Why Centrus Energy Stock Was Soaring This Week
According to data compiled by S&P Global Market Intelligence, Centrus Energy (LEU 22.44%) stock was having quite the run with an almost 21% price rise week to date as of early Friday morning. Investors clearly liked what they saw of the nuclear fuel and services supplier’s latest set of quarterly earnings,
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Read MoreCathie Wood makes rare $23 million bet on battered consumer stock
Cathie Wood, chief of Ark Investment Management, is best known for trading high-growth tech names. But this week, she took an unexpected shift, buying millions worth of a consumer-oriented stock …
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Read MoreVeteran fund manager who forecast S&P 500 rally updates surpising outlook
ARK Invest’s Cathie Wood says markets are shaking off major headwinds and may be primed for upside surprises—while warning Trump’s new tariffs could still trigger a recession if mishandled.
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Read MoreCathie Wood Sells $41 Million Worth Of Palantir Shares Following Post-Earnings Plunge
Cathie Wood’s Ark Invest sold shares of Palantir Technologies on Tuesday, a trade worth $41.03 million, according to Benzinga. Palantir’s stock declined after its latest earnings report, despite …
Read MoreWorld shares are mostly lower after a mixed session on Wall Street
World shares and U.S. futures slipped Thursday after U.S. stocks drifted to a mixed close on Wall Street.
Oil prices fell about $2 a barrel.
China moved to reverse some of its “non-tariff” measures against the U.S. as agreed with Washington in their temporary trade war cease-fire and most markets traded in a narrow range.
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Read MoreThe Burst
1 Stock Paying a Massive 6.8% Yield
Many economists, including Nobel Prize-winner Paul Krugman, have pointed out that the stock market only represents a small area of the economy. The market can thrive even while people struggle with financial uncertainty, political strife, and worldwide illness.
Regardless of what economists say, it seemed strange to many that the market could reach new heights while so many consumers struggle.
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Read MoreThe Ivy
Alert: Billionaire Owns Under-the-Radar Stock with 48.7% Upside
Investment Alert: Buy EPAM Under $210/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.
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