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As someone who’s been very bearish on fuboTV (NYSE:FUBO) stock, I admit that Fubo’s first-quarter results came in way above my expectations. Source: monticello / Shutterstock.com Still, I remain doubtful about whether Fubo’s service will ever be appealing to the vast majority of consumers. And I think that the company’s extraordinarily high marketing and content
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Advocates of tax cuts argue that reducing taxes improves the economy by boosting spending. Those who oppose them say that tax cuts only help the rich because it can lead to a reduction in government services upon which lower-earning individuals rely. In other words, there are two distinct sides to this economic balancing scale. The
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In this article FIGS^11-BR The Robinhood application on a smartphone. Bloomberg | Bloomberg | Getty Images Robinhood is giving amateur investors access to initial public offering shares in its latest move to democratize retail investing. IPO shares have historically been set aside for Wall Street’s institutional investors or high-net worth individuals. Retail traders typically don’t
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In this article T OTLY BA .CRBQX VFC DE An ASL Airlines Boeing 737-400 freighter landing at Milan Malpensa airport. Fabrizio Gandolfo | LightRocket | Getty Images Check out the companies making headlines in midday trading. Boeing — Boeing shares edged nearly 3% higher in midday trading after Reuters reported the aircraft manufacturer discussed increasing
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As Republicans in Congress make a new push for federal legalization of cannabis, it’s a good time to hold some quality cannabis stocks. It’s expected that the legal cannabis market could be worth $100 billion in the United States alone by 2030. Further, Canada is already an attractive market and medicinal cannabis is gaining traction
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As we race out of the global pandemic, is there still a need for the Covid-19 vaccine being developed by biopharmaceutical company Ocugen (NASDAQ:OCGN)? And what does that mean for OCGN stock? Source: Shutterstock The Malvern, Pennsylvania-based company’s share price has largely been propped up in recent months on excitement related to its proposed vaccine
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In this article ALKS Hiraman | E+ | Getty Images Company: Alkermes Plc (ALKS) Business: Alkermes is a biopharmaceutical company that researches, develops, and commercializes pharmaceutical products to address unmet medical needs of patients in various therapeutic areas in the United States, Ireland, and internationally. Its marketed products include ARISTADA (aripiprazole lauroxil), an extended-release intramuscular
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Sign in restaurant window. Elizabeth W. Kearley | Moment Open | Getty Images Workers are getting higher wages, but at some point that could bite into companies’ profits. As the economy reopens, costs are climbing for everything from packaging and raw materials to shipping. In addition to these expenses, companies are also paying more to
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Five of the past eight trading days have ended in the red, driven by fears of inflation. Last week, the market was startled by the news that the Consumer Price Index (CPI) posted its largest month-over-month increase since 2009. Making matters worse was that CPI also had its largest year-over-year rise since 2008. Tech stocks
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What Is a Debt Ratio? The debt ratio for a given company reveals whether or not it has loans and, if so, how its credit financing compares to its assets. It is calculated by dividing total liabilities by total assets, with higher debt ratios indicating higher degrees of debt financing. Debt ratios can be used
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On today’s show, Preston Pysh talks with Lyn Alden and Jeff Booth about the status of the Bitcoin bull market. They talk about the Elon Musk FUD, and numerous other hot topics. IN THIS EPISODE, YOU’LL LEARN: – What Elon Musk’s impact will be on Bitcoin – Bitcoin energy concerns – Bitcoin centralization concerns –
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