RADNOR, PA. – (NewMediaWire) – December 21, 2024 – The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Wolfspeed (NYSE:), Inc. (Wolfspeed) (NYSE: WOLF) on behalf of those who purchased or otherwise acquired Wolfspeed securities between August 16, 2023, and November 6, 2024, inclusive (the Class Period). The lead plaintiff deadline is January 17, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP: If you suffered Wolfspeed losses, you may CLICK HERE or go to: https://www.ktmc.com/new-cases/wolfspeed-inc?utm_source=PR&utm_medium=link&utm_campaign=wolf&mktm=r You can also contact attorney Jonathan Naji, Esq. by calling (484)…
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For many investors, the main point of stock picking is to generate higher returns than the overall market. But if you try your hand at stock picking, you risk returning less than the market. We regret to report that long term First Mid Bancshares, Inc. (NASDAQ:FMBH) shareholders have had that experience, with the share price dropping 11% in three years, versus a market return of about 23%. Even worse, it’s down 8.4% in about a month, which isn’t fun at all. Given the past week has been tough on shareholders, let’s investigate the fundamentals and see what we can learn.…
The artificial intelligence (AI) specialist got a boatload of positive news. Developments in the artificial intelligence (AI) sector have generated a lot of headlines over the past couple of years. The abilities of AI systems to create original content, automate processes, and increase productivity have businesses of all stripes eager to secure a part of the resulting windfall. One company that’s well positioned to benefit from this trend is Palantir Technologies (PLTR 8.54%). It has decades of experience creating novel AI solutions, which came in handy when the generative AI trend went mainstream early in 2023. That secular tailwind has…
New York City turned on its headgetty Goodbye to overwrought speculation – Hello to enlightened reality. When? Likely right away as delayed tax-driven selling starts in January. Why? Because optimistic excitement always gives way to sensible analysis. When easy money gains reverse, speculators exit. Where? Mainly in stocks, but bonds, real estate, and cryptocurrencies are all game, as well. From my previous article, “2025 Outlook – Expect A New Investing Cycle,” here is the list: Bond market – The “bond vigilantes” have returned to reset interest rates to reality. That means investors should focus on economic and financial fundamentals, not…
The Federal Reserve lowered the federal funds rate for the third time this year — and there may be more cuts next year. Rate cuts can be cause for celebration, particularly if you’re planning to buy a home or pay off debt. But you can also expect to earn less interest on bank deposits and some investments. In other words, now is a good time to reevaluate where you keep your savings and look for ways to maximize your interest earnings. This embedded content is not available in your region. Interest rate reductions have several implications when it comes to…
Is Donald Trump already president? Financial markets seem to think so. At the Federal Reserve’s final interest rate-setting meeting of 2024, Chair Jerome Powell revealed that the central bank is starting to factor Trump policies into its monetary policy decisions. Powell didn’t mention Trump by name. But investors clearly understood this elliptical construct as a reference to the incoming president: “Some people did take a very preliminary step and start to incorporate highly conditional estimates of economic effects of policies into their forecast at this meeting.” Translation: Trump has promised tariffs, the deportation of migrant workers, and other policies that…
VATICAN CITY (Reuters) -Pope Francis, who has just turned 88 and has been suffering from a heavy cold, will lead the regular Sunday Angelus prayer from inside his residence as a precaution, the Vatican said in a statement on Saturday. The decision was taken in view of cold weather in Rome and the pope’s commitments in the coming Christmas week, it added. Francis, who has been pope since 2013, had complained about the effects of his cold during an audience on Friday, but earlier on Saturday he was well enough to deliver his annual Christmas address to cardinals. The pope…
New York, New York–(Newsfile Corp. – December 21, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of ™C the metals company Inc. (NASDAQ: ™C) between May 12, 2023 and March 25, 2024, both dates inclusive (the “Class Period”), of the important January 7, 2025 lead plaintiff deadline. SO WHAT: If you purchased ™C securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the ™C class action, go to https://rosenlegal.com/submit-form/?case_id=30855…
I invested in AppLovin (APP) when the company was worth less than $15 billion. Today, that figure stands at over $113 billion after a 687% rally over 12 months. However, I’m a little concerned that the momentum might be running low simply because the company’s valuation may prove unsustainable unless it can present further catalysts. For now, I’m neutral on this stock, given the evolving interest rate environment, the potential for more risk-off sentiment, and the stock’s valuation. While I’m now neutral on the stock, I have to note that the company’s rise has been nothing short of remarkable. AppLovin’s…
TIRANA (Reuters) – Albania on Saturday announced a one-year ban on TikTok, the popular short video app, following the killing of a teenager last month that raised fears over the influence of social media on children. The ban, part of a broader plan to make schools safer, will come into effect early next year, Prime Minister Edi Rama said after meeting with parents’ groups and teachers from across the country. “For one year, we’ll be completely shutting it down for everyone. There will be no TikTok in Albania,” Rama said. TikTok did not immediately respond to a request for comment…