Tag: business news
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Stay away from this beer giant as Brazil ‘sin tax’ and post-World Cup hangover weigh on the stock, says Barclays
Belgian beer company Anheuser-Busch is trading at a premium it likely can’t sustain, the bank said.
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There’s a rerun move taking place in one of Josh Brown’s Best Stocks
The pattern developing in hotel and airline stocks right now is nearly identical to what played out in the spring, says Josh Brown.
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Comey asks judge to dismiss Trump ‘seashells’ case citing lack of ‘true threat’
Ex-FBI Director James Comey is charged with threatening to kill President Donald Trump by posting an Instagram photo of seashells forming the message “86 47.”
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Bond market flashing a warning signal for stocks
The key to the stock market’s future may lie in the hands of the bond market. Right now, that’s not looking good.
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Europe wildfire in pictures: Gigantic fire cloud engulfing France, Spain regions
A rare wildfire spreading across France’s Bordeaux region and has spread to Western Madrid is fire cloud that can generate its own thunderstorms.
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Rivian will emerge as big winner as robotaxi market grows, says Piper Sandler
The electric vehicle manufacturer is set to be a key player in future markets thanks to vertical integration, the investment firm said.
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Ford and General Motors get upgraded by Jefferies, which sees sharp gains ahead
The bank upgraded both automakers to buy from hold.
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Apple options are doing something unusual into earnings
After going nowhere for seven months, Apple stock is up 20% since its late-June low and less than two dollars below a fresh all-time record.
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Ford wants more customers to customize vehicles to boost profits as it eyes ‘Nike shoe drop’ moments
Ford is expanding its accessory and parts business in an effort to boost profits and better tap into the $53 billion U.S. automotive aftermarket industry.
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India’s Gen Z forced Modi to listen, respond and act — exposing chinks in the ruling party’s armor
In a rare occurrence, Modi’s government was forced to concede demands of Gen Z protesters, underscoring their rising influence in the country’s polity.
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