In a market where concentration risk is a growing concern for investors, exploring value-oriented investments can be a prudent strategy. Diversifying beyond traditional index funds like the S&P 500 may offer unique opportunities for long-term returns. Phil McInnis, the chief investment strategist at Avantis Investors, advocates for a more diversified approach that focuses on companies
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GameStop’s annual shareholder meeting faced major disruptions due to computer problems, with servers crashing under an overwhelming amount of interest in the stream. The meeting was scheduled to start at 11 a.m. ET and was hosted on ComputerShare. However, many participants encountered error messages when trying to access the event, indicating that the page couldn’t
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Keith Gill, widely known as “Roaring Kitty” in online platforms, has recently disclosed that he has increased his ownership in GameStop’s common stock. According to a screenshot posted on Reddit’s Superstonk forum, Gill now holds over 9 million GameStop shares and more than $6 million in cash. This significant increase in ownership is a notable
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In a time when financial technology investments are facing a downturn, CleverCards, a Dublin-based startup, has managed to secure an impressive 8 million euros in funding. This innovative company leverages technology to combat employee misuse of corporate expenses, offering a digital platform connected to customizable expense cards. The need for such a solution stems from
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Broadcom recently released its earnings report for the second fiscal quarter, exceeding analysts’ expectations. The company reported earnings per share of $10.96, beating the projected $10.84. Additionally, revenue for the quarter reached $12.49 billion, surpassing the anticipated $12.03 billion. As a result, Broadcom experienced a notable 10% increase in stock value during extended trading. Looking
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The financial technology sector has undergone a significant transformation in recent years, with industry executives and investors indicating that the industry has reached a “bottom.” Valuations have corrected from unsustainable highs seen in 2020 and 2021, signaling a shift towards a more stable market. Companies are now required to prove solid use cases and business
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Revolut, a British financial technology firm, has recently revealed its decision to move its official headquarters from London to Canary Wharf, the city’s primary financial district. The move to the YY London building in the heart of Canary Wharf signifies a significant step for the company, as it seeks to expand its global presence. With
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