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Personal-prison inventory hits two-year excessive as analysts cite potential for extra detention beds, detention options

[ad_1] Shares of private-prison operator GEO Group Inc. jumped to their highest degree in roughly two years on Tuesday after…

2 years ago

Most deeply inverted Treasury curve in additional than 4 a long time has one upbeat takeaway for buyers

[ad_1] One of many bond market’s most dependable indicators of impending U.S. recessions is pointed in a fairly pessimistic course…

2 years ago

‘Wealth impact on steroids’: This is the potential fallout from $22 trillion misplaced by traders this yr, in keeping with BofA

[ad_1] Financial institution of America says a “wealth impact on steroids” could influence the U.S. economic system on account of…

2 years ago

Crypto lender BlockFi is suing Sam Bankman-Fried over his shares in Robinhood: report

[ad_1] Simply hours after submitting for Chapter 11 chapter in New Jersey on Monday, cryptocurrency lender BlockFi filed a lawsuit…

2 years ago

Dow down by greater than 500 factors as Fed officers level to extra fee hikes, China protests rattle markets

[ad_1] U.S. shares tumbled on Monday as protests in China raised the dangers to world progress and Federal Reserve coverage…

2 years ago

Power shares look ‘particularly susceptible’ to crude-oil selloff

[ad_1] One thing seems unsuitable with the chart evaluating power shares with crude-oil costs, as what was a near-100% correlation…

2 years ago

China EV ‘honeymoon’ is ending, Jefferies says; XPeng inventory downgraded

[ad_1] The “honeymoon stage” for electrical autos in China is coming to an finish, analysts at Jefferies stated in a…

2 years ago

Inventory market might see ‘fireworks’ by means of the top of the 12 months as headwinds have ‘flipped,’ Fundstrat’s Tom Lee says

[ad_1] A number of headwinds that pummeled the inventory market in 2022 have changed into tailwinds, setting the stage for…

2 years ago

‘We see main inventory markets plunging 25%,’ says Deutsche Financial institution

[ad_1] A U.S. recession induced by central-bank efforts to curb inflation is more likely to arrive by mid-2023 and set…

2 years ago

Activision inventory appears undervalued with or and not using a Microsoft deal, says analyst

[ad_1] Activision Blizzard Inc.’s inventory worth has been swept up within the hypothesis round whether or not Microsoft Corp. will…

2 years ago