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Stripe’s Value Jumps to $95 Billion, Becomes Top U.S. Startup

TipRanks Every financier understands that you can’t want to a stock’s previous performance as predictor of future gains. It’s ended up being axiom, even, one of the stock expressions that all of us learn more about in Econ 101: ‘Past efficiency does not ensure future returns’ is common formulation. However …

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Huawei Pivots to Fish Farms, Mining After U.S. Blocks Its Phones

(Bloomberg)– Six months after the Trump administration dealt a crushing blow to Huawei Technologies Co.’s smart device company, the Chinese telecom giant is turning to less attractive options that might ultimately offset the decrease of its biggest income factor. Among its latest clients is a fish farm in eastern China …

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Oil Bulls Beware: This Optimism Is Unjustified

Optimism appears to be ruling international oil markets at the moment. Even the recent OPEC report, in which the international oil group cut its need predictions for Q2 2021 by more than 690,000 bpd, appeared not able to modify price assessments. Bullishness originating from the OPEC+ production cuts continues to …

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Brief Sellers Are Progressively Targeting SPACs: WSJ

Benzinga Every Friday, at 3 p.m. ET, Ritholtz Wealth Management CEO Josh Brown and Benzinga CEO Jason Raznick host “The Boiler Space,” a Clubhouse audio chat where listeners can pitch their preferred stock. Here are today’s pitches. NLS: Sam pitched Nautilus Inc (NYSE: NLS), which closed at $19.66, up 0.051%. …

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Coupang … The Amazon Of South Korea?

Recently, Coupang (CPNG)– which is the biggest e-commerce operator in South Korea– pulled off the biggest IPO of the year in the U.S. equities markets. The business raised a large $4.6 billion and the price surged 41% on the first day of trading, with the marketplace cap hitting $89 billion. …

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4 Top Stock Trades for Monday: Bitcoin, BABA, JD, FB

TipRanks Every financier knows that you can’t seek to a stock’s previous performance as predictor of future gains. It’s ended up being axiom, even, among the stock phrases that all of us discover in Econ 101: ‘Previous performance does not guarantee future returns’ is common formulation. But that simple expression, …

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