$GameStop(GME.US$ shares surged as speculation swirled around a return to social media by Keith Gill, who drove the meme-stock mania of 2021 under the moniker “Roaring Kitty.”
The account’s post on X showed a man leaning forward with what looked like a gaming controller, which some traders interpreted to mean that Gill is coming back into action. Gill, whose account has long been dormant, shot to fame in 2021 by rally...
The account’s post on X showed a man leaning forward with what looked like a gaming controller, which some traders interpreted to mean that Gill is coming back into action. Gill, whose account has long been dormant, shot to fame in 2021 by rally...
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Volatile shipping stocks have rebounded amid global geopolitical tensions, with the shipping sector $Marine Shipping(LIST2485.US$soaring nearly 30% so far in 2024.
In the latest trading session, $ZIM Integrated Shipping(ZIM.US$ closed at $17.59, marking a +8.31% move from the previous day. Shares of this container shipping company have appreciated by 78.22% since the start of 2024.
$Navios Maritime(NMM.US$ and $Golden Ocean(GOGL.US$ have also...
In the latest trading session, $ZIM Integrated Shipping(ZIM.US$ closed at $17.59, marking a +8.31% move from the previous day. Shares of this container shipping company have appreciated by 78.22% since the start of 2024.
$Navios Maritime(NMM.US$ and $Golden Ocean(GOGL.US$ have also...
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As Wall Street's infatuation with rapid-fire stock options approaches its two-year mark, a Bloomberg Markets Live Pulse survey indicates the trend's momentum may not be waning, even though concerns of an eventual market crash loom among industry participants.
April's data showed that zero-days-to-expiration (0DTE) contracts linked to the $S&P 500 Index(.SPX.US$ soared to an estimated $862 billion in notional value. Surpr...
April's data showed that zero-days-to-expiration (0DTE) contracts linked to the $S&P 500 Index(.SPX.US$ soared to an estimated $862 billion in notional value. Surpr...
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ColumnsAlibaba Earnings Preview: Will Alibaba's E-commerce and Cloud Business See A Turnaround In Q4?
Chinese e-commerce and cloud behemoth $Alibaba(BABA.US$ is set to report its Q4 FY24 results on May 14th. The report is expected to show only modest growth for the quarter, amid headwinds in the domestic e-commerce market and the company's cloud business seeing slow growth.
Consensus Estimates
● The company is projected to achieve a revenue of 219.83 billion CNY, representing a year-over-year increase...
Consensus Estimates
● The company is projected to achieve a revenue of 219.83 billion CNY, representing a year-over-year increase...
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Warren Buffett took the stage at Berkshire Hathaway's annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger, outlining the expanded roles of the executives who are designated to eventually succeed him and discussing Berkshire's opportunities.
Here are the top ten highlights:
“I not only hope you come next year, I hope I come next year.” Warren Buffett said at the end of the annual meeting.
Here are the top ten highlights:
“I not only hope you come next year, I hope I come next year.” Warren Buffett said at the end of the annual meeting.
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Investors are closely watching the Federal Open Market Committee meeting to be held from April 30 to May 1. The Committee is widely anticipated to maintain the current range of its federal funds rate target between 5.25% and 5.5%.
The statement from the FOMC is expected to be released at 2 pm Eastern Time on Wednesday, after the end of their two-day meeting, followed by a press conference with Chair Jerome Powell scheduled ...
The statement from the FOMC is expected to be released at 2 pm Eastern Time on Wednesday, after the end of their two-day meeting, followed by a press conference with Chair Jerome Powell scheduled ...
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Coupang's stock rose 28.78% this month.The Korea Times Reports that South Korean e-commerce company Coupang has raised the monthly fee for its Wow membership by 58%, reaching $5.74 per month. The move, seen as aggressive, has sparked controversy but is expected to improve Coupang's profit margins and enable it to expand Wow benefits such as free delivery, free returns, streaming services, and complimentary food delivery. The com...
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Betting on the yen's strengthening became a favored strategy over the past year as the Bank of Japan(BOJ) was set to wrap up an eight-year period of negative interest rates in the face of rising inflation. Yet, rather than appreciating, the yen continued to weaken subsequent to theend of negative interest rates.
On April 24th, the Japanese yen continued its slump against the US dollar, breaching the key level of 155 fo...
On April 24th, the Japanese yen continued its slump against the US dollar, breaching the key level of 155 fo...
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On April 24, Meta reported its earnings result for the first quarter of FY24. It reported Q1 2024 revenues of $36.46 billion, beating the $36.14 billion estimate and marking a 27% year-over-year increase. EPS was $4.71, above the expected $4.32.
Disappointing Q2 Outlook Triggers Meta Stock Plunge
The primary factor troubling investors is the profit squeeze resulting from reduction in sales and increase in expenses. This directly affe...
Disappointing Q2 Outlook Triggers Meta Stock Plunge
The primary factor troubling investors is the profit squeeze resulting from reduction in sales and increase in expenses. This directly affe...
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Amidst growing concerns over a delay in interest rate cuts by the Federal Reserve and escalating geopolitical tensions, the tech-focused Nasdaq 100 suffered its steepest weekly fall since November 2022 last week. Despite the broader market retreat, Hedge funds ramped up trading to take advantage of the first sharp dip, with new long positions established, surpassing short sales for the first time in weeks.
Data from Gold...
Data from Gold...
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