Category: stocks
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Under Armour is laying off workers, retailer says North America sales will plunge
Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10% and predicted the trend will get worse throughout its current fiscal year. The athletic apparel retailer also saw profits sink by more than 96% during its fiscal fourth quarter, compared with the year-ago period.…
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Does /r/stocks only buy high?
Everytime someone mentions a stock that isn't doing well for whatever reason it seemingly gets destroyed in the comments and there will be hundreds of reasons not to buy it. I notice this every time I go do research on stocks that to me seem undervalued, are not doing well in regards to their competiton,…
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Biden Makes Historic Marijuana Rescheduling Announcement, Applauding ‘Monumental’ Move To Reverse ‘Longstanding Inequities’ – MSOS etf
https://www.marijuanamoment.net/biden-makes-historic-marijuana-rescheduling-announcement-applauding-monumental-move-to-reverse-longstanding-inequities/ President Joe Biden has announced that his administration is officially moving to reschedule marijuana under federal law, applauding the “monumental” action that follows an extensive administrative review that he directed. The Justice Department will soon post its proposed rule to move cannabis from Schedule I to Schedule III under the Controlled Substances Act (CSA)…
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Tesla’s self-driving tech ditched by 98 percent of customers that tried it
“A staggering 98 percent of Tesla owners decide not to keep using their self-driving technology after their trial period, data shows. Tesla charges customers $8,000 for the full self-driving technology, which has divided opinion since being unveiled by the company. Statistics from YipitData found that only two percent of new Tesla owners continue using the…
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r/Stocks Daily Discussion & Options Trading Thursday – May 16, 2024
This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't 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 news: Market…
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Does Wash Sale rule apply to JEPI / JEPQ?
I have had a position in JEPI for long enough that I have made more in dividends than I have lost in capital (ie, $21k divs minus $10k loss). I also have a much smaller position in JEPQ but it is doing much better overall. I would like to close JEPI at a loss and…
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My thoughts about Google and their potential threat from AI search engines
Hi all, I have seen a few comments on Reddit and YouTube regarding Google and their future. As you all know the competition in the search space is getting more competitive as companies trying to get a slice of that ad money. Meanwhile search bots have proven to be useful in many instances. As many…
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New at this. Beginners advice?
As the title says, I'm brand new to this. I've been really wanting to get an idea on how to get into trading and what the best first steps are. Remove if not allowed but I figured talking to people with experience was probably better than doing a Google search and stabbing in the dark.…
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Why do stocks get heavily marketed by the media AFTER they’ve already run up?
For example, the AI hype is absolutely obnoxious at this point. All that investing websites talk about is AI, Nvidia, Microsoft, ChatGPT, Google, etc etc. “Nvidia will 10x in the next 5 years – Motley Fool”. Ok sure bro. To be worth 20tril market cap? The size of multiple 1st world countries GDP? Nvidia literally…
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How do I start stocks?
I’m sure 30,000 people post this question every day but I’m genuinely lost. I just turned 21 and I want to get investments early to grow and set up a future for myself and future family but I have no idea where to start. All I’ve done so far was throw $15 into Robinhood on…