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Is Sinclair Broadcast Group, Inc. (SBGI) Going To Burn These Hedge Funds ?

We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds’ top 3 stock picks returned 41.7% this year and beat […] …read more […]

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Peloton Christmas ad tagged 'sexist' on social media

The advertisement, called “The Gift That Gives Back” shows a woman receiving a Peloton bike as a gift from her husband following which she records her workouts over a year and shares them with him. Peloton was not immediately available for a Reuters request for comment. The 30-second ad sparked a storm on Twitter, with several users pegging it as sexist. …read more […]

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Peloton Christmas ad tagged 'sexist' on social media

The advertisement, called “The Gift That Gives Back” shows a woman receiving a Peloton bike as a gift from her husband following which she records her workouts over a year and shares them with him. Peloton was not immediately available for a Reuters request for comment. The 30-second ad sparked a storm on Twitter, with several users pegging it as sexist. …read more […]

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Best Tech Stocks to Watch Right Now

If you’re looking for the top tech stocks to watch as we roll into December and close out 2019, you’re going to want to keep an eye on the intersection between tech and retail for obvious reasons. The stock market was open on Black Friday, and believe me, so were the stores.
Shoppers splurged online to the tune of $7 billion on Black Friday alone, and we still have to get through the rest of the holiday season. But which retail-oriented tech stocks should the savvy investor be keeping an eye on as we march towards 2020?
The first stock to watch …read more […]

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Violent Protests Shut Down Key Rio Tinto Mine in South Africa

(Bloomberg) — Sign up to our Next Africa newsletter and follow Bloomberg Africa on TwitterViolent protests, often characterized by deadly shootings and barricades of burning tires, are making it harder for the world’s biggest mining companies to operate in South Africa.Rio Tinto Group shuttered its Richards Bay Minerals unit on Wednesday and paused a $463 million expansion project amid escalating violence in surrounding communities that led to an employee being shot and injured. The stoppage will further sap investor sentiment in a country where business confidence is near the lowest level in two decades.The freezing of the Zulti South project …read more […]