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Rooting for Trump to fail has made his stock shorters millions: There have been plenty of scary moments, including last week when DJT, the ex-president’s ...
pbs.org/newshour/politics/rooting-for-trump-to-fail-has-made-his-stock-shorters-millions
Rooting for Trump to fail has made his stock shorters millions
Quick Glance: Profiting from Trump's Truth Social Appears Lucrative
  • An amateur Wall Street investor group has made millions by betting against the stock price of Trump's social media company.

  • Their bets are driven by the company's poor financials rather than personal feelings towards the former president.

  • Despite paper profits of at least $200 million, they remain cautious due to the stock's volatility.

  • Buyers of Trump's stock could amplify losses for short sellers through massive purchases and a potential 'short squeeze.'
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Google parent announces first-ever dividend; beats on sales, profit; shares soar: Alphabet announced its first-ever dividend on Thursday and a $70 billion stock ...
reut.rs/3UyBaJX
Google parent announces first-ever dividend; beats on sales ...
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Harley-Davidson profit falls 23% on slowing sales, shares tumble: Harley-Davidson on Thursday reported a 23% decline in first-quarter profit ...
reuters.com/business/autos-transportation/harley-davidson-quarterly-profit-falls-slow-demand-2024-04-25/
Harley-Davidson profit falls 23% on slowing sales, shares tumble
Quick Glance: Harley-Davidson Boosts Profit with New Models
  • Harley-Davidson reported a better-than-expected first-quarter profit, driven by sales of new Touring motorcycles in North America.

  • The company benefited from increased demand for the newly launched 2024 Touring models, while facing declining sales in Europe and Asia.

  • Adjusted earnings per share for the first quarter were $1.72, exceeding the average analyst expectation of $1.51 per share.

  • Revenue from motorcycles and related products decreased by about 5% to $1.48 billion in the quarter, but still surpassed estimates of $1.34 billion.
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The CEO of Jefferies Just Sold $65 Million in Shares to Buy a Yacht: Jefferies CEO Rich Handler sold $65 million worth of stock in the company to buy a yacht ...
robbreport.com/motors/marine/rich-handler-yacht-tilman-fertitta-1235594863/
The CEO of Jefferies Just Sold $65 Million in Shares to Buy a Yacht
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Hertz Global eyes worst day on record as EV rental business falters: Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage ...
reuters.com/business/autos-transportation/hertz-global-eyes-worst-day-record-ev-rental-business-falters-2024-04-25/
Hertz Global eyes worst day on record as EV rental business falters
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Google parent Alphabet reclaims spot in $2 trillion valuation club: Alphabet breached the $2 trillion market value mark for the first time since November 2021 on ...
reuters.com/technology/google-parent-alphabet-reclaims-spot-2-trillion-valuation-club-2024-04-26/
Google parent Alphabet reclaims spot in $2 trillion valuation club
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Meta shares plunge as prolonged AI spending plans unnerve investors: Meta Platforms' shares plunged 14% in premarket trading on Thursday as the social media ...
reuters.com/technology/meta-shares-plunge-16-frankfurt-after-ai-spending-revenue-forecast-2024-04-25/
Meta shares plunge as prolonged AI spending plans unnerve investors
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Google surges after buying back billions of dollars of its own stock: Alphabet, the parent company of Google, bounced back from an absolutely dreadful day for ...
cnn.com/2024/04/25/tech/google-tech-earnings-dividend/
Google surges after buying back billions of dollars of its own stock
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Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
cnbc.com/2024/04/24/meta-loses-200-billion-in-value-zuckerberg-focuses-on-ai-metaverse.html
Meta loses $200 billion in value as Zuckerberg focuses earnings call on ...
Quick Glance: Meta Invests Heavily in Artificial Intelligence
  • Meta focuses on AI to enhance app appeal

  • The smart glasses with AI capabilities aim to attract users

  • Meta envisions AI assistants for complex tasks in communication

  • Meta aims to become a global leader in AI, despite significant investments
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Meta stock sinks as investors ‘caught off guard’ by AI spending plans - National | Globalnews.ca
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Meta stock sinks as investors ‘caught off guard’ by AI spending plans - ...
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A $1 million wealth gap now divides white families from Black and Hispanic ones, research shows
nbcnews.com/news/latino/1-million-wealth-gap-white-black-hispanic-families-rcna149252
A $1 million wealth gap now divides white families from Black and Hispanic ...
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Taylor Swift Repeat-Wears This Do-It-All Spring Staple That’s as Low as $8: Taylor Swift wore a square-neck tank top with cap sleeves in a YouTube Shorts video ...
instyle.com/taylor-swift-square-neck-tank-top-8638512
Taylor Swift Repeat-Wears This Do-It-All Spring Staple That’s as Low as $8
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Meta earnings weigh on Magnificent Seven stocks, but investors shouldn’t panic: Analysts see opportunity coming out of Meta’s earnings and advise investors to ...
marketwatch.com/story/meta-earnings-weigh-on-magnificent-seven-stocks-heres-why-investors-shouldnt-panic-fc3f94ed
Meta earnings weigh on Magnificent Seven stocks, but investors shouldn’t ...
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A photographer documented Black cowboys across the U.S. for a new book: NPR's A Martinez speaks with photojournalist Ivan McClellan about his new book ...
npr.org/2024/04/24/1246716227/black-cowboy-culture-ivan-mcclellan-photographer-8-seconds-book
A photographer documented Black cowboys across the U.S. for a new book
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U.S. Economic Growth Slows to 1.6%: U.S. economic growth slowed in the first part of the year, falling short of economists’ expectations.
on.wsj.com/3UypAig
U.S. Economic Growth Slows to 1.6%
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
  • Investors cast doubt on a Fed rate cut before September.

  • Expectations are now fully priced in for a rate cut on November 6-7.

  • The shift in market expectations stemmed from inflation and growth data.

  • There is now an estimated 75 percent likelihood of a Fed rate cut by September.
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Why Do Millennials Feel Compelled To Write 'Lol' After Everything?: "I’ve transitioned to ‘haha’ instead of ‘lol’ because I read that 'lol' is millennial-coded."
huffpost.com/entry/why-do-millennials-write-lol-after-everything_n_6622dd3be4b0167f7bf4e2d0
Why Do Millennials Feel Compelled To Write 'Lol' After Everything?
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Kering’s Shares Are Down 18%, and It’s Hitting François Pinault’s Pocket Book: Shares in Kering are down 18 percent this year, and the company's founder ...
robbreport.com/lifestyle/news/kering-future-francois-pinault-1235596657/
Kering’s Shares Are Down 18%, and It’s Hitting François Pinault’s Pocket ...
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Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Fears about stagflation are mounting in the US. It’s every central ...
Quick Glance: Rising Key Fed Inflation Measure in March
  • In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.

  • The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.

  • Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.

  • Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
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Anglo American rejects BHP's $39 billion takeover proposal: Anglo American rejected rival miner BHP Group's 31.1 billion pound ($39 billion) takeover proposal on ...
reuters.com/markets/commodities/bhp-shares-fall-36-after-making-39-bln-bid-rival-anglo-american-2024-04-26/
Anglo American rejects BHP's $39 billion takeover proposal
Quick Glance: BHP Proposes Acquisition to Anglo American
  • Anglo American receives BHP buyout proposal, reshaping the copper market.

  • The proposal involves BHP acquiring Anglo shares, sparking industry transactions.

  • Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.

  • The potential deal could make BHP the world's largest copper producer with market impacts.
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You’re not paying as much tax as you think: One thing we can all agree on is that taxes are up. “The people in the engine room of the economy are increasingly ...
newstatesman.com/politics/uk-politics/2024/04/youre-not-paying-as-much-tax-as-you-think
You’re not paying as much tax as you think
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PR strategies vital for maintaining crisis, says expert: The Manager of Communications, Chevron Nigeria and Mid-Africa Business Unit, Victor Anyaegbudike ...
punchng.com/pr-strategies-vital-for-maintaining-crisis-says-expert/
PR strategies vital for maintaining crisis, says expert
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Self-defence claims are for court to decide- Delta PPRO: The PPRO for the Delta State Police, Bright Edafe has called on Nigerians to manage their anger to avoid ...
punchng.com/self-defence-claims-are-for-court-to-decide-delta-ppro/
Self-defence claims are for court to decide- Delta PPRO
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Jah Wobble Q&A: “Evil spirits shattered my parking sensors”: Jah Wobble was born in London in 1958. In the late 1970s he played bass in Public Image Ltd ...
newstatesman.com/culture/qa/2024/04/jah-wobble-qa-evil-spirits-shattered-my-parking-sensors
Jah Wobble Q&A: “Evil spirits shattered my parking sensors”
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Louise Haigh: Labour manifesto will pledge rail renationalisation: In recent years, the mere mention of Britain’s railways has prompted grim laughter ...
newstatesman.com/politics/labour/2024/04/louise-haigh-labour-manifesto-will-pledge-rail-renationalisation
Louise Haigh: Labour manifesto will pledge rail renationalisation
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Labour’s rail plans show Keir Starmer’s cautious populism: Labour has announced plans to nationalise the railway operators by folding them into a publicly owned ...
newstatesman.com/politics/labour/2024/04/labours-rail-plans-show-keir-starmers-cautious-populism
Labour’s rail plans show Keir Starmer’s cautious populism
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Charles move left ‘furious’ Harry ‘in tears’: Prince Harry was left “furious” and “in tears” after his father decided to evict his family from Frogmore Cottage ...
news.com.au/entertainment/celebrity-life/royals/prince-harry-furious-in-tears-over-king-charles-decision/news-story/cf2233850121b9d243f4ead9abb51ac7
Charles move left ‘furious’ Harry ‘in tears’
Quick Glance: Meghan Markle's Podcast Delayed until 2025 - Issues with Schedule
  • Meghan Markle's podcast with Lemonada Media has been delayed until next year, as reported by sources.

  • The company is struggling to launch the podcast to avoid overshadowing by the Duchess's new Netflix project.

  • The couple signed a lucrative $100 million Netflix deal and have two new series in early production stages.

  • Markle is currently focusing on her new brand and Netflix series centered around cooking and polo.
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Weak business figures: Tesla's quarterly profit falls by 55 percent: The US electric car manufacturer Tesla is struggling with falling sales figures ...
n-tv.de/wirtschaft/Teslas-Quartalsgewinn-faellt-um-55-Prozent-article24896184.html
Weak business figures: Tesla's quarterly profit falls by 55 percent
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Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Elon Musk finally the 'adult in the room,' Tesla headed for growth: ...
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
  • Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.

  • Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.

  • The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.

  • Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
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Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears: Tesla shares surged 10% on Wednesday after the electric-car maker eased some worries ...
reuters.com/technology/tesla-jumps-musks-promise-more-affordable-cars-eases-growth-fears-2024-04-24/
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears
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Solar firm SunPower to cut jobs, shut business segments: SunPower said on Wednesday it plans to cut jobs and shut certain business segments as part of a ...
reuters.com/business/energy/solar-company-sunpower-reduce-workforce-shut-business-segments-2024-04-24/
Solar firm SunPower to cut jobs, shut business segments
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Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
cnbc.com/2024/04/24/djt-trump-media-ceo-asks-house-gop-to-launch-stock-manipulation-probe.html
Trump Media jumps more than 9% after CEO asks House GOP to probe possible ...
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Truth Social owner Trump Media asks Congress to investigate ‘troubling’ market manipulation claims
cnn.com/2024/04/24/business/trump-media-truth-social-stock-manipulation/
Truth Social owner Trump Media asks Congress to investigate ‘troubling’ ...
Quick Glance: Trump Media Seeks Congressional Probe on 'Troubling' Market Manipulation Claims
  • Trump Media & Technology Group is asking Congress to investigate suspicions of illegal activity affecting its stock price.

  • In a disclosed letter, Devin Nunes, the CEO of Truth Social owner Trump Media, urged GOP Chairmen of relevant House Committees to examine the 'urgent matter' of 'potential manipulation' of the company's stock price.

  • Trump Media recently reported a $58 million loss in 2023 with minimal revenue. The company's price-to-sales ratio, a common stock valuation method, is notably high compared to competitors in the social media sector.

  • In the communication to Congress, Trump Media highlighted that data suggests 'just four market participants' accounted for over 60% of the exceptional trading volume in the company's stock: Citadel Securities, Virtu Americas, G1 Execution Services, and Jane Street Capital.
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Tesla said on Tuesday it had pulled forward the launch of new models from the second half of 2025, sending its shares up nearly 7% in after-hours trading. Show more
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Tesla's in trouble. Is Elon Musk the problem?: Cybertruck: stalling. The stock: falling. The CEO: appalling. Why his gamble may cost him more than a $50 billion ...
mashable.com/article/tesla-without-elon-musk
Tesla's in trouble. Is Elon Musk the problem?
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Trump to receive 36 million additional shares of Truth Social parent company, worth $1.17 billion
usatoday.com/story/money/2024/04/23/trump-truth-social-stock-price-bonus/73423982007/
Trump to receive 36 million additional shares of Truth Social parent ...
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Trump to score additional $1.2 billion windfall thanks to his Truth Social app: Trump is getting additional shares in his social media company ...
npr.org/2024/04/23/1246645808/truth-social-shares-windfall-trump-media-technology-group
Trump to score additional $1.2 billion windfall thanks to his Truth Social ...
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Beyoncé Shares Her Wash Day Ritual And Reveals Natural Hair Length: Beyonce shared an Instagram video breaking down how she maintains her signature blonde using ...
elle.com/beauty/hair/a60566731/beyonce-cecred-haircare-routine/
Beyoncé Shares Her Wash Day Ritual And Reveals Natural Hair Length
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Meta’s Profits More Than Double, While Spending on A.I. Rises: The owner of Facebook, Instagram and WhatsApp continued to grow, even as it said it would spend ...
nytimes.com/2024/04/24/technology/meta-profit-stock-ai.html
Meta’s Profits More Than Double, While Spending on A.I. Rises
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Tesla’s in its flop era: Tesla is in trouble. Sales are down, its stock is tumbling, and the company’s future appears to be in doubt ...
theverge.com/24134781/tesla-q1-2024-earnings-sales-market-share-elon-musk
Tesla’s in its flop era