Reddit Reaction Gif People Say Im Funny
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Billionaire Ron Baron Says Recent Market Weakness Offers Huge Buying Opportunity; Here Are 3 Beaten-Down Stocks Analysts Like
Last month, the annualized rate of inflation hit 8.6%, the highest in more than 40 years. Last week, in response, the Federal Reserve bumped up its benchmark interest rate by 75 basis points, the largest such hike since 1994. The combination of high inflation and aggressive tightening action by the central bank sent an already jittery stock market to its worst single week since the onset of the COVID crisis, and has economists talking gloomily about a repeat of the late 1970s and early 1980s, wh
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Acadia's stock down 30% in premarket trading on Tuesday after last week's FDA committee vote
Shares of Acadia Pharmaceuticals Inc. were still down 30.5% in premarket trading on Tuesday, days after a Food and Drug Administration advisory committee voted against approval of the company's treatment for hallucinations and delusions associated with Alzheimer's disease psychosis. The committee on Friday voted 9-3 that the benefits of pimavanserin do not outweigh the risks. The FDA, which is not required to follow the advice of the committee but often does, is expected to decide whether to app
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Sundial Growers Enters into a Bid Agreement for Zenabis Global Inc.'s Assets
Sundial Growers Inc. (Nasdaq: SNDL) ("Sundial" or the "Company") announced today that, in the context of the initial order pursuant to the Companies' Creditors Arrangement Act (Canada) ("CCAA") pertaining to the Zenabis Group (as defined below) rendered on June 17, 2022, it entered into a purchase agreement, in the form of a "stalking horse bid" (the "Bid Agreement"), pursuant to which the shares of Zenabis Global Inc. and the business and assets of its direct and indirectly wholly-owned subsidi
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Is Boeing Stock a Buy?
While many stocks in the sector have outperformed the market in 2022, and a few (Raytheon Technologies, AAR Corp, and Hexcel) are actually in positive territory, Boeing stock is down a whopping 36% in 2022, and 48% over the last year. There's little doubt that the problems at Boeing are a combination of the general market plus its own execution problems. If it isn't multi-billion dollar cost overruns and charges with Boeing's defense business, it's significant operational and regulatory issues across all its major commercial aircraft.
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3 Stocks I'm Buying During a Tech Stock Correction
The NASDAQ Composite Index has declined by close to 32% year-to-date to enter its second bear market in less than three years. Although stock prices have come down significantly for a wide swath of businesses, you should not feel disheartened. Here are three stocks you can consider buying during this bear market in technology stocks.
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Want $10,000 in Annual Dividend Income? Invest $134,200 in These Ultra-High-Yield Stocks
Morgan Stanley's chief executive officer James Gorman was the latest prominent executive to warn of a coming recession, saying at a June 13 financial conference, "It's possible we go into recession, obviously, probably 50-50 odds now." Ultra-high-yield dividend stocks can be a good place to run for cover during turbulent markets. Investors with an extra $134,200 in capital lying around to evenly split between these two quality income stocks could generate growing five-figure annual dividend income in the years ahead.
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Why Acadia Pharma Shares Are Plunging Today
A panel of the FDA's outside experts voted 9-3 that Acadia Pharmaceuticals Inc's (NASDAQ: ACAD) pimavanserin doesn't appear to be effective at treating patients with Alzheimer's-related psychosis. The drug, Nuplazid, is already indicated for Parkinson's-related psychosis. Acadia tried and failed last year to get another FDA approval for Alzheimer's psychosis. Related: Acadia Stock Drops After FDA CRL For Pimavanserin Application In Hallucinations and Dementia-Related Psychosis. "We are disappoin
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Meet the 'unluckiest' stock market investor of modern times
If you're thinking of pulling your 401(k) out of the stock market, or you're too terrified to invest more, you need to meet my friend Betty Badluck. Poor old Betty has had the worst luck of any stock market investor you've ever met. In the last 40 years she has invested in the stock market just six times.
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Why Shares of Affirm, Upstart, and Nu Holdings Are Rising Today
Shares of several high-growth fintech stocks rebounded Tuesday after a brutal sell-off last week that was triggered by the Federal Reserve's decision to hike its benchmark interest rate by 75 basis points. Shares of the "buy now pay later" (BNPL) company Affirm (NASDAQ: AFRM) had risen by roughly 12.6% as of 11:11 a.m. ET Tuesday. Artificial intelligence-powered lending tech specialist Upstart (NASDAQ: UPST) was nearly 12% higher, and shares of Brazilian digital bank Nu Holdings (NYSE: NU) were up by more than 13%.
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Tesla sued by former employees over 'mass layoff'
(Reuters) -Former Tesla Inc employees have filed a lawsuit against the U.S. electric car company alleging its decision to carry out a "mass layoff" violated federal law as the company did not provide advance notice of the job cuts. The lawsuit was filed late Sunday in Texas by two workers who said they were terminated from Tesla's gigafactory plant in Sparks, Nevada, in June. According to the suit, more than 500 employees were terminated at the Nevada factory.
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If You'd Invested $1,000 in AMD in 2015, This Is How Much You Would Have Today
Shares of Advanced Micro Devices (NASDAQ: AMD) have been brutally battered in 2022 as investors have shunned richly valued technology companies amid rising interest rates, surging inflation, and the semiconductor shortage that's hurting the growth of chipmakers. As the chart above shows, AMD stock has gained nearly 3,000% since the beginning of 2015, easily beating the S&P 500. Such massive gains in AMD stock have been driven by impressive growth in the company's revenue and margins over the years, which have fueled impressive bottom-line growth.
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U.S. home sales slump further; median house price hits record high
WASHINGTON (Reuters) -U.S. existing home sales tumbled to a two-year low in May as prices jumped to a record high - topping the $400,000 mark for the first time - and as mortgage rates increased further, sidelining first-time buyers from the market. Existing home sales fell 3.4% to a seasonally adjusted annual rate of 5.41 million units last month, the lowest level since June 2020 when sales were rebounding from the COVID-19 lockdown slump. May's sales were mostly closings on contracts signed one to two months ago, before mortgage rates started accelerating amid a surge in inflation expectations and the Federal Reserve's aggressive interest rate hikes.
Source: https://finance.yahoo.com/news/2014-05-10-reaction-gifs.html
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