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/cloudfront-us-east-2.images.arcpublishing.com/reuters/MI4SPUDE6ZLFFPN6AOQTCHFKUU.jpg "Hawaiian Airlines’ Parent Soars After .9 Billion Buyout by Alaska Air")
Alaska Air to Acquire Hawaiian Airlines Parent Company for $1.9 Billion December 4, 2023 (Reuters) – The stock of Hawaiian Holdings (HA.O), the parent company of Hawaiian Airlines, saw a dramatic surge, nearly tripling on Monday following Alaska Air Group’s (ALK.N) announcement of a $1.9 billion acquisition, including debt. While Hawaiian shares were trading at …
The Federal Reserve’s 2022 Consumer Finance Survey Reveals a More Complex Financial Picture The Federal Reserve’s 2022 consumer finance survey has presented an intriguing glimpse into the financial well-being of the average American household. The survey unveils an impressive statistic: an ascension in the average net worth of $1.06 million, a 23% increase from 2019’s …
/cloudfront-us-east-2.images.arcpublishing.com/reuters/SX2DW4GHXNNPVOPSDB4CLZ67SQ.jpg "Israel’s Investigation into Possible Pre-Knowledge of October 7 Hamas Attack")
Israeli Authorities Investigate Claims of Informed Trading Ahead of Hamas Attack on Israel in October 2023 In a recent development, Israeli authorities are probing into allegations by U.S. researchers that certain investors might have possessed prior knowledge of an impending Hamas attack on Israel on October 7 and used this information to capitalize on Israeli …
Stock Market Update: Dow Jones Holds Steady as Spotify Jumps on Layoff News The Dow Jones Industrial Average held up relatively well as other indexes fell. Spotify (SPOT) surged on layoff news, while Magnificent Seven stocks such as Microsoft (MSFT), Tesla (TSLA), and Nvidia (NVDA) stumbled. Renowned manager Cathie Wood took profits in a stock …
Best Amazon Deals Right Now for Black Friday and Cyber Monday Weekend Black Friday and Cyber Monday might be over, but Amazon seems to have missed the memo. There’s still a ton of carryover sales happening, with a record-breaking $38 billion in sales yet to be snagged. So, if you still have some items to …
Palantir Technologies (PLTR) has encountered some challenges amidst its strong run in 2023, with a bearish analyst raising concerns about the renewal of an Army contract. X William Blair analyst Louie DiPalma, who rates PLTR stock as underperforming, recently published a note expressing doubts about the future of a four-year, $458 million Army contract set …
A sign sits outside Banque Pictet & Cie SA in Geneva, Switzerland, on Friday, Oct. 16, 2015. Luke MacGregor | Bloomberg | Getty Images In a surprising revelation, a leading Swiss bank has confessed to colluding with U.S. taxpayers and others to conceal over $5.6 billion from the Internal Revenue Service, declared the Department of …
Stocks retreated on Monday as investors grew uncertain about a potential U.S. interest rate cut ahead of the highly anticipated monthly jobs report. The S&P 500 (^GSPC) fell 0.8%, the Dow Jones Industrial Average (^DJI) was down 0.4%, and the Nasdaq Composite (^IXIC) dropped 1%. Last month’s rally led to five consecutive weekly gains for …
The Magnificent Seven Stocks: Analyzing the Market Trends The Magnificent Seven stocks, which include Amazon.com (AMZN), Apple (AAPL), Google parent Alphabet (GOOGL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA), and Tesla (TSLA), experienced a pause or slight retreat last week. This happened as other sectors, such as small caps, industrials, construction, financials, and travel, gained …
Virgin Galactic stock (SPCE) experienced a 15% drop on Monday following Sir Richard Branson’s decision not to invest any additional cash into the space travel company. In an interview with the Financial Times, Branson stated, “We don’t have the deepest pockets after COVID, and Virgin Galactic has got $1 billion, or nearly. It should, I …