Month: January 2022

The shortfall of bank earnings this week due to higher-than-anticipated expenses prompted me to write about wage-sensitive stocks. The elasticity of operating expenses on a firm’s income statement can be a make-or-break factor for investors. It ultimately dictates a company’s cost of debt and, subsequently, the investors’ remaining residual. Additionally, the proclivity of market participants
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Investors looking to buy in the current stormy stock market should consider prominent U.S. firms that make money, CNBC’s Jim Cramer said Tuesday. “There’s a lot of stocks that I like. I like the classic, great American companies. I think that they’re terrific,” Cramer said, citing names including Raytheon and Johnson & Johnson, whose stock
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Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. General Electric — Shares fell more than 6% after the company missed revenue estimates for the fiscal fourth quarter. The conglomerate reported 92 cents in adjusted earnings per share on $20.3 billion in revenue. Analysts surveyed by Refinitiv were
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Botty Investors LLC raised its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN) by 7.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,948 shares of the e-commerce giant’s stock after purchasing an additional 597 shares during the quarter. Amazon.com accounts for approximately
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CF Acquisition Corp. VI (NASDAQ:CFVI) is another blank check or special-purpose acquisition company (SPAC) linked to Trump Media and Technology Group (TMTG). This connection to the former president’s nascent media conglomerate is not enough to make CFVI stock appealing. Nor are its plans to take the conservative video-sharing platform Rumble public very enticing. Source: Tada
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Grantham Mayo Van Otterloo & Co. LLC lowered its holdings in Akamai Technologies, Inc. (NASDAQ:AKAM) by 63.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,100 shares of the technology infrastructure company’s stock after selling 45,300 shares during the quarter. Grantham Mayo Van Otterloo
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