DJT Stock Is Recovering Friday. Trump Media Has Still Had a Bad Week.
Shares of Trump Media & Technology, the parent of the Truth Social site, was gaining early Friday after plunging 8% on Thursday.
The stock moves Thursday underscored that whatever points President Donald Trump and Elon Musk scored against each other in their public back and forth, they both lost in the market.
» Read more about: DJT Stock Is Recovering Friday. Trump Media Has Still Had a Bad Week. »
Read MoreStock market today: Dow, S&P 500, Nasdaq futures rise as Trump-Musk feud cools, with jobs report on deck
Lululemon (LULU)
Shares in the apparel company plunged 21.7% after the company issued weaker-than-expected guidance for the second quarter and claimed profits are at risk in a “dynamic macro-environment”. The brand expects Q2 earnings per share in the range of $2.85 to $2.90,
Read MoreWill the RBI rate cut push Indians to swap fixed deposits for stock market investments?
In a surprise move, the Reserve Bank of India announced a 50 basis point reduction in the repo rate during the second bi-monthly MPC meeting on Friday, bringing the rate down to a three-year low of 5.5%, signalling the regulator’s confidence in India’s overall sound macroeconomic condition.
With inflation easing,
US markets are no longer safe for investments, says a $39 billion fund house
The US has ceased to be a secure destination for foreign investors because of risks stemming from President Donald Trump’s tax and spending bill, according to Raphael Gallardo, chief economist at French asset manager Carmignac.
Gallardo is the latest market commentator to voice deep concern about Section 899 of the bill.
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Read MoreFrom $3 McDonald’s breakfasts to $18 haircuts: Inside Warren Buffett’s frugal life
In a past interview with CNBC and Yahoo Finance, he shared that he never felt the desire for multiple homes or cars.
So how does the billionaire spend his fortune?
A collection of Ukulele
Buffett is an avid bridge player,
Read MoreThe Burst
Time to Buy Black Gold?
In spite of recent volatility, energy stocks have historically provided strong returns during periods of crude oil price recovery. With crude oil prices nearing the lower end of their range and a bullish shift in fundamentals, is now the time to begin long positions in the energy sector?
Crude oil is approaching the $70 per barrel mark,
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Read MoreThe Ivy
Will RingCentral Pay 100% Returns to New Buyers?
As business teams become increasingly global and remote, it can be a challenge to keep an enterprise connected. Teams often use multiple devices and various communication methods in a single session, for example video conferencing and instant messaging.
Unified communications is the integration of all those aspects across an organization, which can dramatically improve productivity and efficiency.
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Read MoreThe Spotlight
Market Commentary: Why Did Nvidia Go Up So Much?
A powerful investing lesson lies hidden in the movement of Nvidia this year. As the calendar turned to 2023, the stock was trading at $143 per share. Within fewer than two quarters, it had catapulted well above $300 per share. What could justify a 169% year-to-date return?