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Dow Jones Falls As Fed Official Says This On Interest Rates; Nvidia Pops After Wall Street Call (Live Coverage)
The Dow Jones Industrial Average continued to lose ground at midday even as Microsoft (MSFT) held steady amid EU antitrust charges. Nvidia (NVDA) popped after a Wall Street call while SolarEdge Technologies (SEDG) plunged on a debt offering. Chipotle Mexican Grill (CMG) was rallying on the stock market today ahead of its 50-for-1 stock split […]
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Dow Jones Steady As Autodesk Jumps On Hedge Fund Move; Warren Buffett Unloads This Stock (Live Coverage)
The Dow Jones Industrial Average was lower as Microsoft (MSFT) slipped despite a bullish call. Gold miner Newmont (NEM) popped on an upgrade on the stock market today. Nvidia (NVDA) hit another all-time high while Warren Buffett firm Berkshire Hathaway (BRKB) cut its stake in Chinese EV giant BYD (BYDDF). X The Dow Jones index […]
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Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy
The bitcoin price could hit $1 million by 2033 and is likely to reach a $200,000 cycle-high by 2025. MicroStrategy initiated as outperform with a $2,890 price target at Bernstein. The software company’s long-term convertible debt strategy means it has time to benefit from bitcoin upside with limited liquidation risk to the crypto on its […]
Maine Trust for Local News wins award for coverage of Lewiston shooting
Jun. 13—The nonprofit that owns the Portland Press Herald, Sun Journal and Kennebec Journal has been recognized for its coverage of the Lewiston mass shooting. The New England First Amendment Coalition, an organization dedicated to protecting First Amendment rights, is honoring the Maine Trust for Local News with the Michael Donoghue Freedom of Information Award. […]
RTÉ announce Euro 2024 pundtiry lineup, coverage details
James McClean, Shay Given and Didi Hamann are among the pundits confirmed by RTÉ for their Euro 2024 coverage, with all 51 games at the tournament in Germany to be broadcast live. The tournament kicks-off tomorrow, Friday, June 14th, as hosts Germany face Scotland in Munich and all 51 games will be free-to-air on RTÉ. […]
Federal Reserve Signals Just One Rate Cut In 2024; Fed Chair Powell Due (Live Coverage)
The Federal Reserve surprised Wall Street on Wednesday afternoon, signaling that just one quarter-point rate cut is likely this year. The hawkish shift was all the more surprising because it came after May’s consumer price index delivered the best inflation news all year. The S&P 500 and Nasdaq had surged into record territory after the […]
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Oracle Stock Jumps After Hours On Results, AI News (Live Coverage)
Oracle (ORCL) on Tuesday reported fiscal fourth quarter earnings and sales that came in lower than expected for earnings and revenue. But Oracle stock gained as the company touted its AI demand and revealed plans to work with OpenAI and Microsoft (MSFT). Oracle posted adjusted earnings of of $1.63 per share from sales of $14.3 billion. […]