Beyond Meat Deal With Walmart Rallies Stock
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Beyond Meat stock (NASDAQ: BYND) is experiencing an incredible rally, increasing over 700% in the last five days to $6.73 and continuing to rise during intra-day market activity.
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Read MoreAmericans worry about retirement income sustainability
Nearly 90% of working-age Americans are concerned about how they’ll generate income in retirement — and more than half worry about outliving their savings.
That’s according to the 2025 U.S. Retirement Survey by Schroders, a London-based multinational asset manager. The report, released Tuesday,
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Read MoreThe shutdown is complicating the Fed’s ability to help the economy
Washington
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The Federal Reserve was already facing one of its most difficult battles, steering a shifting economy through a weakening labor market and stubborn inflation. The government shutdown just made that fight even harder.
To make determinations about its rate policy and other decisions to help the economy,
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Read MoreUS Echoing ‘Alarm Bells’ of 2008 Crisis: Central Bank Chief
Bank of England Governor Andrew Bailey sounded the alarms on the recent collapse of two U.S. auto businesses, First Brands and Tricolor, during testimony before the House of Lords this week, according to reports.
Why It Matters
Bailey’s remarks come as millions of Americans remain concerned about the state of the country’s economy.
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Read MoreUS Stock Markets Today: S&P 500, Dow Jones Surge As Inflation Data Boosts Fed Rate Cut Bets
The main Wall Street indices rose on Friday after latest consumer price index data indicated that Federal Reserve could cut rates this year.
Minutes into the trade, the Dow Jones Industrial Average rose 228 points or 0.5%, S&P 500 rose over 0.64%, and Nasdaq Composite was up 0.87%.
The September CPI inflation rose 0.3%,
Read MoreThe Burst
1 Top Trader Just Bought Netflix
Is Netflix breaking out? If you are to believe Mark Minervini, a renowned trader with a very successful track record, the answer is yes, but there’s more to the story than meets the eye.
First let’s take a look out at the chart highlighting the recent breakout above resistance of Netflix. As you can see a few days ago the share price peeked above resistance,
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Read MoreThe Ivy
Is This Insane 14.9% Dividend Yield Safe?
Dividends have historically been an extremely important factor in investors’ overall returns in the stock market, providing liquid income and creating opportunities for growth through reinvestment.
Today, though, soaring stock prices associated with expectations of high future growth have sent dividend yields well below their historical averages. The S&P 500 today yields just 1.2%,
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Read MoreThe Spotlight
Billionaire Bets 16.1% of Portfolio on 1 Energy Stock
Billionaire David Tepper has taken big stakes in some of the best known companies on earth. He’s bet 14.1% of his portfolio on Alphabet, 12.0% of it on Amazon, and 8.7% on Meta. Surprisingly though, none of those tech bellwethers eclipse his top holding in a single energy company, Constellation Energy. He’s put an astonishing 16.1% of his portfolio into this one energy stock,
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