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Stocks

“Reddit shares soar 11% after company reports revenue pop in debut earnings report”

“…Here’s how the company did: Revenue climbed 48% from $163.7 million a year earlier. The company reported $222.7 million in ad revenue for the period, up 39% year over year, which is a faster rate of growth than at its… Continue Reading…

Stocks

“Carvana Father-Son Duo Make $11 Billion in 3,000% Stock Rebound”

“Ernie Garcia II and Ernie Garcia III have added more than $11 billion in combined net worth since December 2022, when Carvana stock fell below $4 a share as rising interest rates sapped sales and the company was forced to… Continue Reading…

Real Estate

“Weekly mortgage demand surges 11% as more homes hit the spring market”

“…Mortgage applications to purchase a home increased 11% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Demand was still 8% lower than the same week one year ago. The average contract interest… Continue Reading…

Cryptocurrencies, Stocks

“SEC ends crypto drama by giving the green light to 11 bitcoin ETFs” [Jan 10th 20224]

“…Regulators on Wednesday gave money managers the green light to launch 11 spot bitcoin exchange-traded funds, allowing everyday investors to get exposure to the world’s largest cryptocurrency without having to own it. The ETFs, which begin trading Thursday, could make… Continue Reading…

Stocks

“2 Dividend Stocks Under $10 With at Least 11% Dividend Yield”

“Falcon Minerals Corporation (FLMN) We’ll start in the energy industry. Falcon Minerals is a small-cap oil and gas company, with ownership of energy and mineral rights on more than a quarter-million acres in the Texas Permian Basin… Overall, Falcon has 5… Continue Reading…

Investing, Stocks

“Buy these stocks as S&P 500 heads for 11% correction and bitcoin risks fall to $12,000, say strategists.”

“Our call of the day, from strategists Barry B. Bannister and Thomas R. Carroll at the equity trading desk of investment bank Stifel, is that the S&P 500 is heading for an 11% pullback while bitcoin could fall to $12,000… A… Continue Reading…

Economy

“Bars selling alcohol after 11 p.m. again is good for the economy, tourists say”

[MYRTLE BEACH, S.C.] “The “last call” order went into effect in July which prohibited restaurants and bars from selling alcohol after 11 at night. Its purpose was to slow the spread of the coronavirus and it prevented one Myrtle Beach… Continue Reading…

Banking

“U.S. Bank Shares Climb on Promise of $11 Billion Buyback Bonanza”

“Shares of the biggest U.S. banks rallied after the Federal Reserve said it would let stock buybacks resume as soon as next month, with as much as $11 billion headed to shareholders. Goldman Sachs Group Inc. rose 6.1% at 9:47… Continue Reading…

Business

“Bankruptcy Update: Ruby Tuesday Files Chapter 11 While Progress Slows For JCPenney”

“Casual food chain Ruby Tuesday filed for Chapter 11 protection on Wednesday. The Tennessee-based company became just the latest in a string of major brands to file for bankruptcy in 2020 — a year where virtually every type of brick-and-mortar business suffered due to the coronavirus pandemic.… Continue Reading…

Stocks

“11 Stocks Turned $10,000 Into $931,533 In 11 Months”

“The top nine S&P 500 stocks in November, including almost entirely energy companies like Occidental Petroleum (OXY), Apache (APA) and Diamondback Energy (FANG), powered 50% higher in the month, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith. All told, had… Continue Reading…