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The Rise of Cannabis Debt The cannabis debt market is ablaze! The five recent issues showcased on the chart sizzled in the third quarter of 2024, collectively netting a whopping $632 million in proceeds. This fervor surpasses any quarter’s performance since the tail end of 2021, painting a vivid picture of the scorching hot nature ...
Exploring Oversold Tech And Telecom Stocks with Potential for Growth Exploring Oversold Tech And Telecom Stocks with Potential for Growth Amidst the tumult of the stock market, a glimmer of hope emerges in the communication services sector. An opportunity to plunge into undervalued companies beckons as oversold stocks beckon the courageous investor. What is this ...
In the arena of semiconductor supremacy, three titans stand tall: Broadcom Inc (NASDAQ: AVGO), Micron Technology Inc (NASDAQ: MU), and Marvell Technology Inc (NASDAQ: MRVL). Let’s delve into the battleground to see who emerges victorious and who falters. The Dominator: Broadcom Broadcom’s stock is ablaze, showing no signs of cooling down. With a remarkable 97.28% ...
New Opportunities Unfold Today marks the inception of trading for Alibaba Group Holding Ltd’s January 2027 options. With 851 days until expiration, these new contracts offer an intriguing prospect for both put and call sellers. The allure lies in the time value, potentially enabling sellers to fetch a superior premium compared to nearer-expiry contracts. Optimistic ...
Apple’s Renaissance: Steve Jobs’ Impact on Stock Value Apple’s Renaissance: Reflecting on Steve Jobs’ Return On this day in 1997, a phoenix arose from the ashes of despair as Steve Jobs returned to rescue Apple Inc. from the clutches of bankruptcy. What followed was more than a mere resurrection – it was a revolution that ...
Lucid Group (NASDAQ: LCID) made a grand entrance into the realm of luxury electric vehicles (EVs) in 2021, sporting the tag of the “next big thing” akin to Tesla (NASDAQ: TSLA). Under the leadership of Peter Rawlinson, a Tesla alumnus, Lucid’s promises gleamed with plans to dispatch 20,000 vehicles in 2022 and an ambitious 49,000 ...
Recounting Trump’s Recent Brush with Danger Former President Escapes Assassination Attempt at Golf Course Brandon Bell/Getty Images News Update 2 6:40 PM ET: Rewrites throughout, Changes headline, Adds details Amid the serene greens of his West Palm Beach golf club in Florida, former President Donald Trump faced a chilling moment as the Federal Bureau of ...
Warren Buffett’s investment acumen has astounded observers for decades, with his astute stock selections and outperforming portfolio at the helm of Berkshire Hathaway. Over 58 years, he has steered the conglomerate to over a 19% compounded annual growth rate, leaving the S&P 500’s 10% increase of the same era in the dust. Buffett’s philosophy revolves ...
Wells Fargo & Company experienced a 4% dip in its stock value in response to an announcement made in conjunction with the Office of the Comptroller of the Currency (OCC). This formal agreement focuses on addressing weaknesses within the bank’s anti-money laundering (AML) and sanctions risk management procedures. The agreement highlights deficiencies in various areas ...
Delving deep into the realm of oversold tech stocks, there lies a promising opportunity to venture into undervalued companies. The Relative Strength Index (RSI), a momentum indicator comparing a stock’s strength on up and down days, offers a glimpse into its short-term performance potential. When the RSI hovers at or below 30, an asset is ...