Stock Market

🚨🚨🚨 A @CNN director is caught on video admitting that the focus of CNN’s news coverage in 2020 was “to get Trump out of office” & that they engaged in “propaganda” to make it happen. CNN isn’t a news organization, they’re a Democrat Super PAC!!!pic.twitter.com/BwDJFYXRD2 — Donald Trump Jr. (@DonaldJTrumpJr) April 13, 2021 CNN staffer
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Check out the companies making headlines before the bell: Altimeter Growth (AGC) — Southeast Asia’s ride-hailing giant Grab is going public via a SPAC merger with Altimeter Growth, valued at nearly $40 billion. Grab says it intends to list on the Nasdaq under ticker symbol “GRAB” following the deal’s completion. Altimeter’s shares surged nearly 9%
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Did the same thing with Tsla stock right before the new big EV push, should be illegal. www.usatoday.com/story/news/factcheck/2021/02/16/fact-check-paul-pelosis-tesla-investment-predated-joe-biden-order/6727271002/ But its ok because she bought it a month before… Yet the government loses its minds when autists on the internet short gamestop Though it’s nearly impossible to know how much Pelosi has made from this investment
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Stocks of companies operating within the Bitcoin ecosystem have profited from the leading cryptocurrency’s continuous rise. Case in point: shares of Marathon Digital Holdings (MARA) have skyrocketed by 377% year-to-date. That’s peanuts, however, compared to its trailing twelve-month gains – all 11,234% of them. No, that’s not a typo. The thing is, Marathon isn’t even
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MEI Pharma announced positive preclinical data for its orally administered drug, voruciclib. Voruciclib blocks CDK9, a cyclin-dependent kinase (CDK) inhibitor and hinders growth of KRAS mutant cancers. MEI Pharma’s (MEIP) President and CEO,  Daniel P. Gold, Ph.D  said, “Collectively, the data reported today offer the opportunity to expand our current development activities with voruciclib and
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by Lance Roberts Recently, the March jobs report showed a whopping 916,000 new jobs. Interestingly, there were some anomalies in the data and millions missing from the official count. As shown, there has been a substantial reduction in the unemployment rate back to 6%. Historically, an unemployment rate of 5% was considered “full employment.” However, for the
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Business-to-business rental company McGrath RentCorp has acquired Kitchens To Go. The latter provides modular solutions to food service providers that need flexible facilities. McGrath RentCorp (MGRC) President and CEO Joe Hanna said, “Our acquisition of Kitchens To Go is highly complementary to our modular building rental business. As we expand our ability to provide solutions
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In my decade forecast, I projected that in the next recession that the deficit would climb to over $2 trillion. Clearly, that demonstrates I am an optimist. Here’s a chart I shared back in January. SOURCE: CONGRESSIONAL BUDGET OFFICE Between reduced tax revenues and increased spending, I now expect this year’s deficit will be at least
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For gene sequencing company Pacific Biosciences (PACB), also known as PacBio, regulators’ refusal to allow Illumina (ILMN) to buy the company may have been a blessing in disguise. Since Illumina abandoned its bid early in 2020, PacBio has changed up its senior management team, secured its funding needs from SoftBank Group (SFTBF), announced a major
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by confoundedinterest17 The Biden epic spending spree and The Federal Reserve’s epic money printing has resulted in a host of outcomes. First, cryptocurrency Bitcoin finally hit $61,000 today before backing-off. The massive increase in The Fed’s money printing (M2) has stimulated stock market growth (S&P500) along with cryptocurrencies Bitcoin and Ethereum. The out-of-control money printing has
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by confoundedinterest17 Friday’s Purchase Price Index Final Demand YoY came in hotter than expected (4.2% YoY compared to an expectation of 3.8% YoY). Economists surveyed by Bloomberg are forecasting a 2.5% YoY for CPI to be released on Monday morning. But it is difficult to forecast the CPI YoY figure given that consumers are projected
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