Tag Archives: Stock

What Does Google’s Stock Split Mean for Investors?

What Does Google’s Stock Split Mean for Investors?

For the second time in its history Google’s parent company, Alphabet (GOOGL) (GOOG), is set to split its stock for the second time in its history.  The 20-for-1 split means Alphabet investors will receive an additional 19 shares for each one they already own. It will be the company’s first stock split since April 2014, when it split its shares 1,998-for-1,000. Google Stock Split Date The Google stock split is set to take place after the market’s close on July 15. Alphabet’s Stock… Source link

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The world’s largest asset manager just cut its outlook for the stock market

The world’s largest asset manager just cut its outlook for the stock market

BlackRock (BLK) has downgraded its outlook for stocks amid increasing economic uncertainty and persistent inflation. Strategists at BlackRock’s Investment Institute said Monday the firm cut its exposure to developed market equities, citing aggressive intervention by central banks to tame rising prices across the global economy. “Right now, we think the Fed has boxed itself in by responding to political pressures to rein in inflation,” strategists led by Jean Boivin said in a note… Source link

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How Elon’s bizarre Twitter takeover saga could have just been a cover for him to sell $8.5 billion in Tesla stock

How Elon’s bizarre Twitter takeover saga could have just been a cover for him to sell $8.5 billion in Tesla stock

Elon Musk on Friday announced he was backing out of his $44 billion Twitter acquisition bid, blaming the social media platform’s alleged lack of transparency regarding bots on the site. As both sides prepare for a lengthy court battle, some Twitter influencers are floating an alternate theory for the change of heart: The bots were never the problem, merely a vehicle through which to covertly sell Tesla options that were about to expire. “Entire thing was a clever ruse to SELL + LIQUIDATE $8.5… Source link

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Zurcher Kantonalbank Zurich Cantonalbank Boosts Stock Position in Yandex (NASDAQ:YNDX)

Zurcher Kantonalbank Zurich Cantonalbank Boosts Stock Position in Yandex (NASDAQ:YNDX)

Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Yandex (NASDAQ:YNDX – Get Rating) by 7.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 112,242 shares of the information services provider’s stock after purchasing an additional 7,721 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Yandex were worth $1,698,000 as of its most recent SEC filing. A number of other hedge funds have… Source link

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Why Roblox stock is on fire

Why Roblox stock is on fire

The weather isn’t the only thing warming up in July. Roblox stock is surging as well. Roblox stock is up 25% over the last month, including a 14% move higher on strong volume on Tuesday despite a broader market pullback, and have continued to trek higher as the week has raged on. The metaverse gaming play has been one of the hottest tickers on the Yahoo Finance platform. Analysts pin the move on a few factors. “I think that part of it is that the third-party data that we have been hearing about… Source link

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Why Goldman is still very cautious on the stock market

Why Goldman is still very cautious on the stock market

The market’s challenges may persist, prompting Goldman Sachs to stay cautious on recommending stocks even though they are at far cheaper levels than six months ago. “Until the growth/inflation mix improves volatility is likely to linger as investors are shifting between inflation frustration and recession obsession,” Goldman Sachs strategist Christian Mueller-Glissmann wrote in a new note to clients, adding that Goldman is positioned “defensively” for the next three months until macroeconomic… Source link

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Doomed Stock Rally Burns Fewer Bulls After $10 Billion ETF Exit —

Doomed Stock Rally Burns Fewer Bulls After $10 Billion ETF Exit —

(Bloomberg) — Stock dip-buyers across the ETF world have vanished after seeing their account balances ravaged too many times in the 2022 meltdown. Most Read from Bloomberg Three times, to be specific. That’s the number of 5% bounces that have failed to endure in the S&P 500 this year — luring billions of dollars to exchange-traded funds in every rebound. Not this time. As the S&P 500 jumped more than 6% through Friday from its 2022 trough, roughly $10 billion was pulled out of equity funds,… Source link

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