Tag: business news
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Prologis CEO says data centers are ‘one of the largest value creation opportunities’
Prologis CEO Dan Letter said data centers represent “one of the largest value creation opportunities in the company’s history.”
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MSGS stock to get boost if Knicks can stretch Spurs series to game 6, Guggenheim says
Guggenheim raised its price target on MSG Sports, saying a Knicks-Spurs NBA Finals Game 6 could add over $15 million in revenue.
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Kalshi wants small businesses to hedge like Wall Street. A NYC bar is trying it with Knicks promotion
A local bar on the Upper East Side is the first small business to hedge with Kalshi over a Knicks game on Wednesday.
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Historic stock rally faces key test
Two key tech companies reporting earnings after the bell could determine the next move higher or lower.
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A classic strategy that could yield big dividends
Packaging Corp of America (PKG) is an old-school, brick-and-mortar industrial business.
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This lagging payroll stock is in comeback mode as it completes bottoming process
Frank Cappelleri looks at this payroll stock that sits between the software and industrial sectors.
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Social Security benefit cuts could average $500 a month for retirees if trust fund runs dry, report finds
Social Security faces a looming depletion date for its retirement trust fund. A new report looks at how much benefit cuts Americans may see to their benefits.
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Beware SpaceX buyers: Major IPOs are typically a rough ride in the first year
A review of 30 major IPOs over the past 15 years shows companies tend to have a rough start, according to Truist Wealth.
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Uber slashes people division by nearly a quarter. CEO says ‘changes are necessary’
Uber said the cuts were not driven by AI, which has allowed many tech businesses to cut costs and automate workloads
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