Market
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‘Their accounts have made less than 1% in three years’: I set up 529 plans for my teens, but they’re floundering. Can I move them back to CDs?
“Their 529 money is not growing.” Source link
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Crocs’s stock drops on Q3 profit warning
The footwear maker has seen a 44% gain this year in its share price. Source link
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Shell beats expectations as cost-cutting plans boost profitability
The British energy giant increased its profits in the face of lower oil and gas prices, as it successfully cut…
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Moderna’s stock slides 12% after it lowers full-year sales guidance
The second-quarter sales decline was mostly due to lower demand for the company’s COVID-19 vaccine. Source link
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Since 1995, value stocks have always outperformed when they’re this cheap — and by a big margin
Dodge & Cox’s David Hoeft says value stocks outperform over five years when they’re this cheap relative to growth stocks.…
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The bank of Starbucks: Coffee retailer has $1.77 billion in unredeemed gift cards
The latest Starbucks results show the retailer may have trouble selling coffee, but it is good at selling customers the…
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Anheuser-Busch InBev profits boom even as U.S. struggles continue and China sales fall
Anheuser-Busch InBev reported booming profits on Thursday thanks to cost cutting even as the brewer still wrestles with a consumer…
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BAE Systems raises guidance after surge in sales in first half
BAE Systems raised its 2024 guidance after posting a surge in sales amid high defense spending across all its key…
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Teladoc posts another quarterly loss, and online mental-health unit sees revenue slip
Once high-flying, Teladoc’s stock drops 13% after the telehealth company posts yet another quarterly loss. Source link
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Carvana posts surprise profit as retail vehicle sales rise 33%
Carvana’s stock rallies 14% as used-car retailer sees “untapped potential.” Source link
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