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As president of the United States, Donald Trump was likely the wealthiest individual to inhabit the White House and his net worth remains a topic for debate. In 2015, Donald Trump claimed in a press release that he was worth more than $10 billion, however, his net worth as of 2022 is estimated at $3
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Take a look at some of the biggest movers in the premarket: Continental Resources (CLR) – The oil and natural gas producer’s stock rallied 7.4% in the premarket after receiving a $70 per share “take private” bid from Chairman Harold Hamm and his family. The company’s board will establish an independent committee to evaluate the
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It was more of the same with U.S. stock markets in May, meaning that investors won’t be getting much reprieve from volatility in the near future. Virtually every U.S. stock index has more or less succumbed to bear markets. Hence, investors gravitate towards safe stocks that provide a hedge against troubling market conditions. You invariably
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American tech investors tossed Chinese tech stocks like Alibaba Group Holding (NYSE:BABA), JD.com (NASDAQ:JD), and Pinduoduo (NASDAQ:PDD) away months ago. I kept a few Alibaba shares, but their value is down by half. Today, American tech stocks are also in a bear market. Money-losing stocks doing important work like Cloudflare (NYSE:NET) are down by more
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Today, the cryptocurrency market suffered a panic sell-off following new highs reported in US inflation data. Moreover, global market fears added to the vulnerabilities of cryptocurrencies.  As a result, Bitcoin‘s price fell by $24,000, dropping 14% today. This is Bitcoin’s lowest level since December 2020. Ether, the second-largest cryptocurrency, lost over 15%, hovering around $1,200.
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In the year thus far, Raytheon Technologies (NYSE:RTX) stock has done very well, bucking the overall bearish trend amongst the broader markets. The company specializes in defense, security, and aerospace. They provide weapons systems, missile systems, precision strike technology solutions, and intelligence to customers worldwide. Raytheon Technologies has been around since 1922, when it was
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