Crypto
Crypto Stocks Surge in Premarket Trading After Spot Bitcoin ETFs Approved
Crypto stocks soared in Thursday's premarket after the SEC approved the highly anticipated spot Bitcoin ETFs.
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Market Analysis
December CPI Shows 3.4% Annual Increase in Prices, Above Expectations
The December 2023 Consumer Price Index (CPI) reveals a mixed economic landscape, with a 0.3% monthly and 3.4% annual increase in consumer prices.
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Apple Gets Third Downgrade in 2024, iPhone Sales Decline in China
Apple's shares fell 0.5% at the market open Wednesday after the stock faced a third downgrade since the beginning of 2024.
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Cathie Wood’s Ark Invest Bought 125k Shares of this Buffet-Backed Stock
Cathie Wood's investment firm increased its exposure to Nu Holdings, one of the fastest-growing fintech companies in the world.
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Japan’s Stock Market is Set to Take Off This Year, Here’s Why
Japanese stock market indices rose to the highest level since 1990.
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Juniper Networks Jumps 21.8% After Reports of $13B Acquisition Offer
Juniper Network's shares surged 21.8% at the market open after reports revealed the networking hardware maker is in talks to be acquired by HPE.
Earnings
TD SYNNEX Corp. (SNX) Beats Expectations in Q4 with $3.13 EPS
TD SYNNEX Corp. reported a Q4 revenue of $14.41 billion and an EPS of $3.13.
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Activist Investor Takes $1B Stake in Tinder’s Parent Company
Match Group's shares surged over 15% after reports revealed that Elliot Management amassed a $1 billion stake in the company.
Market Analysis
Acuity Brands Reports $3.72 EPS in Q1, Revenue Down 6.3%
Acuity Brands reported Q1 FY24 earnings with revenue of $934.7M and an EPS of $3.72.
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3 US Small Cap Stocks Set Up for Success in 2024
Rate cuts in 2024 could be the turning point. These three stocks could be good buys.
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Hedge Funds Continue Betting Against Big US Tech Stocks: Report
Last week, hedge funds sold technology stocks for the third consecutive week, Goldman Sachs analysts said in a recent note.
Market Analysis
Helen of Troy Ltd. Reports $2.75 EPS, Exceeding Expectations in Q3
Helen of Troy reported Q3 fiscal 2024 earnings with revenue at $549.6M and adjusted EPS of $2.79, exceeding expectations.
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Boeing, United Airlines Dip Premarket as US Grounds 737 Max Jets
Boeing's stock is down 8.43% in premarket trading after the FAA grounded 737 Max 9 jets after a mid-air incident on Friday.