These were the five best and worst performing mega-cap stocks in November 2022

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ValueWalk

While 2022 has been a dismal year for investors so far, November has offered some respite. In November, all three benchmark indices – The Dow Jones Industrial Average, Nasdaq Composite, and the S&P 500 – reported gains over the last month. Most mega-cap stocks also ended the month in green. In fact, there were just five mega-cap stocks that posted negative returns. Let’s take a look at the five best and worst performing mega-cap stocks in November 2022. Q3 2022 hedge fund letters, conferences and more Five Best Performing Mega-Cap Stocks In November 2022It is a holding company that focuses on … Read More “These were the five best and worst performing mega-cap stocks in November 2022”

Ford Revving Up Production Of EV Power Units At U.K. Plant

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ValueWalk

Ford said Thursday it would invest $180 million to transition a U.K. factory away from internal combustion engines and toward EV power systems.It’s currently focusing its AI efforts on driver-assisted technologies, rather than self-driving vehicles.Ford, along with other automakers, reports November sales on Friday, with industry analysts expecting numbers to come in flat.Although EV startups such as NIO (NYSE:NIO) and Mullen Automotive (NASDAQ:MULN) are grabbing attention, along with 800-pound gorilla Tesla (NASDAQ:TSLA), long-established automakers such as Ford (NYSE:F) and General Motors (N… Read More “Ford Revving Up Production Of EV Power Units At U.K. Plant”

The Ultimate List Of The Best Cryptocurrency Websites

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ValueWalk

You might be new to the World of cryptocurrency, but that doesn’t mean you can’t get involved. There are dozens of different kinds of virtual coins out there, and each one has its own unique value proposition. Some coins serve as payment methods for specific vendor transactions, while others function more like tokens that give their holders a stake in the future success of an organization. There are thousands of different websites about cryptocurrency and its subcultures. Q3 2022 hedge fund letters, conferences and more They deal with everything from mining to blockchain technology, from tradi… Read More “The Ultimate List Of The Best Cryptocurrency Websites”

Lamar Jackson Addresses Now-Deleted Tweet After Sunday’s Loss

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Sports Illustrated

By Jelani Scott The star quarterback faced backlash after sending a vulgar message in response to a fan who criticized the 25-year-old after the game. Lamar Jackson ignited a social media firestorm earlier this week after he directed a vulgar message toward a fan criticizing the 25-year-old after the Ravens lost on the road. On Friday, the star quarterback offered his first public comments on the controversy and the since-deleted tweet that caused it. Jackson, who normally holds his media availability on Wednesday, spoke about the situation on Friday, two days after he left practice early to t… Read More “Lamar Jackson Addresses Now-Deleted Tweet After Sunday’s Loss”

Can ZIM Defy Broad Downturn In The Container Shipping Industry?

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ValueWalk

ZIM Integrated Shipping Services is an example of what’s befallen the shipping industry: Shares are down 33.58% in the past three months and down 17.48% year-to-date.The shipping industry as a whole is in a slump, largely due to continued lockdowns in China.Despite continued price declines, analysts have a rating of “hold” on ZIM.ZIM Integrated Shipping Services (NYSE:ZIM) offers an example of what’s befallen the once red-hot shipping industry in the past six months. The Israel-based company’s stock is down 33.58% in the past three months and down 17.48% year-to-date. Q3 2022 hedge fund letter… Read More “Can ZIM Defy Broad Downturn In The Container Shipping Industry?”

Where is Gary Gensler in this FTX debacle, and how did SBF and Alameda end up controlling so much money?

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City AM

By Darren Parkin The week in reviewwith Jason Deane It’s been another where it feels like the World is jammed on full throttle and heading into crazy town while screaming as loudly as possible. All I can do is try and make some sense of it – hopefully before we get there. As ever, the airwaves have mostly been filled with the fallout from the FTX debacle. Sam Bankman-Fried appears to be talking to everyone and anyone, although he’s sometimes vague and he’s clearly uncomfortable with certain questions. Whether he’s genuinely attempting to make amends, protect himself or simply face the music on… Read More “Where is Gary Gensler in this FTX debacle, and how did SBF and Alameda end up controlling so much money?”

Devin Booker Scores 51, MVP Chants Rain Down As Suns Trounce Bulls

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uSports.org

Propelled by a stellar 51-point performance from Devin Booker, the Phoenix Suns breezed past the Chicago Bulls Wednesday night in a 132-113 victory. Booker received MVP chants throughout the night as Phoenix improved to 15-6 to take sole control of the top spot in the Western Conference. Booker’s massive scoring night was as much a result of efficiency as volume, as the guard, made 20 of 25 field goal attempts and six of seven shots from three-point range. Along with fellow star Deandre Ayton, who scored 30 and earned 14 rebounds, Booker was the only on the floor for 31 minutes due to the lops… Read More “Devin Booker Scores 51, MVP Chants Rain Down As Suns Trounce Bulls”