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investing
RH’s Measured Stock Buyback Is a Win for Shareholders
When RH (RH 3.95%) reported results last week, some shareholders were likely looking to see how many shares the company repurchased. After all, the $2 billion increase to its share repurchase program, announced in the middle of 2022, represents a third of the company's current market capitalization. A buyback like this could really move the…
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Dow rides blowout jobs report to close at fresh record high By Investing.com
Investing.com -- The Dow closed at fresh record highs on Friday as a stronger-than-expected jobs report underscored the strength in the U.S. economy, blunting worries about a potential recession.
By 4:00 p.m. ET (2000 GMT), the rose 341 points, or 0.8% to a closing record of 42,352.75. The closed 0.9% higher and added 1.2%.
Strong nonfarm…
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Stocks climb after jobs report’s massive beat, unemployment rate dip
Stocks climbed on Friday as investors welcomed a key monthly jobs report that showed hiring remains robust in the US economy. The Middle East crisis and a return to work at US ports also stayed in high focus.The S&P 500 (^GSPC) put on 0.5%, while the Dow Jones Industrial Average (^DJI) added 0.4%, paring bigger gains soon after the open. The…
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Why Net Revisions Could Carry More Weight Than the Headline Jobs Number Today
Stocks finished little changed yesterday. The trading range was quite wide, but for now, the remains near the zero gamma level for the most part. Today’s is expected to break the stalemate, regardless of the outcome.What to Expect From Today's Jobs Report?Between April 2022 and March 2024, the BLS missed analysts’ estimates only three times.…
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French, German central bank chiefs urge faster pace on EU capital markets union By Reuters
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© Reuters. FILE PHOTO: Francois Villeroy de Galhau, Governor of Banque de France, attends the Paris Europlace International Financial Forum in Paris, France, July 12, 2022. REUTERS
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PARIS (Reuters) - The war in Ukraine, inflation and the energy crisis have made it more important than ever to press ahead with a capital markets union…
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This Breakout Growth Stock Outpaced Bitcoin in 2021 — Is It a Surefire Buy Right Now?
Cryptocurrencies certainly had their moment in the spotlight in 2021. The entire market almost tripled during the year and sports a value of $2.1 trillion today. Bitcoin, the top cryptocurrency, also had a stellar year. But it wasn't enough to outpace this booming stock.
You might be surprised to find…
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Cisco Nears Investment in CoreWeave at $23 Billion Valuation
(Bloomberg) -- Cisco Systems Inc. agreed to invest in CoreWeave, a cloud-computing provider that’s among the hottest startups in artificial intelligence, as part of a transaction that values the company at $23 billion, according to people with knowledge of the matter.Most Read from BloombergCoreWeave, led by Chief Executive Officer Michael…
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Bitcoin Daily: Kazakhstan May Lose Bitcoin Miners
Fidelity Digital Assets published a report on crypto trends and their possible impacts earlier this month, including musings on the adoption of crypto by world governments.
The report posits that countries that embrace bitcoin might end up better off in the long run. On Monday (Jan. 17), Bitcoin.com reported that China, among other countries,…
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Silver is trading at $31.52
What is the current price of silver per ounce today?
Silver traded at $31.52 per ounce as of 9 a.m. ET. That represents a decrease of 0.47% over the past 24 hours. Year to date, silver is up 31.75%.
On the last day, it has reached a low of $31.41 and a high of $32.30.
Silver spot price
Silver’s spot price is the price at…
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Will Bulls Defend 1.1030 Support?
Summary:EUR/USD has been fluctuating within a narrow range due to economic uncertainty from USA and Europe affecting the currency pair. The EUR/USD pair is making headlines today, trading at 1.10367, a slight dip of 0.06%. While descending, the duo will assess important support levels, as traders watch to see if the Euro will remain above the…
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