Author: pluginever
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These are the stocks on my watchlist (8/15)
Hi! I am an ex-prop shop equity trader. This is a daily watchlist for trading: I might trade all/none of the stocks listed, and even stocks not listed! I only hold MAG7/market indices long-term. If you use Old Reddit, click “Show Images” at the top to expand the charts. Any positions stated aren’t recommendations, I’m…
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Chinese tech giant Tencent’s quarterly profit jumps 82% as key gaming unit accelerates
Tencent beat second-quarter top and bottom line estimates as growth in its key gaming division accelerated. Here’s how Tencent did in the June quarter against LSEG consensus estimates: Revenue: 161.12 billion Chinese yuan ($22.5 billion) versus 160.77 billion yuan expected. Profit attributable to equity holders of the company: 47.63 billion Chinese yuan versus 39.95 billion…
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PepsiCo can be sued over health claims for Gatorade protein bars
[ Removed by Reddit on account of violating the content policy. ]
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Deep dive into Dutch Bros ($BROS)
1.0 Introduction Dutch Bros ($BROS) is capturing the attention of many with its impressive location growth. What started as a small pushcart selling espresso drinks back in 1992, expanded to a chain with over 900 locations, posing the question: Is it the next Starbucks? 2.0 The Secret To Its Success Unlike the competitors, over 90% of the…
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July CPI rose 2.9% YOY lower than the expected 3.0% coupled with the rising unemployment rate could be the sign of the Fed’s pivoting point.
July CPI rose 2.9% over the last 12 months lower than the expected 3.0% This CPI is probably the most important for this year as it will likely be the clear indicator for the Fed interest rate to pivot. July nonfarm payroll employment edged up by 114,000, and the unemployment rate rose to 4.3 percent.…
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Bloomberg: US Considers a Rare Antitrust Move: Breaking Up Google
A rare bid to break up Alphabet Inc.’s Google is one of the options being considered by the Justice Department after a landmark court ruling found that the company monopolized the online search market, according to people with knowledge of the deliberations. The move would be Washington’s first push to dismantle a company for illegal…
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GE Healthcare – juicy?
The last post on this was a year ago. https://www.reddit.com/r/stocks/comments/13fncfi/ge_healthcare_technologies_gehc_new_ceo/ which didn't offer much insight. Q1 results were bad. That sent the stock diving to $70-80 range, but it's climbing steady. Q2 results – same story but market ignored this stock as if it's irrelevant. Trying to understand why? Am I missing something more dominant…
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Intel sells stake in UK chip designer Arm amid company-wide restructuring and cost cuts
Intel has sold its 1.18 million share stake in British chip firm Arm Holdings, according to a regulatory filing, as the California chip designer shores up its balance sheet amid intense competition. The sale, disclosed on Tuesday, likely raised Intel nearly $147 million, based on Arm’s average stock price between April and June. Intel had…
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Berkshire reveals stakes in Ulta Beauty, Heico as it retreats from Apple
Aug 14 (Reuters) – Warren Buffett's Berkshire Hathaway (BRKa.N), opens new tab acquired stakes in cosmetics store chain Ulta Beauty (ULTA.O), opens new tab and aircraft parts maker Heico (HEI.N), opens new tab during the second quarter, when it also significantly cut its huge stake in Apple (AAPL.O) Berkshire owned about 690,000 Ulta Beauty shares…
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Nike shares pop as Bill Ackman’s Pershing Square discloses a $229 million stake
Shares of Nike Inc (NYSE:NKE). 5.1% gained in afterhours trading Wednesday after Pershing Square Capital Management LP, the hedge fund led by billionaire investor Bill Ackman, disclosed a new position in the sportswear giant. The stake, comprising approximately 3 million shares, was valued at around $229 million at the end of the second quarter. The…