Apple is the only “big five” technology company that’s not also a “top five” hedge-fund holding, according to Goldman Sachs. Amazon, Facebook, Alphabet and Microsoft are the most-loved stocks by hedge funds, alongside Time Warner, Goldman analysts said in a note. The note lists the 50 stocks that appear most often among the top 10
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How to best store those funds, while still earning interest on those sums, can vary. MaxMyInterest works to connect your bank accounts together to find the best rates for your cash. The highest rate the company currently offers is around 1.61 percent, with online banks typically providing the highest rates, according to Halloran. MaxMyInterest does
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Commercial fishing covers more than 55 percent of the ocean’s surface, a new study has revealed in a potentially worrying sign about the depletion of marine resources. Fish from the wild do not currently contribute a significant portion of human caloric consumption, but “the footprint of industrial fishing in the ocean is over four times
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“A lot of times, like [recently], there is a lot of cash on the sidelines and the stock market has done very well,” Dalio told CNBC Make It in January at the World Economic Forum in Davos, Switzerland. “It almost certainly will attract in a lot because everyone’s going to say, ‘Oh the stock market
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Hewlett Packard Enterprise shares skyrocketed as much as 19 percent on Thursday after the company reported first quarter financial results that blasted past analysts’ expectations on top and bottom lines. Here’s how the company did compared with what Wall Street expected: EPS: 34 cents vs. 22 cents expected according to Thomson Reuters Revenue: $7.67 billion
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A grassroots millennial group backed by the conservative Koch brothers is warning cities that giving Amazon multi-million-dollar tax breaks for its new headquarters might not pay off. Generation Opportunity, an activist group within the Koch network, has been speaking out against cities offering Amazon tax breaks and other incentives to encourage the e-commerce giant to
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The Cheesecake Factory on Wednesday reported fourth-quarter earnings of $57.7 million. On a per-share basis, the Calabasas Hills, California-based company said it had profit of $1.24. Earnings, adjusted for pretax gains, were 53 cents per share. The results met Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was also
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Australia’s currency is one of the most advanced in the world. The nation’s banknotes are totally waterproof, hard to counterfeit and relatively cleaner because they are resistant to moisture and dirt. Australian dollar notes are made of a polymer, which has a waxy feel, while the banknotes of the U.S. and several other countries are
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