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Oct 27 2024BUSINESS

Tech Giants in the Spotlight as Profit Growth Slows

This week, the tech giants of the S&P 500 Index are gearing up to report their third-quarter earnings. Companies like Apple, Nvidia, Microsoft, Alphabet, and Amazon are facing a new reality: slower profit growth. While they are still projected to see an average increase of 19%, this is lower than pa

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Oct 27 2024POLITICS

Election Signals from the Stock Market

As the US presidential election nears, all eyes are on the race between Kamala Harris and Donald Trump. Initially, Harris seemed to have the upper hand, but the stock market tells a different story. Investors are anxious about the election, and some believe that a stable market in the week leading u

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Oct 27 2024FINANCE

SS&C Technologies: Solid Growth, Uncertain Future

Yesterday, SS&C Technologies Holdings (SSNC) caught the attention of Wall Street again. Analyst James Faucette from Morgan Stanley took a close look and decided to maintain a Hold rating on the stock. He set a price target of $70. 00. But why the Hold rating? Let's dive in. SS&C Technologies is doi

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Oct 27 2024FINANCE

The Big Tech AI Showdown: Trick or Treat?

It's Halloween season, and the tech world is about to reveal its biggest secrets. Major players like Google, Microsoft, and Meta are set to report their earnings, showing whether their massive investments in artificial intelligence (AI) are paying off or just wasting cash. This earnings quarter, dub

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Oct 27 2024FINANCE

Tesla Stock Soars, Hits 13-Month Peak

Tesla's stock had a stellar week, closing at its highest price in 13 months. On Friday, shares jumped by 3. 4%, ending the day at $269. 19. This uptick came after a massive 22% surge on Thursday, following Tesla's impressive third-quarter earnings report. The company, led by Elon Musk, exceeded anal

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Oct 27 2024FINANCE

Nasdaq Reaches Peak

The Nasdaq stock market hit its highest value ever. This milestone is significant because it shows investor confidence in tech and growth companies. The rise was driven by big tech stocks like Apple and Amazon, which have performed exceptionally well in recent times. Investors might wonder if this

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Oct 26 2024ENTERTAINMENT

ROSÉ & K-Pop Stocks on the Rise: A Weekly Wrap-Up

This week was a big one for K-pop companies. YG Entertainment, the home of BLACKPINK’s ROSÉ, saw its stock jump after her new song with Bruno Mars hit it big. ROSÉ's "APT" topped global charts, raking in millions of streams in just days. Other K-pop giants like SM Entertainment and HYBE also saw the

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Oct 26 2024TECHNOLOGY

Why Microsoft’s CEO Cut His Pay After Major Hacks

Microsoft’s CEO, Satya Nadella, took a significant step last year. He decided to reduce his pay despite the company’s fantastic financial performance. This bold move came after a series of serious cyberattacks hit Microsoft. It’s like he said, “Hey, I’m the boss, and it’s my responsibility to make s

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Oct 26 2024BUSINESS

Microsoft CEO’s Pay Soars Despite Requesting a Cut

Imagine this: Microsoft's boss, Satya Nadella, actually asked for a pay cut. But did it happen? Nope! His total compensation jumped by 63% to a whopping $79 million in fiscal 2024. Why the big increase? Well, his salary did drop by 50%, but other parts of his pay, like stock awards, skyrocketed. Thi

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Oct 26 2024FINANCE

Tesla's Stock Roller Coaster: Making Money from Volatility

Tesla's stock saw a big jump after its earnings report, making investors happy. This jump was so big that it caused a lot of people who bet against Tesla to rush out and buy the stock. This rush made the stock's price change a lot, which is what we call "volatility. " With this volatility, investors

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