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GameStop Now Reports A Whopping $4 Billion Cash on Hand
GameStop now reports a whopping $4 billion cash on hand for the quarter ending July 31, 2024, breaking record from any other year. The increase in reported cash on hand has grown significantly since...
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Movie Theatres Will Now Invest $2.2 Billion in Massive Upgrades
Movie theatres will now invest $2.2 billion in massive upgrades over a span of three years to drive moviegoers out of their homes. Movie theaters such as AMC Entertainment, Regal, and Cinemark are...
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BofA Now Predicts A Fed Rate Cut of 125 BPS For 2025
BofA now predicts a fed rate cut of 125 BPS for 2025 and another 75 BPS during the fourth quarter of this year. In a recent analysis, Bank of America (BofA) examined the Federal Reserve’s 50 basis...
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The SEC Is Now Targeting Elon Musk In New Twitter Probe
The SEC is now targeting Elon Musk in a new Twitter probe, it’s latest attack on the SpaceX and Tesla CEO. On Friday, the U.S. Securities and Exchange Commission (SEC) announced its intention to seek...
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Is GameStop Now Prepping For A Massive Rally Soon?
Is GameStop now preparing for a massive rally soon? Friday’s trading volume surged more than 5x its average movement. Shares of the gaming retailer surged by nearly 12% — now up more than 31% this...
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A New Round of Painful Layoffs Now Hits Missouri
A new round of painful layoffs now hits Missouri as a company shuts down a major company, affecting several hundreds of employees. Yanfeng International Automotive Technology Co. Ltd. has announced...
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A US Company Now Announces Painful Layoffs in Kansas
A US company now announces painful layoffs in Kansas, affecting nearly 1,700 employees in the state, per a WARN notice. General Motors has announced significant temporary layoffs at its Fairfax...
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Michael Jordan’s Flu Game Sneaker Is Now On The Way
Michael Jordan’s Flu Game sneaker is now on the way according to sources who confirm the memorable footwear is back. The anticipation surrounding upcoming Air Jordan releases continues to grow, with...
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A Massive Shoe Company Now Opens Two Stores in California
A massive shoe company now opens two stores in California to “elevate retail” and to “engage with the diverse communities”. Adidas is strengthening its presence in Los Angeles by opening two flagship...
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A Massive Grocery Chain Is Now Bumping Its Wage
A massive grocery chain is now bumping its wage up to $19, a figure that has increased nearly 30% in the past five years. In a recent press statement, Sam’s Club emphasized its commitment to...
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AMC CEO Adam Aron Now Shares Optimistic Company News
AMC CEO Adam Aron now shares optimistic company news following the recent fed rate cuts, stating its positive effects for business. “Wednesday’s interest rate cut by the Federal Reserve of 50 basis...
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RFK Jr. Now Shows His Support On The MMTLP Case
RFK Jr. now shows his support on the MMTLP case after reposting a community post regarding investor questions for FINRA on X. The MMTLP scandal is being recognized as one of the biggest Wall Street...
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Analyst Now Says Bitcoin Will Surge Despite US Election Outcome
An analyst now says Bitcoin will surge despite the US election outcome, citing that both Trump and Harris are bullish on crypto. A leading analyst from one of the largest asset management firms in the...
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A Massive US Bank Now Plans To Open 165 Branches
A massive US bank now plans to open 165 branches within the next two years after closing several locations in the past year. Bank of America has announced an ambitious plan to open more than 165 new...
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TD Bank CEO Is Now Retiring Following Money Laundering Investigation
TD Bank CEO is now retiring following a money laundering investigation by the US Justice Department, sources confirm. TD Bank is set for a significant leadership change as CEO Bharat Masrani announces...
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An Unexpected Furniture Store Is Now Closing 175 Locations
An unexpected furniture store is now closing 175 locations as it begins a new merger and to divest several of its operations. Tempur Sealy is making strides towards its proposed $4 billion merger with...
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A Famous Shoe Company Now Plans To Shutter 400 Stores
A famous shoe company now plans to shutter 400 stores by the year 2026 as it rebrands part of its business, sources confirm. Foot Locker has announced plans to close a total of 400 stores across North...
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Korean Regulators Now Impose Billions In Fines For Illegal Trading
Korean regulators now impose billions in fines for illegal trading, particularly when ‘naked short selling’, increasing fees upwards of 5,000%. The Financial Supervisory Service (FSS) of South Korea...
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US Banks Now Hold 7x More Unrealized Losses Than 2008 Financial Crisis
US banks now hold 7x more unrealized losses than during the 2008 financial crisis, according to fresh data from the FDIC. The FDIC reported that unrealized losses on securities totaled a whopping...
View ArticleKey Drivers of the Dow’s Performance In Late 2024
As of September 2024, the Dow Jones has been navigating a complex economic landscape marked by several significant trends. In the early part of the year, the Dow Jones index saw considerable...
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