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Stocks making the biggest moves midday: Credit Suisse, First Republic Bank, Halliburton and more
Finance

Stocks making the biggest moves midday: Credit Suisse, First Republic Bank, Halliburton and more

In this article GS MRO NYCB WAL PACW CS FRC Follow your favorite stocksCREATE FREE ACCOUNT A person walks by the First Republic Bank headquarters on March 13, 2023 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading. Credit Suisse — Shares of Credit Suisse plunged […]

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Cramer’s week ahead: Markets need a strong job market, tame inflation to stay up
Business

Cramer’s week ahead: Markets need a strong job market, tame inflation to stay up

CNBC’s Jim Cramer on Friday told investors that stocks could see another strong week of trading, given the right economic conditions. “As the year winds down, the holidays will become more and more of a focus. Right now, the forecast is cloudy – too many cross currents. But if the job market stays strong and […]

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Cloud shares just wrapped up their worst week considering that January, led by plunge in Five9 and SentinelOne
Technology

Cloud shares just wrapped up their worst week considering that January, led by plunge in Five9 and SentinelOne

Rowan Trollope, CEO, 59 Scott Mlyn | CNBC Cloud shares plummeted 11% this week, the steepest fall because January, as executive departures at 59 and Zscaler and investors’ ongoing rotation out of hazard merged to ship the group to its most affordable amount considering that March 2020. The WisdomTree Cloud Computing Fund, a basket of […]

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Ignore the volatility — obtain this cybersecurity ETF for a long-phrase growth tale, analyst says
World

Ignore the volatility — obtain this cybersecurity ETF for a long-phrase growth tale, analyst says

Investors ought to navigate the ongoing marketplace volatility by receiving into an trade-traded fund that faucets a prolonged-time period progress tale: cyber security, according to John Petrides, portfolio supervisor at Tocqueville Asset Administration. His preferred fund is the ETFMG Prime Cyber Stability ETF , buying and selling beneath the ticker “Hack.” It is really at […]

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Cybersecurity is outperforming the marketplace for the reason that it is really ‘not a discretionary line item’
World

Cybersecurity is outperforming the marketplace for the reason that it is really ‘not a discretionary line item’

CrowdStrike IPO at the Nasdaq trade June 12, 2019. Resource: Nasdaq Financial problems were being a significant concept across the technological innovation market for the duration of 2nd-quarter earnings period, as corporations cautioned about slower paying out on adverts, gizmos, e-commerce and computer software. But with interest charges mounting and inflation caught near a 40-calendar […]

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Job cuts hit cybersecurity industry despite surging growth from ransomware attacks
Technology

Job cuts hit cybersecurity industry despite surging growth from ransomware attacks

A construction crew assembles a display for the RSA Conference at Moscone Center in San Francisco, Calif. Paul Chinn | San Francisco Chronicle via Getty Images Nothing has lowered Cybereason’s expectations for growth. Rather, the continuing rise in ransomware attacks has forced its clients to bolster spending on security systems, putting the security software company […]

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Recession-fearing investors keep slashing the fastest-growing cloud stocks
Technology

Recession-fearing investors keep slashing the fastest-growing cloud stocks

Nima Ghamsari, co-founder and chief executive officer of Blend, speaks during the Sooner Than You Think conference in New York on Oct. 16, 2018. Alex Flynn | Bloomberg | Getty Images Tech investors finally got some relief this past week, as the Nasdaq broke a seven-week losing streak, its worst stretch since the dot-com bust […]

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Here are some hedge funds that foresaw the tech fallout. And some that didn’t
World

Here are some hedge funds that foresaw the tech fallout. And some that didn’t

This year’s tech-driven carnage in the stock market is carving out hedge fund winners from losers — showing up in diverging fortunes that haven’t been seen in years. Hedge funds that rode the tech wave up are getting crushed on the way down, especially those that doubled down on 2022’s biggest laggards in the first […]

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