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Stocks

“Nvidia slides 13% in three days after briefly becoming most valuable company”

“… …” https://www.cnbc.com/2024/06/24/nvidia-slides-13percent-in-three-days-after-becoming-most-valuable-company.html This stock is linked to AMC and GME because hedge-funds are using Nvidia as leverage for funds to short sell AMC and GME.

Stocks

“Why Virgin Galactic Stock Jumped 13% on Monday”

“Shares of Virgin Galactic (NYSE: SPCE) stock soared 13.5% through 11:45 a.m. ET Monday, and for a most surprising reason: Investment bank TD Cowen lowered its price target on the space stock to $2 per share this morning. Now why would investors look at this… Continue Reading…

Business

“Hugo Boss plunges 13% on pessimistic sales outlook”

“Shares of Hugo Boss plunged 13% Thursday, after warning that it may fail to meet its 2025 sales target amid weakening consumer demand. The German high-end fashion brand was on course for its worst trading day since 2016, after it said it… Continue Reading…

Business

“Wayfair shares surge after home goods retailer announces 1,650 job cuts, 13% of workforce”

“Wayfair is cutting 13% of its global workforce as the digital home goods retailer continues its efforts to trim down its structure, cut out layers of management and reduce costs after going “overboard” with corporate hiring during the Covid pandemic, it… Continue Reading…

Real Estate

“Home sales fell to a 13-year low in October as prices rose”

“…It was the slowest sales pace since August 2010. Analysts were expecting a smaller drop, to 3.9 million units. Sales were down 14.6% year-over-year… Tight supply kept pressure under prices. The median price of an existing home sold in October… Continue Reading…

Stocks

“Robinhood drops 13% after reporting big declines in trading volume and revenue”

“…Robinhood also reported fewer monthly active users, which fell 16% to 10.3 million in the third quarter from the same period last year. Although third-quarter revenue rose 29% to $467 million, it fell short of the $480 million analysts were… Continue Reading…

Business

“BlackRock Clients Pull $13 Billion From Long-Term Funds”

“BlackRock Inc. clients pulled a net $13 billion from long-term investment funds, the first outflows since the onset of the pandemic in 2020… The outflows from the firm’s long-term investment funds, including mutual funds and exchange-traded funds, missed by a… Continue Reading…

Banking

“Bank of England hikes interest rates to 13-year high, sees inflation hitting 10%”

“…The Bank’s Monetary Policy Committee approved a 25-basis point increase by a majority of 6-3, taking the base interest rate up to 1%. The Bank said the members in the minority preferred to increase interest rates by 0.5 percentage points… Continue Reading…

Stocks

“…13 Stocks With Rock-Solid Dividends”

“These industrial companies have a dividend yield greater than the average S&P 500 stock, as well as lower-than-average debt. They also spend less than all of their available free cash flow on dividends. Company Market Cap (Billions) Dividend Yield (%)… Continue Reading…

Banking, Stocks

“Dividends and Buybacks Will Rise in 2021. These 13 Stocks Could Be Cheap Plays.”

“An improving economic backdrop, higher sales and earnings, and less of a need for companies to hoard cash could bring a surge in dividends and buybacks this year. Goldman Sachs analysts see S&P 500 dividends rising by 5% and buybacks climbing 15% in 2021…”… Continue Reading…