Tag: business news
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We’re significantly trimming a stock that has not gone to plan
We’re selling half of our remaining position and downgrading the name to our sell-on-further-strength 3 rating.
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A healthcare provider is set up for a big move higher, according to the charts
Frank Cappelleri of CappThesis breaks down the technicals on this name.
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House set to pass sweeping Russia sanctions bill honoring Lindsey Graham
The Lindsey Graham Russia sanctions bill is on a path to become law after the House votes in favor.
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Senate is still a tossup, but Democrats now have slight edge, prediction market traders think
Traders on both Kalshi and Polymarket see Democrats with one of their best chances to flip the U.S. Senate since the contracts on the election opened.
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The Fed is expected to raise rates. There’s a bearish trade to be made on this homebuilder
Tony Zhang breaks down how he’s trading this homebuilder stock.
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Reddit co-founder says tech industry has been ‘tone deaf’ in explaining AI: ‘Misinformation flying around’
Alexis Ohanian said AI risks are more mundane than the “Terminator and Skynet” scenarios some fear.
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OpenAI investors have approached the company about a new funding round
OpenAI is gearing up for what is widely expected to be a blockbuster IPO next year, after it confidentially filed its prospectus in June.
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J.B. Hunt stock plunges 10% after company warns third-quarter earnings will fall
Shares of J.B. Hunt plunged more than 10% Wednesday after the company warned of an earnings drop between 5% and 10%.
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Ed Yardeni slashes S&P 500 target, says ‘proceed with caution’ in stocks as rates rise
The sharp rise in bond yields is making even the biggest market bulls nervous. Ed Yardeni is no exception.
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Tropical Smoothie Cafe is getting a makeover as it prepares for its ‘next 3,000’ locations
Tropical Smoothie Cafe unveiled new branding as it grows rapidly under the ownership of private equity firm Blackstone.
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