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Stock market today: Stocks edge higher to close at a record after upbeat producer inflation data

Stocks rose but pared gains from earlier in the day. The 10-year Treasury dropped after May PPI boo…

Max Adams,Filip De Mott   


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GameStop stock tanks 24% as weak earnings trump Roaring Kitty's planned livestream

GameStop reversed its nearly 40% rise in premarket trading on Friday as earnings disappointment off…

Theron Mohamed   


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4 mins read

Why Walmart stock keeps hitting new highs, making the Waltons richer than ever

Walmart stock is up 58% this year, propelling the three Walton siblings into the $100 billion club.…

Theron Mohamed   


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3 mins read

Market mayhem has calmed down. Here's what went down — and why more chaos may be coming.

Fresh fears of a recession, a Japanese interest-rate hike, and declining asset valuations rattled i…

Theron Mohamed   


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Tesla's stock split shows the EV maker is in a massive position of strength and will be a catalyst to buy, Wedbush's Dan Ives says.

Investors will make buying decisions based on how they expect Tesla to perform,"but the stock split…

Hamza Fareed Malik   


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5 mins read

It's a make-or-break week for the stock market. Here's why.

In today's big story, we're looking at why this is such a big week for the stock market.

Dan DeFrancesco   


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Tesla climbs 7% on plan to seek shareholder approval to split its stock

Tesla last split its stock in August 2020 and will seek shareholder approval for another stock spli…

Carla Mozée   


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1 min read

Amazon jumps as the online retail giant completes its first stock split since 1999

With the split, the world's fifth-largest company by market cap will seek a $10 billion share buyba…

Phil Rosen   


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Tesla's record deliveries in Q2 were driven by price cuts and are already priced into its stock, short seller Jim Chanos says

Tesla delivered 20,000 more vehicles than expected last quarter, but outperformance is already refl…

Theron Mohamed   


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Retail investors' bullishness for Tesla is the highest in 2 years ahead of vote on EV maker's stock split

Tesla stock purchases by retail investors 'are skyrocketing' before the company's vote Thursday on …

Carla Mozée   


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Tesla's stock split plan aims to help Elon Musk attract and retain 'excellent talent', filing shows

Tesla's plan to reduce the price of individual shares through the split would also allow more retai…

Ryan Hogg   


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Elon Musk beat the odds with Tesla by building hype then converting it into cash, legendary investor Jeremy Grantham says

Jeremy Grantham hailed Elon Musk's ability to build hype and Tesla's unlikely success, and poked fu…

Theron Mohamed   


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Tesla has 21% upside potential after stock-split takes effect as China production volume ramps up, Wedbush says

"Demand is not the problem for Tesla, but supply has been and is now clearly on an upward trajector…

Matthew Fox   


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Ark's Cathie Wood once again hypes Tesla – expecting her darling stock to hit $2,000 in five years thanks to a robotaxi boom

Cathie Wood said Tesla stock could hit $2,000 by 2027 thanks to a robotaxi boom, marking a 1,127% s…

Zahra Tayeb   


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Alphabet's 20-for-1 stock split could entice other companies to do the same and draw fresh inflows into the stock market this year, Bank of America says

S&P 500 stocks with share prices above $500 represent $6.6 trillion in market value, or about 17% o…

Matthew Fox   


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Theron Mohamed   


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GameStop shares soar 10% after the Reddit darling said it plans a stock split for the first time in 15 years

Video game retailer GameStop said it will ask for shareholder approval to increase share count to p…

Shalini Nagarajan   


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1 min read

Tesla leaps 9% as CEO Elon Musk confirms workforce reduction of 3.5% and says demand for its electric vehicles is 'extremely high'

The "wait list is long" for Tesla EVs, Musk told Bloomberg. The CEO said the electric vehicle maker…

Carla Mozée   


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GameStop jumps as the meme-stock favorite announces a 4-for-1 stock split

In March, the company indicated plans to split its stock, suggesting the move would afford "flexibi…

Phil Rosen   


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Tesla stock will sell off this month after 'off the chart' rally as retail investors lose excitement over Elon Musk, research firm says

Everyday traders have poured into Tesla to start the year, but with Musk's master plan falling rela…

Phil Rosen