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Nov 11 2024FINANCE

Bitcoin Hits New High, Stocks Mixed as China's Stimulus Disappoints

Bitcoin broke records, jumping over $82, 000 on Monday. This comes after the digital coin's rally, fueled by former President Donald Trump's pro-crypto stance. Meanwhile, European markets surged, catching up with last week's Wall Street rally. The DAX in Germany rose 1. 2%, while the CAC 40 in Franc

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Nov 09 2024FINANCE

Streaming Stocks Soar After Election as Spotify Hits All-Time High

Spotify, the music-streaming giant, achieved a significant milestone. Its stock closed above $400 for the first time ever on November 8th. The company, based in Stockholm, Sweden, now carries a valuation close to $80. 5 billion. This comes after a notable increase of 113% in its stock price this yea

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Nov 07 2024FINANCE

Stocks on the Rise: Crypto, Tech, and Auto Firms Benefit from Trump's Reelection

In the blink of an eye after the election results were out, the stock market jumped up. The Dow Jones Industrial Average was up by more than 3 percent, and the Nasdaq Composite and S&P 500 weren't far behind, rising by nearly 2 percent. Crypto In the crypto world, things got really exciting. The p

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Nov 06 2024POLITICS

Trump's Win: Profits for Controversial Businesses

Donald Trump's victory in the presidency has led to a surge in stocks for certain businesses, many of which have been controversial. Let's start with Donald Trump's own business, Trump Media & Technology Group. Its stock crashed as the election results were coming in, but it rebounded strongly once

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Nov 02 2024BUSINESS

The Tech Titans Redefining Market Growth

You might have heard of "The Magnificent Seven, " a classic Western film about a band of heroes. Well, in the world of finance, there's a new Magnificent 7 too! But these heroes aren't fighting bandits; they're tech companies driving market growth. Bank of America's Michael Hartnett coined this phra

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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 2024BUSINESS

AI Stocks Take a Hit: Microsoft and Meta's AI Spending Shocks the Market

Thursday was a rough day for tech investors as stocks related to AI took a nosedive. The culprits? Microsoft and Meta, two giants in the tech world, both signaled that they'll need to spend big on AI in the future. This news didn't sit well with investors, who had been hoping for more growth. Micro

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Oct 30 2024BUSINESS

AI Growth: A Casual Look at Some Favorite Stocks

You've probably heard a lot about AI stocks this year. They've been doing really well, and UBS thinks there's still a lot of room to grow. Let's start with Nvidia, a big name in chips. This year alone, it's gone up by almost 186%! That's way more than the S&P 500's rise of 22% in 2024. UBS says we'r

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Oct 30 2024POLITICS

Investing Wisely: Trends, Tech Stocks, and Election Impact

Investors are looking ahead to a big week in tech earnings. Stocks like Alphabet, Apple, and Amazon are already at record highs, and experts expect more growth. AI spending by these companies is also a hot topic. While AI might not show immediate results, it's seen as a long-term positive for the ma

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Oct 30 2024FINANCE

Google: Should You Buy Before Earnings?

Investing in Google before they release their earnings report can be a tricky decision. Many investors, including a seasoned equity research analyst, prefer to stay cautious and wait for the earnings announcement to understand how the company's management handles any uncertainties. This analyst, who

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