STOCK

Sep 09 2024FINANCE

Will a Softer CPI Report Trigger a Tech Stock Tsunami?

This week's inflation report is set to be a market-mover, especially after last week's less-than-stellar job report. Could it spark a chain reaction, hurting the tech sector, particularly in semiconductors? The Fed is walking a tightrope. Inflation is slowing, and the labor market is softening, put

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Sep 08 2024FINANCE

Toy Story or Trading Strategy? Roaring Kitty's Latest Move Raises Eyebrows

Roaring Kitty, the internet-famous investor who once sent GameStop shares soaring, is back in the headlines. But this time, it's not about a meme stock. His latest social media post, a tweaked scene from Toy Story featuring a dog being dropped, has sparked speculation about his holdings in Chewy, G

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Sep 08 2024BUSINESS

Pickleball: The Sport That's Picking Up Pace

Is America's new favorite pastime about to give Life Time Group Holdings a major boost? Bank of America analyst Alexander Perry certainly thinks so. In a recent note to clients, Perry reiterated his buy rating on the upscale fitness and lifestyle company, raising his price target by $1 to $30. W

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Sep 08 2024FINANCE

MicroStrategy's Big Bitcoin Bet: Brilliant or Batshit?

MicroStrategy (NASDAQ:MSTR) has been on a wild ride lately, thanks to its unconventional strategy of using cash from its business intelligence software operations to gobble up $13 billion worth of bitcoin (BTC-USD). Barclays analyst Ramsey El-Assal is bullish on the approach, likening MSTR to a BTC

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Sep 06 2024OPINION

Wage War: How CEOs' Fat Paychecks Are Fueling Political Divides

It seems we can't agree on anything these days. But one thing that unites a divided nation? The outrage over CEO pay gaps so wide they make the Grand Canyon look like a pothole. A recent survey found that Democrats, independents and Republicans all think businesses should shrink their CEO-to-worker

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Sep 06 2024BUSINESS

Is the Sphere's Future as Bright as its Lights? A Closer Look at the Entertainment Giant's Challenges

The Sphere, a dazzling new entertainment venue in Las Vegas, has been making waves since its opening. But is this innovative space truly a game-changer, or are there cracks in its seemingly perfect facade? Analysts at Benchmark are raising some serious red flags, downgrading Sphere Entertainment C

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Sep 06 2024FINANCE

Analysts are Buzzing: Are Sphere Entertainment and REA Group Ltd. Worth the Hype?

Two analysts have recently showered praise on Sphere Entertainment (SPHR) and REA Group Ltd (RPGRF), sending their stock prices soaring. But before you jump on the bandwagon, consider this: Are these analysts right, or are we seeing a case of blind optimism? Let's break it down: * SPHR: Seaport

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Sep 06 2024FINANCE

SoFi: Riding the Rate Wave - A Tailwind or a Mirage?

SoFi, a financial technology company, is seeing a potential surge in demand thanks to anticipated interest rate cuts. The article argues that declining consumer loan delinquency rates and the expectation of lower interest rates will fuel refinancing demand for mortgages and student loans. This, in

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Sep 06 2024BUSINESS

Is $23 Enough? Nordstrom Family's Takeover Offer Sparks Debate

The Nordstrom family is back with a $23 per share offer to take the department store chain private. But is it a fair deal? A Jefferies analyst says it is, calling the price 'fair and balancing the difficult operating environment with the company's long-term growth potential and strong brand.' But

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Sep 06 2024FINANCE

Is 'Bad News Good News' in the Market? The Fed's Balancing Act and What It Means for You

The stock market is in a bit of a pickle, folks. It's gone from 'good news is bad news' to 'bad news is bad news' in a blink. Remember how investors used to cheer for weak economic data because it meant the Fed might keep interest rates low? Well, times have changed. Now, everyone's expecting the F

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