The lithium battery market is booming in 2023, thanks to the surge in electric vehicle sales. Consumers are switching to greener and cheaper alternatives to gas-powered cars, and governments are offering incentives and subsidies to encourage the transition. However, on the supply side of the market, a glut of lithium, precipitating from the rise of
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Student-loan borrowers are preparing to resume their payments this month after a three-year-long pause due to the COVID-19 pandemic. And the impending payments aren’t just putting a crimp on clothes, sneakers and nights out — they’re prompting lifestyle resets, stretching work schedules and sapping budget wiggle room, borrowers say. In Michigan, teacher Audra DeRidder, 27,
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A recent article in Barron’s about Chinese households opting to save rather than spend suggested that the country would have difficulty pulling out of the economic tailspin it’s been in since the pandemic began in early 2020. That’s terrible news for Chinese stocks. “An increasingly common belief is that China’s struggling economy, faced with headwinds
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In this article FDX PINS CRM ADBE MSFT Follow your favorite stocksCREATE FREE ACCOUNT Shantanu Narayen, CEO, Adobe. Mark Neuling | CNBC Investors are grappling with uncertainty after a difficult September left the major averages reeling. However, the current scenario also offers an opportunity to pick stocks that could generate attractive returns despite short-term pressures.
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Love her or loathe her, Cathie Wood’s magnetic pull on the investment world remains undiminished. Wood has uniquely curated portfolios brimming with disruptive tech firms and ambitious start-ups offering tremendous long-term upside potential. In its euphoric rally of 2020 to 2021, the investment maven’s flagship exchange-traded fund soared to new heights, delivering staggering triple-digit returns.
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U.S. stock-index futures surged higher Sunday night, after Congress narrowly avoided a government shutdown on Saturday. Dow Jones Industrial Average futures YM00, +0.50% rallied about 200 points, or 0.6% late Sunday. S&P 500 futures ES00, +0.55% and Nasdaq-100 futures NQ00, +0.75% also gained. On Saturday night, Congress approved a 45-day, bipartisan stopgap spending bill, which
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Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Billionaire investor Bill Ackman would “absolutely” do a deal with X, the social platform previously known as Twitter, with his newly approved investment vehicle, Ackman told The Wall Street Journal in a story
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Editor’s note: “AI’s Meteoric Rise Is a Trillion-Dollar Opportunity in the Making” was previously published in August 2023. It has since been updated to include the most relevant information available. The world has been buzzing about artificial intelligence (AI) since OpenAI first introduced ChatGPT back in November 2022. And initially, investors were skeptical of the hype
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Pavlo Gonchar | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Media stocks — A handful of media and studio stocks rose Wednesday after the nearly 150-day writer strike ended. Shares of Warner Bros. Discovery and Paramount Global jumped more than 2.5%, while Comcast added 0.9%. Disney hovered near the
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Recent comments by Bank of America (NYSE:BAC) CEO Brian Moynihan have increased my confidence in my thesis that the U.S. is heading for “a soft landing.” Specifically, Moynihan said the U.S. Federal Reserve already achieved “a soft landing.” That being said, investors may want to consider jumping back into consumer discretionary stocks – especially those that
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