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Nov 05 2024FINANCE

Market Fluctuations Hint at Possible Harris Win

On Monday, the market showed signs that could suggest some investors believe Vice President Kamala Harris might become the next president. CNBC's Jim Cramer explained that while the polls are close, some traders think Harris could pull off a win. They might be reacting to a surprising poll from Iowa

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Nov 04 2024FINANCE

Nvidia's Impact on the Dow: What to Expect

Nvidia is soon to join the Dow Jones Industrial Average, and it's making waves. The chipmaker, known for its AI prowess, has surged in market value, even outpacing tech giants like Microsoft and Apple. But what does this mean for the Dow? Unlike other indices, the Dow is price-weighted, so it's all

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Nov 04 2024FINANCE

Stock Markets Boosted by China's Economic Meeting and Oil Price Gains

Asia's stock markets were mostly on the rise on Monday, buoyed by China's leaders convening for a significant economic conference. This meeting is expected to bring fresh support for the world's second-largest economy, sparking a positive vibe among investors. The OPEC+ nations also announced they w

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Nov 04 2024FINANCE

Bitcoin's Price: Will the U. S. Election Make or Break It?

Bitcoin is flirting with a new record high, but the U. S. election might put a temporary hold on that. In October, Bitcoin closed above $70, 000 for the first time since March, but it's been struggling to stay there. The focus now is on the U. S. presidential election. Investors are worried that the

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Nov 03 2024FINANCE

Interest Rates: A Post-Election Puzzle

The Federal Reserve is set to lower interest rates this week, but this time it's not about boosting a struggling economy. Instead, they're responding to lower inflation rates. The upcoming presidential election might not change this decision right away, but the winner could influence what the Fed do

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Nov 02 2024FINANCE

Warren Buffett's Apple Stake: A Notable Shift

Warren Buffett, often dubbed the Oracle of Omaha, has significantly reduced his ownership in Apple over the past few quarters. According to Berkshire Hathaway's third-quarter earnings report, released on a Saturday morning, the company held around $69. 9 billion worth of Apple shares by the end of S

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Nov 02 2024FINANCE

Berkshire Hathaway's Cash Mountain: Buffett Ditches Stocks and Hits Pause on Buybacks

Warren Buffett, the 94-year-old investment guru, continues to flex his financial muscle by building Berkshire Hathaway's cash reserve. By the end of September, the company's cash pile reached an astounding $325. 2 billion, a $48. 3 billion increase from the previous quarter. This cash boost is large

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Nov 02 2024FINANCE

Investing Wisely: Stock Picks for the 2024 U. S. Presidential Election

Elections can shake up stock markets, and the upcoming Trump vs. Harris race is no exception. Value investors are always on the lookout for bargains. Let's dive into some promising companies to consider adding or avoiding in your portfolio. Remember, investing is a marathon, not a sprint. Always st

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Nov 01 2024FINANCE

How Will Storms and Strikes Impact the Job Numbers?

Economists are eagerly awaiting the October jobs report, but they're not sure what to expect. Two major hurricanes and several strikes might have thrown a wrench into the usual job numbers. It's so uncertain that some experts even think we might see a drop in jobs! These natural disasters and labor

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Nov 01 2024FINANCE

Investing Based on U. S. Presidential Election Outcomes

The upcoming U. S. presidential election is generating interest in certain stocks that could perform well based on who wins. According to Strategas, former President Donald Trump and Vice President Kamala Harris have stark differences in their policies, particularly in areas like trade, foreign poli

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