News

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11 Dec 2024 21:18

Chewy's Largest Shareholder to Sell $500 Million in Stock

Daily News

Shares of Chewy Inc. (NYSE: CHWY), an online retailer of pet products, fell by 4.7% following the announcement of a significant public equity offering by its larg...

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11 Dec 2024 21:09

Adobe's Earnings Beat Expectations at $0.14, Profit Surges Higher Than Anticipated

Daily News

According to the report by Adobe (NASDAQ: ADBE), the fourth-quarter earnings per share reached $4.81, surpassing analysts' expectations of $4.67 by $0.14. The rep...

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11 Dec 2024 21:09

This Pharmaceutical Stock Could Easily Deliver a 20% Gain Next Year, According to Jefferies

Daily News

Investing.com -- This pharmaceutical company stock could see gains of 20% in 2025 with the anticipated launch of a long-acting HIV prevention treatment, analysts ...

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11 Dec 2024 20:26

Interactive Brokers Founder Advocates for Limited Bitcoin Investments

Daily News

Thomas Peterffy, the billionaire founder of Interactive Brokers Group Inc., has advised investors to allocate a small portion of their net worth to Bitcoin, while...

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11 Dec 2024 20:04

Gary Black Predicts Tesla Will Rise to $478

Daily News

On Wednesday, Gary Black, Managing Partner at The Future Fund LLC, set a target price of $478 for Tesla shares, presenting an optimistic outlook. The electric veh...

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11 Dec 2024 19:48

Santa Trump to Ring the NYSE Opening Bell Tomorrow

Daily News

According to reports, President-elect Donald Trump will ring the opening bell at the New York Stock Exchange (NYSE) this Thursday. This event stands out as a mome...

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11 Dec 2024 19:44

Elon Musk Becomes the First Person to Reach a Net Worth of $400 Billion

Daily News

Elon Musk, CEO of Tesla (NASDAQ: TSLA) and SpaceX, has become the first person to reach a net worth of over $400 billion. This achievement was largely driven by a...

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11 Dec 2024 19:19

U.S. Budget Deficit Swells to $366.8 Billion in November

Daily News

According to a report released by the Treasury Department on Wednesday, the U.S. budget deficit experienced a significant increase in November. The deficit reache...

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11 Dec 2024 18:59

Donald Trump to Be Named Time's "Person of the Year" and Ring the NYSE Opening Bell

Daily News

According to Politico, Donald Trump is expected to be named Time magazine's "Person of the Year" for 2024, and he is planned to ring the opening bell at the New Y...

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11 Dec 2024 18:33

ADM Stocks Climb with Expanded Buyback Program

Daily News

Shares of Archer-Daniels-Midland Co. (NYSE:ADM), a large global grain trader, rose on Wednesday following the announcement of an expanded share repurchase program...

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11 Dec 2024 18:19

Walgreens Stocks Dip Amid Skepticism Over Buyback Plan

Daily News

Walgreens Boots Alliance Inc. shares fell by more than 6% after analysts expressed skepticism about the likelihood of a successful acquisition by Sycamore Partner...

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11 Dec 2024 18:19

Healthcare Stocks Decline Amid Potential PBM Legislation

Daily News

Shares of leading U.S. healthcare companies fell on Wednesday amid potential legislative news targeting pharmacy benefit managers (PBMs). The proposed bill, curre...

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11 Dec 2024 18:14

Adidas Headquarters Reexamined in EU Tax Investigation

Daily News

According to reports, Adidas AG's headquarters was searched for the second consecutive day as part of an ongoing European Union tax investigation. The investigati...

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11 Dec 2024 18:11

Parex and Geopark Stocks Decline Due to Colombia's Tax Hike Plans

Daily News

Parex Resources and Geopark stocks fell on Wednesday following Jefferies’ announcement that the Colombian government is considering increasing taxes on oil and ga...

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11 Dec 2024 17:06

FDA Aims to Reduce Nicotine Levels in Cigarettes, Tobacco Stocks Decline According to NYT

Daily News

Altria Group (NYSE:MO) and Philip Morris International (NYSE:PM) shares showed a slight decline following a report that the U.S. Food and Drug Administration (FDA...

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11 Dec 2024 17:00

Rail Traffic Volume in the U.S. Increases by 4.4%

Daily News

In the week ending December 7, the total volume of rail transportation in the U.S. increased by 4.4% compared to the same week last year. According to data releas...

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11 Dec 2024 16:57

Synovus Stock Rises with Updated Q4 Guidance

Daily News

Shares of Synovus Financial Corp. (NYSE: SNV) rose by 3% today following the company's updated guidance for the fourth quarter. The regional bank is expected to p...

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11 Dec 2024 16:27

SpaceX's Valuation Soars to $350 Billion

Daily News

Elon Musk's space company SpaceX has reached a new valuation milestone of $350 billion following a secondary stock sale. The company and investors have agreed to ...

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11 Dec 2024 16:20

Pharmacy Benefit Managers Face Potential Split Legislation - WSJ

Daily News

Shares of CVS Health, Cigna, and UnitedHealth Group fell 5% following reports from the Wall Street Journal about a bipartisan group of lawmakers preparing a bill ...

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11 Dec 2024 16:16

Bank of Canada Cuts Key Interest Rate to 3.25%

Daily News

OTTAWA–To alleviate slowing economic growth and a weakening labor market, the Bank of Canada has reduced its key interest rate by half a point. The adjustment ann...

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11 Dec 2024 16:13

JetBlue to Introduce First-Class Sections on Domestic Flights by 2026

Daily News

JetBlue Airways Corp. has announced plans to add a first-class section to its domestic aircraft fleet starting in 2026. This development is part of a broader rest...

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