Zuckerberg Sells First Meta Shares in Two Years Following 172% Surge – What This Means for Investors

(Bloomberg) — Mark Zuckerberg is making a rare move by selling Meta Platforms Inc. stock for the first time in two years, following the company’s rapid recovery from a tumultuous 2022. Most Read from Bloomberg The Meta co-founder’s trust, as well as entities for his charitable and political giving, offloaded about 682,000 shares worth almost …

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Must-Visit Companies: Uber, Coinbase, Spotify, Alaska Air, and More!

Check out the companies making headlines before the bell: Coinbase — Crypto-related assets surged after Bitcoin topped $40,000 for the first time this year. Coinbase jumped 7%, MicroStrategy gained 7% and Marathon Digital climbed 13%. Uber Technologies — The ride-hailing stock rose 4% after S & P Dow Jones Indices on Friday said it will …

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Nvidia Stock Drop as Insiders Sell Shares Following 220% AI Surge

(Bloomberg) — Company executives and directors at the best-performing company in the S&P 500 have been selling millions of dollars’ worth of shares recently, data reveals. Nvidia Corp. heads have unloaded around 370,000 shares valued at approximately $180 million, marking the largest monthly sale in at least six years if all shares are indeed sold. …

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Exciting News for Buyers in Emerging Markets: Yield Hunt is Back!

(Bloomberg) — Amid cheers for emerging markets making a comeback, analysts and investors experienced another setback as US Treasury yields surged. Although the Federal Reserve is anticipated to end its aggressive monetary tightening campaign, investors are exhibiting optimism once again. Euphoria is taking over developing-nation assets, as indicated by the significant rally in stocks and …

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Morgan Stanley’s Wilson Predicts Volatile December for Stock Market

(Bloomberg) — As bond yields fluctuate, US stocks are expected to face a bumpy finish to the year following a November rally, according to insights by Michael Wilson of Morgan Stanley. Most Read from Bloomberg Despite the S&P 500’s approximately 20% gain this year, Wilson, who has been generally bearish, noted that December could bring …

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Today’s Stock Market: Real-time Updates and Analysis

An Hour Ago Mixed Open for Europe The pan-European Stoxx 600 hovered just below the flatline in early trade, with mining stocks shedding 1.5% to lead losses while retail stocks added 0.8%. 3 Hours Ago Global Debt’s Worrying Trend Veteran investor David Roche expressed concern about the escalating global debt, but suggested it may not …

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Roche Acquires Billionaire-Backed Weight-Drug Maker for $3.1 Billion in Major Pharma Deal

(Bloomberg) — In a bid to break into the burgeoning weight-loss market, Roche Holding AG has announced its acquisition of Carmot Therapeutics Inc., a pioneer in the development of cutting-edge weight-loss treatments. The deal, valued at up to $3.1 billion, has the potential to position the Swiss pharmaceutical giant as a formidable competitor to European …

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Bitcoin Surges Past $41,000 as Gold Reaches Record High

The price of gold has reached a new all-time high, surpassing the significant level of $2,100 during the Asian session on Monday, Dec. 4. Conversely, Bitcoin (BTC) has also surged above $41,000 for the first time in 19 months. BTC/USD (blue) vs. gold price (orange) Source: Tradingview Bitcoin price breaks $40K…and $41K Bitcoin has triumphantly …

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Gold Dominates as Oil Falters: Top Trends in the Market

By Wayne Cole (Reuters) – A comprehensive look at the day ahead in European and global markets from Wayne Cole Asian stocks are starting the week cautiously, as gold reaches a new peak and Treasuries face profit-taking after significant gains. Oil experiences an early rally but fails to hold onto gains following news of attacks …

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