Category: Stock

Insane Hong Kong Stock Bubble Make Bitcoin Look Boring
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Insane Hong Kong Stock Bubble Make Bitcoin Look Boring

Hong Kong marble stock ArtGo plunged 98% in a day earlier this week, wiping out $5.7 billion. It’s the latest in a string of massive Asian stock bubbles including Kasen International and Tibet Water. Recent trading bubbles makes bitcoin’s ‘bubble’ look practically placid. One of the world’s best-performing stocks just took a 98% hammering when…

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Disney (DIS) Stock to Soar After Q4 Earnings and Amazon Partnership
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Disney (DIS) Stock to Soar After Q4 Earnings and Amazon Partnership

Disney posted a strong fiscal fourth-quarter performance that topped analyst estimates. The media titan also announced it struck a key partnership with Amazon for its Disney+ streaming service. Analysts are busy buying call options and going long on DIS. While Disney (NYSE:DIS) has been pulling back from the all-time high of $147.15, the company has…

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McDonald’s Stock Doubled in 4 Years Under Fired ‘Lovin’ it’ CEO
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McDonald’s Stock Doubled in 4 Years Under Fired ‘Lovin’ it’ CEO

McDonald’s stock is up 10% this year after hitting an all-time high in August. Steve Easterbrook’s exit will not lead to a change of strategy according to the incoming CEO. The fast-food chain prohibits even consensual relationships between executives and their juniors. Outgoing McDonald’s (NYSE: MCD) CEO Steve Easterbrook may have paid the ultimate price…

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Fitbit (FIT) Stock Spikes Over 40% on News of Google Parent Acquisition; Buy the Rumor
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Fitbit (FIT) Stock Spikes Over 40% on News of Google Parent Acquisition; Buy the Rumor

Fitness company Fitbit has grabbed the limelight recently due to news of possible acquisition by Alphabet. It has been two days since the news broke but until now there’s no confirmation, suggesting that other companies are also vying for the smartwatch-maker. The rumors will likely keep shares soaring as traders speculate on the acquisition price.…

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Why Beyond Meat Stock May Not Be Dead Meat
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Why Beyond Meat Stock May Not Be Dead Meat

Beyond Meat stock may have gotten the wind knocked out of it, but that doesn’t mean it’s down for the count. Right now, investors are showing little appetite for BYND, but the stock is still up by a double-digit percentage year-to-date. The alternative meat company is a first-mover, and it will have an advantage if…

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Johnson & Johnson (JNJ) Stock Crashes Following FDA Asbestos Discovery
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Johnson & Johnson (JNJ) Stock Crashes Following FDA Asbestos Discovery

Shares of Johnson & Johnson (NYSE:JNJ) plunged on Friday amid reports the consumer healthcare company had recalled some of its baby powder after government testing found traces of asbestos in one of the bottles. JNJ Confirms Asbestos Discovery Already bogged down by thousands of lawsuits tied to its leading baby powder product, Johnson & Johnson…

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