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Bill Ackman’s Pershing Square Q1 Shake-Up: Home Retailer Dumped, Hot Restaurant Stake Trimmed And A ‘Magnificent 7’ Holding Juggled

By Shanthi Rexaline
May 16, 2:53 AM
All of Pershing Square's holdings except real-estate development and management company Howard Hughes saw book profits in the first quarter.

CMG

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Microsoft Urges China-Based AI Team Employees To Relocate Amid Escalating Tech Tensions Between Beijing And Washington

By Benzinga Neuro
May 16, 12:55 AM
The company recently extended relocation offers to around 700 to 800 staff members, primarily engineers of Chinese nationality. These individuals are being given the chance to transfer to various countries such as the U.S., Ireland, Australia, and New Zealand.

MSFT

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Stock Market Rally For 2024 Has Peaked, Goldman Sachs Forecasts ‘Flat Return From Now Till The End Of The Year’

By Benzinga Neuro
May 15, 10:54 PM
The stock market rally for 2024 has reached its peak, according to Goldman Sachs. The firm's chief U.S. equity strategist, David Kostin, has predicted a flat return for the S&P 500 for the remainder of the year.

BAC

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Nvidia Stock Faces Decline In Coming Years As AI Chip Demand Softens, Warns Analyst: ‘We’re Looking At The Horizon’

By Benzinga Neuro
May 15, 10:37 PM
The future of Nvidia stock might not be as promising as its recent performance suggests, according to a prominent analyst.

NVDA

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Nvidia, MicroStrategy, Cisco, Chubb, Tesla: Why These 5 Stocks Are On Investors’ Radars Today

By Benzinga Neuro
May 15, 10:14 PM
Major U.S. indices surged on Wednesday, with the Dow Jones Industrial Average climbing 0.9% to 39,908, the S&P 500 increasing almost 1.2% to 5,308.15, and the Nasdaq rising 1.4% to 16,742.39. These are the top stocks that gained the attention of retail traders and investors throughout the day:

BTC

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Walmart, Lowe’s, Target, Costco Foot Traffic Data Gives Hints About Retail Performance Ahead Of Earnings

By Hayden Buckfire
May 15, 5:04 PM
Earnings this spring for Walmart, Lowe's, Target, and Costco will be watched closely as foot traffic data may give insight into retail sector's performance.

COST

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Artificial Intelligence Players Must Weigh High Rewards With Immense Risks: Moody’s

By Hayden Buckfire
May 15, 4:42 PM
AI has immense potential to revolutionize industries but companies must carefully weigh risks & rewards. Big tech firms are best poised to succeed, Moody's says.

GOOGL

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S&P 500, Nasdaq 100, Dow Jones Shatter Record Highs In Unstoppable Bull Market Rally

By Piero Cingari
May 15, 4:18 PM
The S&P 500, Nasdaq 100 and Dow Jones Industrial Average indices all shattered fresh all-time highs Wednesday, driven by a benign inflation report that boosted risk sentiment among bullish investors.

AMGN

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Google Advances AI Integration, While Apple May Partner with OpenAI to Enhance Siri, Analysts Say

By Anusuya Lahiri
May 15, 3:03 PM
Analysts reaffirmed Outperform/Overweight/Buy on Alphabet with price targets ranging from $182-$215, citing AI initiatives and integrations at Google I/O.

AAPL

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What To Expect From Applied Materials Earnings? Analyst Eyes China Dynamics

By Nabaparna Bhattacharya
May 15, 2:41 PM
Stifel analyst underscores China's impact on Applied Materials' Q2 earnings, noting revenue bias and future growth projections.

AMAT

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