highs. With bitcoin already down ~15% from its all-time high, Elon Musk’s tweet announcing
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Given the current financial landscape, one way to find compelling investment opportunities is to take a cue from legendary stock pickers. One such Wall Street guru is Steven Cohen. As Chairman and CEO of Stamford, Connecticut-based Point72 Asset Management, Cohen leads a 1,650-person registered investment advisory firm. Cohen and his firm are well renowned in
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by confoundedinterest17 There is a phenomenon in baseball and golf known as “the yips”. A colloquial term for a sudden and unexplained loss of skills in experienced athletes. US Temporary Cash Added/Drained – Banking System Through Overnight Repos is at its highest level since the March 2020 Covid outbreak. Bitcoin (white) and Ethereum (purple) crashed then rebounded
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The logo of Cisco Systems is seen at their headquarters in Issy-les-Moulineaux, near Paris, France. Philippe Wojazer | Reuters Check out the companies making headlines after the bell on Wednesday:  Cisco — Shares of the data center networking hardware maker dropped more than 6% in extended trading after the company issued weaker-than-expected guidance for the next
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by: Stefan Gleason This week has been truly brutal for the entire cryptocurrency sector, with the prices of major currencies like Bitcoin and Ethereum crashing at least 30%. The overall sector has shed trillions of dollars in value. The recent carnage for holders of digital currencies could be due to a variety of factors including profit taking spurred by Elon
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Triumph Group, Inc. (TGI) and Boeing Commercial Airplanes (BA) have reached an agreement to extend their strategic collaboration on critical system components. Consequently, Triumph will continue as a key supplier of hydraulic components across multiple Boeing programs. Triumph designs, manufactures, and repairs aerospace and defense systems, components, and structures. One of the three multi-year contract
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Take a look at some of the biggest movers in the premarket: Target (TGT) – Target earned $3.69 per share for the first quarter, well above the $2.25 a share consensus estimate, with revenue also above analysts’ projections. Comparable-store sales surged 22.9%, more than double the forecast of analysts surveyed by FactSet. Target shares jumped
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by confoundedinterest17 Cryptocurrencies Bitcoin and Ethereum plunged today while gold held steady. The fact that Elon Musk shot his mouth off and cryptos took a massive beating points to the fragility of speculative assets. Bitcoin value plunged after Tesla CEO Elon Musk on Wednesday said that his electric-car company will discontinue accepting the cryptocurrency as a
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After a big run-up last year, electric vehicle stocks have been in a correction mode. This seems temporary because positive industry tailwinds are likely to sustain. According to Deloitte, the global electric vehicle industry is likely to grow at a CAGR of 29% over the next decade. Considering the growth outlook, investors might consider exposure
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by David Brady via Sprott Money We finally got “official” confirmation that inflation has already begun to take off: The headline CPI year-over-year increase at 4.2% was the highest since 2008. Energy prices rose 25% and gas prices 50%. Rising energy prices filter through to almost everything. Used car and truck prices were up 21%. Rents rose 2.1%.
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