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Cathie Wood isn’t shying away from her Bitcoin predictions. It’s no secret that Bitcoin (BTC 0.06%) is capable of some truly eye-watering returns. Unfortunately, unless you were aware of the relatively obscure phenomenon in its earliest days, you may have missed the boat on gains in the ballpark of, say, 30,000% in a year like the one you saw from the summer of 2010 to the summer of 2011. But that doesn’t mean Bitcoin is done delivering serious growth. Cathie Wood, the maverick head of Ark Invest and outspoken Bitcoin advocate, definitely believes the cryptocurrency has a long way to…

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(Bloomberg) — Investors are pouring money into corporate bonds, risk premiums are grinding tighter, and the Federal Reserve’s interest rate cut is reigniting hopes the US will dodge a recession.Most Read from BloombergSome money managers say the market is too complacent about causes for concern now.“You have the US election coming up, and expectations around economic growth in Germany are some of the weakest it’s been since pre-Covid times,” said Simon Matthews, a senior portfolio manager at Neuberger Berman. “Consumers are feeling the pinch and growth in China is slowing. When you pull that all together, it’s not telling you…

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On Friday, Piper Sandler affirmed its Overweight rating on Chewy Inc . (NYSE:NYSE:) with a steady price target of $35.00. The endorsement comes in light of the company’s recent announcement of a significant $500 million stock offering by BC Partners. In a concurrent move, Chewy revealed its intention to repurchase $300 million of its shares from BC Partners, a decision that will decrease the private equity firm’s ownership stake from approximately 70% to around 57%, which equates to about 266 million shares. The reduction of BC Partners’ stake in Chewy is perceived as a positive development, as substantial private equity…

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Tesla’s design language has become a benchmark in the electric vehicle industry, inspiring countless startups to emulate its aesthetic. While many have sought to differentiate themselves with unique designs, Lecar, a Brazilian newcomer, has taken a more direct approach. Their debut model, the Lecar 459 Hybrid, is a plug-in hybrid that bears a striking resemblance to the anticipated Tesla Model 2. This overt homage to Tesla’s design philosophy raises interesting questions about the future of electric vehicle aesthetics. While Tesla’s minimalist approach has garnered praise for its aerodynamic efficiency, it has also faced criticism for its perceived lack of visual…

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U.S. Vice President Kamala Harris, the Democratic presidential nominee, speaks at the Cobb Energy Performing Arts Centre in Atlanta on Sept. 20, 2024. Harris spoke about abortion and reproductive rights in Georgia as she continues to campaign against Republican presidential nominee, former U.S. President Donald Trump.Joe Raedle | Getty Images News | Getty ImagesVice President Kamala Harris said on Saturday that she would be open to debating former President Donald Trump for a second time in October, ahead of the November U.S. presidential election.Jen O’Malley Dillon, chair of Harris and vice presidential nominee Tim Walz’s campaign, said in a statement…

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Mercedes-AMG is set to reveal a limited edition variant of its second generation GT 63 PRO 4Matic+ coupe, aptly named the Motorsport Collectors Edition. This exclusive model arrives just in time for the 2024 Singapore Grand Prix, a prestigious event on the Formula One calendar. The GT 63 PRO 4Matic+ Motorsport Collectors Edition marks the beginning of a series of new models for the second-generation GT, which was introduced in 2024 and is closely related to the Mercedes-AMG SL. Unlike its predecessor, the second generation GT will only be available as a coupe, but it is expected to offer a…

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LONDONDERRY TOWNSHIP, Pa. (WHTM) — The Constellation Energy Corporation announced its plan to restart the Unit 1 nuclear reactor at Three Mile Island as part of a purchase agreement with Microsoft.Five years ago today, TMI shut down Unit 1, located near Harrisburg on the Susquehanna River, for economic reasons. The Unit 1 reactor is located adjacent to TMI Unit 2, which shut down in 1979 after a historic partial meltdown caused by a combination of human and mechanical errors. AI May Breathe New Life Into Three Mile Island to Supply Power to Microsoft’s Data Centers Constellation said this 20-year power purchase…

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PARIS (Reuters) – Here are details of the main ministerial appointments after French President Emmanuel Macron’s office unveiled on Saturday the new cabinet that will report to Prime Minister Michel Barnier: ANTOINE ARMAND, FINANCE MINISTER A relative newcomer to politics, Armand, 33, was first elected to parliament in 2022 on the centrist ticket of Macron’s camp and was re-elected in July’s snap legislative election. In the new parliament, he had been set to head the economic committee in the lower house until Barnier tapped him for the top job at the powerful Ministry of Economics and Finance. Armand is no…

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In order to justify the effort of selecting individual stocks, it’s worth striving to beat the returns from a market index fund. But in any portfolio, there will be mixed results between individual stocks. So we wouldn’t blame long term Midland States Bancorp, Inc. (NASDAQ:MSBI) shareholders for doubting their decision to hold, with the stock down 14% over a half decade.So let’s have a look and see if the longer term performance of the company has been in line with the underlying business’ progress. View our latest analysis for Midland States Bancorp To paraphrase Benjamin Graham: Over the short term…

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