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Investing

e.l.f. Beauty stock surges 11% on Monday after Morgan Stanley upgrade

Shares of e.l.f. Beauty (NYSE: ELF) jumped 11% in Monday trading following a notable upgrade from Morgan Stanley, which raised its rating on the cosmetics company from Equalweight to Overweight.…

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Investing

GLD ETF readies for breakout in event-packed week

GLD ETF has sustained last week’s gains as the market remains cautiously bullish. At the same time, gold price edged lower in early Monday session as a positive market sentiment…

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Investing

DXY Index: US dollar outlook ahead of inflation data

The US Dollar Index (DXY) remained in a tight range on Tuesday as market participants waited for the upcoming US Consumer Price Index (CPI) data. It was trading at $98.50,…

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Investing

AUD/NZD forecast: golden cross nears after the RBA rate decision

The AUD/NZD exchange rate held steady on Tuesday and was about to form a golden cross after the Reserve Bank of Australia (RBA) delivered its interest rate decision. It was…

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Investing

NVIDIA stock price forecast as fresh China headwinds rise

The NVIDIA stock price is in the spotlight as concerns about its Chinese business continues. NVDA is hovering at a record high of $182, bringing the year-to-date gains to 30%,…

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Investing

The Zimbabwe ZiG currency is flourishing: here’s why

The Zimbabwe ZiG currency is holding steady against the US dollar and other currencies as its reserves jump and the country’s economy perform well. The official USD/ZWL exchange rate was…

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Investing

Here’s why Nio stock price may jump 40% soon

Nio stock price remained in a tight range this month as market participants wait for its financial results and the hype of its recently launched vehicle faded. It was trading…

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Economy

Bed Bath & Beyond relaunches with first store in Nashville, plans dozens more

Bed Bath & Beyond is back — kind of. The bankrupt home goods chain is being resurrected by the owners and licensees of its intellectual property, which opened the first…

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Economy

A top Federal Reserve official says bleak jobs data backs the case for 3 rate cuts

NEW YORK — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates…

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Economy

What Trump’s Nvidia and AMD China deal means for the world

Nvidia and AMD have agreed to share 15% of their revenue from sales to China with the U.S. government, the White House confirmed Monday, sparking debate about whether the move…

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