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The market debut of British chip designer Arm Holdings ARM was the biggest IPO of the year, at a valuation of at $54.5 billion. Yet shares of the company have…
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What If American's Economic Growth Data Is Fake? One of the mysteries of the current economic cycle is that we've had lots of recession indicators without the actual recession. One of my favorite economists to follow on Twitter, Philip Pilkington, may have figured out the mystery: our economic growth is fake. On Thursday, he laid out his reasoning in this thread:
Shares of Tesla Inc. pulled back 0.6% in premarket trading Wednesday, after charging up 7.7% to pace the S&P 500’s gainers in the previous session. The...
Shares of Tesla Inc. on Tuesday ended at their highest in nearly three weeks and notched their largest one-day percentage increase since March 21, when the...