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Is Amazon (NASDAQ:AMZN) stock on the cusp of a breakout, or just a fake out? It’s been rough going for Amazon’s loyal investors during the past year. However, the story of 2023 is still unfolding, and there are valid reasons to stay in the trade with Amazon. Not long ago, InvestorPlace contributor Bret Kenwell suggested that
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JPMorgan Chase & Co. Chief Executive Jamie Dimon will be deposed in two civil lawsuits over the bank’s relationship with the late financier Jeffrey Epstein, according to reports Tuesday. In December, the U.S. Virgin Islands’ attorney general sued JPMorgan, alleging the bank had turned a blind eye to Epstein’s sex trafficking of minors while providing
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We take a look at 6 interesting ETFs that made their debut in the first quarter. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
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Investors are continually searching for the next significant market opportunity to continue augmenting their wealth. Recently, one of the most thrilling trends has been the emergence of the metaverse. This digital realm holds the potential to revolutionize our interactions with technology and with each other. In this context, it is crucial to consider the significance
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In the aftermath of this month’s banking crisis, plenty of financial stocks appear appealing. However, far from bargains, many of these stocks are to be considered dividend stocks to avoid. Despite recent moves to rescue distress institutions, don’t assume this banking crisis is close to resolution. More firms could be direct/indirectly affected, resulting in further
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It’s no surprise that SoFi Technologies (NASDAQ:SOFI) stock has performed poorly as of late. This month’s banking crisis has considerably pressured financial stocks. Add in the surface-level similarity between SoFi, and SVB Financial (NASDAQ:SIVB), and it makes even more sense why the market has gone from bullish to bearish on shares in this fintech firm/neobank.
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For DraftKings Inc., 2022 was another banner year — at least it was for the online sports betting and digital sports entertainment company’s three co-founders, if not for investors. The Boston-based company reported $1.38 billion in losses in 2022, narrower than the $1.52 billion it lost the year before, while revenue grew 73% to $2.24
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In this article CCL PACW FCNCA COIN Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images Check out the companies making the biggest moves midday: Coinbase Global — Shares of the cryptocurrency exchange tumbled nearly 10% in midday trading, along with Bitcoin and ether, after the Commodity Futures and Trading Commission
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An excellent way to find stocks to buy is by examining the holdings of exchange-traded funds (ETFs) that focus on the subject matter you’re interested in. In this case, safe blue-chip stocks. Investopedia defines blue-chip stocks as follows: “These are typically large, well-established, and financially sound companies that have operated for many years and that
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Like with other financial stocks, the recent banking crisis has affected the performance of Ally Financial (NYSE:ALLY) stock. However, after plunging on the heels of many bank collapses, ALLY stock has found support. Growing speculation that legendary investor Warren Buffett’s firm, Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B), already a large Ally Financial shareholder, will make a takeover
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Lyft Inc.’s incoming Chief Executive David Risher looks at the ride-hailing company’s competition with Uber Technologies Inc. as a way to keep both companies “honest and focused,” he said in an interview with MarketWatch on Monday. “There’s lots of two-service dynamics, or market dynamics, like Coke and Pepsi, or the Nasdaq and the [New York Stock
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📧 Understand the financial markets in just 5 minutes for FREE! Subscribe now: https://bit.ly/3kUoYEn 🎧 Listen to our episodes here: https://link.chtbl.com/BTCTIP Preston talks with Security Intelligence Director, Mathew Pines about Bitcoin and global macro impacts happening around the world. They also discuss the importance of stable coins and the US potentially ensuring a CBDC doesn’t
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Strong Buy Stocks in the Technology Sector. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
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