Author: super@dmin
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Is crypto about to turn around?
It might be time to believe in crypto again. Bitcoin bull Mike Novogratz thinks cryptocurrencies could rally again soon. The Galaxy Digital CEO and founder thinks crypto hit its bottom earlier this month and will rally 30% by the end of the year. Novogratz will join CNN international correspondent Paula Newton to discuss the sector…
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The Ratings Game: Square stock heads for best day in 19 months after company is likened to the FANGs
Shares of Square Inc. are soaring Tuesday after an analyst said that the company is doing for the payments sector what Facebook Inc., Amazon.com Inc., Netflix Inc., and Alphabet Inc. did for the technology industry. “Similar to FANG stocks that have disrupted traditional markets with massive global total addressable markets, Square’s SQ, +11.43% fully cohesive…
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Dunkin' Donuts is officially dropping 'Donuts'
The big business of Frankenfoods Just call it Dunkin’. Starting in January, Dunkin’ Donuts will drop the “Donuts” from ads, packages and signage at new and remodeled stores, as well as its social media accounts. The makeover is part of Dunkin’ Brand’s efforts to relabel itself as a “beverage-led” company that focuses on coffees, teas,…
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Market Snapshot: Stocks struggle for direction as Fed decision looms
U.S. stocks surrendered some of their earlier gains Tuesday to trade mostly lower amid subdued activity as investors held off on making big bets ahead of the Federal Reserve’s monetary policy decision. Concerns about continuing trade tensions also lingered, limiting the market’s upside momentum. Where are the major benchmarks trading? The Dow Jones Industrial Average…
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Sonic sold to Arby's and Buffalo Wild Wings owner for $2.3 billion
Sonic sold to Arby’s owner Arby’s likes to boast in its TV commercials that it has “the meats.” Well, Arby’s owner is about to get beefier: It’s buying hamburger joint Sonic for $2.3 billion. Inspire Brands, a private equity backed firm that owns Arby’s and Buffalo Wild Wings, is paying nearly 20% more for Sonic…
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The Moneyist: My stepmother wants to put her name on the deed of my late father’s house, then she says she’ll split it
Dear Moneyist, My parents got divorced when I was young and my dad remarried someone and they got a house together, but my dad never put her on the deed. Also see: My friend gave me lucrative stock tips—do I have to pay him for his advice? The house is paid off and his wife…
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These 3 investment products will help you build a portfolio for life
This is the first of three articles in which I will show how just about any investor can achieve outstanding long-term returns using readily available low-cost products. In this column, I describe the three most important building blocks of a portfolio. In the second, I describe some of the limitations and challenges of one of…
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The Technical Indicator: Bull trend pauses: S&P 500 holds the breakout point (2,916) ahead of the Fed
Editor’s Note: This is a free edition of The Technical Indicator, a daily MarketWatch subscriber newsletter. To get this column each market day, click here. Though the bigger-picture backdrop is not one-size-fits-all, the major U.S. benchmarks are acting well technically ahead of the Federal Reserve’s policy statement, due out Wednesday. Consider that the S&P 500…
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In One Chart: Why stock investors should be wary of consumer confidence at an 18-year high
U.S. consumers are feeling very good about the economy, but history suggests that may ultimately lead to investor disappointment. Multiple reads of confidence have come in extremely strong lately, and while many view this as an optimistic sign for spending and demand, many market watchers also see it as a contrarian signal, one that suggests…
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Why investors aren't freaking out about inflation
Trump ‘not happy’ with Fed for raising interest rates Bond yields in the United States have been rising. But investors aren’t freaking out. The Dow and S&P 500 both hit all-time highs last week — and the Nasdaq is not far from a record, either. The 10-Year Treasury yield, is still relatively low, but it…