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Why Tesla Shares Dropped Wednesday
Tesla (NASDAQ: TSLA) shares have now plunged more than 20% in less than 20 days. There are several reasons for that, but a new catalyst now has the drop gaining momentum. Today's move lower was sparked by the news that Tesla CEO Elon Musk has reversed course and now intends to follow through with his bid to purchase Twitter for his original offer price of $54.20 per share.
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Buying This Stock Could Be the Smartest Thing You Ever Do
The sticking point this time is what a prolonged recession will do to Roku's ad-supported business model. Despite what Roku's grim stock chart may show you, that scenario didn't play out either. The last 15 months have been bruising for Roku shareholders, but did the initial bearish thesis land its punch?
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This Top Warren Buffett Stock Has Enormous Overlooked Upside Potential
Warren Buffett has been buying shares of oil giant Occidental Petroleum (NYSE: OXY) hand over fist these days. Buffett took advantage of the recent slide in oil prices and Occidental Petroleum's stock to increase Berkshire's position in one of its top 10 holdings in late September. While oil is the primary focus of Buffett's bold bet on Occidental Petroleum, it's likely not the only thing he sees in the company.
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What to Know About the 529 Grandparent Loophole
A 529 plan can be a powerful way to save for college, offering tax-free growth and other tax benefits. These accounts are so powerful, in fact, that many grandparents choose to open them for their grandchildren. In the past, there … Continue reading → The post How the 529 Grandparent Loophole Works appeared first on SmartAsset Blog.
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OPEC+ Tries to Keep Oil Above $90 With Large Production Cut
(Bloomberg) -- Sign up for our Middle East newsletter and follow us @middleeast for news on the region.Most Read from BloombergMusk Revives $44 Billion Twitter Bid, Aiming to Avoid TrialLoretta Lynn, Coal Miner's Daughter And Country Queen, DiesElon Musk Sets Off Uproar in Ukraine by Tweeting His 'Peace' PlanThe Best Bar in the World Is Hidden Behind a Barcelona Pastrami ShopMar-a-Lago Documents Included Pardons, Emails, Legal BillsOPEC+ agreed to cut its collective output limit by 2 million bar
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Down 19%, This Top Dividend Stock Looks Set to Soar in the Coming Years
With the market stumbling again over the last few weeks, shares of Enbridge (NYSE: ENB) have plunged 19% below their recent high. The sell-off has pushed the energy infrastructure giant's dividend yield up to 7%. Enbridge recently enhanced its ability to grow by making several value-enhancing moves.
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These 3 Growth Stocks Are Down More Than 61% -- Is Now the Time to Buy?
Tilray and SNDL are both down by over 59%, and Aurora's shares are performing even worse, losing more than 77% of their value. Considering that the market-tracking SPDR S&P 500 ETF Trust is only down by around 21.9%, it's no shock that shareholders are second-guessing their investments in these so-called growth stocks, nor is it surprising that potential buyers are hesitating to start new positions. In fact, with the exception of SNDL, their quarterly gross margins have actually gotten worse over the last three years.
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Your off-ramp for I-bonds is coming up soon if you bought the securities for their juicy 9.6% yield
You can hold on to Series I bonds for 30 years, but if you jumped in when the interest rate skyrocketed to 9.62%, you might be looking for an off-ramp well before then. The total return on I-bonds is made up of two parts — a fixed rate that's set at the time of purchase and an inflation-adjusted rate that resets every six months, in November and May. The fixed rate has been 0% since May 2020. Looking at numbers already published, David Enna, founder of TipsWatch.com, a website that tracks inflation-protected securities, predicts the variable inflation-adjusted portion of the I-bonds formula will be around 6.3%, and likely fall to 3.5% eventually.
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Is Intel Stock a Buy Now?
The company's new processors could help it gain ground over AMD, but investors need to look at the bigger picture.
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Why I Wouldn't Touch Apple's Stock With a 10 Foot Pole
Many investors believe Apple (NASDAQ: AAPL) is one of the best companies in the world, and I'm not here to argue against that proposition. While many stocks have seen their valuations come down, Apple's has stayed elevated. Additionally, economic headwinds are popping up that could spell disaster for Apple.
Source: https://finance.yahoo.com/photos/low-maintenance-fall-hair-color-123000513/
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