In this article PANW ANF URBN GLW A Follow your favorite stocksCREATE FREE ACCOUNT Customers exit an Abercrombie & Fitch store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Citigroup – Citigroup shares fell nearly 3%. The bank announced plans to spin
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In this article ULTA RH MRVL Follow your favorite stocksCREATE FREE ACCOUNT Matt Murphy, president and CEO of Marvell Technology Adam Jeffery | CNBC Check out the companies making headlines before the bell: Marvell Technology — Marvell Technology surged 17% in premarket trading after reporting a top-and-bottom beat in its first quarter. Marvell posted adjusted
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The stocks on the list are prominent tech stocks with cutting-edge AI language models. The first stock’s advancements include the PaLM API, MakerSuite, and the Generative AI App Builder. It enables developers to generate various media from natural language prompts. In contrast, the second one collaborates with OpenAI and utilizes GPT-3.5 to resolve complex cloud incidents. It is revolutionizing
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Short-squeeze opportunities are capturing the attention of investors, both seasoned traders and newcomers alike. These sudden and dramatic surges in stock prices, can offer enticing prospects for shrewd investors. This article will delve into three unexpected short-squeeze opportunities. These top short-squeeze stocks present intriguing possibilities. When seeking short-squeeze opportunities, identifying stocks with high short interest
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Federal Reserve officials are still persistent on hiking interest rates in the coming months amid inflationary pressures in the U.S. This is a crippling headwind for most tech stocks, as their valuations are tied to future growth, and thus become less attractive investments compared to bonds when rates increase. The possibility of interest rate hikes
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There’s a bad news, good news situation happening with global movie-theater chain AMC Entertainment (NYSE:AMC). The bad news is that a highly respected investment fund reportedly liquidated its full position in AMC stock. However, the good news is that at least one analyst envisions growth and improvement for AMC Entertainment based on expected box-office receipts. AMC
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The soft inflation report was a sigh of relief for many sectors, especially the energy industry. With high-interest rates, economic slowdown, and weakness across multiple sectors, oil prices have taken a hit. They have seen massive volatility over the past few months. With the onset of summer, I believe oil prices could be ready for
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Plug Power (NASDAQ:PLUG) has demonstrated impressive top-line growth, and the PLUG stock perma-bulls will be sure to point this out. Yet, that’s not the full story. Even as Plug Power reports strong revenue and issues an ambitious outlook, the hydrogen and fuel cell producer seems to have trouble converting its sales into profits. It’s no secret
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Insider buying, or the legal, reported purchase of shares in a company by its C-suite/board members/large shareholders, is considered a bullish signal. However, does that mean it is best to sell/avoid stocks insiders are selling? Put simply, it depends. Heavy insider selling, or even a lack of insider buying, can sometimes be a sign that those most
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With the Scion Asset Management hedge-fund manager rocketing to fame thanks to the film “The Big Short,” seemingly everyone wants to talk about Michael Burry stock picks. Recently, CNBC featured the contrarian and often-enigmatic investor, disclosing Scion’s top 10 holdings as of the first quarter’s end. True to form, these Michael Burry stocks offer an
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