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Hedgeye's 'Fundamental Short, Grossly Overvalued' Call On Reddit Stock Sends It Plummeting: What Lies Ahead?
2024 Mar 28, 3:40pm | 490Reddit Inc. (NYSE:RDDT) is facing its steepest decline since its initial public offering. Hedgeye Risk Management issued a bearish report suggesting a significant downturn for Reddit shares, projecting a staggering 50% drop below current levels. Redditor EchoInTheHoller via post at r/stocks,...
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General Motors CFO Discusses EV Progress and Capital Allocation at BofA Securities 2024 Automotive Summit
2024 Mar 28, 11:58am | 665At the recent BofA Securities 2024 Automotive Summit, General Motors Chief Financial Officer Paul Jacobson provided an insightful overview of the company's current position and future outlook, particularly in relation to its electric vehicle (EV) production and capital allocation strategies....
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GameStop Needs To Get Its Game Back
2024 Mar 27, 11:19am | 540On Tuesday, GameStop Corporation (NYSE: GME) missed both top and bottom-line estimates with its latest quarterly report. Amid the ongoing shift to digital downloads with the rise of the cloud gaming platform by Microsoft Corporation (NASDAQ: MSFT) that accelerated the digitalization of the gaming...
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Why Does Everyone Think AI Is So Scary? Battling Fear Before It Cripples The Industry
2024 Mar 26, 4:05pm | 1554To say that artificial intelligence is a hot topic is somewhat of an understatement. You cannot even go to the local coffee shop without overhearing someone talking about it. And while work within the areas of AI, machine learning and neural networks have been ongoing for decades, it wasn...
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The Fourth Bitcoin Halving and Its Potential to Shatter the $70,000 Ceiling Once More
2024 Mar 26, 3:18pm | 380The fourth Bitcoin halving, expected in mid-April 2024, is anticipated to increase market volatility. Bitcoin's value is currently at a crucial juncture, close to its previous all-time high of $69,000. Despite a 77% drop from its all-time high, Bitcoin recovered by surging 337% to new highs....
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The Rising Popularity of Venture Debt, Structured Equity and Advice for Founders
2024 Mar 26, 12:03pm | 894In the current economic landscape, characterized by higher interest rates, lower valuations, and considerable dry powder sitting on the sidelines, companies are increasingly turning to a mix of structured equity and debt to raise capital. We’ve seen this recently with notable financing rounds...
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EXCLUSIVE: Interest Rates Rode The Elevator Up, But Analyst Predicts They'll Take 'The Stairs Coming Down'
2024 Mar 26, 11:01am | 797Interest rates are on everyone’s radar, but what’s the game plan amid the Federal Reserve’s decision to hold steady for now? Benzinga interviewed Greg McBride, CFA, Senior Vice President of Bankrate, for his exclusive insights on the current state of the economy and his...
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Reddit Options Buying Leaning Toward Bullish Sentiments On Wall Street
2024 Mar 26, 8:39am | 680Reddit Inc (NYSE:RDDT), the social media platform that sparked a market frenzy with its initial public offering (IPO), is now witnessing a surge in bullish options activity. According to recent reports and discussions on online forums like r/stocks and r/wallstreetbets, shares of Reddit...
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Reddit Investors Eye Airbus Amid Boeing Turmoil: Opportunities In Aviation Stocks Explored
2024 Mar 22, 1:08pm | 719Airbus SE (OTCPK: EADSF) (OTCPK: EADSY) made significant strides in the aviation market by clinching orders for 65 jets from two of Boeing Co‘s (NYSE:BA) key Asian customers, dealing a blow to its struggling American rival amidst a sprawling manufacturing crisis. Airbus clinched orders for...
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5 Technologies That Could Be Worth $220 Trillion By 2030, Cathie Wood's ARK Predicts: 'The Time Is Now'
2024 Mar 22, 9:26am | 662ARK Investment Management LLC predicts that five disruptive technologies could reach a total market value of $220 trillion by 2030. According to the latest white paper, “Platforms Of Innovation – How Converging Technologies Should Propel A Step Change In Economic Growth,” the Cathie...
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AMD 'The Nice Ugly Stepsister Of Hot Bae Nvidia': Redditor Sees Stock Reaching $450 By Year End
2024 Mar 20, 4:12pm | 542In a post echoing their triumphant Nvidia Corp. (NASDAQ:NVDA) prediction, Reddit user 1ncehost turns to Advanced Micro Devices Inc (NASDAQ:AMD), calling it “the nice ugly step sister of hot bae Nvidia.” Expect the stock to soar to $450, 1ncehost wrote. DD: I DD’d the nvidia run...
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Investor Optimism Hits 2-Year High, Yet Division Over AI, Magnificent 7 Bubble Emerges: Onset Of The Great Rotation?
2024 Mar 20, 11:10am | 653The latest Bank of America Global Fund Manager Survey (FMS) for March 2024 reveals a significant uplift in optimism among fund managers, with economic growth expectations reaching a two-year high as recession risks fade away. This optimism has translated into increased allocations to stocks,...
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Microsoft Is The 1 Stock To Hold For The Next 30 Years, Redditors Say
2024 Mar 19, 4:07pm | 723In a recent discussion on the r/investing subreddit, the question of which stock to hold for the next 30 years sparked a debate among Redditors, with Microsoft Corp (NASDAQ:MSFT) emerging as a compelling choice. If you had to choose one stock to hold for the next 30 years, which would it be and...
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Is Boeing 'Too Big To Fail'? Some Redditors Suggest Buying The Dip
2024 Mar 19, 2:40pm | 789Aircraft manufacturer Boeing Co (NYSE:BA) is facing turbulent times. Recent discussions on Reddit shed light on contrasting perspectives regarding the stock’s prospects. Let’s delve into these insights for Boeing: "Boeing is too big to fail, so buy it while it's down" byu/MarketMan123...
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What Caused Humana's Shocking Earnings Miss?
2024 Mar 19, 11:13am | 113Humana, Inc (NYSE: HUM) In this video Chuck Carnevale, Co-Founder of FAST Graphs will go over Humana. Humana missed estimates dramatically for the 4th quarter of last year and analysts have now cut their forecast for 2024 virtually in half, what could have happened to this well managed healthcare...