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When Whitney and Chaz Gates’ annual sales more than quadrupled in less than a year, they credited their lead investor: Mark Cuban.On Friday’s episode of ABC’s “Shark Tank,” the husband-and-wife duo said that Wondry, their Black-owned wine label, brought in $1.1 million in revenue over the previous 11 months.That’s a…
Here are some of the companies making the biggest moves in midday trading. Datadog — The cloud stock soared 28.47% after the company reported a third-quarter earnings and revenue beat before the bell. Adjusted earnings per share came in at 45 cents, versus the 34 cents expected from analysts polled…
Is the Fed done hiking? It might be. A big segment of the market seems to buy the narrative after Jerome Powell’s recent comments. The 10-year Treasury quickly gained traction as demand increased at the hint of rate hike pauses and possibly reversion shortly. Seeking Alpha A quick drop in…
Gen Z and millennial adults are having a hard time achieving the same milestones their parents did when they first ventured out into the workforce.For instance, 55% of young adult respondents find it is “much harder” to purchase a home, 44% said it is harder to find a job and…
When the Israel-Hamas war started a month ago, Russia was conspicuously measured in its immediate response to the conflict, issuing cautious statements calling for cool heads and a cease-fire.As Israel’s assault on the Hamas-governed Gaza Strip has intensified, with over 10,000 Palestinians believed to have now died in the heavily-bombarded…
A businessman is showered in money. As a dividend growth investor, I own over 100 companies throughout just about every sector of the economy. One of my favorite sectors is REITs, which is evidenced by the fact that I own positions in 14 of them! Seeking Alpha We’re over a…
BEIJING — China’s truck industry is finding more reasons to buy vehicles with assisted-driving technology.It’s a critical step toward monetization in a nascent business that’s drawn many investor dollars, with relatively little to show for it so far.One broad transformation is that the trucking industry in China is changing from…
China’s economic recovery story has been a largely disappointing one, but the economic powerhouse is seeing stellar growth in one particular sector, said Standard Chartered’s Bill Winters.”Electric vehicles and everything around sustainability and renewable power technology. In those areas, China’s absolutely booming,” the bank’s CEO told CNBC’s Emily Tan on…
Just over 15 months ago I wrote on American Eagle (NYSE:AEO), noting that the strong momentum at Aerie was positive and the stock was getting much more reasonably valued as it dipped towards key support, suggesting pullbacks below $11.60 would provide buying opportunities. Since falling into this buy zone last…
The federal prosecutor in the cases against Hunter Biden told the Republican-led House Judiciary Committee on Tuesday that “political considerations played no part” in his decision to charge the son of President Joe Biden with several crimes.”I am, and have been, the decision-maker on this case,” Department of Justice special…