Dow Jones Top Markets Headlines at 7 PM ET: Inflation Was 3.4% in July, Down Slightly From the Previous Month | U.S. …
Inflation Was 3.4% in July, Down Slightly From the Previous Month
The inflation rate cooled to 3.4% in July, the Labor Department said Wednesday.
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U.S. Stocks Mixed After Inflation Data, AI Earnings
U.S. stocks were mixed as deadlock in the Middle East offset relatively benign consumer-inflation data and an artificial-intelligence earnings bonanza.
Read MoreThe Burst
Crazy Great Depression Stat Scares Investors
Some things only look crazy in hindsight. Did anyone in 1929 know they were on the cusp of The Great Depression? A tiny minority, at best. The rest, well, they all piled into stocks, and a just few of them too.
Fast forward almost a century and investors appear to be committing the same financial crime,
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Read MoreThe Ivy
Is Shopify a Slam Dunk Buy on the Dip?
Recently, an under-the-radar tech company has captured the interest of top-tier investment funds. Hedge funds have quietly been acquiring significant shares that displays a conviction in this company’s potential to redefine its market.
So, what’s the stock is it a buy on the dip?
Key Points
- Shopify’s shift beyond subscriptions to financial services,
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Read MoreThe Spotlight
If You Could Only Buy 1 Stock, This Would Be It
Putting all your eggs in one basket is usually a bad idea, unless that basket is heavily diversified. Yet most companies fail the diversification test. Google is still largely a bet on advertising. Uber is mostly a bet on ridesharing and food delivery. And Netflix is a bet on streaming content. If even the titans of technology fail the diversification test,
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