Stock market

Expect consumer price inflation in May to be very hot with rising gas, food and rent prices

Shoppers wear masks while shopping at a Walmart store, in North Brunswick, New Jersey, July 20, 2020. Eduardo Munoz | Reuters Economists expect inflation in May continued to burn, with costs for energy, food, rent and health care rising. According to Dow Jones, economists expect the consumer price index to rise 0.7% from 0.3% in …

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Buffett’s student Mohnish Pabrai names his favorite investing books

Are you looking to invest in stocks with long-term value? Veteran investor Mohnish Pabrai has two books he recommends. Speaking to CNBC Pro Talks, Pabrai — a value investor and disciple of billionaire Warren Buffett — said “100 to 1 in the Stock Market” is a “very well written” book. Written by Thomas Phelps and …

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India’s stock market: India’s share of global market capitalization is at its highest level in a decade at 3.1 percent

< div data-artseo=”markets/stocks/news/indias-share-in-global-market-cap-at-a-decade-high-of-3-1″ data-article_id=”92036117″ data-no-of-words=”217.0″> India’s share fell to the lowest level of 2.1% in March 2020. It has been expanding continuously since then. Summary India’s outperformance is largely due to the continuous buying by local investors. They have cumulatively invested $34 billion in Indian stocks over the past year, while foreign investors have withdrawn …

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Elon Musk threatens to walk away from Twitter deal

CNN – Elon Musk issued his biggest direct threat yet to walk away from his Twitter (TWTR) purchase on Monday, publicly The social media company is accused of breaching the merger agreement by not providing the data it requested regarding spam and fake accounts. In a letter to Twitter’s head of legal affairs, policy and …

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Dow jumps 400 points, Nasdaq adds more than 2% to trim two-day losing streak

US stocks rose on Thursday after an intraday comeback as the three major indexes snapped each of their two-day losing streak. The Dow Jones Industrial Average added 435.05 points, or 1.3%, to close at 33,248.28. The S&P 500 rose 1.8% to 4176.82. The technology-heavy Nasdaq Composite advanced 2.7% to 12316.90. The three averages are now …

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Find stability in this turbulent market – and cash payout – with these stocks

Markets have been very volatile in recent weeks and the new month started Wednesday in a similar fashion. But even in an unpredictable market, many companies are well positioned to offer good dividend payouts and low volatility. Stocks are grappling with an uncertain start to the year as the Federal Reserve raises interest rates and …

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The first step for self-driving car companies to make money is not the autopilot

A WeRide robotic taxi with sanitary supplies drives to Liyuan District on June 4, 2021 in the southern Chinese city of Guangzhou. Southern Metropolis Daily | China Optical Group | Getty Images BEIJING – While governments may be wary of self-driving cars, people want to buy technology, and companies want to make money. It is …

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Capri Holdings, Salesforce, Weibo, etc.

Check out the companies making headlines before the bell: Capri Holdings (CPRI) — The parent company of luxury brands such as Michael Kors, Versace and Jimmy Choo saw its stock rise 11% in the primary market after posting better-than-expected quarterly numbers before nearly all of those gains were returned. Capri earned an adjusted $1.02 per …

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WM Motor’s files for Chinese electric car startup will be rolled out to the public in Hong Kong

Chinese electric car company WM Motor, or Weltmeister, filed for an initial public offering in Hong Kong on Wednesday. Pictured here is one of the company’s cars in a shopping mall in Shanghai. Future Publishing | Future Publishing | Getty Images BEIJING – WM Motor Corporation filed a Chinese electric car startup on Wednesday for …

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