Tag: Breaking News: Markets
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CoreWeave counters a key bear case on the AI trade. What it means for our data center stocks
CoreWeave is seeing strong demand for six-year-old Nvidia chips, helping justify all the current AI capex.
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Saudi Arabia ramps up oil exports through Mediterranean pipeline to avoid attacks in Red Sea
Oil exports from Egypt’s Mediterranean port of Sidi Kerir have more than doubled. The crude is mostly from Saudi Arabia, according to Kpler.
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CEO of Intel just gave Jim Cramer one more reason to call it his favorite stock
Intel on Wednesday revealed CEO Lip-Bu Tan as a big buyer in the massive stock sale that the company announced this week.
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The S&P paces to snap a 2-day skid, and Goldman beefs up its asset management unit
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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‘Nobody wants it’: Lettuce prices see record-setting plunge as cyclospora spooks consumers
Lettuce prices posted their sharpest month-over-month decline on record as diners reconsider the vegetable amid the cyclospora outbreak.
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SpaceX short sellers are running out of bullets as stock rebounds more than 40% off low
Short interest in SpaceX fell to about 11% of the company’s publicly traded shares Wednesday, down sharply from a peak of 34% last week, according to S3.
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Starbucks is close to the top of its multiyear range. The charts show it could break out higher
Frank Cappelleri breaks down the technicals on the coffee chain.
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Strait of Hormuz ship traffic near three-month low as U.S.-Iran deal in doubt
Traffic is about 90% lower than the daily average of 130 ships that transited Hormuz before the U.S. and Israel attacked Iran on Feb. 28.
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We’re encouraged by Wednesday’s benign inflation data and strong neocloud earnings
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
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The stock market’s tranquility is almost unprecedented. That’s a red flag for Michael Burry
The high-profile investor said major market cycles can take months or even years to unfold, making timing them dangerous for investors using leverage.
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