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Dec 08 2024FINANCE

Tesla's Trump Boost: Why Analysts See a Bright Future

You might be surprised to hear that Tesla's future is looking sunny, especially after Elon Musk's support for Donald Trump. Analysts at Roth MKM are really optimistic about Tesla's prospects. They've even upgraded their rating for Tesla shares to a "buy", and they think the stock could reach $380. T

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Dec 07 2024FINANCE

TurboTax in 2025: A Smarter Way to Handle Your Taxes

In 2025, TurboTax is revamping its AI system, Intuit Assist, to make tax filing a breeze. The upgrade allows it to handle a variety of tax documents effortlessly, all while saving users time. New users can also easily transfer their tax info from other services, making the switch hassle-free. Intui

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Dec 07 2024FINANCE

Bank's Handling of Prepaid Cards Draws Scrutiny

Comerica Bank is in hot water with the Consumer Financial Protection Bureau (CFPB). The bank had a deal with the U. S. Treasury to manage federal benefits on prepaid debit cards, used mainly by the elderly and disabled. But the CFPB says Comerica hasn't been treating these customers fairly. Since 20

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Dec 06 2024FINANCE

AMC Shares Tumble: Investors React to New Stock Sale Plan

This morning, AMC Entertainment's stock took a 7% nosedive in early trading. The cause? The movie theater giant announced plans to sell up to 50, 000 shares. The company aims to beef up its financial standing and invest in enhancements, such as better seating and screens. CEO Adam Aron's "GO Plan" i

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Dec 06 2024FINANCE

How ESG Performance Boosts Corporate Investments in China

Did you know that a company's commitment to environmental, social, and governance (ESG) factors can significantly improve its investment decisions? In China, researchers looked into how well companies perform in terms of ESG and how it impacts their investment efficiency. They used data from Chinese

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Dec 06 2024FINANCE

Will a Securities Boss Slow Down the Crypto Craze?

You've probably heard that the new SEC chief, Paul Atkins, could be great for the crypto world. President Trump sure thinks so, saying Atkins understands the importance of digital assets. This has led to a huge Bitcoin boom, with prices soaring to over $100, 000 in just a year. Crypto fans are excit

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Dec 06 2024FINANCE

Bitcoin’s $100, 000 Milestone: A Trump-Powered Boost

Bitcoin has reached $100, 000 for the first time, driven by hopes for favorable regulations under President-elect Trump. The price jumped by 6. 1% on Thursday, exceeding $103, 800 and rising over 50% since Trump’s election victory in November. Trump nominated crypto advocate Paul Atkins to lead the

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Dec 06 2024FINANCE

Lululemon's Global Gains: What's Up with Sales?

Lululemon, the popular athletic apparel brand, has seen some interesting shifts in sales. While growth in the U. S. is slowing down, the company is making big strides abroad. This international success has led to a 9% increase in overall sales compared to last year. The company just shared its finan

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Dec 05 2024FINANCE

Bitcoin's Surge: How Jerome Powell's Take on Crypto Matters

You might not expect the Federal Reserve Chair, Jerome Powell, to influence bitcoin's value. But during a recent talk with CNBC, Powell’s comments gave bitcoin a boost. He revealed he doesn't own any crypto and noted that the Fed can't control it. But when he compared bitcoin to gold, people took no

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Dec 05 2024FINANCE

Why Crypto Donations Are Becoming a Big Deal

You might have heard that people are donating more cryptocurrency to charities lately. But why is this happening? Well, crypto investors are finding out that it can be really beneficial. Kyle Casserino, who works at Fidelity Charitable, a charity that accepts bitcoin, ethereum, and litecoin, says th

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