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Snap Inc ( NYSE: SNAP ) said on Thursday its revenue jumped over 100% in the fiscal second quarter as the advertising market continued to recover. Shares of the company jumped roughly 15% in extended trading on better-than-expected Q2 results. Financial performance Snap repo...
Twitter Inc ( NYSE: TWTR ) reported its financial results for the second quarter on Thursday that beat Wall Street estimates. The company attributed its hawkish performance to launching new products and features that brought in more active users. Shares of the company were about...
The stock indices started in the red this week but have recovered completely ever since. After Cramer’s forecast on Thursday that the dip might, in fact, pose a good buying opportunity, former Wells Fargo chairman and CEO Richard Kovacevich said on CNBC’s “Squ...
The market has been funny this week. On Monday, the new delta variant became a hot debate, and investors were concerned that renewed restrictions might be in the pipeline. Consequently, markets were down significantly. Deeper into the week, however, this decline was gradually reversed. ...
American Airlines Group Inc. ( NASDAQ: AAL ) said on Thursday its revenue climbed by over 350% in the fiscal second quarter. The air carriers adjusted loss contracted more than expected as easing COVID-19 restrictions turned the daily cash burn positive. American Airlines’...
Goldman Sachs, a leading American investment bank, recently conducted a study and found that at least 45% of family offices are interested in pumping large sums of money into the crypto market. Per the bank’s findings, 15% of family offices have already invested some of their cli...
Since last November’s vaccine news, financial markets have been "hanging ten" on a swell of cyclical, value and small-cap stocks, and rising Treasury yields. Crosswinds started to grow in the second quarter, however, as economic and inflation data ran hot: rising yields stalled...
We’ve moved past the early-cycle environment that predominated risk taking in 2020, post the pandemic lows, and we’re moving really into a mid-cycle environment, which tends to be constructive for risk. This mid-cycle environment is still going to be expansionary, albeit...
Growth-oriented asset classes are likely to shine, but not equally. Above-trend growth is a supportive environment of risky assets like equities or credit. On valuation grounds, equities are looking a little cheaper. Geraldine Sundstrom and Erin Browne discuss PIMCO’s views...
Peter Schiff, an American stockbroker, believes Bitcoin ( BTC/USD ) is not yet out of the woods despite recovering yesterday’s losses. He shared his predictions on the BTC market through a tweet earlier today, saying that BTC’s price might fail to maintain its gains. A...
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Liberty All-Star Equity Fund March 2024 Monthly Update PR Newswire BOSTON , April 12, 2024 /PRNewswire/ -- Below is the March 2024 Monthly Update for the Liberty All-Star Equity Fund. (NYSE: USA ) Liberty All-Star Equity Fund Ticker:...
2024-04-05 11:24:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-03-26 10:22:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...