​​Ford Isn’t Tesla Yet And Shouldn’t Be Trading Like An EV Stock, Jefferies Says

ToplineIt’s too early for investors to value and trade legacy automakers such as Ford like electric vehicle stocks, according to Jefferies analysts who recently downgraded shares of the company warning…

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Here’s Why Big Bank Stocks Like JPMorgan Are Struggling Despite Solid Earnings

ToplineShares of several major banks tanked on Friday—even after reporting solid quarterly earnings—as reports underwhelmed investors and some firms warned about rising expenses and “inflationary pressures” which could impact future…

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Stocks Surge After Powell Says Fed Not Afraid To Raise Rates Further If Higher Inflation Persists

ToplineThe stock market jumped—erasing earlier losses—after Federal Reserve Chairman Jerome Powell pledged in testimony before the Senate on Tuesday that the central bank wouldn’t hesitate to raise interest rates further…

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Blockbuster Deal Sends Zynga Shares Up 44% After Take-Two Announces $12.7 Billion Take Over

ToplineVideo game company Take-Two Interactive, known for “Grand Theft Auto,” “NBA 2K” and “Red Dead Redemption,” announced Monday that it is buying mobile gaming company Zynga in a blockbuster $12.7…

Continue ReadingBlockbuster Deal Sends Zynga Shares Up 44% After Take-Two Announces $12.7 Billion Take Over

Warren Buffett’s Berkshire Hathaway Hits All Time High At $700 Billion Market Valuation

ToplineShares of billionaire Warren Buffett’s investing conglomerate, Berkshire Hathaway, continued to their new year rally on Thursday, bringing the company’s market value to a new high of over $700 billion—and…

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