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Business

“China AI Chip Leader Soars 20% Limit as Beijing Warns on Nvidia”

“…Chinese regulators have discouraged companies from purchasing Nvidia’s H20 chips, which are used to develop and run AI models, Bloomberg News reported late Friday. That policy has taken the form of guidance rather than an outright ban, as Beijing wants… Continue Reading…

Business

“Is Energy Transfer Still a Buy After Its Nearly 20% Rally?”

“…Energy Transfer is having a strong year. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 20% in the second quarter to almost $3.8 billion. Meanwhile, its distributable cash flow surged 32% to over $2 billion… Energy Transfer’s capital project… Continue Reading…

Real Estate

“Mortgage refinance boom takes hold, as weekly demand surges 20%”

“Applications to refinance a home loan surged 20% last week compared with the previous week. This as the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) decreased to 6.13% from 6.15% The refinance… Continue Reading…

Stocks

“Under Armour shares surge 20% after posting ‘better than feared’ quarterly sales”

“…Here’s how the athletic apparel company did in its fiscal first quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG: In the three months ended June 30, Under Armour reported a loss of… Continue Reading…

Real Estate

“1 Magnificent Dividend Stock Down 20% to Buy and Hold Forever”

“…Why are investors downbeat on Agree Realty? The backstory with Agree is a fairly good one. Then why is the REIT’s share price down around 20% or so from its 2022 highs?… The good news here is that the problem… Continue Reading…

Economy, Stocks

“Dow Jones Slides 375 Points After Jobless Claims, GDP; Salesforce Plunges 20% On Earnings” – May 30, 2024

“The Dow Jones Industrial Average tumbled 375 points Thursday after weekly unemployment claims and quarterly GDP data both came in weaker than expected. Dow Jones giant Salesforce (CRM) plunged on the stock market today after the company’s earnings report, while artificial intelligence… Continue Reading…

Business, Stocks

“Salesforce shares tumble 20%, on pace for worst day since 2004”

“Shares of Salesforce tumbled 20% Thursday morning, putting the stock on pace for its worst day in nearly 20 years. Its worst trading day on record is July 4, 2004, when shares fell 27% just days after the company went public. The… Continue Reading…

Cryptocurrencies

“Ether jumps 20% on renewed optimism for an ETF, bitcoin also rallies”

“…The rally began suddenly on Monday, amid reports that the SEC has requested key document updates from potential ETF issuers and exchanges. A spokesperson for the SEC said the agency doesn’t comment on individual filings. Now, investors are reconsidering the… Continue Reading…

Real Estate

“3 Extremely Discounted REITs to Buy With 20% Upside” Added Commentary

https://finance.yahoo.com/news/3-extremely-discounted-reits-buy-130600443.html I’m not going to bother quoting the article. There’s no way I would touch real estate right now. It’s about to crash. I’m not trying to scare anyone but its just common sense. Everyone has been screaming from the… Continue Reading…

Stocks

“Lockheed Decision Sends This Satellite Stock Tumbling 20%”

“Lockheed Martin said it won’t buy a satellite start-up, sending shares of the latter sharply lower. The defense company said in a regulatory filing on Thursday that it withdrew its $1 per share bid for the stock in satellite solutions… Continue Reading…