Rebound

Michael Saylor Lost Big in the Dot-Com Bubble and Bitcoin's Crash. Now He Aims to Rebound Again

Michael Saylor Lost Big in the Dot-Com Bubble and Bitcoin’s Crash. Now He Aims to Rebound Again

Michael Saylor is down about a billion dollars on his bitcoin (BTC) bet and just stepped down as CEO at MicroStrategy (MSTR), the software company he founded in the 1980s. Being in a tight spot is familiar territory for the 57-year-old Saylor. After the dot-com bubble burst in March 2000, Jim Cramer, the CNBC host, …

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JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline

JP Morgan quant who called summer rebound in stocks says rally could continue even if corporate profits decline

Investors worried about the next pullback for stocks might want to pause and consider this: the decline in equity valuations since the start of the year already has exceeded the average pullback of other recessionary periods since the early 1990s, according to JPMorgan Chase & Co.’s equity quant Marko Kolanovic. While more Wall Street analysts …

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Airlines temper flying ambitions after chaotic — but profitable — travel rebound

Airlines were too ambitious chasing the travel rebound. Now they’re scaling back

An American Airlines Boeing 737-800, equipped with radar altimeters that may conflict with telecom 5G technology, can be seen flying 500 feet above the ground while on final approach to land at LaGuardia Airport in New York City, New York, U.S., January 6, 2022. Bryan Woolston | Reuters The leaders of the country’s biggest airlines …

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Wall Street ends first day of third quarter with solid rebound

Wall Street ends first day of third quarter with solid rebound

U.S. factory activity decelerates more than expected in June Micron’s downbeat forecast prompts chip sell-off Kohl’s tumbles after calling off sale to Franchise Group Indexes up: Dow 1.05%, S&P 1.06%, Nasdaq 0.90% NEW YORK, July 1 (Reuters) – Wall Street bounced back to a sharply higher close in light trading on Friday as investors embarked …

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U.S. new home sales rebound in May; consumer sentiment at record low

U.S. new home sales rebound in May; consumer sentiment at record low

Carpenters work on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, U.S., May 5, 2021. REUTERS/Octavio Jones/File Photo Register now for FREE unlimited access to Reuters.com Register New home sales rebound 10.7% in May; April data revised up Median house price jumps 15.0% to …

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Stocks Rebound; Tesla's New Battery Supplier Is Its Top Rival

Stocks Rebound; Tesla’s New Battery Supplier Is Its Top Rival

Dow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally had a strong response Tuesday to another Target (TGT) earnings warning, rebounding from early lows to close higher. X China EV and battery giant BYD (BYDDF) will supply batteries to Tesla (TSLA), a BYD executive said Wednesday …

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