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Broadcom (NASDAQ: AVGO) stock price has breached $300 mark twice in fiscal 2019. However, it fails in sustaining the upside momentum. Its shares are currently trading in the range of $280 – with a 52-week trading range of $208.23 – $323.20. Market pundits, on the other hand, are bullish about the future fundamentals of Broadcom….
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William Hill has been successfully making solid good progress against the five-year strategy that it had outlined following regulatory restrictions in the UK. The strategy is based on three key points: penetration in the US, growth in international markets and the expansion of digital business. The revenue growth of 1% highlights the success of its…
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On May 14th, when the US Supreme Court announced the legalization of inter-state sports betting sports, Catena Media’s share price hit a record level of 148.5 SEK. Such was clamour around the news that 4 days later Catena Media’s then interim CEO Henrik Persson Ekdahl published a report on how Catena Media was perfectly primed…
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NVIDIA (NASDAQ: NVDA) stock price rallied sharply following higher than expected results for the second quarter fiscal 2020. Its shares jumped from $148 at the beginning of this week to $170 a share at present. Before this rally, NVIDIA share price remained volatile since the beginning of this year. The stock had lost half of…
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Despite what naysayers may want to believe, money is pouring into the cryptocurrency space, especially within 2019. As CoinTelegraph reports, institutional money, in particular, is being put into crypto more than ever. According to Brian Armstrong, the CEO of US-based cryptocurrency exchange, Coinbase, there’s anywhere from $200 million to $400 million heading into the space…
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The marijuana industry is becoming a talk of the town because of its growing dominance in both medical and recreational industries. Today, marijuana stocks belong to smaller companies investing in the production, research, and development of cannabis-based products. However, most companies are still lagging behind in profitability. If you have a long-term growth prospect in…
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While energy stocks are making a killing, it is important for investors to invest in some alternative energy stocks as well. This will help you make your portfolio more balanced and bring in a good short-term as well as long-term growth prospects. The good thing about these stocks is that they have tremendous potential. As…
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It will be foolish to expect a decline in global energy demands in the near future. Regardless of the current geopolitical climate, energy needs continue to grow at a staggering pace. The US Energy Information Administration (EIA) expects demand for fuels and electricity to grow by 25% by 2040. Smart investors are now converting this…
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Cloud-service provider Salesforce announced that it would acquire ClickSoftware, an Israeli software development company for $1.35 billion in both cash and shares. This will be the second-biggest deal for the company in Israel. It previously bought a cloud-based artificial intelligence marketing platform called Datorama for $850 million in July 2018. Why did Salesforce buy the…
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This Monday was the worst day for the United States Stock Market all year. However, the very next day, Tuesday, it recovered at least 1.2% or more, specifically regarding the DJ30, SPX500, and NSDQ100. On top of this, tech stocks saw some big recovery, with Apple and Microsoft rising up over 1.8%, and Facebook and…
