Month: November 2023

Although considered a leading player in the electric vehicle (EV) charging infrastructure amid the growing popularity of EVs, ChargePoint Holdings (NYSE:CHPT) faces challenges. The stock has plummeted by 65% this year due to delayed compatibility with Tesla’s charging network, significant stock dilution and distant profitability prospects. Investors should exercise caution and consider these risks before
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In 2024, UBS expects disinflation and rising unemployment to impact economic output, prompting the Federal Open Market Committee to implement proactive rate cuts. The FEderal Open Market Committee designed the initial cut to prevent the nominal funds rate from becoming overly restrictive amid falling inflation, with subsequent cuts later in the year to counteract economic
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InvestorPlace published an article last December about the seven hottest biotech stocks to own in 2023 and beyond. One of the seven was the SPDR S&P Biotech ETF (NYSEARCA:XBI). XBI tracks the performance of the S&P Biotechnology Select Industry Index which represents the biotechnology sub-sector of the S&P Total Market Index. XBI currently has 133
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Applied Materials Inc.’s stock dropped more than 7% in extended trading Thursday after a report that the chip maker is under a criminal investigation by the Justice Department for potential export violations. Reuters reported Thursday that the company is being probed for possibly sending hundreds of millions of dollars’ worth of equipment to Chinese chip
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Knowing the AI stocks to avoid is just as important as identifying winners in artificial intelligence. AI stocks largely represent companies seen as innovative and disruptive, creating new markets and generating huge returns. But not every stock can be a winner. The Portfolio Grader evaluates all stocks in the market based on growth potential, debt
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The Democratic-run Senate has approved a short-term funding measure that prevents a partial government shutdown from hitting this weekend, with the vote coming after the Republican-controlled House of Representatives gave its OK on Tuesday to the continuing resolution. The measure passed late Wednesday night, by a vote of 87-11. “This Friday night there will be
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In this article UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT Despite indicators like U.S. credit card debt pointing toward financial and economic pressures, another global financial crash is not imminent, UBS chief U.S. economist Jonathan Pingle believes. U.S. credit card debt soared to $1.08 trillion in the third quarter of 2023, data from the Federal
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Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) stock continues to be affected by the U.S. Department of Justice civil suit filed back in January, alleging that the company engaged in monopolistic and anti-competitive actions in order to maintain its dominant position in search and digital advertising markets. The trial, which started in September, is still unfolding. However, in recent days,
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This article is reprinted by permission from NextAvenue.org. For many years, the coastal South American country of Ecuador had it all for Americans considering retiring abroad: great weather, a low cost of living and beautiful beaches. Ecuador ranked No. 4 in International Living magazine’s Best Countries to Retire Abroad in 2023. In many parts of Ecuador
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