News
Autodesk Stock Slides Following Disappointing Guidance
Shares of Autodesk (ADSK) drop after the company's latest guidance falls short of expectations. Analysts have varying opinions on the outlook for the company.
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SEC Sues Kraken in Regulatory Crackdown on Crypto
The SEC is suing Kraken for operating as an unregistered securities exchange and commingling customer funds. Bitcoin price remains steady amid regulatory crackdown.
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Bitcoin and Cryptocurrencies Show Bullish Momentum Amid ETF Optimism
Bitcoin and other cryptocurrencies are experiencing a bullish rally as optimism grows for the approval of ETFs, with Bitcoin surging over 30% since October.
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Schwab Sees Declines in Net New Assets
Charles Schwab experiences declines in net new assets as a result of TD Ameritrade integration and delayed tax disbursements. Multi-generational relationships with financial advisors are rare. LPL Financial introduces a new employee channel for advisors serving wealthy clients. Advisors are advised to transform meetings into events. Snappy Kraken expands presence in the broker-dealer space. Stephanie Link shares insights on finding opportunities in equities.
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Big Tech Still Climbing, but Nasdaq Yet to Reach Record High
Despite a strong year for Big Tech, the Nasdaq Composite has not reached its record high from 2021. Several influential tech companies have driven the Nasdaq's growth, but it remains below its previous peak. Higher interest rates and geopolitical uncertainty pose challenges for the tech sector's future performance.
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Canadian Manufacturing Prices Decline, Driven by Crude Oil Costs
Canadian manufacturing prices have declined due to lower raw material costs, specifically driven by a drop in crude oil prices. This article explores the impact on energy and petroleum products, as well as softwood lumber prices. Additionally, it discusses the decline in raw material prices, influenced by geopolitical instability and falling demand. The article highlights the cooling of Canada's economic activity and the anticipation of a weak economy in the coming year.
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Gresham Technologies to Exit Legacy Sub-Contracting Business with ANZ
Gresham Technologies will no longer engage in lower-margin legacy sub-contracting with ANZ, resulting in a decrease in revenue. Negotiations for business renewal with ANZ are in progress.
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Volvo Car Shares Plummet
Volvo Car shares take a dive as majority shareholder plans to sell, aiming to boost liquidity and extend opportunities for investors.
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General Electric Stock Soaring to New Heights
General Electric (GE) stock is on track to achieve its highest close in over five years, presenting an intriguing puzzle for market analysts. GE has enjoyed a remarkably successful month and an even more outstanding year overall, positioning it for its best year on record.
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Crypto Market Update
The cryptocurrency market had mixed movements, with Dogecoin (DOGE) rising and Solana (SOL) falling. Cardano (ADA) and Uniswap (UNI) also saw notable increases. Bitcoin, Ripple, Ethereum, Polygon, and Polkadot all had declines. Additionally, there were developments in the crypto-related company space and movement in cryptocurrency-focused funds.
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