News
Tesla Stock Upgraded for Long-Term Outlook
Battle Road Research analyst upgrades Tesla stock, expects it to outperform in the coming months. Despite recent challenges, Tesla remains a leader in the EV market and has new models on the horizon.
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Actors Resume Negotiations with Studios
The Hollywood actors are resuming negotiations with studios and streaming services after the end of the writers strike. Late-night hosts are making a comeback, but late-night viewership has declined by 40% to 50%. Scripted shows may take longer to return as actors are still on strike.
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Paul Brahim Elected 2024 FPA President-Elect
Paul Brahim has been elected as the 2024 president-elect of the Financial Planning Association, with a focus on advancing the profession and obtaining legal recognition for financial planners.
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The Sharp Selloff in Treasury Market: A Prime Investing Opportunity
The recent decline in the Treasury market presents an investment opportunity. Experts suggest strategic moves to take advantage of potential bounce back.
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UAW President to Address Union Members Amidst Ongoing Strike
UAW President Shawn Fain to address union members in ongoing strike, potential announcement of new strike targets. Impact on market and stock performance analyzed.
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Households and Hedge Funds Flock to the Expanding Treasury Market
The Federal Reserve's rate hikes have attracted individual investors and hedge funds to the meatier yields of Treasuries. Households have accumulated $1.5 trillion of Treasury debt, while new accounts on TreasuryDirect continue to rise. This changing trend reflects the attractiveness of Treasury securities amidst rising interest rates.
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Micron Faces Revenue Decline, But Hope on the Horizon
Micron faces a concerning 41% revenue decline, but its stock rise suggests hope for improvement. Weakened demand for memory chips and aggressive cost-cutting measures are challenges that the company is addressing.
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Amgen Triples Value of Investment in Neumora Therapeutics
Amgen triples its investment value in biopharmaceutical company Neumora Therapeutics, reaching an impressive growth of 195.8%.
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Philadelphia Teenagers Swarm Stores, Leading to Arrests
Teenagers in Philadelphia's Central City are causing chaos by swarming stores and looting merchandise, leading to arrests. These incidents are unrelated to recent demonstrations.
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TI Fluid Systems Announces Structural Changes to Drive Growth
TI Fluid Systems is implementing strategic changes to its organizational structure to remain customer-centric and adaptable in the electric vehicle market. The company aims to achieve significant revenue growth and restore double-digit earnings margin.
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