Day: January 17, 2023
Jim Cramer warns investors not to panic-sell reliable stocks
CNBC’s Jim Cramer told investors not to discard their traditional, steady stocks after Tuesday’s trading session. “It is so easy to panic out of stocks on the first sign of weakness,” he said, adding, “I’m urging the opposite.” related investing news The Dow Jones Industrial Average and S&P 500 fell on Tuesday on the back […]
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Peloton hires former Twitter executive as new head of marketing
Leslie Berland, chief marketing officer of Twitter Inc., speaks during the company’s #HereWeAre Women In Tech event at the 2018 Consumer Electronics Show (CES) in Las Vegas, Nevada, U.S., on Wednesday, Jan. 10, 2018. Patrick T. Fallon | Bloomberg | Getty Images Peloton is bringing in Leslie Berland, Twitter’s former marketing head, as its next […]
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Stock futures inch reduced as earnings season continues
A trader will work on the investing floor at the New York Inventory Trade (NYSE) in New York, August 3, 2022. Andrew Kelly | Reuters U.S. stock futures inched decrease on Tuesday night time. Futures tied to the Dow Jones Industrial Ordinary fell by 38 factors, or .11%. S&P 500 and Nasdaq 100 futures dipped […]
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Winners and losers in electric vehicles as Tesla possibly ignites a price war
Tesla’s decision to lower its prices has broad implications across the electric-vehicle industry — and may have started a price war. Tesla cut prices of the Model 3 and Model Y in the U.S. and Europe last Friday, which may help buyers qualify for more federal tax credits and boost sales volume. The Model 3 […]
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Vote for your most loved 2023 “Rapidly Cash” trader acronyms
Rapidly Income Vote for your beloved 2023 “Quick Cash” trader acronyms Revealed Tue, Jan 17 20234:52 PM ESTUp to date Moments Ago Natalie Zhang@nat_zhang Observe Dwell Supply
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FTX claims $415 million of crypto was hacked
FTX logo exhibited on a phone display is witnessed by means of the damaged glass in this illustration image taken in Krakow, Poland on November 14, 2022. Jakub Porzycki/NurPhoto by way of Getty Images Bankrupt crypto firm FTX said on Tuesday that $415 million well worth of crypto was hacked from the exchange’s accounts, symbolizing […]
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Moderna says RSV vaccine is 84% effective at preventing disease in older adults
A woman receives a booster dose of the Moderna coronavirus disease (COVID-19) vaccine at a vaccination centre in Antwerp, Belgium, February 1, 2022. Johanna Geron | Reuters Moderna on Tuesday said its vaccine targeting respiratory syncytial virus is effective at preventing disease in older adults. The vaccine was 83.7% effective at preventing lower respiratory tract […]
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United results top estimates as demand remains resilient despite high fares
A grounds crew member directs an United Airlines airplane to a gate at Terminal A at Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Thursday, Jan. 12, 2023. Aristide Economopoulos | Bloomberg | Getty Images United Airlines‘ fourth-quarter profit and outlook for early 2023 topped Wall Street estimates thanks to strong demand […]
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Fake billionaire Justin Costello could plead guilty in $35 million fraud case, court filing indicates
A former fugitive accused of falsely telling investors he was a billionaire, a Harvard MBA, and a special forces veteran appears set to plead guilty on Wednesday in connection with an alleged $35 million fraud, a court filing suggests. Would-be cannabis mogul Justin Costello, 42, is accused in federal court in Washington state of swindling […]
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Gen Z is driving luxury sales as wealthy shoppers get younger
Peter Cade | Stone | Getty Images Luxury shoppers are getting wealthier and younger, with purchases by some of the newest consumers expected to grow three times faster than older generations over the next decade, according to a new report. Generation Y, also known as millennials, and Generation Z accounted for all of the luxury […]
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