Peloton executives celebrate at the Nasdaq MarketSite before the opening bell and his company’s IPO, Thursday, Sept. 26, 2019 in New York. Source: Nasdaq Peloton hit the market on Thursday amid a wave of investor skepticism, following the disappointing debuts of Lyft and Uber earlier this year and the WeWork …
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U.S. outgoing Federal Reserve Chair Janet Yellen holds a news conference after a two-day Federal Open Market Committee (FOMC) meeting in Washington, U.S. December 13, 2017. Jonathan Ernst | Reuters Here are the most important things to know about Friday before you hit the door. 1. Big economic data We’ll …
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Beyond Meat CEO Ethan Brown speaks before ringing the opening bell at Nasdaq MarketSite, May 2, 2019 in New York City. Drew Angerer | Getty Images Volatility could be returning to Beyond Meat. Shares of the maker of meat substitutes were recently trading up nearly 12% at just under $155 …
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An outbreak of a mysterious lung disease worsened over the last week with 805 confirmed or probable cases, a 52% surge over the previous week, the Centers for Disease Control and Prevention said Thursday. At least 12 people have died across 10 states so far, the CDC said, citing data …
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People look at a Tesla car at a showroom in Beijing. Wang Zhao | AFP | Getty Images Tracking sales in China can often be opaque but one analyst believes data on automotive insurance registrations reveals that Tesla has strong demand in the key market. “Tesla’s deliveries to real, actual …
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Homebuilding stocks are hammering out gains this year. D.R. Horton, Lennar and KB Home have surged more than 40% in 2019, while the XHB homebuilder ETF has increased 34%. Mark Newton, technical analyst at Newton Advisors, does not see the rally slowing down. “Homebuilders still look constructive to me,” Newton said …
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The United States remains the country with the highest number of “ultra high net worth” (UHNW) residents, defined as those with a net worth of $30 million or more, in the world. That’s according to data firm Wealth-X, which recently released its seventh edition of the “World Ultra Wealth Report.” …
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michaeljung | iStock | Getty Images Employers and workers will shell out more cash for health insurance in 2020. Large companies predict the total cost of workplace health-care coverage to reach an average of $15,375 next year, according the National Business Group on Health. That’s up from $14,642 in 2019. …
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Facebook Chief Executive Mark Zuckerberg walks past members of the news media as he enters the office of U.S. Senator Josh Hawley (R-MO) while meeting with lawmakers to discuss “future internet regulation on Capitol Hill in Washington, September 19, 2019. Joshua Roberts | Reuters Mark Zuckerberg had a face-to-face meeting …
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Payments company Square is being overlooked on Wall Street but that’s about to change, according to Wells Fargo. The firm upgraded Square’s stock to outperform from market perform. Wells Fargo’s target price is unchanged at $80. Square’s stock closed at $58.51 on Wednesday. “SQ’s fundamentals remain strong, investor sentiment is …
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