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Citigroup Q4 Earnings Miss Expectations, Posts Lower Profits On Provision Hike, Slower Dealmaking

By Vandana Singh
January 13, 12:12 PM
Citigroup Inc’s (NYSE:C) Q4 FY22 net income decreased by more than 21% from a year ago to $2.5 billion. Revenues…

C

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Top-Performing Hedge Fund In 2022 Has This Strategy To Thank: How Much Did It Make Last Year?

By AJ Fabino
January 13, 11:46 AM
Macro trading is an investment strategy that takes into account both domestic and global macroeconomic trends.

AAPL

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Big Banks Report Q4 Earnings Friday: Will JPMorgan, BofA, Citigroup, Wells Fargo Balance Sheets Foreshadow Recession?

By AJ Fabino
January 12, 11:39 AM
The outlook for the American economy has been largely gloomy in recent months due to rising interest rates, weak consumer spending, and inflation reaching a four-decade high. Most economists predict some kind of recession in 2023.

BAC

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Wait, Is Bill Gates Working On ChatGPT With Microsoft?

By AJ Fabino
January 11, 7:40 PM
Reports surfaced Tuesday that Microsoft Corp (NASDAQ: MSFT) was reportedly negotiating a $10 billion investment in OpenAI — the owner

MSFT

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2022’s Worst Performing Hedge Fund Saw Negative 56% Returns, Has These Stocks To Blame

By AJ Fabino
January 11, 3:43 PM
Last year was one of the worst years for equities, with all three major indexes having their worst year since 2008, cutting a three-year winning streak.

AMZN

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Flight Delays Continue Across US After System Outage Halts Takeoffs, Affects 20% Of Flight Activity — How Are Airline Stocks Reacting?

By Natan Ponieman
January 11, 3:40 PM
A system outage from the Federal Aviation Administration travel Wednesday as thousands of flights in the U.S. were delayed or canceled. President Joe Biden said in a press conference that the root cause for the outage was still unknown.

AAL

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Analyst Upgrades PulteGroup And Lennar, Names Top Homebuilder Stock Pick For 2023

By AJ Fabino
January 11, 11:03 AM
Home may be where the heart is, but last year’s housing market conditions began to break them.

BAC

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FAA Technology Glitch Hits US Flights Operations, Coca-Cola & PepsiCo Under FTC Probe, Rivian’s Executive Departures: Today’s Top Stories

By Vandana Singh
January 11, 10:23 AM
Reuters

BA

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FAA Technology Glitch Hits US Flights Operations, Travel Delays Expected Throughout Day

By Vandana Singh
January 11, 9:17 AM
More than 1,200 U.S. flights were delayed Wednesday morning after the Federal Aviation Administration (FAA) witnessed an outage of the system that sends messages to pilots.

AAL

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Activist Investor Builds Stake In Bayer, Pushes Breakup

By Vandana Singh
January 11, 9:14 AM
Activist investor Bluebell Capital Partners has built a stake in Bayer AG (OTC: BAYRY) (OTC: BAYZF) and is pushing it to split up. 

BAYRY

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