Author: pluginever
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Best way to earn yield on cash at Schwab, without losing ability to trade it?
Schwab pays a near 0% on idle cash, compared to other brokers paying nearly 5%. They have money market mutual funds, but your cash is tied up until next business day should you wish to access it. Curious what others are doing in my boat… active trader who sometimes goes multiple days (sometimes weeks) without…
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After 4 years of investing into single stocks: it’s not about financial education but all about psychology and luck
In early 2020, at age 21, I started to invest in the stock market by picking single stocks that I analysed through thorough due diligence (mostly fundamental). During that time I just finished my bachelors degree in International Business and now I am on the verge of finishing my masters degree in Finance & Banking.…
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Microsoft confirms mixed reality layoffs, will keep selling HoloLens 2
Microsoft will lay off some employees who work on mixed reality, a spokesperson told CNBC on Monday. Although the cuts will affect the department that contributes to the HoloLens 2 augmented reality headset, Microsoft plans to continue selling the device. The reduction comes a year after the software maker said it would make changes to…
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FDIC Says 63 Lenders on Brink of Insolvency but doesn’t give the names 😐
https://dailyhodl.com/2024/06/02/517000000000-in-unrealized-losses-hit-us-banking-system-as-fdic-warns-63-lenders-on-brink-of-insolvency/ Unrealized losses in the US banking system are once again on the rise, according to new numbers from the Federal Deposit Insurance Corporation (FDIC). In its Quarterly Banking Profile report, the FDIC says banks are now saddled with more than half a trillion dollars in paper losses on their balance sheets, due largely to exposure…
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Waste Management to acquire Stericycle in $7.2 billion deal
WM will acquire all outstanding shares of Stericycle for $62 per share in cash, representing the deal’s total value when including Stericycle’s net debt of around $1.4 billion. I am surprised this has not been posted yet. Thoughts? $SRCL is up almost 15% while $WM is almost down 5% as of this posting. Might be…
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NYSE technical issue impacting some stock prices, incorrectly showing Berkshire Hathaway down 99%
A technical issue at the New York Stock Exchange on Monday caused the A-class shares of Warren Buffett’s Berkshire Hathaway to appear to be down nearly 100%. Trading was halted in those shares, as well as in Barrick Gold and Nuscale Power, which had also seen dramatic falls. The NYSE said in a 10:11 a.m.…
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r/Stocks Daily Discussion & Technicals Tuesday – Jun 04, 2024
This is the daily discussion, so anything stocks related is fine, but the theme for today is on technical analysis (TA), but if TA is not your thing then just ignore the theme. Some helpful day to day links, including news: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider…
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Rate My Portfolio – r/Stocks Quarterly Thread June 2024
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism. Why quarterly? Public companies report earnings quarterly; many investors take this as an opportunity to rebalance their portfolios. We highly recommend you do some reading: A list of relevant posts & book recommendations. You…
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This killed day trading for me..
I haven't told hardly anyone this because it kills me to think about. I had started day trading paper stocks. I was reading day trading books by reputable day traders, watching live YouTube traders and actually was doing pretty good. In 1 year, I had turned the original 10,000 paper money I started with into…
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Nvidia Expansion Plays – Intel Acquisition?
I recommend watching Jensen's interview with Patrick Collison at a recent Stripe Conference. Jensen forecasts the need to replace $2 Trillion worth of computers with GPUs. Optimistic forecast but I can see the need to move away from general compute. The concept of building A.I. factories is fascinating. Nvidia has a market cap of $2.6…