AMC Entertainment (NYSE:AMC) stock has faced plenty of financial challenges in this post-pandemic world and took proactive measures. Via raising capital, AMC has bought itself some time to survive. However, its long-term outlook remains uncertain due to industry struggles, including a recent writers’ strike affecting movie releases. It’s a situation to monitor. AMC tried hard
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The third-quarter earnings parade continues. According to data compiled by FactSet, 73% of S&P 500 listed companies have reported better-than-expected earnings, and 66% have announced better revenue than had been anticipated among professional analysts. Overall, that’s a pretty good track record. However, there have been plenty of hits and misses among some notable names this
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Picking growth stocks for the next 10 years is not easy, because the stock market changes seemingly every second. Still, some growth companies can be trusted for a long period, and they have the potential to increase your future wealth significantly. As the stock market is back on track after a turbulent few years and
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The third-quarter earnings train rumbles along. While the majority of Q3 prints have been better than expected, several have been absolutely dreadful, putting analysts and investors in a foul mood and leading all the major stock indexes to post declines for October. The reasons for the poor financial results vary and include everything from macroeconomic
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Oil stocks are back in focus, with the ongoing Israel-Hamas war pushing oil prices higher on fears of a wider conflict in the Middle East that could disrupt supplies. Further, the recently announced mega deals in the sector have gained investors’ attention. Exxon Mobil (NYSE:XOM) is acquiring shale player Pioneer Natural Resources (NYSE:PXD) for $59.5
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It’s been a challenging time for the real estate investment trust (REIT) market in 2023. Higher interest rates make it much more expensive to service debt. Investors are demanding higher yields on their stocks, which pushes down share prices. And lower share prices, in turn, make it harder for REITs to issue new equity to
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Robinhood Markets (NASDAQ:HOOD) changed the way many people buy and sell stocks. Its crypto connection could catalyze HOOD stock in 2023’s final quarter, but a crucial day is coming for Robinhood. The company has faced regulatory hurdles this year, and the company’s co-founder and chief creative officer, Baiju Bhatt, sold 90,021 Robinhood shares earlier this month.
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Given the sensitive nature of current and ongoing geopolitical flashpoints, the concept of top defense stocks to buy seems controversial. Indeed, the sector has always attracted criticism as it runs almost perfectly counter to contemporary environmental, social and governance (ESG) considerations. Still, while the underlying business of war may be ugly, it’s a necessity. Listen,
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The Nasdaq has been on a roller coaster ride in 2023, reaching incredible highs and some frightening lows. As of today, the famous tech-heavy index is down 12% from its recent high. Overall, the index has gained more than 22% year-to-date, outperforming the S&P 500 and the Dow Jones Industrial Average. However, that also implies
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Cloud computing, artificial intelligence, autonomous systems and other emerging innovations that reshape our lives and economies remain a focal point for investors seeking robust growth. With top tech stocks constantly innovating, allocation to the sector is mandatory. However, rapid innovation also causes massive disruption. Indeed, some incumbents face competition from new entrants with superior technologies.
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In this article CNXC Follow your favorite stocksCREATE FREE ACCOUNT Luis Alvarez | Digitalvision | Getty Images Company: Concentrix (CNXC) Business: Concentrix provides technology-infused customer experience (CX) solutions and runs customer service for 2,000 customers globally. They are the second largest outsourced CX company globally and provide CX process optimization, technology innovation, front- and back-office
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