Live Feed of Plane Tring to Land
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Why Ford, Tesla, and Nio Stocks Fell Today
Tic-tac-toe, three in a row, shares of Ford Motor Company (NYSE: F), Tesla (NASDAQ: TSLA), and Nio (NYSE: NIO) are down 2%, 1.9%, and 5.9%, respectively. In the case of electric vehicle (EV) specialists Tesla and Nio, it's basically Wall Street to blame for today's declines. Granted, yesterday's announcement that Elon Musk has apparently decided he will buy Twitter after all is probably still having an effect on Tesla stock -- but there's new news, too.
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15 Best Short Squeeze Stocks to Buy Now
In this article, we discuss 15 best short squeeze stocks to buy now. If you want to see more stocks like these, check out 5 Best Short Squeeze Stocks to Buy Now. In 2021, retail trading activity resulted in an unparalleled short squeeze that led major capital market players to lose billions of dollars. In […]
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These 3 Oil Stocks Are Wildly Undervalued as Crude Surges Toward $90 a Barrel
Oil prices have been all over the place this year. WTI, the primary U.S. oil price benchmark, started 2022 at around $75 a barrel before rocketing over $120 a barrel following Russia's invasion of Ukraine. The move could keep a floor under crude prices and potentially push them higher depending on demand and other supplies.
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Japan Tax Cut on Offshore Cash Seen as Option to Support Yen
(Bloomberg) -- A tax cut on capital shifted back to Japan from overseas subsidiaries may help stem the yen's rapid depreciation, some economists say.Most Read from BloombergMusk Revives $44 Billion Twitter Bid, Aiming to Avoid TrialLoretta Lynn, Coal Miner's Daughter And Country Queen, DiesElon Musk Sets Off Uproar in Ukraine by Tweeting His 'Peace' PlanThe Best Bar in the World Is Hidden Behind a Barcelona Pastrami ShopMar-a-Lago Documents Included Pardons, Emails, Legal BillsReducing the tax a
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C$ slides even as Macklem links currency to rate outlook
The Canadian dollar weakened against its U.S. counterpart on Thursday as the greenback notched broad-based gains and despite a signal by Bank of Canada Governor Tiff Macklem that the central bank would continue to hike interest rates aggressively. "It was predominantly a broad (U.S.) dollar move," said Bipan Rai, North America head of FX strategy at CIBC Capital Markets. Macklem said the currency's recent weakness will offset some easing of inflation pressures that could come from improving global supply chains and lower commodity prices and made clear the central bank will not yet be pivoting away from its current rapid pace of interest rate increases.
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Why Upstart Rallied Today
Shares of artificial intelligence (AI)-based lending platform Upstart Holdings (NASDAQ: UPST) rallied 5.3% on Thursday, as of 1:44 p.m. ET. The beaten-down fintech stock has fallen some 95% from all-time highs posted last year; however, with a lot of fear baked into the stock already, the stock is in rally mode as investors look for a path to recovery. Upstart is a financially sensitive stock, and investors seemed to take heart in some economic data this week that indicated inflation may be softening.
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Why Shares of Annaly and AGNC Were Falling Today
Two of the most prominent mortgage real estate investment trusts (REITs), Annaly Capital Management (NYSE: NLY) and AGNC Investment (NASDAQ: AGNC), were down sharply during trading on Wednesday. Annaly Capital was down as much as 9% on the day at around noon ET, while AGNC fell as far as 9.7% on the day at around the same time. As both Annaly Capital and AGNC Investment are mortgage REITs, they were each negatively affected by the latest news from the housing industry.
Source: https://finance.yahoo.com/news/watch-incredible-livestream-planes-trying-151400446.html
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