Love them or Hate them, Meme Stocks are Back

NEW YORK, May 15 Reuters Meme stocks are soaring again, delighting fans, frustrating detractors and showing Wall Street that the social media force behind the wild GameStop rally in 2021 is still going strong. The American video game retailer is again the star, shooting up 340 over the last 10 trading days after a string of […]
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LSEG Investors Offload Shares Worth 2 bln

LONDON, May 15 Reuters A consortium of London Stock Exchange Group39;s investors sold 1.6 billion pounds 2 billion worth of shares in the company, bookrunner Morgan Stanley said on Wednesday, in a deal that ends Thomson Reuters39; interest in the firm. The consortium has sold an aggregate of approximately 17.3 million voting ordinary shares at a price […]
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New Zealands One and TwoYear ahead Inflation Expectations Decreased, JPY Still Weakening, Crude Oil Corrects to Upside, Gold Retreats, U.S. Stocks Stable

Previous Trading Days Events 13.05.2024 Winners vs Losers Silver is on the top of the winners list with 0.98 gains. It leads this month as well with 7.92 gains. JPY pairs JPY as quote are following since JPY weakens further and quite significantly raising the chances of another intervention. News Reports Monitor Previous Trading Day […]
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TSX Slips Following Hot US Inflation Data

TSX down 0.1 Hudbay Minerals rises on Q1 profit beat Canada March wholesale trade down 1.1 U.S. producer prices surge in April May 14 Reuters Canada39;s main stock index was little changed on Tuesday, as a rise in material and healthcare stocks was offset by strongerthanexpected producer prices data from the U.S. that dampened hopes […]
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Most Gulf Bourses Muted in Early Trade

May 14 Reuters Most stock markets in the Gulf were subdued in early trading on Tuesday, as investors were cautious ahead of the U.S. inflation data for clues on the Federal Reserve39;s interest rate cut strategy. Dubai39;s benchmark stock index slipped 0.4, dragged down by industry and real estate sectors, with bluechip developer Emaar Properties sliding 1.1 […]
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