How Long Can I Leave Ground Beef in Fridge
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Why Cruise Line Stocks Are Plunging Today
Shares of cruise line stocks plunged in trading on Tuesday as the market continues to grapple with economic uncertainty. Industry giant Carnival (NYSE: CCL) (NYSE: CUK) was down as much as 11.3% in trading today, Royal Caribbean Cruises (NYSE: RCL) fell 10%, and Norwegian Cruise Line Holdings (NYSE: NCLH) dropped 11.8%. The news continues to be murky at best with companies warning of slowing sales in a variety of sectors, consumers experiencing inflation, and the Federal Reserve continuing to indicate that it will keep raising interest rates.
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Down More Than 30%: Insiders Call a Bottom in These 3 Stocks
Despite brief periods of respite, the markets have mostly trended south in 2022, with the NASDAQ's 28% year-to-date loss the most acute of all the main indexes. So, where to look for the next investing opportunity in such a difficult environment? One way is to follow in the footsteps of the corporate insiders. If those in the know are picking up shares of the companies they manage, it indicates they believe they might be undervalued and poised to push higher. To keep the field level, the Federal
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Why Micron, AMD, and Nvidia Stocks Retreated Today
Two months ago, computer memory maker Micron (NASDAQ: MU) reported its financial results for fiscal Q2 2022, and the news was incredible -- sales were up 25% year over year, and net profits more than tripled. Three weeks ago, semiconductors specialist Advanced Micro Devices (NASDAQ: AMD) reported some earnings of its own, and again the news was great -- sales up 71% and profits rising 42%. Heading into earnings day, Nvidia stock is down 5.3% at 11:10 a.m. ET Tuesday, and investor worry is beginning to bleed over into other tech stocks.
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Is Alibaba Stock a Buy Ahead of Earnings? 5-Star Analyst Weighs In
Before Thursday's market action kicks off, Alibaba (BABA) will step up to the earnings plate and deliver F4Q22's financials. The latest quarterly update comes against a backdrop of a contracting Chinese economy, supply chain woes and the recent zero-COVID lockdowns. Taking these factors into consideration, ahead of the print, Baird's 5-star analyst Colin Sebastian thinks some revisions are in order on the outlook for F23. The analyst now anticipates F1Q23 (June) revenues will increase by 4% year
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J.P. Morgan Says Buy These 3 Beaten-Down Stocks for Over 90% Upside Potential
Last week, the S&P 500 finished Friday's session with a rally that gave the index a small gain of 0.15% for the day. It was a good thing, too, since the index flirted with a net-20% loss during the session. That's bear market territory, the kind of market move that will further spook investors after a springtime of headwinds. Inflation is running at 40-year high levels, Q1 showed a net economic contraction, Russia's war on Ukraine promises to further damage supplies and prices in the food, cooki
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Mega-SPAC Mints a $21 Billion Fortune That Collapses in Minutes
(Bloomberg) -- If the SPAC craze is over, it's going out with a bang by making a Miami lawyer who has owned speedboats named "Class Action" and "Power of Attorney" one of the richest people in the US -- if only briefly.Most Read from BloombergPlot to Kill George W. Bush in Revenge for Iraq War Was Foiled, FBI SaysStocks Finish Off Session Lows While Bonds Climb: Markets WrapTexas Shooter Kills 18 Elementary School Children, One TeacherSocial Media Stocks Sink to Erase $135 Billion on Snap Warnin
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Why Shopify Stock Was Tumbling Again Today
Shares of Shopify (NYSE: SHOP) were sliding today as the e-commerce software company was one of several tech stocks to fall in sympathy with Snap (NYSE: SNAP), which warned that second-quarter results would come in below its earlier guidance and blamed a deteriorating macroeconomic environment for the downward revision. As of 1:35 p.m. ET, Shopify stock was down 10.4%, while Snap had plunged 41.9% at the same time.
Source: https://finance.yahoo.com/news/long-ground-beef-stay-fridge-182143049.html
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