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USA News and Press, Liberty All-Star Equity Fund From 12/30/22

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

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USA - Bahamas seized $3.5 billion from FTX to 'protect customers'

The Bahamas Securities Commission has announced it took custody of over $3.5 billion worth of FTX deposits. According to a press release the BSC published on Thursday, the regulator moved to seize the assets on 12 November, just a day after the cryptocurrency exchange filed for bankruptcy...

USA - Sophie Karp names her top stock for renewables exposure

First Solar Inc ( NASDAQ: FSLR ) has already more than doubled over the past six months but a KeyBanc expert recommends sticking to it as it still has more upside that’s yet to unlock. First Solar stock to benefit from the IRA Sophie Karp is convinced that this American manufac...

USA - These two stocks could benefit from Southwest Airlines flight cancellations

Hotel stocks stand to benefit this quarter from the recent flight cancellations at Southwest Airlines Co, says Patrick Scholes. He’s an Equity Research Analyst at Truist Securities. Vail Resorts Inc could be a beneficiary Southwest continued to cancel flights on Wednesday eve...

USA - Should you buy Chinese tech stocks now that China is reopening?

Chinese tech stocks are a great pick at current valuations but only for the long-term investors, says Anand Batepati of GFM Focus Investing. Which Chinese stocks does he recommend? Two names that particularly pop out to him are Alibaba Group Holding Ltd ( NYSE: BABA ) and Tencent Ho...

USA - Generac stock has upside to $160: Analyst

Generac Holdings Inc ( NYSE: GNRC ) is trading up on Wednesday after a Janney Montgomery Scott analyst issued a super bullish note in favour of the backup power generators company. Generac stock has a 70% upside from here Sean Milligan assumed coverage of the Waukesha-headquartered fi...

USA - Apple stock claims a near 2-year low, and sellers still look aggressive

Apple Inc. (NASDAQ:AAPL) is considered one of the most defensive stocks due to its strong cash flow position. However, a sustained bear market has caught up with the technology stock . Apple traded slightly above $129 on Wednesday, the lowest price level in 18 months. The last time wi...

USA - Tesla shares are now down 72% YTD: buy the dip or sell the rip?

Tesla Inc ( NASDAQ: TSLA ) has lost over $700 billion in market cap this year but a CFRA Research analyst is sticking to his “buy” rating on the electric vehicles manufacturer. EV stocks at large have been selling off Garrett Nelson finds it unfair to single out Tesla In...

USA - Top 3 large-cap stocks reporting earnings in the first week of 2023

This year, the winter holidays are on weekends. It means that the markets are open more than normal, and next week it will be busy. That is especially true for stock market investors. In particular, investors in Constellation Brands, Walgreens Boots Alliance, and ConAgra Foods are on the look...

USA - MicroStrategy increases Bitcoin holdings by 2,500 BTC

MicroStrategy ( NASDAQ: MSTR ), the world’s leading enterprise analytics firm and the public company with the largest holdings of Bitcoin ( BTC/USD ), is not done buying the cryptocurrency. While the market has teetered on the verge of a major sell-off as prices oscillate at cr...

USA - AMC CEO forgoes pay raise for 2023

AMC Entertainment Holdings Inc ( NYSE: AMC ) is in focus this morning after its top boss asked the Board of Directors to freeze his salary for 2023. AMC shares are now down over 85% Adam Aron attributed the request to a continued to sell-off that now has the stock down more than 85% v...

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