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stock

Tech Stocks Take a Hit: What's Happening with Nvidia and Palantir?

January 14, 2025

Monday was a rough day for tech stocks, with big names like Nvidia, Palantir, and Rigetti Computing seeing significant drops. Nvidia fell by nearly 4%, Palantir by 3. 5%, and Rigetti Computing plummeted by 10%. Even last year's Nasdaq winner, AppLovin, wasn't spared, with a 3% loss. This sell-off ha

business

Billionaire Ackman's Surprise Offer to Buy Out Howard Hughes

January 13, 2025

Business tycoon Bill Ackman's investment firm, Pershing Square, has cooked up an interesting proposal. They want to buy out real estate company Howard Hughes. The offer? A whopping $85 per share! This is a big jump from the previous price. Ackman's firm already owns a chunk of Howard Hughes, about 3

finance

Home Furnishings Set for a Boost? Morgan Stanley Thinks So

January 13, 2025

Are you wondering if luxury home furnishings are about to get a big boost? Well, Morgan Stanley seems to think so. The investment firm just raised its outlook for RH, a high-end home furnishings company. Analyst Simeon Gutman believes RH is at the start of a positive turnaround. He even increased hi

business

Music Streaming Giant TME Gets Thumbs Up from Analyst

January 12, 2025

Tencent Music Entertainment Group, a China-based online music platform, has caught the attention of analysts. Boris Van from Bernstein recently issued a favorable report, recommending investors buy TME's shares. Van set a price target of $13. 00, which is higher than the current share price of $10.

finance

Big Banks and UnitedHealth Kick Off Earnings Season with High Hopes

January 12, 2025

This week, the earnings season begins with six major U. S. banks and a significant health insurer ready to share their results. Goldman Sachs, Wells Fargo, JPMorgan Chase, Citigroup, Morgan Stanley, and Bank of America are all set to report their fourth-quarter earnings. UnitedHealth, a key player i

finance

Stock Market Drops: Jobs Data Dash Rate Cut Hopes

January 11, 2025

US stocks took a nosedive on Friday after a surprisingly strong jobs report for December. The Dow plummeted by 697 points, closing at 41, 938, while the S&P 500 and Nasdaq indices fell by 1. 5% and 1. 6%, respectively. All three indices ended the week in the red. The economy added 256, 000 jobs las

business

Music Stocks Rise and Fall: J-Hope News, New Boy Band, and Market Forces

January 11, 2025

This week, HYBE and JYP Entertainment saw their stocks climb while global markets took a dip. HYBE, known for BTS and its members' solo projects, jumped 7. 2% to 215, 500 won ($146. 19) after J-Hope announced new music and a world tour starting in Seoul on Feb. 28. JYP Entertainment, famous for Stra

finance

Why DraftKings Stocks Could Be a Hit During the NFL Playoffs

January 11, 2025

Investment guru Jim Cramer has some exciting news for people interested in the sports betting platform, DraftKings. As the NFL playoffs kick off, Cramer thinks now might be a great time to buy DraftKings stock. The stock has seen a recent dip, but Cramer believes there's more to this company than me

finance

Is NREF a Good Bet? An Analyst's Take

January 10, 2025

Steven Delaney from JMP Securities is sticking to his guns on NexPoint Real Estate Finance (NREF). He's kept the company's rating at "Hold, " just as he did before. Last Wednesday, NREF's shares closed at $15. 38. But is Delaney, who’s known for getting it right 56. 07% of the time and averaging an

business

Macy's: Shutting Doors to Open New Opportunities

January 10, 2025

Macy's, a familiar department store, is making a bold move. They're clicking the "close" button on 66 of their stores, but this isn't a sign of trouble. Instead, it's part of a plan they shared last year. The company is choosing to pour their resources into 350 other stores spread across the country