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Costco, Gap, Broadcom, etc.

A shopper wearing a gas mask checks out at the Costco store in San Francisco, California on Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies that made the headlines after the bell on Thursday: Costco-Costco reported mixed results for the second fiscal quarter, and its stock price fell 1.3%. Costco’s earnings per …

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The BUZZ ETF trading debuted because investors passed their favorite stocks on the Internet to investors

Getty Images/Cliff Hawkins The VanEck Vectors Social Sentiment ETF, traded as BUZZ, fell 3.4% when its deal debuted. ETFs follow an index that scrubs Internet platforms of stocks with strong positive sentiment. Barstool Sports founder Dave Portnoy approved the fund on Tuesday, calling it an effective tool for tracking favorite options of online traders. Sign up here to get our …

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Arizona House advances the bill for Apple and Google Mobile App Store

enlarge / The Arizona State Capitol Museum is located on both sides of the Capitol (R) and Cactus (L). Epic vs. Apple/Google View more stories The Arizona House of Representatives passed a landmark bill this week that, if passed, would require Google and Apple to allow Arizona-based app developers to choose their own alternate payment system. The House of Representatives …

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Oil prices soar as OPEC and its allies extend production cuts

The Organization of the Petroleum Exporting Countries (OPEC) and its co-producers said on Thursday that they will significantly reduce production cuts in April. Two countries, Russia and Kazakhstan, received tax exemptions to slightly increase their production. The OPEC+ team agreed in January to maintain stable production in February and March. At that time, Saudi Arabia promised to cut production by …

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Tangier stocks run wild

font size A worker with a broom passed by a store closed at the Tanger Outlet Center in Atlantic City. Stocks in Tangier, New Jersey soared on Thursday. Angus Mordant/Bloomberg Tangier Factory Outlet Center Running wild on Thursday, the latest hot potato stocks fell into a brief squeeze. According to FactSet’s data, the shopping mall operator’s short equity is very …

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Ford’s Mustang Mach-E is eating away at Tesla’s U.S. sales

Morgan Stanley’s analysis shows that Tesla’s share of the US electric car market fell to 69% in February from 81% a year ago. According to this analysis, Tesla’s sales in the United States are still climbing due to increased demand for electric vehicles from American car buyers. Morgan Stanley estimates that analysis shows that even if sales of traditional internal-combustion …

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Let’s do it again: the turbulent repo market

Usually, these transactions are carried out in the background, and there is almost no notoriety. But the system crashes occasionally, just like the end of 2019 and a year ago. This is another moment in those moments. The 10-year US Treasury bond interest rate on the repurchase market plummeted to minus -4% this week, which is very rare. This means …

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The stock market crashed?No, but the rotation away from US technology stocks is shaking up some investors

On the contrary, social media believes that the stock market is still far away from the “collapse” field because anyone has fresh memories of the sell-off triggered by the pandemic last March, let alone the 2008 global financial crisis and the 2000 Internet bubble Shattered, or October 1987, I remembered. However, the recent market leadership rotation does seem to be …

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