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USA News and Press, Liberty All-Star Equity Fund From 12/25/22

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Company Name: Liberty All-Star Equity Fund
Stock Symbol: USA
Market: NYSE

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USA - Here's why Apple stock will 'significantly' recover in 2023

Apple Inc ( NASDAQ: AAPL ) has had an unusually poor 2022 but the coming year will be one of strength, says Jim Suva. He’s a Senior Analyst at Citigroup. Suva’s bull case for the Apple stock Suva expects wage growth in India to drive significant upside for the tech behem...

USA - Musk says he won't sell Tesla shares for two years: time to buy?

Tesla Inc ( NASDAQ: TSLA ) was in focus on Friday after Elon Musk made yet another promise that he won’t trim his equity stake in the electric vehicles manufacturer any further for at least two years. Tesla shares still continued to sell-off The announcement did little to relie...

USA - US Judge steps down from SBF case

The latest crypto news is that the judge assigned to the case against former FTX CEO Sam Bankman-Fried has recused herself from the case. According to court documents, US District Judge Ronnie Abrams had stepped down “to avoid any possible case of conflict of interest, or the appea...

USA - Pro: buying Peloton stock is 'absolute nonsense'

Peloton Interactive Inc ( NASDAQ: PTON ) is down another 5.0% on Friday after Peter Toogood – the Chief Investment Officer of Embark Group said buying shares of this connected fitness company was “absolute nonsense”. Peloton stock could crash further in a recession ...

USA - Jim Cramer on the Airbnb stock: 'I would own it'

Shares of Airbnb Inc ( NASDAQ: ABNB ) are currently trading at less than the price at which they started the year – and that, as per Jim Cramer, is an opportunity to buy a quality name at a steep discount. Cramer’s outlook on the Airbnb stock In November, the vacation re...

USA - How to play the Meta stock after a $725 million settlement on Friday

Meta Platforms Inc ( NASDAQ: META ) is in focus this morning after the tech behemoth agreed to a $725 million settlement over a privacy lawsuit. Brief overview of the said lawsuit The class action lawsuit claimed Facebook – its flagship social network illegally shared user data...

USA - PCE lowest since Nov 2021; Core index slips below 5%

The Bureau of Economic Analysis (BEA) released its Personal Income and Outlays report for November 2022, which showed that the PCE Price Index, the inflation gauge most closely tracked by the Fed, rose by 0.1% compared to market estimates of 0.2%. On an annual basis, the PCE Index fell be...

USA - Fed's preferred inflation gauge eased further in November

S&P 500 opened down again on Friday even after the U.S. Bureau of Economic Analysis said the core personal consumption expenditures price index continued to relax in November. What does it mean for the stock market? Versus the previous month, the Fed’s preferred inflation g...

USA - Is reverse stock split coming for AMC? Here is what it means to price

AMC Entertainment Holdings, Inc. (NYSE:AMC), a stock loved by retail investors, is having a rough time. The shares closed down nearly 8% on Thursday on stock market news that did not excite its fans. According to the latest announcement, AMC would initiate a 1-for-10 reverse stock spl...

USA - Analyst reads full-fledged capitulation in Tesla as it becomes the most purchased stock

Vanda research firm says that Tesla, Inc. (NASDAQ:TSLA) is set for a huge capitulation in 2023. That comes amid increased retail interest in the stock at low valuations. The electric vehicle maker’s stock has lost more than 60% year-to-day amid macroeconomic woes. Vanda’s se...

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