Finance
Stocks often drop in September — but many investors shouldn’t care
Key Points September is historically weak for U.S. stocks. However, long-term investors likely shouldn’t sell out of the market. The seasonal weakness was tied to banking and farming practices before the early 1900s. Nowadays, it’s likely entrenched in investor psychology, experts said. Source
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Stocks making the biggest moves midday: Moderna, Uber, Boeing, Adobe and more
Check out the companies making headlines in midday trading. Moderna — Shares of the vaccine maker pulled back more than 3% following a downgrade to underweight from JPMorgan . The firm cited Moderna’s changes to its revenue forecast as a headwind to the stock’s performance moving forward. Oracle – The stock rose nearly 2% after […]
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Hedge fund billionaire and Trump donor John Paulson says market would ‘crash’ under Harris tax plans
watch now VIDEO6:3506:35 Hedge fund billionaire John Paulson says market would ‘crash’ under Harris tax plans Money Movers Hedge fund billionaire John Paulson, who made a name for himself by betting against the housing market during the financial crisis and who is today a prominent supporter of former President Donald Trump, said there could be a […]
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Stocks making the biggest moves premarket: Boeing, Oracle, Moderna and more
Check out the companies making headlines before the bell. Boeing — The stock sank 4% after Boeing factory workers went on strike early Friday after rejecting a new labor contract. The work stoppage will impact production of most aircrafts, including the 737 Max. Oracle — Shares of the database software company rallied more than 6%. […]
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China’s plan to boost consumption by encouraging trade-ins has yet to show results
Key Points China’s plan to boost consumption by encouraging trade-ins has yet to show significant results since it was announced in late July, businesses said. “We are not aware of companies that have seen this translate, since the promulgation of the measures, into concrete incentives on the ground in China,” Jens Eskelund, president of the EU […]
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Stocks making the biggest moves after hours: Adobe, RH, Oracle and more
In this article RH ORCL ADBE APTV Follow your favorite stocksCREATE FREE ACCOUNT External view of the stand where Adobe Digital Imaging Evangelist Director, Photoshop & Lightroom Julieanne Kost conduct a Lightroom workshop at Xposure on February 29, 2024, in Sharjah, United Arab Emirates. Horacio Villalobos | Corbis News | Getty Images Check out the […]
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Here’s the deflation breakdown for August 2024 — in one chart
Key Points Deflation, contrary to inflation, is when prices fall for certain goods and services. Deflation tends not to occur across the overall U.S. economy outside of recessions. However, consumer prices have fallen in some categories, such as cars, household furniture and appliances, airfare, and certain groceries since August 2023, according to the consumer price […]
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Stocks making the biggest moves midday: Kroger, Petco, Moderna, Roku and more
Check out the companies making headlines in midday trading. Kroger – Shares of the supermarket chain rallied more than 4%. Kroger reported mixed fiscal second-quarter results, posting adjusted earnings that beat expectations by 2 cents a share. Revenues came up shy of Wall Street’s estimates. Petco — Shares of the pet retailer soared 14%. That […]
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Stocks making the biggest moves premarket: Moderna, Alaska Air, Oxford Industries and more
Check out the companies making headlines before the bell: Alaska Air Group — Shares gained 5% after Alaska Air Group raised its third-quarter outlook, citing strong summer demand. The airline guided for per-share earnings in the range of $2.15 and $2.25, greater than prior guidance of $1.40 to $1.60 earnings per share. Moderna — Shares […]
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