Tag: Investment

1st Edition ‘Superman’ Comic Set to Auction for More Than $2 Million

December 19, 2021
Business & EconomyEditionEntertainmentEntertainment NewsfirstInvestmentSupermanUSUS News
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By Emily Rella Look, up in the sky, it’s a bird, it’s a plane, it’s … an exorbitantly priced comic book that’s taking the collector’s world by storm! One of the original copies of Superman #1 from 1939 is up for auction through ComicConnect and is currently seeing a high bid of just above a…

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Hedge Funds Sell, Retail Investors Buy, Investment Data Show

December 19, 2021
Business & Economyhedge fundsInvestmentinvestorsMarketsstocks
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Since the Federal Reserve revealed its intentions to taper monetary policy, hedge funds have been diminishing their exposure to risk, new data show. But retail traders are piling into stocks, offering support to the leading benchmark indexes. New data, compiled by experts at Goldman Sachs’ brokerage firm and reported by Bloomberg, revealed that hedge funds…

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How 2020’s Hottest IPOs Have Performed in 2021

December 18, 2021
airbnbBusiness & EconomyCompaniesInvestmentIPOMarketssnowflake
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Global IPO markets have been running hot in 2021, setting new records in terms of volume and proceeds. One of the best predictors of future performance is past performance. Investors interested in how recent IPOs might fare in 2022 may consider reviewing how the hottest IPOs of 2020 performed in 2021. Many of the companies that made public debuts…

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The Improbable Bet: How One Lucky NFL Fan Turned $50 Into $450,000

December 18, 2021
Business & EconomyInvestmentNFLSports
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One bettor may know the National Football League better than anyone else … or just have some great luck on their side. What Happened A $50 bet placed with Caesars Sportsbook paid out a significant amount to one user who managed to guess the right side of 14 different NFL matchups betting on the spread. Caesars…

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Is It Time to Sell Stock in These 10 Top Performers of 2021?

December 18, 2021
AMCAsanaBusiness & EconomyCloudFlareCompaniesGameStopInmodeInvestmentLendingClubMarathonMarketsNewegg CommerceRiot BlockchainSilvergatestock
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This year has been a great year for stocks overall, with the SPDR S&P 500 ETF Trust on track to finish the year up more than 24 percent. Unfortunately, some stocks that started off the year red-hot are limping into the close of the year as investors cash out of their gains and rebalance their holdings…

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Stocks Slide, Safe Havens Gain as Omicron Worries Weigh

December 17, 2021
AfricaAsia & PacificBusiness & EconomyBusinesses in COVID-19CCP VirusCompanieseconomic policieseconomyEuropeglobalGold & CommoditiesHavensinflationInternationalInvestmentLocal NewsMarket WatchMarketsMedia & Big TechNew YorkOmicronRegional-Local NewssafestocksTexasUKUSUS NewsWorld
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NEW YORK—Global stock benchmarks and oil prices fell on Friday while safe havens such as the dollar and Treasury bonds rose as investors wrestled with a hawkish turn from major central banks in the fight against inflation and rising numbers of Omicron cases. Asian shares closed near lows for the year and broad-based European stock…

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Wall Street Falls After Slide in Big Tech Stocks

December 17, 2021
Business & EconomyBusinesses in COVID-19CCP VirusCompanieseconomic policieseconomyGold & CommoditiesinflationInternationalInvestmentLocal NewsMarket WatchMarketsMedia & Big TechNew YorkNY NewsRegional-Local NewsstocksTechUSUS NewsWorld
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Wall Street’s main indexes fell on Friday as big technology-related shares tumbled, reeling from the Federal Reserve’s decision to end its pandemic-era stimulus faster. An announcement from the Fed this week signaling three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation put pressure on heavyweight tech stocks. Growth stocks including…

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Deutsche Bank’s M&A Business in Fourth Quarter Extremely Strong, Executive Says

December 17, 2021
bankBusinessBusiness & EconomyBusinesses in COVID-19CompaniesDeutscheeconomyEuropeexecutiveInvestmentMarketsUSWorld
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FRANKFURT—Deutsche Bank’s merger and acquisition advisory business in the United States has been “extremely strong” in the fourth quarter, a bank executive said on Wednesday, adding that he was optimistic for 2022. Once Deutsche’s problem child, the investment bank is the lender’s biggest revenue generator, benefiting from a pandemic-induced trading boom and a wave of…

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Wall Street Opens Lower as Tech Stocks Slide

December 17, 2021
Business & EconomyBusinesses in COVID-19Companieseconomic policieseconomyInvestmentLocal NewsMarket WatchMarketsMedia & Big TechNew YorkNY NewsRegional-Local NewsstocksTechUSUS News
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Wall Street’s main indexes opened lower on Friday as big technology stocks tumbled, reeling from the Federal Reserve’s decision to end its pandemic-era stimulus faster, which pushed investors towards cyclical parts of the market. The Dow Jones Industrial Average fell 97.53 points, or 0.27 percent, at the open to 35,800.11. The S&P 500 opened lower…

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Rivian Expanding With New Factory in Georgia

December 17, 2021
Business & EconomyCompanieseconomyelectric vehicleInvestmentRivianTechTech NewsUSUS electric vehicle batteryUS News
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Electric transport startup Rivian will be setting up a second factory in Georgia, according to a company announcement on Thursday, indicating a positive outlook despite posting losses for the recent quarter after a disappointing Wall Street performance. From the proceeds of its Nov. 10 initial public offering, the Amazon-backed electric vehicle startup will invest $5…

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