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 Thursday, June 3, 2021 AMC shares double on Wednesday When the market moves at the speed of AMC (AMC) it can be hard to keep up. But all we can tell readers for sure is that the Meme Market is back. On Wednesday alone, AMC shares nearly doubled, rising 95% to close at a record $62.55. AMC’s market cap is now just north of $28 billion. Since the… Source link
Read More »Stock market correction is likely in 12 to 36 months: CFA Institute
TipRanks Oppenheimer: These 2 Stocks Have Triple-Digit Gains in Sight When the best talk, people listen. It works in all walks of life, but especially the stock market. Investors are keen to read the latest stock reviews from Wall Street’s professional analysts, but knowing who’s the best is the place to start. Covering the markets for investment firm and brokerage Oppenheimer, Colin Rusch has built a reputation that puts him at the top of the Street’s analyst corps. He’s currently… Source link
Read More »The bull market in news is over. Now what?
WASHINGTON, DC – FEBRUARY 29: U.S. President Donald Trump takes questions as Vice President Mike Pence looks on during a news conference at the James Brady Press Briefing Room at the White House February 29, 2020 in Washington, DC. Department of Health in Washington State has reported the first death in the U.S. related to the coronavirus. (Photo by Alex Wong/Getty Images) It was a bit of a moment for me. The scene is early February 2017 and I’m chatting with Rupert Murdoch and Peter Thiel… Source link
Read More »AMC surpasses $12B market cap as Redditor asks if it can go ‘to the moon’
TipRanks Billionaire George Soros Picks Up These 3 “Strong Buy” Stocks Some investors achieve legendary status, rising far above their peers on a combination of luck and success. Perhaps no one exemplifies this more than George Soros, the Holocaust survivor who, after the war, earned a doctorate from the London School of Economics and went into the banking industry to make his mark. He was wildly successful. The hedge fund he founded, Soros Fund Management, earned an average annualized… Source link
Read More »Bitcoin breaks above $40,000 as market rallies
‘Bitcoin prices continue to recover from their recent hangover,’ said one expert. Photo: Getty Images Cryptocurrencies are continuing to recover from the weekend sell-off, with bitcoin crossing the $40,000 (£28,258) mark. It still remains far from its record-high of $63,000 though, which it hit earlier this year. Bitcoin (BTC-USD) was up 4.2% to trade at $40,500 on Wednesday morning. Ethereum (ETH-USD), the second-biggest cryptocurrency by market cap, was up roughly 9.4%, trading at $2,896…. Source link
Read More »Germany Targets Google Market Power in Expansion of Tech Rules
Germany’s competition regulator is investigating whether Google is dominant enough to be subject to the country’s new digital-competition law, broadening its efforts to brandish new powers against companies including Amazon.com Inc. and Facebook Inc. Germany’s Federal Cartel Office said Tuesday that it has opened a probe into whether Google, the main unit of Alphabet Inc., is of “paramount significance for competition across markets.” That… Source link
Read More »Restaurant Point-of-Sale Terminal Market Size Worth $25.95 Billion By 2028: Grand View Research, Inc.
TipRanks Goldman Sachs: These 3 Stocks Are Poised to Surge by Over 100% Markets are beset by volatility, with unpredictable swings making recent sessions something of a roller coaster. The main indexes were falling sharply at the end of last week, but Friday’s release of economic data showing strong manufacturing activity provided a boost that pared back the market losses somewhat. The recent earnings season also gave reason for optimism – the S&P listed companies, collectively, reported… Source link
Read More »James Hardie Industries plc CEO Dr. Jack Truong Appears on Yahoo Finance’s “Market Close” on May 19, 2021
James Hardie Industries plc (ASX: JHX; NYSE: JHX), the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions, today announced that its Chief Executive Officer, Dr. Jack Truong, participated in an interview with Yahoo Finance’s “Market Close” on Wednesday, May 19, 2021 New York City, USA time. To watch the segment click : https://finance.yahoo.com/video/james-hardie-ceo-companys-earnings-212829340.html Forward-Looking Statements This Media… Source link
Read More »James Hardie Industries plc CEO Dr. Jack Truong Appears on Yahoo Finance’s “Market Close” on May 19, 2021
SYDNEY–(BUSINESS WIRE)–James Hardie Industries plc (ASX: JHX; NYSE: JHX), the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions, today announced that its Chief Executive Officer, Dr. Jack Truong, participated in an interview with Yahoo Finance’s “Market Close” on Wednesday, May 19, 2021 New York City, USA time. To watch the segment click : Source link
Read More »Tesla already ‘biggest short in the market’ as Burry piles on: S3 Partners
Bloomberg AT&T’s WarnerMedia, Discovery to Merge in Blockbuster Deal (Bloomberg) — AT&T Inc. agreed to spin off its media operations in a deal with Discovery Inc. that will create a new entertainment company, merging assets ranging from CNN and HBO to HGTV and the Food Network.The transaction values the combined entity at about $130 billion including debt, based on WarnerMedia’s estimated enterprise value of more than $90 billion.AT&T will receive $43 billion in cash, debt securities and… Source link
Read More »