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30 years of market history says tech stocks will end 2019 much higher

Apple came under pressure earlier this week, and as the second-biggest stock by weight in the S&P 500, that weighed on U.S. equities. Apple is one of five “big tech” companies among the S&P 500’s top 10 holdings: Microsoft (No. 1); Amazon (No. 3); Facebook (No. 4); and Alphabet are …

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How Ohio is coping with high opioid overdose rate slamming its economy

Spencer Platt | Getty Images Montgomery County, in southwest Ohio, is ground zero for the opioid crisis. The region has one of the highest overdose death rates in the country — mostly due to the illicit use of these narcotics. This statewide plague has rocked communities as prison populations for …

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Four stocks are putting up a fight against Amazon in retail

Shoppers walking into a Lululemon store Scott Mlyn | CNBC Amazon, the most dominant name in shopping and retail, is facing increasing competition from a new breed of niche players in the industry, CNBC’s Jim Cramer said Tuesday. While names like Costco, Target and Walmart have their own grip on …

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Netflix’s ‘Stranger Things’ gaffe — no red M&Ms in 1985

“Stranger Things” season three picks up in the summer of 1985. The Hawkins crew are on the cusp of adulthood and faced with enemies old and new. Netflix Netflix’s hit science fiction show “Stranger Things” has captivated audiences with its spooky plot, lovable characters and, of course, its nostalgic nods to …

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Hedge funds clinch best start since 2009 as equity bets pay off

Traders work on the floor of the New York Stock Exchange (NYSE) in New York. Michael Nagle | Bloomberg | Getty Images Strong, widespread gains in June catapulted hedge funds to their best start to a calendar year in a decade as equity bets, trend-following and activist strategies paid off. …

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Broadcom looks to Symantec, Tibco, as chip business declines

Broadcom CEO Hock Tan announces the repatriation of his company headquarters to the United States from Singapore as U.S. President Donald Trump looks on during a ceremony in the Oval Office of the White House on November 2, 2017 in Washington, DC. Getty Images After the Trump administration blocked Broadcom’s …

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‘Stranger Things’ helps illustrate the flaws in Netflix’s strategy

A scene from Netflix’s “Stranger Things”. Source: Netflix From T-shirts and collectibles to pool floats and Burger King Whoppers, it’s hard to escape the massive advertising campaign for the upcoming third season of Netflix’s hit TV show “Stranger Things” due out on July 4. Retro Coca-Cola cans and Eggo waffle …

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Why stocks can rally in July past weakest earnings since 2006

The market closed with more gains across major stock indexes on Tuesday — the S&P 500 posted its seventh record close of the year — and trading history suggests July can be a big winner for equities. Investors are showing some signs of wariness because performance has been so strong …

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One signal shows the S&P 500 and Apple can surge double digits: Cramer

The market may face some rough waters later this week, but the S&P 500 could be poised to surge more than 11% from current levels, CNBC’s Jim Cramer said Tuesday. The S&P finished the session above 2,973, another all-time high close. “The charts, as interpreted by Carolyn Boroden, suggest that …

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Ariana Grande’s ‘Sweetener’ tour drives record voter registration at concerts

Concert goers prior to Dead & Company in concert at Sleep Train Amphitheatre in Chula Vista, California. Daniel Knighton | FilmMagic | Getty Images Ariana Grande’s “Sweetener” tour, which began in March, is already breaking records — at least for registering new voters ahead of the 2020 presidential election. Grande …

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