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Monthly Archives: December 2019

Microsoft chart is flashing a warning signal

Microsoft is on a rocketship this year. The stock is the second best Dow performer in 2019, up 52%. It is also likely to close out its eighth positive year in a row, a record stretch. Matt Maley, chief market strategist at Miller Tabak, sees signs its massive run may …

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Americans are split on impeachment

President Donald Trump adjusts his jacket during a tour of Apple’s Mac Pro manufacturing plant in Austin, Texas, November 20, 2019. Tom Brenner | Reuters Ahead of a historic House vote to impeach President Donald Trump, a new CNBC All-America Economic Survey finds the nation evenly divided on the question, …

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6 Long, Absorbing Books to Get You Through Your Vacation

“The Goldfinch” is the gold standard of vacation reading — propulsive, thought-provoking, sweeping and full of such texture, you’ll still remember the name of a minor canine character six years after reading it. (He is Popper, a portly Maltese.) I used it as a life raft during a family vacation …

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Shopify, Nvidia and PayPal shares have ‘more room to run’

The stock market continues to make record highs, but there remain some bargain stocks that investors can choose from, according to CNBC’s Jim Cramer. The basket of picks he presented on Tuesday come from equities analysis offered by Carolyn Boroden of FibonnaciQueen.com. They are primarily software plays that touch the …

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AT&T says it will continue investing in Mexico: Mexican president

FILE PHOTO: Mexico’s President Andres Manuel Lopez Obrador attends a news conference at the National Palace in Mexico City, Mexico December 10, 2019. REUTERS/Henry Romero MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Tuesday that he met with AT&T Inc (T.N) Chief Executive Randall Stephenson, who …

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Micron and one other semi could be best way to ride chipmaker rally

Semis’ massive surge rolls on. The SMH semiconductor ETF has risen more than 6% this month, triple the gains in the tech sector. The charts are sending Oppenheimer’s head of technical analysis, Ari Wald, a message. “They are signaling to stick with semis. This is one of our favorite market …

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Artist at center of Italian anti-racism row defends ape pictures

MILAN (Reuters) – Artist Simone Fugazzotto defended on Tuesday a widely criticized anti-racism campaign launched by Italy’s Serie A soccer league which features his paintings of apes. Italian artist Simone Fugazzotto, who designed an anti-racism artwork featuring three side-by-side paintings of apes that was presented by Italian soccer league Serie …

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Beyond Meat to benefit from ongoing pork shortage, Bernstein says

Meat prices are rising following a pork shortage caused by the outbreak of African Swine Fever, which could create a spike in demand for plant-based products like Beyond Meat, Bernstein said Tuesday. African Swine Fever continues to spread in China, which is a significant piece of the worldwide the pork …

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History says big market drop investors feared is not likely

The Technology Select Sector ETF, the XLK, is up over 3.5% in the past week. The rally in technology stocks earned the sector another record high on Monday, and history suggests the winning streak will continue through the end of the year. Coming into December, many investors were fearful about …

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Netflix, AT&T, Verizon and Comcast were the decade’s media kingmakers

A man browsing the channel selections on TV at his home in Las Vegas. Getty Images In 1996, Bill Gates said “content is king,” and his words became a truism in the media and telecommunications industry. But over the last ten years, it turned out that content distributors — AT&T, …

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