Markets
These are RBC’s top ideas for long-term investors heading into the second quarter
Here are 10 high conviction stocks RBC likes heading into the second quarter. Source
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Climate change could cost U.S. $2 trillion each year by the end of the century, says White House
Dry cracked earth is visible in an area of Lake Powell that was previously underwater on March 28, 2022 in Page, Arizona. As severe drought grips parts of the Western United States, water levels at Lake Powell dropped to their lowest levels since the lake was created by damming the Colorado River in 1963. Justin […]
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Elon Musk thumbs his nose at the SEC again with Twitter stake
Entrepreneur and business magnate Elon Musk gestures during a visit at the Tesla Gigafactory plant under construction, on August 13, 2021 in Gruenheide near Berlin, eastern Germany. Patrick Pleul | AFP | Getty Images The Securities Exchange Commission has another reason to come after Elon Musk. The world’s richest man disclosed Monday that he’s acquired […]
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Twitter on track for its best day since IPO after Musk buys in
Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. Patrick Pleul | picture alliance | Getty Images Twitter stock is on track for its best day since its IPO, with shares up more than 29%, after an SEC filing revealed Musk acquired a 9.2% passive stake in the […]
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Investing Club: Here’s our April rapid-fire update on all 33 stocks in Cramer’s Charitable Trust portfolio
Ahead of our Monthly Meeting this Thursday, we are providing the Club with a quick refresher on all the holdings in the portfolio. Source
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Stocks making the biggest moves midday: Twitter, Starbucks, Tesla and more
Andrew Burton | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Twitter — The social media company soared 26.6% after a filing revealed that Elon Musk has taken a 9.2% passive stake in the firm, worth about $2.9 billion. The purchase came weeks after the Tesla CEO polled […]
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Why Starbucks shareholders are taking the buyback suspension so hard
The coffee giant is one of the few companies that has aggressively bought back stock and succeeded in reducing their share count over the years Source
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Britain announces plans to mint its own NFT as it looks to ‘lead the way’ in crypto
In this photo illustration a novelty Bitcoin token is photographed on £10 notes. Matt Cardy | Getty Images LONDON — The U.K. government on Monday announced plans to mint its own non-fungible token, as part of a push toward becoming a “world leader” in the cryptocurrency space. Finance Minister Rishi Sunak has asked the Royal […]
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Loop Capital downgrades Crocs, says investors should take a wait-and-see approach
Analysts downgraded Crocs to hold, saying a return to socializing could dampen sales in the comfortable footwear brand. Source
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Goldman is worried this could be like the 1970s and is recommending these stocks
The recent yield curve inversion has a strong analogue in 1973, according to Goldman Source
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