Month: October 2022

Headline inflation numbers continue to run near their highest levels in 40 years. The Federal Reserve hiked interest rates by 75 more basis points in September. Analysts are rightly nervous about how long this rising-price period will persist. However, one key sector of the economy is already signaling that the worst of the inflation has
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Barry Sternlicht, CEO, Starwood Capital Group  Scott Mlyn | CNBC The Federal Reserve’s aggressive rate hike path – an attempt to calm the highest inflation in decades – is set to cause damage to the global economy if the central bank keeps going, according to billionaire Barry Sternlicht. “They are going to cause unbelievable calamities
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In this article CS DPZ RIVN Follow your favorite stocksCREATE FREE ACCOUNT R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Check out the companies making headlines in premarket trading
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The king currency has finally hit the first long-term target of $114 that was set in the summer of a distant 2019 when it traded around $96. That aim wasn’t clear then as the dollar index (DX) looked weak in the chart. The short-term structure was similar to a pullback after a heavy drop. Get alerts:
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New Mexico Educational Retirement Board decreased its holdings in NVIDIA Co. (NASDAQ:NVDA – Get Rating) by 4.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 138,528 shares of the computer hardware maker’s stock after selling 6,800 shares during the quarter. NVIDIA makes
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Tower Bridge Advisors lifted its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Get Rating) by 5.6% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 21,693 shares of the computer hardware maker’s stock after acquiring an additional 1,155 shares during the period. Tower Bridge Advisors’ holdings in NVIDIA were worth $3,288,000 as of
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Source: rhendrikdwenz via Shutterstock [Editor’s note: “5 Reasons ‘Cathie Wood Stocks’ Could Double in 2023” was previously published in July 2022. It has since been updated to include the most relevant information available.] Many of you are familiar with Cathie Wood, the famed stock-picker and founder of ARK Invest. She focuses on investing in disruptive
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The Fed’s key interest rate target now stands at 3%-3.25%, way up from 0%-0.25% at the beginning of the year. That means, for all companies, borrowing money is becoming much more expensive. As a result, healthcare companies losing a great deal of money will have trouble obtaining new loans they can afford to pay off, and
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