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Billionaire George Soros Bets on These 3 ‘Strong Buy’ Stocks

Billionaire George Soros Bets on These 3 ‘Strong Buy’ Stocks

Keeping up the returns would be a neat trick in today’s market, as the main indexes are all steeply down for the year so far – with losses of 15% on the S&P 500 and 24% on the NASDAQ. For investors, then, the best strategy may just be to follow a winner. Billionaire investing legend George Soros is most definitely a winner. He’s built a portfolio worth billions, and had possibly the greatest bull run in hedge fund history, averaging 30% annualized returns for 30 years. Starting in 1992,… Source link

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‘It’s so horrible that I want to buy it’ — Jim Cramer likes these 2 beaten-down tech names that are still posting white-hot revenue growth

‘It’s so horrible that I want to buy it’ — Jim Cramer likes these 2 beaten-down tech names that are still posting white-hot revenue growth

‘It’s so horrible that I want to buy it’ — Jim Cramer likes these 2 beaten-down tech names that are still posting white-hot revenue growth The market doesn’t seem able to find a bottom. The S&P 500 has fallen about 16% year to date, while the tech-centric Nasdaq is down 26% over the same time frame. But CNBC’s Jim Cramer sees plenty of opportunity amid the market downturn. In fact, the Mad Money host recently revealed two stocks that he wants to buy right now. Here’s a quick look… Source link

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Future COVID variants will likely reinfect us multiple times a year, experts say — unless we invest in new vaccines

Future COVID variants will likely reinfect us multiple times a year, experts say — unless we invest in new vaccines

For more than a year now, the original COVID-19 vaccines have held up remarkably well — even miraculously so — against a Greek alphabet of new variants: Alpha, Beta, Gamma, Delta. But now experts say something is changing. Since the start of 2022, the initial version of Omicron, known as BA.1, has been spinning off new sublineages — BA.2, BA.2.12.1, BA.4, BA.5 — at an alarming pace. Earlier variants did this, too. But it never really mattered, because their offshoots “had no… Source link

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Stock market news live updates: May 17, 2022

Stock market news live updates: May 17, 2022

U.S. stock futures surged in pre-market trading Tuesday, extending a streak of gyrations in equity markets as the indexes attempt a comeback from intense selling last week amid worries around persistent levels of inflation and the prospect of an economic slowdown. Futures tied to the S&P 500 jumped 1.6%, and Dow futures climbed 400 points. Contracts on the Nasdaq gained 2%. The moves follow six straight weeks of declines for the S&P 500, its longest span of losses in more than a decade, and… Source link

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These stocks have been outperforming amid the latest market rout: Morning Brief

These stocks have been outperforming amid the latest market rout: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, May 17, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter Stocks have had a rough start to 2022. The S&P 500 has tumbled about 16% so far this year to come within striking distance of a bear market. The Nasdaq Composite has plunged an even more pronounced 25%. And even the Dow Jones… Source link

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Elon Musk says we can’t let humankind end in ‘adult diapers’ and that the environment would be fine if we doubled our population

Elon Musk says we can’t let humankind end in ‘adult diapers’ and that the environment would be fine if we doubled our population

Elon Musk.Christophe Gateau/picture alliance via Getty Image Elon Musk argued for higher birth rates again, saying otherwise we will all “end up in adult diapers.” He claimed without evidence that the environment can support it “even if we doubled the size” of the global population. Experts have stated other factors causing birth rates to decline. Elon Musk argued on Monday that it’s “total nonsense” that people were not having have kids because it was bad for the environment, and made another… Source link

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Rajon Rondo accused of threatening woman with gun: Reports

Rajon Rondo accused of threatening woman with gun: Reports

A woman has accused NBA point guard Rajon Rondo of threatening her with a gun in front of her children during an altercation in her Louisville, Kentucky home, according to multiple reports. TMZ and ESPN reported on Monday that the woman filed for an emergency protective order on Friday, claiming that she fears for hers and her children’s safety while citing a history of “volatile, erratic (and) explosive behavior” from Rondo. Per the reports, a judge granted the request, ordering Rondo to… Source link

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Marriott, Yahoo Launch Guest Media Network

Marriott, Yahoo Launch Guest Media Network

Today in the connected economy, hotel chain Marriott joins forces with Yahoo to launch a media network that lets advertisers reach guests with targeted commercials. Plus, Uber unveils several new ridesharing features, and Plaid partners with VGS to provide tokenization services. Marriott Launches Media Network That Lets Ads Reach Travelers Marriott is working with Yahoo to launch a media network that lets advertisers target guests at the hotel chain using their consumer data. The Marriott… Source link

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Big tech is fighting a new Texas law targeting social media — here’s what happens next

Big tech is fighting a new Texas law targeting social media — here’s what happens next

After a controversial new social media law went into effect Wednesday in Texas, the Supreme Court began weighing Big Tech’s emergency request to put it on hold as the tech industry fights the legislation. Texas statute HB 20 requires large platforms like Twitter (TWTR), Meta’s Facebook and Instagram (FB), TikTok, and YouTube (GOOG, GOOGL) to publish all user posts that express a “viewpoint.” Their industry lobbyists are challenging the statute on First Amendment and other grounds, and… Source link

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There’s no relief in sight for high gas prices

There’s no relief in sight for high gas prices

With gas prices averaging nearly $4.50 per gallon, distraught drivers might feel they’re due for a break. But gas prices seem likely to go higher, and maybe break $5 on average, as Russian oil disappears from the market and producers struggle to keep up with demand. “My expectation is it’s going to get worse for consumers,” Vicki Hollub, CEO of Occidental Petroleum, said at a May 13 online forum sponsored by the Dallas Federal Reserve Bank. “Spare capacity is at a multi-decade low…. Source link

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