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Cloud computing, artificial intelligence, autonomous systems and other emerging innovations that reshape our lives and economies remain a focal point for investors seeking robust growth. With top tech stocks constantly innovating, allocation to the sector is mandatory. However, rapid innovation also causes massive disruption. Indeed, some incumbents face competition from new entrants with superior technologies.
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In this article CNXC Follow your favorite stocksCREATE FREE ACCOUNT Luis Alvarez | Digitalvision | Getty Images Company: Concentrix (CNXC) Business: Concentrix provides technology-infused customer experience (CX) solutions and runs customer service for 2,000 customers globally. They are the second largest outsourced CX company globally and provide CX process optimization, technology innovation, front- and back-office
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In today’s market, marked by a market correction and wide bearish sentiment, investors are flocking to low-risk, low(ish)-reward assets like treasuries. Fixed-income strategies like bond ladders offer more yield than they have in decades. At the same time, stocks are sliding and real estate is slumping. It’s no wonder investors are flying to safety and
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The more speculative EV stocks have performed poorly this year, but Mullen Automotive (NASDAQ:MULN) stock is one of the worst performing of them all. Adjusting for its two massive reverse stock splits over the past ten months, shares have declined by over 99.6%. That right, a near-total wipeout for anyone unfortunate to be holding this
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Northwest Capital Management Inc purchased a new stake in Target Co. (NYSE:TGT – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 513 shares of the retailer’s stock, valued at approximately $68,000. Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Impact Partnership
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It’s gonna get rough for wheat farmers and buyers this year. Suboptimal weather across key growing areas and potential disruptions emanating from the war in the Middle east are to blame. The weather problem has already begun. A dire combination of dry weather simultaneously occurring in four of the largest markets — Russia, Ukraine, the
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When investors think of Bill Gates stocks, they inevitably come up with Microsoft (NASDAQ:MSFT), the software company he co-founded with Paul Allen in 1975 in Albuquerque. However, as Gates has spent less time around Microsoft’s business, the billionaire has significantly diversified his investment portfolio. Gates stepped down as CEO of Microsoft in January 2000. At
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The third quarter earnings season has revealed that some companies are in trouble. Several high-profile names have reported disappointing financial results that missed Wall Street forecasts by a lot. Many companies issued forward guidance that indicated a slowdown in the economy. The corporate results, combined with rising bond yields and escalating geopolitical risks, are conspiring to push
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Tanager Wealth Management LLP reduced its position in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 13.1% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 8,302 shares of the social networking company’s stock after selling 1,248 shares during the period. Meta Platforms accounts for approximately 0.5%
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Wambolt & Associates LLC trimmed its position in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 7.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,851 shares of the entertainment giant’s stock after selling 324 shares during the quarter. Wambolt
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