New Strong Sell Stocks for June 21st

Moneywise
Warren Buffett believes the vast wealth gap in America is due to 1 'inevitable consequence'
"The poor are most definitely not poor because the rich are rich."
Yahoo Finance AU
$1.5 million pay day using simple $10 trick: 'Worth your attention'
Finance expert Ben Nash details how to avoid tax and build your retirement nest egg with these super tricks.
Yahoo Finance AU
Dire sign in Aussie dollar spike: 'On the warpath'
Australia is "straying from the narrow path", so could that spell a recession?
Yahoo Finance AU
ANZ’s major $4.9 billion Suncorp takeover gets tick of approval: 'Significant milestone'
Treasurer Jim Chalmers has given his tick of approval for the major banking takeover.
South China Morning Post
Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows
The yuan is facing its highest level of capital outflow in eight years, according to new research, and data suggest a wave of offshore yuan remittances from Hong Kong to mainland China have helped offset some of the currency's looming depreciation pressures. China's trailing 12-month net capital outflows stood at US$139 billion as of May 2024, the worst year for the figure since the period from 2016 to 2017, said the French investment bank Natixis in a presentation on Tuesday. Firms are reluctan
Yahoo Finance AU
Aussie banks issue cashless warning: ‘Going digital’
Aussies are using less and less cash with the drop recorded across ages, incomes and locations.
Simply Wall St.
Shareholders Are Optimistic That Paychex (NASDAQ:PAYX) Will Multiply In Value
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
CNN Business
The Nvidia spell has been broken. Here’s what could come next
Nvidia stock is back on the road to recovery, but investors have come face-to-face with a potentially bubble-bursting truth: Every stock can fall.
Yahoo Finance
Chewy stock spikes, then retreats, after 'Roaring Kitty' posts cryptic picture of dog on X
Chewy stock soared after a cryptic tweet from a popular meme stock investor on Thursday.
Insider Monkey
The Biggest Economy in the World by the End of 2024
We recently compiled a list of the 50 Biggest Economies in the World by the End of 2024 and in this article we will look at the country that topped our rankings. A Brief Analysis of the World Economic Outlook According to the United Nations, the global economic outlook has improved since January. The global […]
NewsWire
Dire warning of several rate hikes this year
The worst fears of household borrowers could soon be realised as the Reserve Bank grapples with stubbornly persistent price pressures.
Yahoo Finance Video
Is AI in a bubble similar to the 1990s telecom bust?
Micron Technology's (MU) post-earnings decline and Nvidia's (NVDA) shaky sell-off have not been a vote of confidence for the AI landscape to investors this week. Is this the first sign of an AI bubble materializing? To help answer these questions and more, Lead Edge Capital Founder Mitchell Green comes onto Yahoo Finance's Catalysts to talk about the long-term vision of the artificial intelligence trade. "If you believe that the hyperscalers are who are going to spend giants amount of money, I should say hyperscalers and the Singaporean government and the Middle Eastern governments are going to spend more money next year on this stuff. Then it's probably a long. If you think that this CapEx could be some sort of slight bubble, it's probably a short. What we think is it's very real, but this stuff is going to take a lot longer to play out than people think." Green states it could be some of the AI "incumbents" that actually come out on top at the end of the long-term adoption timeline. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
Simply Wall St.
J D Wetherspoon (LON:JDW) Has More To Do To Multiply In Value Going Forward
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
StockStory
AeroVironment (NASDAQ:AVAV) Exceeds Q1 Expectations But Stock Drops
Aerospace and defense company AeroVironment (NASDAQGS:AVAV) reported Q1 CY2024 results topping analysts' expectations, with revenue up 5.9% year on year to $197 million. On the other hand, the company's full-year revenue guidance of $805 million at the midpoint came in slightly below analysts' estimates. It made a non-GAAP profit of $0.43 per share, down from its profit of $0.99 per share in the same quarter last year.
The Independent
Volkswagen dropping $5bn into struggling EV maker Rivian
German auto giant will collaborate with EV startup on software and electrical tech
NewsWire
Aussie shares sink on inflation shock, hike fears
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
Simply Wall St.
Companies Like QuinStreet (NASDAQ:QNST) Can Afford To Invest In Growth
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Insider Monkey
NVIDIA Corporation (NVDA) Jumped on Booming Demand for AI Products
Meridian Funds, managed by ArrowMark Partners, released its “Meridian Hedged Equity Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. Risk assets continued to rise while market volatility remained low in the first quarter, perhaps indicating that investors are becoming somewhat complacent. In the quarter, the fund appreciated 5.46% […]
Reuters
Interactive Brokers reveals $48 million loss from NYSE glitch
The brokerage had filed claims with the NYSE to compensate it for these losses, but the exchange denied its ask, Interactive said. Outages caused by software and hardware malfunction have become common as trading moved from floors and pits to electronic systems, but glitches can roil markets and frustrate investors. Interactive said its losses stemmed from an attempt by its clients to take advantage of the massive drop in Berkshire's stock price.
South China Morning Post
Hozon files Hong Kong IPO to raise funds for its global growth, skirt China's discount war
Hozon New Energy Automobile, the start-up behind the Neta brand of electric vehicles (EVs), has applied to raise capital in Hong Kong, joining BYD, Xpeng and Li Auto in using the world's fourth-largest stock market as the launching pad to fund its overseas expansion and escape China's brutal discount war. Hozon plans to use the money from its initial public offering (IPO) to support its "internationalisation strategy", where it plans to "localise" its production facilities in different markets,

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New Strong Sell Stocks for June 21st

Latest stories

Warren Buffett believes the vast wealth gap in America is due to 1 'inevitable consequence'

$1.5 million pay day using simple $10 trick: 'Worth your attention'

Dire sign in Aussie dollar spike: 'On the warpath'

ANZ’s major $4.9 billion Suncorp takeover gets tick of approval: 'Significant milestone'

Hong Kong helps relieve yuan pressures as mainland China grapples with capital outflows

Aussie banks issue cashless warning: ‘Going digital’

Shareholders Are Optimistic That Paychex (NASDAQ:PAYX) Will Multiply In Value

The Nvidia spell has been broken. Here’s what could come next

Chewy stock spikes, then retreats, after 'Roaring Kitty' posts cryptic picture of dog on X

The Biggest Economy in the World by the End of 2024

Dire warning of several rate hikes this year

Is AI in a bubble similar to the 1990s telecom bust?

J D Wetherspoon (LON:JDW) Has More To Do To Multiply In Value Going Forward

AeroVironment (NASDAQ:AVAV) Exceeds Q1 Expectations But Stock Drops

Volkswagen dropping $5bn into struggling EV maker Rivian

Aussie shares sink on inflation shock, hike fears

Companies Like QuinStreet (NASDAQ:QNST) Can Afford To Invest In Growth

NVIDIA Corporation (NVDA) Jumped on Booming Demand for AI Products

Interactive Brokers reveals $48 million loss from NYSE glitch

Hozon files Hong Kong IPO to raise funds for its global growth, skirt China's discount war