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US Home Prices Hit All-Time Highs, Fastest Growth Rate In A Year: ‘We’ve Witnessed Records Repeatedly Break’

By Piero Cingari
May 28, 10:56 AM
US home prices reached a new peak in March 2024, with a 7.4% annual growth rate - the highest since October 2022.

EXPI

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Aerospace Giant TransDigm Expands Empire, Acquires Raptor Scientific For $655M

By Shivani Kumaresan
May 28, 10:28 AM
TransDigm Group is set to acquire Raptor Scientific for $655 million in cash. Raptor Scientific, owned by L Squared Capital Partners, specializes in complex test and measurement solutions for aerospace and defense, generating nearly all revenue from proprietary products.

TDG

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US Stocks Mixed; Home Prices Increase In March

By Avi Kapoor
May 28, 10:05 AM
U.S. stocks traded mixed this morning, with the Dow Jones index falling around 100 points on Tuesday. Following…

APDN

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What’s Going On With XPeng Stock Tuesday?

By Nabaparna Bhattacharya
May 28, 9:52 AM
XPeng shares see a slight increase as anticipation builds around the unveiling of the first model from its sub-brand, Mona.

XPEV

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Why Mid-Cap Corcept Therapeutics Stock Trading Higher On Tuesday?

By Vandana Singh
May 28, 9:39 AM
Corcept Therapeutics announced the GRACE Phase 3 trial results for relacorilant in Cushing's syndrome, showing significant improvements in hypertension and hyperglycemia.

CORT

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Tesla’s Top Chinese Rival BYD’s Seagull Range May Emerge As A Solid Contender Despite Biden’s Tariff Surge Against Chinese EVs: Here’s How

By Nabaparna Bhattacharya
May 28, 9:22 AM
Biden's tariff surge on Chinese EVs contrasts with BYD's Seagull emergence as a low-cost contender, potentially disrupting US market dynamics.

BYDDF

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Investors Fear Exxon Lawsuit Hinders Sustainability Proposals: Report

By Lekha Gupta
May 28, 9:19 AM
A group of institutional investors worth $4.4T urges companies to stop suing shareholders over proposals, citing long-term harm and SEC intervention.

IYE

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What’s Going On With Mobilicom Stock Today?

By Nabaparna Bhattacharya
May 28, 9:05 AM
Mobilicom shares surge in premarket trading following a third consecutive commercial-scale order from a major U.S.-based Tier-1 drone manufacturer.

EADSF

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Scotiabank Beats The Odds: Solid Revenue Growth & Capital Strength Highlight Q2 Earnings

By Akanksha Bakshi
May 28, 8:56 AM
Bank of Nova Scotia reported Q2 revenue growth of 5.5%, with net income declining and CET1 capital ratio increasing. Operating leverage was achieved through revenue growth and expense discipline.

BNS

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Magnificent 7 Becomes ‘The Magnificent One’: Wall Street Guru Hails Single Tech Stock As Market Leader

By Piero Cingari
May 28, 8:52 AM
Wall Street investor Ed Yardeni rebrands the 'Magnificent Seven' as 'Magnificent One', highlighting Nvidia as key driver of market gains.

META

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